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Patterson-UTI Energy's Overview

Total employees10500
HeadquartersHouston
Founded1978

Patterson-UTI Energy Inc. is a leading provider of land-based drilling and completion services to oil and natural gas exploration and production companies in the United States and select international markets. Following its 2023 merger with NexTier Oilfield Solutions, the company has significantly expanded its offerings, which now include contract drilling, pressure pumping, directional drilling, oilfield rentals, and technology services. Patterson-UTI is committed to providing safe, efficient, and innovative solutions to its customers, leveraging advanced technologies and a highly skilled workforce to optimize well performance and reduce operational risks. From an end-user perspective, they are a critical partner for E&P companies looking to develop hydrocarbon resources, known for their extensive fleet of advanced rigs and comprehensive wellsite services.

Where is Patterson-UTI Energy's Headquarters?

HQ Function

Serves as the central hub for corporate leadership, strategic planning, financial operations, administrative functions, and oversight of North American business units.

Notable Features:

Modern office facility located in Houston's Energy Corridor, designed for operational efficiency and collaboration, part of a contemporary business park.

Work Culture:

Characterized by a professional, results-driven environment with a strong emphasis on safety, operational excellence, and innovation in energy services. Collaborative teamwork is encouraged to address complex challenges in the oil and gas sector.

HQ Significance:

Strategically located in Houston, the epicenter of the U.S. energy industry, facilitating close proximity to partners, clients, and a vast talent pool. It's central to managing their extensive North American operations.

Values Reflected in HQ: Professionalism, innovation in energy services, and a commitment to operational excellence are reflected in the choice of a modern, well-equipped headquarters that supports collaboration and efficiency.

Location:

Patterson-UTI Energy primarily operates across the most active oil and natural gas basins in the United States and Canada. While its core focus is North America, its technology and services have applications that could support global energy markets, and it has historically undertaken projects in select international locations. The company's global functions include logistical support for its extensive North American operations, supply chain management, and strategic international business development when opportunities align with its expertise in land-based drilling and completions.

Street Address:

10713 W Sam Houston Pkwy N, Suite 800

City:

Houston

State/Province:

Texas

Country:

United States

Patterson-UTI Energy's Global Presence

Snyder, Texas/USA

Address: 2505 E U.S. Hwy 180, Snyder, TX 79549

Serves as a key hub for deploying resources, personnel, and technology to well sites in one of North America's most prolific oil and gas producing areas, ensuring timely and efficient service delivery.

Midland, Texas/USA

Address: Various operational facilities and offices in and around Midland, TX

To maintain a strong presence and provide direct support to extensive operations in the Permian Basin, the largest oil-producing region in the United States.

Calgary, Alberta/Canada

Address: Suite 1400, 350 – 7th Avenue S.W., Calgary, AB T2P 3N9

Supports Patterson-UTI's Canadian operations, providing specialized drilling solutions tailored to the Canadian energy market and geological conditions.

Buying Intent Signals for Patterson-UTI Energy

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Patterson-UTI Energy

As of April 2025, Patterson-UTI Energy' leadership includes:

Andy Hendricks - President and Chief Executive Officer
C. Andrew Smith - Executive Vice President and Chief Financial Officer
Kenneth N. Berns - President, Drilling Services
Matthew Gillard - President, Well Completions
Michael W. Garland - President, Production Solutions
Seth D. Wexler - Senior Vice President, General Counsel and Secretary

Investors of Patterson-UTI Energy

Patterson-UTI Energy has been backed by several prominent investors over the years, including:

BlackRock Inc.
The Vanguard Group, Inc.
State Street Corporation
Fidelity Management & Research Company (FMR Co.)
Dimensional Fund Advisors LP

Executive New Hires/Exits in the Last 12 Months

Hire3
Exits1

Over the past 12-18 months, Patterson-UTI Energy's executive team has seen significant evolution, primarily driven by the major merger with NexTier Oilfield Solutions (completed September 2023) and strategic appointments to strengthen its leadership in key operational areas and financial stewardship.

Departures

Michael W. Dye, Michael W. Dye retired as CFO, succeeded by C. Andrew Smith.

New Appointments:

C. Andrew Smith, C. Andrew Smith appointed as new CFO, taking over from Michael W. Dye.
Matthew Gillard, Matthew Gillard (former NexTier COO) appointed as President, Well Completions post-merger.
Michael W. Garland, Michael W. Garland (formerly NexTier) appointed as President, Production Solutions post-merger.

Technology (Tech Stack) used by Patterson-UTI Energy

Discover the tools Patterson-UTI Energy uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Patterson-UTI Energy Email Formats and Examples

Patterson-UTI Energy commonly uses a standard professional email format. The most prevalent format is combining the employee's first name and last name, separated by a period, followed by '@patenergy.com'. Variations might exist but this is the most widely observed.

first.last@patenergy.com

Format

john.doe@patenergy.com

Example

85%

Success rate

News and media

Patterson-UTI Energy Website (Press Release)May 7, 2024

Patterson-UTI Energy news title: Patterson-UTI Declares Quarterly Dividend

Patterson-UTI Energy, Inc. announced that its Board of Directors has declared a quarterly cash dividend on the Company's common stock of $0.08 per share, payable on June 20, 2024, to holders of record as of June 6, 2024....more

Patterson-UTI Energy Website (Press Release)April 25, 2024

Patterson-UTI Energy news title: Patterson-UTI Announces First Quarter 2024 Results

Patterson-UTI reported financial results for the first quarter ended March 31, 2024. The company highlighted its performance post-merger with NexTier and provided an outlook on market conditions and operational strategy....more

Patterson-UTI Energy Website (Press Release)September 1, 2023

Patterson-UTI Energy news title: Patterson-UTI Energy and NexTier Oilfield Solutions Complete Merger of Equals

Patterson-UTI Energy Inc. and NexTier Oilfield Solutions Inc. announced the successful completion of their merger of equals. The combined company is positioned as a leading drilling and completions company in the U.S....more

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