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

Q3 2023 Patterson-UTI Energy Inc Earnings Call Transcript

Nov 08, 2023 / 03:00PM GMT
Release Date Price: $12.21 (+3.83%)
Operator

Good morning. My name is Audra, and I will be your conference operator today. At this time, I would like to welcome everyone to the Patterson-UTI Energy Third Quarter 2023 Earnings Conference Call.

Today's conference is being recorded. (Operator Instructions) At this time, I would like to turn the conference over to Mike Sabella, Vice President of Investor Relations. Please go ahead.

Michael Sabella

Thank you, Audra. Good morning, and welcome to Patterson-UTI's earnings conference call to discuss our third quarter 2023 results.

With me today are Andy Hendricks, President and Chief Executive Officer; Andy Smith, Chief Financial Officer; Mike Holcomb, Chief Business Officer; and Matt Gillard, President of NexTier Completion Solutions.

As a reminder, statements that are made in this conference call that refer to the company's or management's plans, intentions, targets, beliefs, expectations or predictions of the future are considered forward-looking statements. These forward-looking statements are subject to risks and uncertainties as

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