Source-grounded facts extracted from PATTERSON UTI ENERGY INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PATTERSON UTI ENERGY INC shareholders approved To cast a vote to approve, on an advisory basis, the Company’s compensation of its named executive officers as set forth in the proxy statement for the Annual Meeting. at the 2026-06-04 meeting.
“To cast a vote to approve, on an advisory basis, the Company’s compensation of its named executive officers as set forth in the proxy statement for the Annual Meeting.”
PATTERSON UTI ENERGY INC shareholders approved To approve an amendment to the Patterson-UTI Energy, Inc. 2021 Long-Term Incentive Plan. at the 2026-06-04 meeting.
“To approve an amendment to the Patterson-UTI Energy, Inc. 2021 Long-Term Incentive Plan.”
PATTERSON UTI ENERGY INC shareholders approved To ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. at the 2026-06-04 meeting.
“To ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
PATTERSON UTI ENERGY INC shareholders approved Election of ten directors to the Company's Board of Directors at the 2026-06-04 meeting.
“To elect ten directors to the Company’s Board of Directors to serve until the next annual meeting of the stockholders or until their respective successors are elected and qualified.”
PATTERSON UTI ENERGY INC entered into Third Supplemental Indenture to Base Indenture, dated as of November 15, 2019 with U.S. Bank Trust Company, National Association valued at $500 million aggregate principal amount of 6.050% Senior Notes due 2036 (effective 2026-05-19).
“On May 19, 2026, Patterson-UTI Energy, Inc. (the “Company”) completed its previously announced offering (the “Offering”) of $500 million aggregate principal amount of the Company’s 6.050% Senior Notes due 2036 (the “Notes”).”
PATTERSON UTI ENERGY INC incurred senior notes of $500 million aggregate principal amount at 6.050% per annum maturing May 15, 2036.
“On May 19, 2026, Patterson-UTI Energy, Inc. (the “Company”) completed its previously announced offering (the “Offering”) of $500 million aggregate principal amount of the Company’s 6.050% Senior Notes due 2036”
PATTERSON UTI ENERGY INC amended revolving credit of $25 million of the revolving credit commitments with HSBC Bank USA, N.A..
“assigns $25 million of the revolving credit commitments from HSBC Bank USA, N.A. to JPMorgan Chase Bank, N.A.”
PATTERSON UTI ENERGY INC amended revolving credit of $450 million of revolving credit commitments with Wells Fargo Bank, National Association maturing January 31, 2031.
“extends the maturity date for $450 million of revolving credit commitments of certain lenders under the Credit Agreement from January 31, 2030 to January 31, 2031”
PATTERSON UTI ENERGY INC amended Assignment and Amendment No. 1 to Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the letter of credit issuers and lenders party thereto (effective 2026-04-24).
“On April 24, 2026, Patterson-UTI Energy, Inc. (the “Company”) entered into the Assignment and Amendment No. 1 to Second Amended and Restated Credit Agreement (the “Amendment”), which amends the Second Amended and Restated Credit Agreement, dated as of January 31, 2025, by and among the Company, Wells Fargo Bank, National Association, as administrative agent, and the letter of credit issuers and lenders party thereto (as amended, the “Credit Agreement”).”
PATTERSON UTI ENERGY INC reported the three months ended March 31, 2026 results: revenue $1.1 billion, net income Net Loss Attributable to Common Stockholders of $25 million.
“PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the quarter ended March 31, 2026 . First Quarter 2026 Financial Results and Other Key Items • First Quarter 2026 Total Revenue of $1.1 billion • First Quarter 2026 Net Loss Attributable to Common Stockholders of $25 million”
Forrest Robinson was appointed as Chief Accounting Officer at PATTERSON UTI ENERGY INC.
“On April 3, 2025, the Board of Directors of Patterson-UTI Energy, Inc. (the “Company”) approved the appointment of Forrest Robinson, 41, to the position of Chief Accounting Officer, effective immediately.”
James M. Holcomb changed role as Executive Vice President and Chief Business Officer at PATTERSON UTI ENERGY INC.
