Patterson-UTI Reports Drilling Activity for February 2025
Patterson-UTI Energy (NASDAQ:PTEN) has released its drilling activity report for February 2025. The company maintained an average of 107 drilling rigs operating in the United States during February, consistent with the two-month average ending February 28, 2025.
The company emphasizes that while they provide monthly updates on operational rig count, this metric alone may not fully indicate financial performance trends, as multiple factors influence their operating results.
Patterson-UTI Energy (NASDAQ:PTEN) ha pubblicato il suo rapporto sulle attività di perforazione per febbraio 2025. L'azienda ha mantenuto una media di 107 impianti di perforazione attivi negli Stati Uniti durante febbraio, in linea con la media dei due mesi che termina il 28 febbraio 2025.
L'azienda sottolinea che, sebbene fornisca aggiornamenti mensili sul numero di impianti operativi, questo dato da solo potrebbe non indicare completamente le tendenze delle performance finanziarie, poiché diversi fattori influenzano i risultati operativi.
Patterson-UTI Energy (NASDAQ:PTEN) ha publicado su informe de actividad de perforación para febrero de 2025. La compañía mantuvo un promedio de 107 equipos de perforación en operación en los Estados Unidos durante febrero, consistente con el promedio de dos meses que termina el 28 de febrero de 2025.
La compañía enfatiza que, aunque proporciona actualizaciones mensuales sobre el conteo de equipos operativos, esta métrica por sí sola puede no indicar completamente las tendencias del rendimiento financiero, ya que múltiples factores influyen en sus resultados operativos.
Patterson-UTI Energy (NASDAQ:PTEN)는 2025년 2월의 시추 활동 보고서를 발표했습니다. 이 회사는 2월 동안 미국에서 107개의 시추 장비가 운영 중이라는 평균을 유지했으며, 이는 2025년 2월 28일로 끝나는 2개월 평균과 일치합니다.
회사는 운영 장비 수에 대한 월간 업데이트를 제공하지만, 이 지표만으로는 재무 성과 추세를 완전히 나타내지 않을 수 있으며, 여러 요인이 운영 결과에 영향을 미친다고 강조합니다.
Patterson-UTI Energy (NASDAQ:PTEN) a publié son rapport sur l'activité de forage pour février 2025. L'entreprise a maintenu une moyenne de 107 foreuses en opération aux États-Unis durant le mois de février, ce qui est conforme à la moyenne sur deux mois se terminant le 28 février 2025.
L'entreprise souligne que, bien qu'elle fournisse des mises à jour mensuelles sur le nombre de foreuses opérationnelles, cette métrique à elle seule peut ne pas indiquer pleinement les tendances de performance financière, car plusieurs facteurs influencent leurs résultats opérationnels.
Patterson-UTI Energy (NASDAQ:PTEN) hat seinen Bericht über die Bohraktivitäten für Februar 2025 veröffentlicht. Das Unternehmen hielt im Februar eine durchschnittliche Anzahl von 107 aktiven Bohranlagen in den Vereinigten Staaten aufrecht, was mit dem zweimonatigen Durchschnitt bis zum 28. Februar 2025 übereinstimmt.
Das Unternehmen betont, dass, obwohl es monatliche Updates zur Anzahl der operativen Bohranlagen bereitstellt, diese Kennzahl allein möglicherweise nicht vollständig die Trends der finanziellen Leistung anzeigt, da mehrere Faktoren die Betriebsergebnisse beeinflussen.
- Stable rig count maintained at 107 units
- None.
HOUSTON, TEXAS / ACCESS Newswire / March 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States. For the two months ended February 28, 2025, the Company had an average of 107 drilling rigs operating in the United States.
Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
About Patterson-UTI
Patterson-UTI is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States, and specialized drill bit solutions in the United States, Middle East and many other regions around the world. For more information, visit www.patenergy.com.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect Patterson-UTI's current beliefs, expectations or intentions regarding future events. Words such as "anticipate," "believe," "budgeted," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "potential," "project," "pursue," "should," "strategy," "target," or "will," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Patterson-UTI's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond Patterson-UTI's control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: adverse oil and natural gas industry conditions; global economic conditions, including inflationary pressures and risks of economic downturns or recessions in the United States and elsewhere; volatility in customer spending and in oil and natural gas prices that could adversely affect demand for Patterson-UTI's services and their associated effect on rates; excess availability of land drilling rigs, pressure pumping and directional drilling equipment, including as a result of reactivation, improvement or construction; competition and demand for Patterson-UTI's services; the impact of the ongoing conflict in Ukraine; strength and financial resources of competitors; utilization, margins and planned capital expenditures; liabilities from operational risks for which Patterson-UTI does not have and receive full indemnification or insurance; operating hazards attendant to the oil and natural gas business; failure by customers to pay or satisfy their contractual obligations (particularly with respect to fixed-term contracts); the ability to realize backlog; specialization of methods, equipment and services and new technologies, including the ability to develop and obtain satisfactory returns from new technology; the ability to retain management and field personnel; loss of key customers; shortages, delays in delivery, and interruptions in supply, of equipment and materials; cybersecurity events; synergies, costs and financial and operating impacts of acquisitions; difficulty in building and deploying new equipment; governmental regulation; climate legislation, regulation and other related risks; environmental, social and governance practices, including the perception thereof; environmental risks and ability to satisfy future environmental costs; technology-related disputes; legal proceedings and actions by governmental or other regulatory agencies; the ability to effectively identify and enter new markets; public health crises, pandemics and epidemics; weather; operating costs; expansion and development trends of the oil and natural gas industry; ability to obtain insurance coverage on commercially reasonable terms; financial flexibility; interest rate volatility; adverse credit and equity market conditions; availability of capital and the ability to repay indebtedness when due; our return of capital to stockholders; stock price volatility; and compliance with covenants under Patterson-UTI's debt agreements.
Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in Patterson-UTI's SEC filings. Patterson-UTI's filings may be obtained by contacting Patterson-UTI or the SEC or through Patterson-UTI's website at http://www.patenergy.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at http://www.sec.gov. Patterson-UTI undertakes no obligation to publicly update or revise any forward-looking statement.
Contact:
Michael Sabella
Vice President, Investor Relations
(281) 885-7589
SOURCE: Patterson-UTI Energy
View the original press release on ACCESS Newswire
FAQ
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