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PTEN| Name | Value |
|---|---|
| Revenues | 1,357.2M |
| Cost of Revenue | 1,386.6M |
| Gross Profit | -29.4M |
| Operating Expense | 961.3M |
| Operating I/L | -990.6M |
| Other Income/Expense | -18.0M |
| Interest Income | 0.7M |
| Pretax | -1,008.6M |
| Income Tax Expense | -30.3M |
| Net Income/Loss | -978.8M |
Patterson-UTI Energy, Inc. provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. The Pressure Pumping Services segment offers pressure pumping services including well stimulation, hydraulic fracturing, cementing, and acid pumping services. The Directional Drilling Services segment provides directional drilling and measurement-while-drilling services, as well as downhole performance motors and software to enhance wellbore accuracy and quality.