“Pursuant to the Holcomb Agreement, Mr. Holcomb will continue in his role as Executive Vice President and Chief Business Officer of the Company until (i) December 31, 2026 (if Mr. Holcomb so elects and provides at least three months’ prior notice to the Company), or (ii) December 31, 2027 (as applicable, the “Transition Date”). From the Transition Date through September 30, 2030, Mr. Holcomb has agreed to serve as a non-executive advisor”
PATTERSON UTI ENERGY INC reported the three and twelve months ended December 31, 2023 results: revenue $1.58 billion, net income $62 million, EPS $0.15 per share.
“Total revenue of $1.58 billion • Net income attributable to common stockholders of $62 million, or $0.15 per share”
PATTERSON UTI ENERGY INC reported the three and nine months ended September 30, 2023 results: revenue Total revenue of $1.0 billion, net income Net income attributable to common stockholders of $0.1 million, or $0.00 per share, EPS $0.00 per share.
“days from Ulterra Drilling Technologies, beginning on August 14, 2023, through the end of the quarter Third Quarter 2023 Financial Results and Other Key Items • Total revenue of $1.0 billion • Net income attributable to common stockholders of $0.1 million, or $0.00 per share o Includes $70 million in merger and integration expenses, partially offset by the”
PATTERSON UTI ENERGY INC incurred senior notes of $400 million aggregate principal amount with U.S. Bank Trust Company, National Association at 7.15% per annum maturing October 1, 2033.
“On September 13, 2023, Patterson-UTI Energy, Inc. (the “Company”) completed its offering (the “Offering”) of $400 million aggregate principal amount of the Company’s 7.15% Senior Notes due 2033 (the “Notes”).”
PATTERSON UTI ENERGY INC terminated Term Loan Agreement with Wells Fargo Bank, National Association (effective 2023-09-13).
“On September 13, 2023, following completion of the Offering, the Company delivered a notice of termination (the “Termination Notice”) to the Agent to terminate the facility under the Term Loan Agreement.”
PATTERSON UTI ENERGY INC entered into Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $400 million (effective 2023-09-13).
“On September 13, 2023, Patterson-UTI Energy, Inc. (the “Company”) completed its offering (the “Offering”) of $400 million aggregate principal amount of the Company’s 7.15% Senior Notes due 2033 (the “Notes”).”
PATTERSON UTI ENERGY INC: Filed restated certificate of incorporation that included an amendment increasing authorized shares of common stock from 400 million to 800 million (effective 2023-09-01).
“Effective September 1, 2023, the Board approved and adopted, and Patterson-UTI filed, a restated certificate of incorporation of Patterson-UTI, which merely restated and integrated, but did not further amend, the amended and restated certificate of incorporation of Patterson-UTI.”
PATTERSON UTI ENERGY INC: Filed certificate of elimination to remove Series A Junior Participating Preferred Stock from restated certificate of incorporation (effective 2023-09-01).
“On September 1, 2023, Patterson-UTI filed a certificate of elimination with respect to the Series A Junior Participating Preferred Stock with the Secretary of State of the State of Delaware.”
PATTERSON UTI ENERGY INC shareholders approved Proposal to approve an amendment of Patterson-UTI's restated certificate of incorporation to increase the number of authorized shares of Patterson-UTI Common Stock from 400 million to 800 million at the 2023-08-30 meeting.
“2. The proposal to approve an amendment of Patterson-UTI’s restated certificate of incorporation to increase the number of authorized shares of Patterson-UTI Common Stock from 400 million to 800 million: For Against Abstain Broker Non-Votes 192,355,965 1,350,012 460,103 N/A”
PATTERSON UTI ENERGY INC shareholders approved Proposal to approve the issuance of shares of Patterson-UTI Common Stock to NexTier stockholders in the Mergers contemplated by the Merger Agreement at the 2023-08-30 meeting.
