Patterson-UTI Reports Drilling Activity for April 2025
Patterson-UTI Energy (NASDAQ:PTEN) has reported its drilling activity for April 2025, maintaining an average of 108 drilling rigs operating in the United States. The company emphasizes that this metric represents only the average number of drilling rigs actively earning revenue under drilling contracts. While PTEN will continue providing monthly updates on operational rigs, they caution that multiple factors beyond rig count influence their financial performance, and rig count trends may not directly correlate with the company's financial results.
Patterson-UTI Energy (NASDAQ:PTEN) ha comunicato la sua attività di perforazione per aprile 2025, mantenendo una media di 108 impianti di perforazione operativi negli Stati Uniti. L'azienda sottolinea che questo dato rappresenta solo la media degli impianti attivamente impegnati a generare ricavi tramite contratti di perforazione. Sebbene PTEN continuerà a fornire aggiornamenti mensili sugli impianti operativi, avverte che diversi fattori oltre al numero di impianti influenzano le prestazioni finanziarie, e che le tendenze del conteggio degli impianti potrebbero non riflettersi direttamente nei risultati economici dell'azienda.
Patterson-UTI Energy (NASDAQ:PTEN) ha informado sobre su actividad de perforación en abril de 2025, manteniendo un promedio de 108 plataformas de perforación operando en los Estados Unidos. La compañía destaca que esta cifra representa únicamente el promedio de plataformas activamente generando ingresos bajo contratos de perforación. Aunque PTEN seguirá proporcionando actualizaciones mensuales sobre las plataformas operativas, advierte que múltiples factores más allá del conteo de plataformas influyen en su desempeño financiero, y que las tendencias en el número de plataformas pueden no correlacionarse directamente con los resultados económicos de la empresa.
Patterson-UTI Energy (NASDAQ:PTEN)는 2025년 4월 시추 활동을 보고하며 미국 내에서 108대의 시추 장비가 운영 중임을 유지했다고 밝혔습니다. 회사는 이 수치가 시추 계약에 따라 수익을 창출하는 시추 장비의 평균 가동 대수만을 나타낸다고 강조합니다. PTEN은 앞으로도 매월 운영 중인 장비 현황을 업데이트할 예정이지만, 장비 수 이외에도 다양한 요인이 재무 성과에 영향을 미치며, 장비 수 추세가 회사의 재무 결과와 직접적으로 연관되지 않을 수 있음을 경고합니다.
Patterson-UTI Energy (NASDAQ:PTEN) a communiqué son activité de forage pour avril 2025, maintenant une moyenne de 108 plateformes de forage en opération aux États-Unis. L'entreprise précise que ce chiffre représente uniquement la moyenne des plateformes générant activement des revenus dans le cadre de contrats de forage. Bien que PTEN continue de fournir des mises à jour mensuelles sur les plateformes opérationnelles, elle avertit que plusieurs facteurs au-delà du nombre de plateformes influencent ses performances financières, et que les tendances du nombre de plateformes ne se traduisent pas nécessairement directement dans les résultats financiers de la société.
Patterson-UTI Energy (NASDAQ:PTEN) hat seine Bohraktivitäten für April 2025 gemeldet und hält einen Durchschnitt von 108 aktiven Bohranlagen in den Vereinigten Staaten aufrecht. Das Unternehmen betont, dass diese Kennzahl lediglich den Durchschnitt der Bohranlagen darstellt, die aktiv Einnahmen durch Bohrverträge erzielen. Während PTEN weiterhin monatliche Updates zu den operativen Anlagen bereitstellen wird, weist es darauf hin, dass mehrere Faktoren über die Anzahl der Anlagen hinaus die finanzielle Leistung beeinflussen und Trends bei der Anlagenanzahl nicht zwangsläufig direkt mit den finanziellen Ergebnissen des Unternehmens korrelieren.
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HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in the United States.
Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
About Patterson-UTI
Patterson-UTI is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States, and specialized drill bit solutions in the United States, Middle East and many other regions around the world. For more information, visit www.patenergy.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect Patterson-UTI's current beliefs, expectations or intentions regarding future events. Words such as "anticipate," "believe," "budgeted," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "potential," "project," "pursue," "should," "strategy," "target," or "will," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Patterson-UTI's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond Patterson-UTI's control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: adverse oil and natural gas industry conditions; global economic conditions, including inflationary pressures and risks of economic downturns or recessions in the United States and elsewhere; volatility in customer spending and in oil and natural gas prices that could adversely affect demand for Patterson-UTI's services and their associated effect on rates; excess availability of land drilling rigs, pressure pumping and directional drilling equipment, including as a result of reactivation, improvement or construction; competition and demand for Patterson-UTI's services; the impact of the ongoing conflict in Ukraine; strength and financial resources of competitors; utilization, margins and planned capital expenditures; liabilities from operational risks for which Patterson-UTI does not have and receive full indemnification or insurance; operating hazards attendant to the oil and natural gas business; failure by customers to pay or satisfy their contractual obligations (particularly with respect to fixed-term contracts); the ability to realize backlog; specialization of methods, equipment and services and new technologies, including the ability to develop and obtain satisfactory returns from new technology; the ability to retain management and field personnel; loss of key customers; shortages, delays in delivery, and interruptions in supply, of equipment and materials; cybersecurity events; synergies, costs and financial and operating impacts of acquisitions; difficulty in building and deploying new equipment; governmental regulation; climate legislation, regulation and other related risks; environmental, social and governance practices, including the perception thereof; environmental risks and ability to satisfy future environmental costs; technology-related disputes; legal proceedings and actions by governmental or other regulatory agencies; the ability to effectively identify and enter new markets; public health crises, pandemics and epidemics; weather; operating costs; expansion and development trends of the oil and natural gas industry; ability to obtain insurance coverage on commercially reasonable terms; financial flexibility; interest rate volatility; adverse credit and equity market conditions; availability of capital and the ability to repay indebtedness when due; our return of capital to stockholders; stock price volatility; and compliance with covenants under Patterson-UTI's debt agreements.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in Patterson-UTI's SEC filings. Patterson-UTI's filings may be obtained by contacting Patterson-UTI or the SEC or through Patterson-UTI's website at http://www.patenergy.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at http://www.sec.gov. Patterson-UTI undertakes no obligation to publicly update or revise any forward-looking statement.
CONTACT:
Michael Sabella
Vice President, Investor Relations
(281) 885-7589
SOURCE: Patterson-UTI Energy
View the original press release on ACCESS Newswire
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