Patterson-UTI Reports Drilling Activity for July 2012

Loading...
Loading...
PATTERSON-UTI ENERGY, INC.
PTEN
today reported that for the month of July 2012, the Company had an average of 224 drilling rigs operating, including 219 rigs in the United States and 5 rigs in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. 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.
Market News and Data brought to you by Benzinga APIs
Posted In: NewsCommoditiesEventsMarkets
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...