“1. The proposal to approve the issuance of shares of Patterson-UTI Common Stock to NexTier stockholders in the Mergers contemplated by the Merger Agreement: For Against Abstain Broker Non-Votes 182,393,581 174,600 452,330 11,145,569”
PATTERSON UTI ENERGY INC completed an acquisition involving NexTier Oilfield Solutions Inc. for 0.7520 shares of common stock, par value $0.01 per share, of Patterson-UTI (closed 2023-09-01).
“☐ Introduction As previously disclosed, on June 14, 2023, Patterson-UTI Energy, Inc., a Delaware corporation (“ Patterson-UTI ”), entered into an Agreement and Plan of Merger (as amended, the “ Merger Agreement ”) with NexTier Oilfield Solutions Inc., a Delaware corporation (“ NexTier ”), Pecos Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Patterson-UTI (“ Merger Sub Inc.”
PATTERSON UTI ENERGY INC amended revolving credit of $600 million of revolving credit commitments with Wells Fargo Bank, National Association, as administrative agent maturing extends the maturity date for $85 million of revolving credit commitments of certain lenders under the Credit Agreement from March 27, 2025 to March 27, 2026. A.
“the maturity date for $85 million of revolving credit commitments of certain lenders under the Credit Agreement from March 27, 2025 to March 27, 2026. As a result, of the $600 million of revolving credit commitments under the Credit Agreement, the maturity date for $501.7 million of such commitments is March 27, 2026; the maturity date for $48.3 million of”
PATTERSON UTI ENERGY INC incurred term loan of up to $300 million with Wells Fargo Bank, National Association, as administrative agent and lender at Term SOFR plus 0.10%, plus an applicable margin maturing the date that is 364 days following the funding of the Facility.
“The Term Loan Agreement is a committed senior unsecured term loan facility (the “ Facility ”) that permits a single borrowing of up to $300 million, which may be drawn by Patterson-UTI on or before November 27, 2023. The maturity date under the Term Loan Agreement is the date that is 364 days following the funding of the Facility.”
PATTERSON UTI ENERGY INC amended Amendment No. 4 to Amended and Restated Credit Agreement with Wells Fargo Bank, National Association valued at extends maturity date for $85 million of revolving credit commitments from March 27, 2025 to March 2 (effective 2023-08-29).
“On August 29, 2023, Patterson-UTI entered into Amendment No. 4 to Amended and Restated Credit Agreement (the “ Amendment ”), which amends Patterson-UTI’s Amended and Restated Credit Agreement, dated as of March 27, 2018 (as amended, the “ Credit Agreement ”), by and among Patterson-UTI, as borrower, Wells Fargo Bank, National Association, as administrative agent, letter of credit issuer, swing line lender and lender and each of the other letter of credit issuers and lenders party thereto.”
PATTERSON UTI ENERGY INC entered into Term Loan Agreement with Wells Fargo Bank, National Association valued at single borrowing of up to $300 million (effective 2023-08-29).
“On August 29, 2023 (the “ Term Loan Closing Date ”), Patterson-UTI entered into a Term Loan Agreement (the “ Term Loan Agreement ”), by and among Patterson-UTI, as borrower, Wells Fargo Bank, National Association, as administrative agent and lender, and the other lenders party thereto.”
Robert W. Drummond was appointed as Vice Chairman of the Board at PATTERSON UTI ENERGY INC.
“Mr. Drummond was appointed to serve as Vice Chairman of the Board.”
James C. Stewart was appointed as Director at PATTERSON UTI ENERGY INC.
“Robert W. Drummond, Gary M. Halverson, Amy H. Nelson, Leslie A. Beyer and James C. Stewart, each a former member of the NexTier board of directors who has been appointed to the Board”
Leslie A. Beyer was appointed as Director at PATTERSON UTI ENERGY INC.
“Robert W. Drummond, Gary M. Halverson, Amy H. Nelson, Leslie A. Beyer and James C. Stewart, each a former member of the NexTier board of directors who has been appointed to the Board”
Amy H. Nelson was appointed as Director at PATTERSON UTI ENERGY INC.
