Patterson-UTI Energy Inc (NAS:PTEN)
$ 11.01 0.03 (0.27%) Market Cap: 4.42 Bil Enterprise Value: 5.58 Bil PE Ratio: 17.74 PB Ratio: 0.94 GF Score: 61/100

Q2 2020 Patterson-UTI Energy Inc Earnings Call Transcript

Jul 23, 2020 / 02:00PM GMT
Release Date Price: $3.94 (+7.50%)
Operator

Ladies and gentlemen, thank you for standing by, and welcome to Patterson-UTI Energy's Second Quarter 2020 Earnings Conference Call. (Operator Instructions) Please be advised that today's conference is being recorded. (Operator Instructions)

I would now like to hand the conference over to your first speaker today, Mike Drickamer, Vice President, Investor Relations. Please go ahead, sir.

James Michael Drickamer
Patterson-UTI Energy, Inc. - VP of IR

Thank you, Julianne. Good morning. And on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss the results of the 3 and 6 months ended June 30, 2020.

Participating in today's call will be Andy Hendricks, Chief Executive Officer; and Andy Smith, Chief Financial Officer.

A quick reminder that statements made in this conference call that state company's or management's plans, intentions, beliefs, expectations or predictions for the future, are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995,

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