secwatch / observer

PATTERSON UTI ENERGY INC — fact timeline

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.

PTEN PATTERSON UTI ENERGY INC JSON
Debt Financings

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”
Debt Financings

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.”
Debt Financings

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”
Material Agreements

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”).”
Earnings Releases

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”

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.