Patterson-UTI Energy owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment. The Company's segments include Contract Drilling segment, which markets its contract drilling services to independent and other oil and natural gas operators; Pressure Pumping segment, which provides pressure pumping services to oil and natural gas operators; and Other operations segment, which includes the Company's pipe handling components and related technology business, the oil and natural gas working interests.

Type
Public
HQ
Houston, US
Founded
1978
Size (employees)
3,600 (est)
Patterson-UTI Energy was founded in 1978 and is headquartered in Houston, US
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Patterson-UTI Energy Office Locations

Patterson-UTI Energy has an office in Houston
Houston, US (HQ)
500 450 Gears Rd
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Patterson-UTI Energy Financials and Metrics

Patterson-UTI Energy Financials

Patterson-UTI Energy's revenue was reported to be $915.87 m in FY, 2016 which is a 51.6% decrease from the previous period.
USD

Revenue (Q1, 2018)

809.2 m

Net income (Q1, 2018)

(34.4 m)

EBIT (Q1, 2018)

(22.1 m)

Market capitalization (14-Jun-2018)

4.1 b

Closing share price (14-Jun-2018)

18.7

Cash (31-Mar-2018)

304.3 m
Patterson-UTI Energy's current market capitalization is $4.1 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.7 b3.2 b1.9 b915.9 m

Revenue growth, %

17%(41%)(52%)

General and administrative expense

69.2 b

Operating expense total

69.2 b
Quarterly
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

730.9 m472.8 m422.3 m268.9 m193.9 m206.1 m305.2 m579.2 m809.2 m

General and administrative expense

19.6 m19.2 m18.6 m18 m17.1 m16.6 m18.9 m23.5 m32.8 m

Operating expense total

606.4 m497.5 m751.8 m364.2 m318.2 m329.5 m397.8 m719.4 m831.3 m

EBIT

124.6 m(24.8 m)(329.5 m)(95.3 m)(124.3 m)(123.4 m)(92.6 m)(140.2 m)(22.1 m)
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

249.5 m43 m113.3 m35.2 m

Inventories

21.2 m32.3 m14.7 m20.2 m

Current Assets

808.7 m909.1 m486.5 m283.3 m
Quarterly
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

204.6 m76.5 m76.5 m186.6 m209.6 m37 m466.6 m40.1 m304.3 m

Inventories

24.3 m22.7 m17.4 m13.2 m11.5 m19.9 m20.8 m36.1 m72.1 m

Current Assets

792.3 m515.8 m505.7 m494.2 m455.7 m280.3 m729.9 m571.7 m1 b

PP&E

3.7 b4.2 b4 b3.8 b3.6 b3.5 b3.3 b4.2 b4.2 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

188 m162.7 m(294.5 m)(318.6 m)

Accounts Payable

11.3 m86.6 m(131.6 m)12 m

Cash From Operating Activities

888.9 m728.7 m999.4 m305 m
Quarterly
USDQ3, 2013Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Net Income

171.4 m(9.9 m)(235.8 m)(70.5 m)(156.4 m)(240.5 m)(63.5 m)(155.7 m)(34.4 m)

Inventories

22.7 m17.4 m13.2 m11.5 m19.9 m20.8 m

Accounts Payable

22.2 m223 m165.5 m82 m66.3 m82.2 m158.2 m(22.5 m)

Cash From Operating Activities

656.7 m150 m
USDY, 2018

Revenue/Employee

224.8 k

Financial Leverage

1.5 x
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Patterson-UTI Energy Online and Social Media Presence

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Patterson-UTI Energy News and Updates

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