“Robert W. Drummond, Gary M. Halverson, Amy H. Nelson, Leslie A. Beyer and James C. Stewart, each a former member of the NexTier board of directors who has been appointed to the Board”
Gary M. Halverson was appointed as Director at PATTERSON UTI ENERGY INC.
“Robert W. Drummond, Gary M. Halverson, Amy H. Nelson, Leslie A. Beyer and James C. Stewart, each a former member of the NexTier board of directors who has been appointed to the Board”
Robert W. Drummond was appointed as Director at PATTERSON UTI ENERGY INC.
“Robert W. Drummond, Gary M. Halverson, Amy H. Nelson, Leslie A. Beyer and James C. Stewart, each a former member of the NexTier board of directors who has been appointed to the Board”
Terry Hunt resigned as Director at PATTERSON UTI ENERGY INC.
“each of Michael W. Conlon and Terry Hunt delivered a letter effectuating his resignation as a director of Patterson-UTI and, as of the Effective Time, ceased to be a director of Patterson-UTI.”
Michael W. Conlon resigned as Director at PATTERSON UTI ENERGY INC.
“each of Michael W. Conlon and Terry Hunt delivered a letter effectuating his resignation as a director of Patterson-UTI and, as of the Effective Time, ceased to be a director of Patterson-UTI.”
PATTERSON UTI ENERGY INC completed an acquisition involving BEP Diamond Holdings Corp. (Ulterra) for 34,900,000 shares of common stock and $370,000,000 in cash (closed 2023-08-14).
“consummated in accordance with the terms and conditions of the Merger Agreement. In connection with the consummation of the Mergers, Patterson-UTI paid aggregate consideration of 34,900,000 shares of common stock, par value $0.01 per share, of Patterson-UTI (such shares, the “ Shares ”) and an amount of cash equal to $370,000,000, as adjusted for customary purchase”
PATTERSON UTI ENERGY INC amended First Amendment to the Merger Agreement with NexTier Oilfield Solutions Inc. (effective 2023-07-27).
“On July 27, 2023, Patterson-UTI and NexTier entered into the First Amendment to the Merger Agreement (the “ Amendment ”) with respect to the new voting standard under Delaware law for the Patterson-UTI charter amendment proposal.”
PATTERSON UTI ENERGY INC reported the quarter ended June 30, 2023 results: revenue $759 million, net income $84.6 million, EPS $0.40 per share. Guidance lowered.
“PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the quarter ended June 30, 2023. The Company reported net income of $84.6 million, or $0.40 per share, for the second quarter of 2023, compared to net income of $99.7 million, or $0.46 per share, for the first quarter of 2023. Revenues for the second quarter of 2023 were $759 million, compared to $792 million for the first quarter of 2023.”
PATTERSON UTI ENERGY INC entered into Agreement and Plan of Merger with BEP Diamond Holdings Corp. valued at aggregate initial consideration of 34,900,000 shares of Patterson-UTI common stock and $370,000,000 (effective 2023-07-03).
“On July 3, 2023, Patterson-UTI Energy, Inc., a Delaware corporation (“ Patterson-UTI ”), PJ Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Patterson-UTI (“ Merger Sub I ”), and PJ Second Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of Patterson-UTI (“ Merger Sub II ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with BEP Diamond Holdings Corp., a Delaware corporation (“ Ulterra ”), which indirectly owns all of the outstanding equity interests of Ulterra Drilling Technologies, L.P., and BEP Diamond Topco L.P., a Delaware limited partnership, as sole stockholder of Ulterra (the “ Stockholder ”), pursuant to which, upon the terms and subject to the conditions set forth therein, (i) Merger Sub I will merge with and into Ulterra, with Ulterra continuing as the surviving entity (the “ Surviving Corporation ”) (the “ First Company Merger ”), and (ii) immediately following the First Company Merger, the Surv”
PATTERSON UTI ENERGY INC: Added a forum selection provision requiring that internal corporate claims be brought in Delaware courts and Securities Act claims be brought in federal district court (effective 2023-06-14).
