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 at JPMorgan Energy, Power, & Renewables Conference Transcript

Jun 22, 2023 / 05:10PM GMT
Release Date Price: $11.51 (-2.54%)
Arun Jayaram
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Okay. Great. We're going to keep things moving. I think this is probably one of the most eagerly anticipated sessions of the entire 2 days in my coverage. The reason being is rarely do you see a transformative kind of M&A transaction that kind of coincides with your conference. So very excited.

William Andrew Hendricks
Patterson-UTI Energy, Inc. - President, CEO & Director

We tried to line that up for you.

Arun Jayaram
JPMorgan Chase & Co, Research Division - Senior Equity Research Analyst

Although I admit, I was doing a full day of marketing in Canada. And when I saw that Wall Street Journal leak, I was like, "Oh, man, I had to work tonight", but anyways, sure that added a little bit of intrigue to the deal teams. With that, super excited to have the CEOs of both Patterson-UTI and NexTier to join us today, just literally a few days after announcing a transformative deal where they're pairing. Patterson, which had

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