Patterson-UTI Energy Inc (NAS:PTEN)
$ 7.68 0.16 (2.13%) Market Cap: 2.99 Bil Enterprise Value: 4.20 Bil PE Ratio: 0 PB Ratio: 0.84 GF Score: 55/100

Q1 2023 Patterson-UTI Energy Inc Earnings Call Transcript

Apr 27, 2023 / 02:00PM GMT
Release Date Price: $11.36 (-2.49%)
Operator

Thank you for standing by. At this time, I would like to welcome everyone to the Patterson-UTI Energy First Quarter 2023 Earnings Conference Call. (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, Cheryl. Good morning. And on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss results for the 3 months ended March 31, 2023. Participating in today's call will be Andy Hendricks, Chief Executive Officer; and Andy Smith, Chief Financial Officer.

A quick reminder as statements made in this conference call that state the company's or management's plans, intentions, targets, beliefs, expectations or predictions for the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties as disclosed in company's SEC filings, which could cause the company's actual results to differ materially.

The company undertakes no obligation to

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