Patterson-UTI Energy Inc. filings document operating results, financing arrangements, governance matters, and capital-structure disclosures for an oilfield services company focused on drilling and well completion markets. Form 8-K reports include quarterly results, dividend disclosures, material agreements, credit agreement amendments, and direct financial obligations tied to revolving credit commitments.
Proxy materials describe annual meeting proposals, board matters, executive compensation, equity awards, and shareholder voting procedures. Other filings record director changes and related governance disclosures, alongside formal exhibits such as press releases, credit agreement amendments, and other material-event documentation.
PATTERSON UTI ENERGY INC director Jaime Cesar sold Common Stock in an open-market transaction. On May 5, 2026, Cesar sold 10,000 shares of Patterson-UTI Energy common stock at an average price of $12.29 per share. After this sale, Cesar directly holds 77,462 shares of the company’s common stock.
PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. reported a tax-related share disposition. On May 5, 2026, 31,677 shares of Common Stock were withheld at $12.29 per share to cover applicable taxes on Restricted Stock Units that converted into Common Stock. Following this withholding, he directly holds 2,791,426 shares.
PATTERSON-UTI ENERGY INC Executive Vice President Kenneth N. Berns reported an insider transaction involving company Common Stock. On May 5, 2026, he disposed of 12,680 shares at $12.29 per share to pay applicable withholding taxes on Restricted Stock Units that converted into Common Stock.
After this tax-withholding disposition, Berns directly holds 1,056,083 shares of Common Stock. In addition, 34,000 shares are held indirectly through trust(s) for which he serves as trustee.
Patterson-UTI Energy executive James Michael Holcomb reported a routine tax-related share disposition. On May 5, 2026, 9,741 shares of Common Stock were disposed at $12.29 per share to satisfy withholding taxes on Restricted Stock Units that converted into Common Stock. After this tax-withholding transaction, he directly holds 583,918 Patterson-UTI Energy shares, indicating he retained a substantial equity position.
Patterson-UTI Energy’s EVP and Chief Financial Officer, Charles Andrew Smith, reported a routine compensation-related share disposition. On May 5, 2026, 11,943 shares of common stock were surrendered at $12.29 per share to cover withholding taxes on Restricted Stock Units that converted into common stock. After this tax-withholding transaction, he directly holds 726,455 shares of Patterson-UTI Energy common stock.
PATTERSON UTI ENERGY INC executive reports tax-related share disposition. EVP and General Counsel Seth David Wexler had 8,185 shares of Common Stock disposed at $12.29 per share on May 5, 2026 to cover withholding taxes on Restricted Stock Units that converted into Common Stock.
After this tax-withholding transaction, Wexler directly holds 534,945 shares of Patterson-UTI Energy common stock. The event reflects a compensation-related tax payment rather than an open-market sale.
Patterson-UTI Energy, Inc. is offering $500,000,000 aggregate principal amount of 6.050% Senior Notes due May 15, 2036. The Notes pay interest semi-annually on May 15 and November 15, commencing November 15, 2026, and are unsecured senior obligations that are not initially guaranteed by subsidiaries.
The public offering price is 99.853% (gross proceeds $499,265,000), with underwriter discount 0.650% ($3,250,000) and estimated net proceeds of approximately $494.2 million, which the company expects to use to redeem its 3.95% Senior Notes due 2028 and for general corporate purposes.
Patterson-UTI Energy, Inc. entered into an underwriting agreement to sell $500 million of 6.050% Senior Notes due 2036. The company plans to use the net proceeds, together with cash on hand and borrowings under its revolving credit facility, to redeem approximately $482.5 million of its 3.95% Senior Notes due 2028 and for general corporate purposes.
The sale of the new notes is expected to close on May 19, 2026, subject to customary closing conditions. On May 5, 2026, the company issued a conditional notice to redeem all outstanding 2028 notes, with its obligation to fund the redemption conditioned on completing a senior debt offering on or before June 4, 2026.
Patterson-UTI Energy, Inc. is offering senior notes due 2036 under a preliminary prospectus supplement dated May 5, 2026 (terms such as aggregate principal amount and interest rate are not filled in on the excerpt). The offering is subject to completion and will be issued under Patterson-UTI’s existing indenture. The company states it expects to use net proceeds to redeem its outstanding 3.95% Senior Notes due 2028 (approximately $482.5 million outstanding as of March 31, 2026), subject to completion of this offering on or before June 4, 2026. Recent financing updates include an amendment to the Credit Agreement that extends $450 million of revolving commitments to January 31, 2031 and assigns $25 million of commitments from HSBC to JPMorgan. As of March 31, 2026, Patterson-UTI reported $2.8 million in letters of credit outstanding and approximately $497 million of available borrowing capacity under the Credit Agreement. The Notes will be unsecured senior obligations, initially unguaranteed by subsidiaries, issued in book-entry form and not listed on an exchange.