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
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Patterson-UTI Energy Inc to Acquire Ulterra Drilling Technologies Transcript

Jul 05, 2023 / 12:30PM GMT
Release Date Price: $12.2 (-0.97%)
Operator

Good morning. My name is Rob, and I'll be your conference operator today. At this time, I would like to welcome everyone to the Patterson-UTI Energy Conference Call to discuss the agreement to acquire Ulterra Drilling Technologies. (Operator Instructions) Mike Drickamer, Vice President, Investor Relations. You may begin your conference.

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

Thank you, Rob. Good morning. And on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss the acquisition of Ulterra Drilling Technologies. Participating in today's call will be Andy Hendricks, Chief Executive Officer; Andy Smith, Chief Financial Officer; and Mike Holcomb, Chief Operating Officer. Our remarks that follow, including answers to your questions, contain statements that we believe to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act.

These forward-looking statements are subject to risks and uncertainties that could cause actual results to materially differ

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