Patterson-UTI Energy (PTEN) Debt to Equity Ratio
Current and historical debt to equity ratio values for Patterson-UTI Energy (PTEN) over the last 10 years.
|Oils/Energy||Oil & Gas - Drilling||$4.958B||$0.916B|
|Patterson is one of the leading providers of domestic land drillingservices to major & independent oil & natural gas companies. The Company focuses its operations in Texas & southeast New Mexico. The Company currently has a drilling fleet of 114 drilling rigs, 108 of which are currently operable. The Company is also engaged in the development, exploration, acquisition & production of oil and natural gas; however, due to the substantial growth in the Company's drilling contract operations, the oil & natural gas operations are no longer material to the Company's overall operations.|