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PATTERSON UTI ENERGY INC

NASDAQ:PTEN
US$11.23Close 7 Oct 2026 · delayed

Past year: ▲ 79%(5.81 – 12.64 USD)

Market cap
A$6.06bn
Shares on issue
381m
Story beats
17 since 2010
Last event
27 Mar 2018

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

27 Oct 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $84.1 million for the period ended 2016-09-30.

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2 Aug 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. received 36,661 shares as part of the equity award.

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2 Aug 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $85.9 million for the period ended 2016-06-30.

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28 July 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $85.9 million for the period ended 2016-06-30.

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12 July 2016security holder rights change● NeutralMajor

On July 8, 2016 the company amended its 2012 credit agreement (Amendment No. 2): $357.9 million of revolver commitments now run to March 27, 2019, borrowings are limited by a borrowing base, the maximum debt-to-capitalization ratio drops to 40%, and dividends and buybacks are restricted unless a debt service coverage ratio is at least 1.5x. It repaid its bank term loans, including the March 2015 $200 million term loan (terminated with no penalty), and the press release says $70 million remains outstanding on the revolver. The release states the new terms ease paying dividends compared with the old term loan's restriction.

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10 June 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC GENERAL COUNSEL AND SECRETARY Seth David Wexler acquired 41,000 shares and disposed of 9,418 in a set of related equity transactions.

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10 June 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC President-Drilling Subsidiary James Michael Holcomb acquired 41,000 shares and disposed of 9,418 in a set of related equity transactions.

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2 June 2016agm notice● Neutral

PATTERSON UTI ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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2 May 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $70.5 million for the period ended 2016-03-31.

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28 Apr 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $70.5 million for the period ended 2016-03-31.

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27 Apr 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. received 80,600 shares and a 315,400-share option grant as part of the equity award.

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27 Apr 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC Chief Financial Officer John E Vollmer III received 48,300 shares and a 189,100-share option grant as part of the equity award.

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27 Apr 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC Chairman of the Board Mark S Siegel received 38,700 shares and a 151,300-share option grant as part of the equity award.

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27 Apr 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC Senior Vice President Kenneth N Berns received 48,300 shares and a 189,100-share option grant as part of the equity award.

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25 Apr 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. had 12,124 shares withheld for taxes on vesting stock.

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15 Apr 2016agm notice● Neutral

PATTERSON UTI ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).

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15 Apr 2016agm notice● Neutral

PATTERSON UTI ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).

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11 Feb 2016substantial holder notice● Neutral

Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a PATTERSON UTI ENERGY INC shareholding of 15,444,260 shares (10.49% of votes) in a periodic institutional filing.

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11 Feb 2016substantial holder notice● Neutral

The Vanguard Group reported a PATTERSON UTI ENERGY INC shareholding of 10,383,831 shares (7.05% of votes) in a periodic institutional filing.

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4 Feb 2016quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $58.7 million for the period ended 2015-12-31.

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2 Feb 2016substantial holder notice● Neutral

Artisan Partners Limited Partnership, Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc., Artisan Partners Funds, Inc. reported a PATTERSON UTI ENERGY INC shareholding of 481,539 shares (0.30% of votes) in a periodic institutional filing.

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27 Jan 2016substantial holder notice● Neutral

BlackRock, Inc reported a PATTERSON UTI ENERGY INC shareholding of 11,124,316 shares (7.60% of votes) in a periodic institutional filing.

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5 Jan 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC director Michael W Conlon received 3,000 shares and a 10,000-share option grant as part of the equity award.

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5 Jan 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC director Terry H Hunt received 3,000 shares and a 10,000-share option grant as part of the equity award.

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5 Jan 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC director Tiffany J Thom received 3,000 shares and a 10,000-share option grant as part of the equity award.

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5 Jan 2016director interest notice● Neutral

PATTERSON UTI ENERGY INC director Curtis W Huff received 3,000 shares and a 10,000-share option grant as part of the equity award.

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28 Oct 2015quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $226.0 million for the period ended 2015-09-30.

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22 Oct 2015quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $226.0 million for the period ended 2015-09-30.

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27 July 2015quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $19.0 million for the period ended 2015-06-30.

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23 July 2015quarterly activities report▼ Bad

PATTERSON UTI ENERGY INC reported a quarterly net loss of $19.0 million for the period ended 2015-06-30.

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