HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in ...

Natixis Advisors LLC lessened its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Free Report) by 93.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The ...

CIBC Asset Management Inc lifted its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Free Report) by 62.9% during the 4th quarter, according to its most recent 13F filing with ...

Patterson-UTI (PTEN) delivered earnings and revenue surprises of -100% and 5.32%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Nonetheless, Patterson-UTI has an excellent governance score and has made a business-synergistic merger with NexTier and an accretive acquisition of Ulterra.

The acquisition of Ulterra will expand Patterson-UTI's (PTEN) operational and technology portfolio, strengthening its market presence in drilling and completions.

The article analyzes the Patterson-UTI and NexTier Oilfield deal announced recently. Read more to see why the deal seems fair to both sides.

Patterson-UTI Energy Inc. agreed to acquire NexTier Oilfield Solutions Inc. in an all-stock deal worth $1.9 billion that forms one of the shale sector’s biggest providers of drilling and ...