Patterson-UTI reported that for the month of September 2023, the company had an average of 117 drilling rigs operating in the United States. For the three months ended September 30, 2023, the company had an average of 119 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 U.S.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on PTEN:
- Patterson-UTI, Noble among Benchmark’s ‘Best Ideas’ in oil services
- Patterson-UTI reports average of 117 drilling rigs in U.S. operation in August
- Patterson-UTI comments suggest better outlook for drilling, says Susquehanna
- Patterson-UTI files automatic mixed securities shelf
- Patterson-UTI initiated with a Buy at Stifel