| Patterson-UTI Energy, Inc., through its subsidiaries, 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. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas. |
| Insider Trading |
Relationship |
Date |
Transaction |
Cost |
#Shares |
Value ($) |
#Shares Total |
SEC Form 4 |
| Holcomb James Michael | President-Drilling Subsidiary | Nov 04 | Sale | 18.65 | 58,335 | 1,087,948 | 273,108 | Nov 07 07:14 PM | | Holcomb James Michael | President-Drilling Subsidiary | Oct 26 | Sale | 16.01 | 16,666 | 266,823 | 331,443 | Oct 28 04:46 PM | | Holcomb James Michael | President-Drilling Subsidiary | Aug 23 | Sale | 16.00 | 8,333 | 133,328 | 348,109 | Aug 25 04:14 PM | | Holcomb James Michael | President-Drilling Subsidiary | Jul 29 | Sale | 16.31 | 8,333 | 135,911 | 356,442 | Aug 02 04:19 PM | | Hendricks William Andrew JR | President & CEO | Jul 11 | Sale | 13.76 | 100,000 | 1,376,000 | 1,801,374 | Jul 13 05:54 PM | | Holcomb James Michael | President-Drilling Subsidiary | Jun 13 | Sale | 17.45 | 8,333 | 145,411 | 364,775 | Jun 14 04:48 PM | | Hendricks William Andrew JR | President & CEO | Jun 10 | Sale | 18.07 | 200,000 | 3,614,736 | 1,901,374 | Jun 14 04:45 PM | | BERNS KENNETH N | Executive Vice President | May 26 | Sale | 18.90 | 75,000 | 1,417,500 | 686,732 | May 27 04:54 PM | | BERNS KENNETH N | Executive Vice President | May 25 | Sale | 17.89 | 75,000 | 1,341,750 | 761,732 | May 27 04:54 PM | | BERNS KENNETH N | Executive Vice President | May 25 | Sale | 17.89 | 12,000 | 214,680 | 34,000 | May 27 04:54 PM | | Wexler Seth David | SVP/General Counsel/Secretary | May 17 | Sale | 16.45 | 24,449 | 402,186 | 248,968 | May 18 04:09 PM | | Hendricks William Andrew JR | President & CEO | May 16 | Sale | 15.78 | 100,000 | 1,578,000 | 2,101,374 | May 18 04:11 PM | | Wexler Seth David | SVP/General Counsel/Secretary | May 16 | Sale | 15.70 | 50,000 | 785,000 | 273,417 | May 18 04:09 PM | | Hendricks William Andrew JR | President & CEO | May 10 | Sale | 14.37 | 100,000 | 1,437,094 | 2,201,374 | May 12 09:18 PM | | Wexler Seth David | SVP/General Counsel/Secretary | May 04 | Sale | 17.00 | 60,000 | 1,020,000 | 323,417 | May 04 04:33 PM | | Holcomb James Michael | President-Drilling Subsidiary | May 03 | Sale | 16.53 | 100,000 | 1,653,000 | 373,108 | May 04 04:28 PM | | BERNS KENNETH N | Executive Vice President | May 03 | Sale | 16.95 | 75,000 | 1,271,250 | 836,732 | May 04 04:22 PM | | BERNS KENNETH N | Executive Vice President | May 03 | Sale | 16.89 | 12,000 | 202,680 | 46,000 | May 04 04:22 PM | | BERNS KENNETH N | Executive Vice President | May 02 | Sale | 16.10 | 150,000 | 2,415,000 | 911,732 | May 04 04:22 PM | | BERNS KENNETH N | Executive Vice President | May 02 | Sale | 16.43 | 12,000 | 197,160 | 58,000 | May 04 04:22 PM | | BERNS KENNETH N | Executive Vice President | Apr 22 | Option Exercise | 16.20 | 160,000 | 2,592,000 | 1,111,979 | Apr 26 07:55 PM | | Smith Charles Andrew | EVP & Chief Financial Officer | Apr 14 | Sale | 17.67 | 17,213 | 304,154 | 249,803 | Apr 14 07:44 PM | | Smith Charles Andrew | EVP & Chief Financial Officer | Apr 13 | Sale | 17.36 | 20,350 | 353,276 | 267,016 | Apr 14 07:44 PM | | Smith Charles Andrew | EVP & Chief Financial Officer | Apr 12 | Sale | 16.95 | 37,119 | 629,167 | 287,366 | Apr 14 07:44 PM | | Smith Charles Andrew | EVP & Chief Financial Officer | Apr 04 | Sale | 16.55 | 318 | 5,263 | 339,336 | Apr 06 06:01 PM |
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