Patterson-UTI Energy provides onshore contract drilling for producers of natural gas. The company operates about 300 rigs and the trucks and trailers needed to support them, making up the second-largest land-based drilling fleet in the United States.
The company also provides pumping services to natural gas operators in Texas and the Appalachian Basin.
The company has four main subsidiaries: Patterson-UTI Drilling Company LLC, Patterson-UTI Drilling Canada Limited, Universal Pressure Pumping, Inc, and Universal Well Services, Inc.
Patterson-UTI Energy trades publicly on the NASDAQ under the ticker symbol PTEN, is a member of the S&P 400, is #780 in the Fortune 1000, has 7.900 employees, and had $3.18 billion in revenue in 2014.
Patterson-UTI Energy
Patterson-UTI Energy provides onshore contract drilling for producers of natural gas. The company operates about 300 rigs and the trucks and trailers needed to support them, making up the second-largest land-based drilling fleet in the United States.
The company also provides pumping services to natural gas operators in Texas and the Appalachian Basin.
The company has four main subsidiaries: Patterson-UTI Drilling Company LLC, Patterson-UTI Drilling Canada Limited, Universal Pressure Pumping, Inc, and Universal Well Services, Inc.
History
Patterson-UTI Energy trades publicly on the NASDAQ under the ticker symbol PTEN, is a member of the S&P 400, is #780 in the Fortune 1000, has 7.900 employees, and had $3.18 billion in revenue in 2014.