Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President and Chief Executive Officer Andrew Smith - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Rollyson - Raymond James Waqar Syed - ATB Capital Markets Keith Mackey - RBC Capital Markets Sareeb Pant - Bank of America Eddie Kim - Barclays Kirk Hallead - Benchmark Jeff ...

Patterson-UTI (PTEN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.19 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this provider of onshore contract drilling services would post earnings of $0.01 per share when it actually produced break-even earnings, delivering a surprise of -100%.Over the ...

Contact: Michael Sabella Vice President, Investor Relations (281) 885-7589 Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2024 HOUSTON, Texas – February 5, 2025 – PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the quarter ended December 31, 2024. Fourth Quarter 2024 Financial Results Other Key Items Management Commentary "We are proud of our success during 2024 in leveraging our differentiated operating footprint to deliver high-end drilling ...

A month has gone by since the last earnings report for Patterson-UTI (PTEN) . Shares have added about 4.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Patterson-UTI due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Patterson-UTI Q3 Earnings Miss, Sales BeatPatters ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ Form 10-Q ______________________ þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-39270 ______________________ Patterson-UTI Energy, Inc. (Exact name of registrant as specif ...

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q3 2024 Earnings Call October 24, 2024 10:00 AM ET Company Participants Michael Sabella - Investor Relations Andy Hendricks - President and Chief Executive Officer Andy Smith - Chief Financial Officer Conference Call Participants Scott Gruber - Citigroup Stephen Gengaro - Stifel Keith MacKey - RBC Capital Markets Ati Modak - Goldman Sachs Arun Jayaram - JPMorgan Waqar Syed - ATB Connor Jensen - Raymond James Saurabh Pant - Bank of America Kurt Hallead - Benchmark Com ...

Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -100%. A quarter ago, it was expected that this provider of onshore contract drilling services would post earnings of $0.09 per share when it actually produced earnings of $0.05, delivering a surprise of -44.44%.Over the last four ...

Exhibit 99.1 Contact: Michael Sabella Vice President, Investor Relations (281) 885-7589 Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2024 HOUSTON, Texas – October 23, 2024 – PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the quarter ended September 30, 2024. Third Quarter 2024 Financial Results • Total revenue of $1.4 billion • Net loss attributable to common stockholders of $979 million, or $2.50 per share ◦ Includes an $885 million good ...

A month has gone by since the last earnings report for Patterson-UTI (PTEN) . Shares have lost about 13.6% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Patterson-UTI due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Patterson-UTI Q2 Earnings & Sales Miss Patte ...

Patterson-UTI Energy, Inc. (PTEN) reported second-quarter 2024 adjusted net profit of 3 cents per share, down from the prior-year quarter's level of 40 cents. This year-over-year deterioration was mainly due to poor contribution from the Drilling Services segment. Drilling Services: Revenues in this segment totaled $440.3 million, down 10.1% from the prior-year quarter's figure of $489.7 million. Additionally, the top line was also below our projection of $441.5 million. Operating profit amounted to $0.4 mi ...