Patterson-UTI Energy Company Profile - Sep 08, 2011 by WrightReports


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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Patterson-UTI Energy, Inc.
                                                                                        440 Wheelers Farms Road
                                                                                        Milford, CT 06461 U.S.A.

  Figures in U.S. Dollars

                                 Wright Quality Rating:AAA2                                  Key Data

   Patterson-UTI Energy, Inc. (Patterson-UTI) owns and operates fleets of land-based         Ticker:
   drilling rigs in the United States. Patterson-UTI's contract drilling business operates   PTEN
   in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah,
   Wyoming, Montana, North Dakota, Pennsylvania, West Virginia and western Canada.           2010 Sales:
   It has a drilling fleet that consisted of 356 marketable land-based drilling rigs. It
   provides pressure pumping services to oil and natural gas operators in Texas and the
   Appalachian Basin. On January 20, 2010, it provided drilling fluids, completion fluids
   and related services to oil and natural gas operators offshore in the Gulf of Mexico      Major Industry:
   and on land in Texas, New Mexico, Oklahoma and Louisiana and it sold its drilling and     Oil, Gas, Coal & Related
   completion fluids services business. On October 1, 2010, it acquired the assets and       Services
   operations of a pressure pumping business and an electric wireline business.
                       Stock Chart                                  Officers                 Sub Industry:
                                                                   Chairman                  Exploration, Drilling Service
                                                                  Mark S. Siegel             & Equip

                                                          President & Chief Executive        Country:
                                                                 Douglas J. Wall             United States

                                                          Senior Vice President, Chief Currency:
                                                         Financial Officer & Treasurer U.S. Dollars
                                                               John E. Vollmer III
                                                                                     Fiscal Year Ends:
                                                         Secretary & General Counsel
                                                                Seth D. Wexler


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