Patterson-UTI Energy, Inc. (NASDAQ: PTEN) last week announced its financial results for the quarter and six months ending June 30, 2021. The company reported a net loss of $0.55 per share ($103 million) in the second quarter of the year, compared to a net loss of $0.81 per share ($150 […]
Tag: Patterson-UTI Energy Inc. (NASDAQ: PTEN)
Patterson-UTI Energy Inc. (NASDAQ: PTEN) Enters Agreement To Acquire Pioneer Energy Services For $295 Million.
Patterson-UTI Energy Inc. (NASDAQ: PTEN) has announced an acquisition agreement to buy Pioneer Energy Services Corp for a consideration of $295 million. As part of the acquisition, the company will retire all of Pioneer Energy’s debt. Patterson-UTI to acquire Pioneer Energy Services The purchase price includes the issuing of up […]