PTEN

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is a Houston-based oilfield services company founded in 1978 that has grown to become one of North America's largest providers of onshore drilling and completion services. The company went public in 1993 and has expanded through strategic acquisitions, most notably completing major mergers with NexTier and Ulterra in 2023 to create an integrated drilling and completion services platform. Today, Patterson-UTI operates one of the largest fleets of land-based drilling rigs in the United States and provides comprehensive oilfield services to oil and natural gas operators across major North American energy basins.