Overview
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Description
Patterson-UTI Energy Inc. is a leading provider of drilling and completion services to oil and natural gas exploration and production companies, primarily in the United States, Canada, Colombia, and select international markets. The company operates through three key segments: Drilling Services, which includes contract drilling, directional drilling, measurement-while-drilling systems, oilfield technology, electrical controls, and automation; Completion Services, encompassing hydraulic fracturing, wireline, pumping, completion support, cementing, and pressure pumping; and Drilling Products, focused on manufacturing and distributing drill bits and related tools. It also supplies rental equipment and advanced technology solutions to enhance operational efficiency in onshore basins. Founded in 1978 and headquartered in Houston, Texas, Patterson-UTI Energy Inc. plays a vital role in the energy services sector by supporting the extraction of oil and natural gas through specialized, high-performance equipment and services tailored to demanding drilling and completion environments.
About
CEO
Mr. William Andrew Hendricks Jr.
Employees
7900
Address
10713 West Sam Houston Parkway North
Suite 800
Houston, 77064, TX
United States
Suite 800
Houston, 77064, TX
United States
Phone
281 765 7100
Website
Instrument type
Common stock
Sector
Energy
Industry
Oil & Gas Drilling
Country
Germany
MIC code
XFRA