Patterson-UTI Energy Reports Mark Siegel, Executive Chairman, Announces Retirement Plan
Patterson-UTI Energy, Inc. (PTEN)
Last patterson-uti energy, inc. earnings: 4/23 06:01 am
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US:NASDAQ Investor Relations:
patenergy.com
Company Research
Source: PR Newswire
HOUSTON, April 8, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its long-tenured Executive Chairman, Mark S. Siegel, has advised the Company of his intention to retire after more than 25 years of continuous service to Patterson-UTI Energy and its predecessor companies. Mr. Siegel has decided not to stand for re-election to the Board of Directors and to retire as Executive Chairman, at the time of the Company's annual shareholder meeting, when it is anticipated that Mr. Curtis Huff will be appointed Non-Executive Chairman. Mr. Huff has been a member of the Board of Directors of Patterson-UTI and one of its predecessor companies for 23 years and currently serves as the Company's Lead Independent Director.Andy Hendricks, Patterson-UTI Energy's President and Chief Executive Officer, stated, "Mark's many contributions to Patterson-UTI and the U.S. land drilling industry as a whole have been incomparable and immeasurable. When he first became involve
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News
- Patterson-UTI Energy (NASDAQ:PTEN) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Patterson-UTI Energy (NASDAQ:PTEN) was upgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=PTEN&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StreMarketBeat
- Patterson-UTI Energy (NASDAQ:PTEN) had its price target raised by analysts at Royal Bank Of Canada from $7.00 to $8.00. They now have an "outperform" rating on the stock.MarketBeat
- Patterson-UTI Energy (NASDAQ:PTEN) was downgraded by analysts at Tudor Pickering from a "strong-buy" rating to a "hold" rating.MarketBeat
- Patterson-UTI Energy (NASDAQ:PTEN) had its "equal weight" rating reaffirmed by analysts at Barclays PLC. They now have a $6.00 price target on the stock, down previously from $7.00.MarketBeat
PTEN
Earnings
- 10/22/25 - In-Line
PTEN
Sec Filings
- 10/28/25 - Form 10-Q
- 10/23/25 - Form 8-K
- 9/19/25 - Form 8-K
- PTEN's page on the SEC website