10 June 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC President-Drilling Subsidiary James Michael Holcomb acquired 41,000 shares and disposed of 9,418 in a set of related equity transactions.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 June 2016agm notice● Neutral
PATTERSON UTI ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
2 May 2016quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $70.5 million for the period ended 2016-03-31.
28 Apr 2016quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $70.5 million for the period ended 2016-03-31.
27 Apr 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. received 80,600 shares and a 315,400-share option grant as part of the equity award.
27 Apr 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC Chief Financial Officer John E Vollmer III received 48,300 shares and a 189,100-share option grant as part of the equity award.
27 Apr 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC Chairman of the Board Mark S Siegel received 38,700 shares and a 151,300-share option grant as part of the equity award.
27 Apr 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC Senior Vice President Kenneth N Berns received 48,300 shares and a 189,100-share option grant as part of the equity award.
25 Apr 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. had 12,124 shares withheld for taxes on vesting stock.
15 Apr 2016agm notice● Neutral
PATTERSON UTI ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
15 Apr 2016agm notice● Neutral
PATTERSON UTI ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
11 Feb 2016substantial holder notice● Neutral
Wellington Management Group LLP, Wellington Group Holdings LLP, Wellington Investment Advisors Holdings LLP, Wellington Management Company LLP reported a PATTERSON UTI ENERGY INC shareholding of 15,444,260 shares (10.49% of votes) in a periodic institutional filing.
11 Feb 2016substantial holder notice● Neutral
The Vanguard Group reported a PATTERSON UTI ENERGY INC shareholding of 10,383,831 shares (7.05% of votes) in a periodic institutional filing.
4 Feb 2016quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $58.7 million for the period ended 2015-12-31.
2 Feb 2016substantial holder notice● Neutral
Artisan Partners Limited Partnership, Artisan Investments GP LLC, Artisan Partners Holdings LP, Artisan Partners Asset Management Inc., Artisan Partners Funds, Inc. reported a PATTERSON UTI ENERGY INC shareholding of 481,539 shares (0.30% of votes) in a periodic institutional filing.
27 Jan 2016substantial holder notice● Neutral
BlackRock, Inc reported a PATTERSON UTI ENERGY INC shareholding of 11,124,316 shares (7.60% of votes) in a periodic institutional filing.
5 Jan 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC director Michael W Conlon received 3,000 shares and a 10,000-share option grant as part of the equity award.
5 Jan 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC director Terry H Hunt received 3,000 shares and a 10,000-share option grant as part of the equity award.
5 Jan 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC director Tiffany J Thom received 3,000 shares and a 10,000-share option grant as part of the equity award.
5 Jan 2016director interest notice● Neutral
PATTERSON UTI ENERGY INC director Curtis W Huff received 3,000 shares and a 10,000-share option grant as part of the equity award.
28 Oct 2015quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $226.0 million for the period ended 2015-09-30.
22 Oct 2015quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $226.0 million for the period ended 2015-09-30.
27 July 2015quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $19.0 million for the period ended 2015-06-30.
23 July 2015quarterly activities report▼ Bad
PATTERSON UTI ENERGY INC reported a quarterly net loss of $19.0 million for the period ended 2015-06-30.
27 Apr 2015quarterly activities report● Neutral
PATTERSON UTI ENERGY INC reported a quarterly net income of $9.1 million for the period ended 2015-03-31.
24 Apr 2015director interest notice● Neutral
PATTERSON UTI ENERGY INC President & CEO William Andrew Hendricks Jr. had 13,984 shares withheld for taxes on vesting stock.
23 Apr 2015quarterly activities report● Neutral
PATTERSON UTI ENERGY INC reported a quarterly net income of $9.1 million for the period ended 2015-03-31.
17 Apr 2015agm notice● Neutral
PATTERSON UTI ENERGY INC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
17 Apr 2015agm notice● Neutral
PATTERSON UTI ENERGY INC shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
18 Mar 2015debt financing● NeutralMajor
On March 18, 2015 the company took out a $200 million unsecured term loan led by Wells Fargo, due September 27, 2017, at LIBOR plus 3.25%, and used it to repay all $150 million of revolver borrowings under its 2012 credit agreement. It also expects the $39.8 million of letters of credit to move to the Scotiabank facility signed days earlier, which would leave the full $500 million revolver available. The loan restricts dividends and buybacks unless pro forma debt to EBITDA is no more than 2.5x.