Patterson-UTI Energy, Inc. (NASDAQ:PTEN) reported an average of 103 drilling rigs operating in the United States during September 2026. The company also recorded an average of 101 operating rigs for the three months ended September 30, 2026.
The figures were announced on October 9, 2026. Patterson-UTI said its monthly operating-rig average covers drilling rigs earning revenue under a drilling contract in the United States.
The company cautioned that the rig count is only one factor affecting operating results. It said changes in the number of operating rigs may or may not correspond with changes in its financial performance.
Patterson-UTI provides drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. Its activities include contract drilling, integrated well completion and directional drilling services in the United States, along with specialised drill bit solutions in the United States, the Middle East and other regions.
The company said its forward-looking statements are subject to numerous risks and uncertainties, including factors beyond its control. Patterson-UTI stated that actual results could differ materially from those expressed or implied and that it undertakes no obligation to publicly update or revise such statements.
PATTERSON-UTI ENERGY, INC. reported that it had an average of 103 drilling rigs operating in the United States during September 2026. It also reported an average of 101 drilling rigs operating in the United States for the three months ended September 30, 2026.
PATTERSON-UTI ENERGY, INC. announced the drilling activity update on October 9, 2026.
PATTERSON-UTI ENERGY, INC. reported an average of 103 drilling rigs operating in the United States during September 2026.
PATTERSON-UTI ENERGY, INC. defines the figure as the average number of its drilling rigs that were earning revenue under a drilling contract in the United States.
PATTERSON-UTI ENERGY, INC. cautioned that numerous factors in addition to average drilling rigs operating can affect its operating results. The company also said that a particular trend in the number of drilling rigs operating may or may not indicate a trend in, or be indicative of, its financial performance.
PATTERSON-UTI ENERGY, INC. said it intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
PATTERSON-UTI ENERGY, INC. provides drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. Its services include contract drilling, integrated well completion and directional drilling in the United States, as well as specialised drill bit solutions in the United States, the Middle East and many other regions around the world.
PATTERSON-UTI ENERGY, INC. shares trade on NASDAQ under the ticker symbol PTEN.
PATTERSON-UTI ENERGY, INC. said its forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond its control, and that actual results could differ materially from those expressed or implied. The company also said it undertakes no obligation to publicly update or revise any forward-looking statement.