Patterson-UTI Energy Inc
Market Cap
4.5B
Short interest (May 15)
3.8%
Net Short (Jun 03 ): 0.2%
Borrow Fee
0.40%
↑ 21.5%
Available Shares
10M
↓ 15.2%
Price Chart
Company Overview
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
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