PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) Files An 8-K Results of Operations and Financial Condition
Item2.02
|
Results of Operations and Financial Condition. |
On January23, 2017, Patterson-UTI Energy, Inc.
(the Company) issued a press release reporting preliminary fourth
quarter 2016 results (the Press Release). The Press Release is
furnished as Exhibit 99.1 to this Current Report on Form 8-K and
is incorporated herein by reference.
The preliminary
fourth quarter 2016 results in the Press Release have been
prepared by, and are the responsibility of, management.
PricewaterhouseCoopers LLP has not audited, reviewed, compiled or
performed any procedures with respect to the preliminary fourth
quarter 2016 results in the Press Release. Accordingly,
PricewaterhouseCoopers LLP does not express an opinion or any
other form of assurance with respect thereto.
The information in
Item 2.02 of this Current Report on Form 8-K and the Press
Release shall not be deemed filed for purposes of Section18 of
the Securities Exchange Act of 1934, as amended (the Exchange
Act), or otherwise subject to the liabilities of that section,
nor shall they be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange
Act, except as expressly set forth by specific reference in such
a filing.
| Item8.01 | Other Events. |
To the extent
required, the information included in Item 2.02 of this Current
Report on Form 8-K is incorporated into this Item8.01.
| Item9.01 | Financial Statements and Exhibits. |
(d)
Exhibits.
|
Exhibit No. |
DescriptionofExhibit |
|
| 99.1 |
Press Release of Patterson-UTI Energy, Inc. dated January23, 2017. |
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About PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment in the United States. The Company operates in three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Company provides contract drilling services to oil and natural gas operators in the continental United States, and western and northern Canada. The Company provides pressure-pumping services to oil and natural gas operators. The Company also invests in oil and natural gas properties. The Company’s Contract Drilling segment markets its contract drilling services to oil and natural gas operators. The Company’s Pressure Pumping segment provides pressure-pumping services to oil and natural gas operators in Texas and the Appalachian region. The Company’s oil and natural gas working interests are located in producing regions of Texas and New Mexico. Pressure pumping services consist of well stimulation, such as hydraulic fracturing. PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) Recent Trading Information
PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) closed its last trading session up +1.45 at 28.45 with 5,462,042 shares trading hands.
