Recent events
Recent events tied to this brand in public sources.
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2021
Patterson-UTI completes sale of well service rig and wireline businesses
Patterson-UTI sold its well service rig and wireline businesses to Clearwell Dynamics, with the transaction completed on December 31, 2021, for $43 million in cash consideration, subject to customary purchase price adjustments.
2019
Patterson-UTI reports third-quarter 2019 results
Patterson-UTI reported financial results for the third quarter and first nine months of 2019. It reported a third-quarter net loss of $262 million and revenue of $598 million.