Patterson-UTI Energy Profit Margin 2010-2023 | PTEN
Current and historical gross margin, operating margin and net profit margin for Patterson-UTI Energy (PTEN) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Patterson-UTI Energy net profit margin as of December 31, 2023 is 5.94%.
| Patterson-UTI Energy Annual Profit Margins |
| Patterson-UTI Energy Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Drilling |
$4.649B |
$4.146B |
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Patterson-UTI Energy, Inc. is an oilfield services company. It is one of the largest onshore contract drillers in the United States and has a large fleet of pressure pumping equipment. Patterson-UTI operates primarily in four segments: Contract Drilling , Pressure Pumping, Directional Drilling, and Others. The company is a major supplier of onshore drilling rigs on a contractual basis to explore for and develop oil and gas.
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