The latest announcement is out from Patterson-UTI ( (PTEN) ).
On April 3, 2025, Patterson-UTI Energy, Inc. announced the appointment of Forrest Robinson as the new Chief Accounting Officer. Robinson, who previously served as the company’s corporate controller, brings extensive experience from his roles at Callon Petroleum Company and Newfield Exploration Company, as well as his background in audit practice at BDO USA, LLP. This strategic appointment is expected to strengthen the company’s financial leadership and enhance its operational efficiency.
More about Patterson-UTI
Patterson-UTI Energy, Inc. operates in the energy sector, providing onshore contract drilling services to oil and natural gas operators in the United States. The company is known for its extensive fleet of drilling rigs and pressure pumping equipment, focusing on delivering efficient and reliable services to its clients.
YTD Price Performance: 4.65%
Average Trading Volume: 10,620,396
Technical Sentiment Signal: Buy
Current Market Cap: $3.24B
For a thorough assessment of PTEN stock, go to TipRanks’ Stock Analysis page.