Patterson-UTI Energy Inc. Reports Average of 98 Drilling Rigs Operating in the U.S. for July 2025

Reuters
08/06
<a href="https://laohu8.com/S/PTEN">Patterson-UTI Energy</a> Inc. Reports Average of 98 Drilling Rigs Operating in the U.S. for July 2025

Patterson-UTI Energy Inc. reported that in July 2025, the company operated an average of 98 drilling rigs in the United States. This figure represents the average number of drilling rigs earning revenue under a drilling contract within the country. The company emphasized that while this number is an important metric, various other factors also influence Patterson-UTI's operating results, and a trend in the number of rigs may not necessarily indicate the company's financial performance. Patterson-UTI, a leading provider of drilling and completion services for oil and natural gas exploration and production companies, intends to continue updating its monthly drilling rig operations. They also highlighted the potential impact of several external factors, including adverse conditions in the oil and natural gas industry, global economic conditions, customer spending volatility, and competition, which could significantly affect their services and financial results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Patterson-UTI Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1056947) on August 05, 2025, and is solely responsible for the information contained therein.

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