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Patterson-UTI Energy Inc. (PTEN)

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15.75 Up 0.17(1.09%) May 25, 4:00PM EDT|After Hours: 15.58 Down 0.17 (1.08%) May 25, 4:20PM EDT

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Patterson-UTI Energy Inc.
450 Gears Road
Suite 500
Houston, TX 77067
United States - Map
Phone: 281-765-7100
Fax: 281-765-7175
Website: http://www.patenergy.com

Details 
Index Membership:N/A
Sector:Basic Materials
Industry:Oil & Gas Drilling & Exploration
Full Time Employees:8,200

Business Summary 

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas exploration and production companies in the United States and Canada. The company offers pressure pumping services that consist of well stimulation and cementing for completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas and the Appalachian Basin; and contract drilling services primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia, Ohio, and western Canada. It also owns and invests in oil and natural gas assets located primarily in Texas and New Mexico. As of December 31, 2011, it had a drilling fleet of 330 marketable land-based drilling rigs. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

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Corporate Governance 
Patterson-UTI Energy Inc.’s Governance Risk Indicator (GRI®) as of May 1, 2012 is: Audit (Low Concern), Board (Low Concern), Compensation (Low Concern), Shareholder Rights (Low Concern).
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Douglas J. Wall , 59
Chief Exec. Officer and Pres
2.63M0.00
Mr. Cloyce A. Talbott , 76
Co-Founder, Consultant, Director and Member of Exec. Committee
250.00K0.00
Mr. John E. Vollmer III, 56
Chief Financial Officer, Treasurer and Sr. VP of Corp. Devel.
1.71M1.50M
Mr. Kenneth N. Berns CPA, 52
Sr. VP, Director and Member of Exec. Committee
1.61M0.00
Mr. Seth D. Wexler , 40
Gen. Counsel and Sec.
480.00K0.00
Amounts are as of Dec 31, 2011 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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