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PATTERSON UTI ENERGY INC
William Andrew Hendricks Jr., an executive at Patterson-UTI Energy, filed a Form 4 report regarding changes in his beneficial ownership of company securities as of September 18, 2026. This filing serves as a standard disclosure of executive equity transactions.…more
PATTERSON UTI ENERGY INC
William Andrew Hendricks Jr., an executive at Patterson-UTI Energy, has filed a Form 144 regarding the proposed sale of company shares. This filing serves as a notification of the insider's plan to dispose of their holdings.…more
PATTERSON UTI ENERGY INC
Patterson-UTI Energy announced in its September 8, 2026 investor presentation that it expects 2026 adjusted free cash flow to more than cover its annual dividend, with 2026 net capital expenditures projected at approximately $600 million. The company maintains an investment-grade credit rating with no senior note maturities until 2029 and reported a cash balance of $203 million as of June 30, 2026.…more
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Patterson-UTI Energy Reports Average of 103 Drilling Rigs in September
Patterson-UTI Energy reported an average of 103 U.S. drilling rigs operating in September, with a third-quarter average of 101. This operational update provides current activity levels without specific financial guidance or performance indicators, maintaining a neutral outlook.…more
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Patterson-UTI Energy announced an average of 101 drilling rigs operating in the U.S. for the month of August 2026. The company cautioned that rig counts do not necessarily indicate future financial performance.…more
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Patterson-UTI Energy has filed a prospectus with the SEC for a mixed shelf offering of various securities. Specific terms and the size of the offering have not yet been disclosed.…more
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