Patterson-UTI Energy, Inc. operates within the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Patterson-UTI Energy with three other
companies in this sector in the United States:
Transocean Ltd
(2018
sales of $3.02 billion
of which 100%
was Contract Drilling Revenues),
Nabors Industries Limited
($3.06 billion
of which 48%
was International Drilling), and
Helmerich & Payne, Inc.
($2.49 billion
of which 83%
was U.S Land).
Sales Analysis.
During the year ended December of 2018, sales at
Patterson-UTI Energy were $3.33 billion.
This
is
an
increase of 41.2%
versus 2017, when the company's sales were $2.36 billion.
Sales of Directional Drilling saw an increase
that was more than double the company's growth rate: sales were up
359.1% in 2018, from
$45.58 million to $209.28 million.
Patterson-UTI Energy also saw significant increases in sales in
Other Operations (up 70.7% to $131.03 million)
.