P

Patterson-UTI Energy

PTEN

10.200
USD
-0.78
(-7.10%)
Market Closed
Volume
304,721
EPS
0
Div Yield
0
P/E
53
Market Cap
3,107,058,709
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Title: Patterson/UTI Energy

Sector: Energy
Industry: Oil & Gas Drilling
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.