$12.640
+0.214 (+1.69%)Al cierre
Noticias de PTEN
Eventos de PTEN
Patterson-UTI Expects 2026 CapEx of $600M
Patterson-UTI still sees 2026 CapEx $600M
Patterson-UTI Reports Q2 Revenue of $1.2B, Beating Expectations
Reports Q2 revenue $1.2B, consensus $1.15B. "We delivered a strong quarter, with a positive inflection in activity and momentum building across each of our businesses as we moved through Q2 and into Q3," said CEO Andy Hendricks. "Our team executed very well, customer activity is growing, and the U.S. onshore market is responding to a more constructive commodity price environment. These results reflect the strategic investments we have made to position Patterson-UTI as a premier oilfield services company across each of our core businesses. Importantly, this second quarter performance was achieved without the benefit of the additional growth capital investments announced during the quarter. We expect those investments to support continued growth into 2027 and beyond, while further strengthening our technology leadership."
Patterson-UTI Reports Average of 95 Drilling Rigs in June
Patterson-UTI reported that for the month of June, the company had an average of 95 drilling rigs operating in the United States. For the three months ended June 30, the company had an average of 92 drilling rigs operating in the United States.
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