Patterson-UTI Energy Inc (NAS:PTEN)
$ 7.785 -0.19 (-2.38%) Market Cap: 3.04 Bil Enterprise Value: 4.24 Bil PE Ratio: 0 PB Ratio: 0.86 GF Score: 52/100

Patterson-UTI Energy Inc to Discuss Agreement to Acquire Pioneer Energy Services Corp Call Transcript

Jul 06, 2021 / 01:00PM GMT
Release Date Price: $9.28 (-8.48%)
Operator

Good day, and thank you for standing by. Welcome to the Patterson-UTI conference call to discuss the agreement to acquire Pioneer Energy Services. (Operator Instructions)

I would now like to hand the conference over to your speaker today, Mike Drickamer, VP of Investor Relations. Please go ahead.

James Michael Drickamer
Patterson-UTI Energy, Inc. - VP of IR

Thank you, Pasha. Good morning. And on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss the company's agreement to acquire Pioneer Energy Services.

Participating in today's call will be Andy Hendricks, Chief Executive Officer; and Andy Smith, Chief Financial Officer.

A quick reminder that statements made in this call that state the company's permanent plans, intentions, beliefs, expectations or predictions for the future are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, the Securities Act of 1933 and the Securities Exchange Act of 1934. These forward-looking statements are

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