Patterson-UTI Energy Inc (NAS:PTEN)
$ 8.4 -0.06 (-0.71%) Market Cap: 3.28 Bil Enterprise Value: 4.47 Bil PE Ratio: 0 PB Ratio: 0.92 GF Score: 52/100
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Patterson-UTI Energy Inc at JPMorgan Energy, Power & Renewables Conference Transcript

Jun 23, 2022 / 05:35PM GMT
Release Date Price: $14.55 (-6.49%)
Arun Jayaram
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Good afternoon. We're going to keep things moving. Again, Arun Jayaram from JPMorgan's oilfield services and E&P research team. Excited to have Patterson-UTI to present today. Patterson is one of the largest global land drillers with a focus on the North American market. I'm delighted to have CEO, Andy Hendricks here for a fireside chat. Before beginning our discussion this afternoon, Andy, I thought I'd turn it over to you to maybe provide some general thoughts on the company. I have a lot of journalists in the audience this week. And so maybe you could give a sense of the company and the asset base and just your overall business model.

William Andrew Hendricks
Patterson-UTI Energy, Inc. - President, CEO & Director

Sure. Thanks. It's good to be here. This is a good conference this week. This is a really good turnout. And I am bullish and I am upbeat on what's happening in contract drilling and oilfield services. So I'll start with that. So Patterson-UTI is 1 of

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