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Wealth Beat News > News > Patterson-UTI Energy, Inc. (PTEN) Q1 2025 Earnings Call Transcript
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Patterson-UTI Energy, Inc. (PTEN) Q1 2025 Earnings Call Transcript

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Last updated: 2025/04/24 at 8:57 PM
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Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET

Company Participants

Michael Sabella – Vice President of Investor Relations
William Hendricks – President and Chief Executive Officer
Andrew Smith – Chief Financial Officer

Conference Call Participants

Arun Jayaram – JPMorgan
Scott Gruber – Citigroup
Atidrip Modak – Goldman Sachs
Saurabh Pant – Bank of America
Eddie Kim – Barclays
Keith Mackey – RBC Capital Markets
Stephen Gengaro – Stifel
Dan Kutz – Morgan Stanley
Connor Jensen – Raymond James
Jeff LeBlanc – TPH and Co.
Don Crist – Johnson Rice
Sean Mitchell – Daniel Energy Partners

Operator

Thank you for standing-by. My name is Van, and I will be your conference operator today. At this time, I would like to welcome everyone to the Patterson-UTI First Quarter 2025 Earnings Conference Call. [Operator Instructions] Thank you.

I would now like to turn the call over to Michael Sabella, Vice President of Investor Relations. Please go ahead.

Michael Sabella

Thank you, operator. Good morning, and welcome to Patterson-UTI’s earnings conference call to discuss our first quarter 2025 results.

With me today are Andy Hendricks, President and Chief Executive Officer; and Andy Smith, Chief Financial Officer.

As a reminder, statements that are made in this conference call that refer to the Company’s or Management’s plans, intentions, targets, beliefs, expectations or predictions for the future are considered forward-looking statements.

These forward-looking statements are subject to risks and uncertainties as disclosed in the Company’s SEC filings which could cause the Company’s actual results to differ materially. The company takes no obligation to publicly update or revise any forward-looking statements. Statements made in this conference call include non-GAAP financial measures.

The required reconciliation to GAAP financial measures are included on our website, patenergy.com and in the Company’s press release issued prior

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News April 24, 2025 April 24, 2025
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