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Company Profiles: Revenue, Growth, Competition

PATTERSON-UTI ENERGY Revenue, Growth & Competitor Profile

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Company Profile & Annual Report for Patterson-UTI Energy

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Patterson-UTI Energy Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry211111 Crude Petroleum & Natural Gas Extraction
Additional NAICS Codes21111
21112
Address10713 West Sam Houston Parkway North
Houston, TX 77064

www.patenergy.com


Patterson-UTI Energy's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Crude Petroleum & Natural Gas Extraction industry.


Patterson-UTI Energy's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Patterson-UTI Energy is a publicly traded company on NMS using the ticker symbol PTEN. Detailed information on company financials and operating reports can be found here: NMS: PTEN



Patterson-UTI Energy Annual Revenue and Growth Rate

Patterson-UTI Energy Revenue Est.
($ Million)
Growth Rate (%)# Employees
2019 Details in Premium Report
2018
2017
2016
2015
2014


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Patterson-UTI Energy's revenues are gauged from an analysis of company filings.



Investor Activity

Patterson-UTI Energy has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date Investors Percent Raised Target Size
November 2, 2018 1 100%$3 MM
Complete list of funding rounds and total amounts in the Company Report




Trademark Applications

Trademark applications show the products and services that Patterson-UTI Energy is developing and marketing. Patterson-UTI Energy's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark Date
NCOMMAND
Processing of data relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; compilation, collating and systematization of data in computer databases relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; computerized data processing and management relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; provision of computerized business statistics relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment
01/24/2019
NSITE
Processing of data relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; compilation, collating and systematization of data in computer databases relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; computerized data processing and management relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment; provision of computerized business statistics relating to oil and gas drilling equipment and hydraulic fracturing pumps and related equipment
01/24/2019
FRAC AC
Electricity generators; high-pressure pumps for use in oil and gas drilling operations; turbine engines not for land vehicles and replacement parts
08/21/2018

See all trademarks and details in the Full Report.


Recession Risk

Determine whether Patterson-UTI Energy grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Patterson-UTI Energy is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Crude Petroleum & Natural Gas Extraction

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Patterson-UTI Energy's Largest Competitors

A competitive analysis shows these companies are in the same general field as Patterson-UTI Energy, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
BAKER HUGHES OILFIELD OPERATIONSHouston, TX100 
HALLIBURTONHouston, TX83 
PROPETRO SERVICESMidland, TX28 
PATTERSON-UTI ENERGYHouston, TX26 
NABORS INDUSTRIESHouston, TX20 
WEATHERFORD INTERNATIONALHouston, TX19 
SELECT ENERGY SERVICESHouston, TX18 
EOG RESOURCESHouston, TX18 
SUPERIOR ENERGY SERVICESHouston, TX15 




Nearby Competitors

These companies are similar in business line and location to Patterson-UTI Energy. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
BAKER HUGHES OILFIELD OPERATIONSHouston, TX100 
HALLIBURTONHouston, TX83 
PATTERSON-UTI ENERGYHouston, TX26 
NABORS INDUSTRIESHouston, TX20 
WEATHERFORD INTERNATIONALHouston, TX19 
SELECT ENERGY SERVICESHouston, TX18 




Future Competition: Patterson-UTI Energy's Fastest Growing Competitors

These companies are in the same general field as Patterson-UTI Energy and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Patterson-UTI Energy Competitors