“On June 14, 2023, the Board amended Patterson-UTI’s bylaws to add a new forum selection provision.”
PATTERSON UTI ENERGY INC entered into Agreement and Plan of Merger with NexTier Oilfield Solutions Inc. (effective 2023-06-14).
“On June 14, 2023, Patterson-UTI Energy, Inc., a Delaware corporation (“ Patterson-UTI ”), Pecos Merger Sub Inc., a Delaware corporation and wholly owned subsidiary of Patterson-UTI (“ Merger Sub Inc. ”), and Pecos Second Merger Sub LLC, a Delaware limited liability company and wholly owned subsidiary of Patterson-UTI (“ Merger Sub LLC ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with NexTier Oilfield Solutions Inc., a Delaware corporation (“ NexTier ”)”
PATTERSON UTI ENERGY INC reported the quarter ended March 31, 2023 results: revenue $792 million, net income $99.7 million, or $0.46 per share. Guidance lowered.
“PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the quarter ended March 31, 2023. The Company reported net income of $99.7 million, or $0.46 per share, for the first quarter of 2023, compared to net income of $100 million, or $0.46 per share, for the fourth quarter of 2022. Revenues for the first quarter of 2023 were $792 million, compared to $788 million for the fourth quarter of 2022.”
PATTERSON UTI ENERGY INC reported financial results for the twelve months ended December 31, 2022.
“Patterson-UTI Energy, Inc. (the "Company") announced financial results for the three and twelve months ended December 31, 2022.”
PATTERSON UTI ENERGY INC reported the quarter ended December 31, 2022 results: revenue $788 million, net income $100 million, EPS $0.46 per share.
“The Company reported net income of $100 million, or $0.46 per share, for the fourth quarter of 2022, compared to net income of $61.5 million, or $0.28 per share, for the third quarter of 2022. Revenues for the fourth quarter of 2022 were $788 million, compared to $728 million for the third quarter of 2022.”
PATTERSON UTI ENERGY INC reported the fourth quarter of 2022 results: net income exceed $100 million.
“Patterson-UTI Energy, Inc. (NASDAQ: PTEN) announced today that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections.”
James M. Holcomb was appointed as Chief Operating Officer at PATTERSON UTI ENERGY INC.
“On January 1, 2023, Patterson-UTI Energy, Inc. (“Patterson-UTI”) appointed James M. Holcomb, 60, as the Chief Operating Officer of Patterson-UTI.”
PATTERSON UTI ENERGY INC amended revolving credit of $600 million with Wells Fargo Bank, National Association maturing March 27, 2026.
“the maturity date for $416.7 million of revolving credit commitments of certain lenders under the Credit Agreement from March 27, 2025 to March 27, 2026. As a result, of the $600 million of revolving credit commitments under the Credit Agreement, the maturity date for $416.7 million of such commitments is March 27, 2026; the maturity date for $133.3 million of”
PATTERSON UTI ENERGY INC amended Amendment No. 3 to Amended and Restated Credit Agreement with Wells Fargo Bank, National Association (effective 2022-11-09).
“On November 9, 2022, Patterson-UTI Energy, Inc. (the “Company”) entered into Amendment No. 3 to Amended and Restated Credit Agreement (the “Amendment”), which amends the Company’s amended and restated credit agreement, dated as of March 27, 2018 (as previously amended, the “Credit Agreement”), among the Company, as borrower, Wells Fargo Bank, National Association, as administrative agent, letter of credit issuer, swing line lender and lender and each of the other letter of credit issuers and lenders party thereto.”
Cesar Jaime was appointed as Director at PATTERSON UTI ENERGY INC.
“On April 1, 2022, Patterson-UTI Energy, Inc. (the "Company") appointed Julie J. Robertson and Cesar Jaime to the Company’s Board of Directors.”
Julie J. Robertson was appointed as Director at PATTERSON UTI ENERGY INC.
“On April 1, 2022, Patterson-UTI Energy, Inc. (the "Company") appointed Julie J. Robertson and Cesar Jaime to the Company’s Board of Directors.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.