Patterson-UTI Energy Inc.

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News

Patterson-UTI Energy may hire another 3,000 workers this year after hiring back 3,000 in 2021, and even has recruiters set up at a…

U.S. oilfield service firm Patterson-UTI Energy said it is seeing significant price increases for both drilling and hydraulic…

Patterson-UTI CEO Andy Hendricks said "geothermal will play an important role in the energy transition."

EcoCell is a new energy management system set to reduce carbon emissions during drilling operations by utilizing battery energy…

The Corva and Patterson-UTI collaboration aims to equip oil and gas producers with the digital tools necessary to drill and complete…

New Financings

Report Date Type Amount (MM) Description
2018-04-02 Patterson-UTI Energy Inc. Debt $600.00

Entered into a $600 million, five-year credit agreement with a group of financial institutions led by…

Report Date Type Amount (MM) Description
2018-01-05 Patterson-UTI Energy Inc. Debt $525.00

Patterson-UTI Energy Inc. said on Jan. 5 that it is proposing to issue senior notes to eligible…

Report Date Type Amount (MM) Description
2015-03-18 Patterson-UTI Energy Inc. - 2015-03-18 Debt $200.00

Entered senior unsecured term loan agreement with group of financial institution lenders led by Wells…

Report Date Type Amount (MM) Description
2013-09-09 Patterson-UTI Energy Inc. - 2013-09-09 Buyback $200.00

Launched a new stock buyback program that authorizes purchases of additional shares to be made from time…

Report Date Type Amount (MM) Description
2013-09-09 Patterson-UTI Energy Inc. - 2013-09-09 Buyback $150.00

Completed its stock buyback program approved by its board in July 2012 after repurchasing some 2.6…

Transactions

Report Date Amount (MM) Description
2021-07-06 $295.00

Patterson-UTI to Buy Pioneer Energy Services for $295 Million

Patterson-UTI to Buy Pioneer Energy Services for $295 Million

Report Date Amount (MM) Description
2017-09-05 $215.00

Patterson-UTI Evolves With $215 Million Deal For Directional Driller

Patterson-UTI Evolves With $215 Million Deal For Directional Driller

Report Date Amount (MM) Description
2016-12-12 $1,760.00

Patterson-UTI To Buy Seventy Seven For $1.76 Billion

Patterson-UTI To Buy Seventy Seven For $1.76 Billion

Report Date Amount (MM) Description
2016-09-14

Patterson-UTI Energy To Acquire Drilling Technology Company

Patterson-UTI Energy To Acquire Drilling Technology Company

Report Date Amount (MM) Description
2014-10-28

Patterson-UTI Closes Eagle Ford, Haynesville Acquisition

Patterson-UTI Closes Eagle Ford, Haynesville Acquisition