PTEN Stock Analysis
PT
Uncovered
Patterson-UTI Energy Inc is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. The company is headquartered in Houston, Texas and currently employs 6,500 full-time employees. The firm operates through three business segments: Contract Drilling Services, Pressure Pumping Services and Directional Drilling Services. The Contract Drilling Services segment market its contract drilling services to independent oil and natural gas operators. Its Contract Drilling Services segment has marketed approximately 184 land-based drilling rigs in the continental United States and eight in Colombia. The Pressure Pumping Services segment provides pressure pumping services to oil and natural gas operators, primarily in Texas and the Appalachian region. The company also provides cementing services through its pressure pumping segment. The Directional Drilling Services segment provides a range of directional drilling services in producing onshore oil and gas basins in the United States.