Third Point - PATTERSON UTI ENERGY INC ownership

PATTERSON UTI ENERGY INC's ticker is PTEN and the CUSIP is 703481101. A total of 362 filers reported holding PATTERSON UTI ENERGY INC in Q2 2024. The put-call ratio across all filers is 0.57 and the average weighting 0.2%.

About PATTERSON UTI ENERGY INC

Patterson-UTI Energy Inc. is a leading provider of drilling services to the oil and gas industry in the United States. The company operates a fleet of high-specification drilling rigs that are capable of drilling in a variety of environments, including shale formations and deepwater offshore locations.

Patterson-UTI Energy Inc. has a strong reputation for safety and reliability, which has helped it to build long-term relationships with many of the largest oil and gas companies in the country. The company's experienced workforce and state-of-the-art equipment enable it to deliver efficient and cost-effective drilling services to its clients.

Despite the challenges faced by the oil and gas industry in recent years, Patterson-UTI Energy Inc. has remained profitable and has continued to invest in its business. The company has a strong balance sheet and a solid track record of generating cash flow, which has enabled it to weather the downturn in the industry and position itself for growth as conditions improve.

Looking ahead, Patterson-UTI Energy Inc. is well positioned to benefit from the ongoing recovery in the oil and gas industry. With a strong reputation for safety and reliability, a modern fleet of drilling rigs, and a commitment to innovation and efficiency, the company is poised to deliver value to its shareholders and clients for years to come.

It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.

Quarter-by-quarter ownership
Third Point ownership history of PATTERSON UTI ENERGY INC
ValueSharesWeighting
Q1 2024$1,791,000150,0000.02%
Other shareholders
PATTERSON UTI ENERGY INC shareholders Q2 2024
NameSharesValueWeighting ↓
KAHN BROTHERS GROUP INC 4,603,562$53,770,082,0008.38%
Anomaly Capital Management, LP 7,566,464$88,376,0004.75%
CastleArk Alternatives, LLC 33,250$388,0003.32%
Penn Capital Management Company, LLC 979,763$11,459,0001.28%
DOHENY ASSET MANAGEMENT /CA 95,041$1,110,0001.11%
SIRIOS CAPITAL MANAGEMENT L P 493,010$5,758,0001.07%
1492 Capital Management LLC 106,419$1,243,0000.90%
Beck Bode, LLC 345,817$4,039,0000.88%
Energy Opportunities Capital Management, LLC 19,255$225,0000.72%
Edgestream Partners, L.P. 709,809$8,291,0000.64%
View complete list of PATTERSON UTI ENERGY INC shareholders