Patterson-UTI Energy Inc (NAS:PTEN)
$ 8.46 0.12 (1.44%) Market Cap: 3.30 Bil Enterprise Value: 4.50 Bil PE Ratio: 0 PB Ratio: 0.93 GF Score: 52/100

Q3 2020 Patterson-UTI Energy Inc Earnings Call Transcript

Oct 22, 2020 / 02:00PM GMT
Release Date Price: $2.81 (+7.66%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the Patterson-UTI Energy Third Quarter 2020 Earnings Conference Call.

(Operator Instructions)

Please be advised that today's conference is being recorded.

(Operator Instructions)

I would now like to turn the call over to Mike Drickamer, Vice President, Investor Relations. Please go ahead.

James Michael Drickamer
Patterson-UTI Energy, Inc. - VP of IR

Thank you, Denise. Good morning. And on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss the results of the 3 and 9 months ended September 30, 2020. Participating in today's call will be Andy Hendricks, Chief Executive Officer; and Andy Smith, Chief Financial Officer.

A quick reminder that statements made in this conference call that state the company's or management's plans, intentions, beliefs, expectations or predictions for the future are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, the

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