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Patterson-UTI Energy, Inc.: Patterson-UTI Energy Reports Financial Results for the Three Months and Year Ended December 31, 2021 and Increases Dividend on Improved Cash Flow Outlook

HOUSTON, TX / ACCESSWIRE / February 10, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the three months and year ended December 31, 2021. The Company reported a net
United States Mike Drickamer Andy Hendricks Energy Inc Pioneer Energy Services Executive Officer

Patterson-UTI Energy Reports Financial Results for the Three Months and Year Ended December 31, 2021 and Increases Dividend on Improved Cash Flow Outlook

10.02.2022 - HOUSTON, TX / ACCESSWIRE / February 10, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the three months and year ended December 31, 2021. The Company reported a net loss of $362 million, or $1.68 per share, for ...
United States Mike Drickamer Andy Hendricks Energy Inc Pioneer Energy Services Executive Officer

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Struggling oilfield firm Pioneer Energy gobbled up by rival

Struggling oilfield firm Pioneer Energy gobbled up by rival as oil industry recovers FacebookTwitterEmail 1of3 Andy Hendricks, left, president and CEO of Patterson-UTI, and Mark Siegel, chairman of Patterson-UTI, pose for a portrait at the Houston Chronicle, Thursday, April 27, 2017, in Houston. ( Jon Shapley / Houston Chronicle )Jon Shapley, Staff / Houston ChronicleShow MoreShow Less 2of3 Patterson-UTI APEX-XK 1500 oil rig drill. Tuesday, May 9, 2017, near College Station. ( Marie D. De Jesus...
United States Taylor Zurcher Matthew Porter Haynes Boone Stacy Locke Louise Dickson

As OPEC+ talks stall, US shale producers hedge their bets

As soon as OPEC+ negotiations fell apart on Monday, stoking fears of a supply squeeze and sending oil prices soaring, U.S. shale executives began hitting the phones. They werenโ€™t ordering their crews to drill for more oil. They werenโ€™t game-planning a miraculous comeback in American crude production. They were securing hedges โ€” locking in prices for the oil they plan to produce next year and protecting themselves against a potential market slump, people familiar with the trades said, aski...
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Shale Rushes to Lock In Oil's Rally as OPEC+ Rift Roils Market

Dennis Da Silvas Top Picks: July 6, 2021 U.S. stocks pare losses; Yields drop to February lows Ross Healys Top Picks: July 5, 2021 Telus, Enbridge greenium boosts sustainability-linked bonds Alex Ruus Top Picks: July 2, 2021 Were #28! TSX rides commodity rally to outpace Dow Industrials Colin Stewarts Top Picks: June 30, 2021 U.S. stock euphoria abates at end of big first half Bruce Campbells Top Picks: June 29, 2021 Lorne Steinbergs Top Picks: June 28, 2021 Wall Street and C-Suite grapple with...
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