Patterson-UTI Energy, Inc. (PTEN) - Oil & Gas - Deals and Alliances Profile

 Published On: Jun, 2017 |    No of Pages: 64 |  Published By: GlobalData | Format: PDF
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Summary

Patterson-UTI Energy, Inc. (Patterson) is an oilfield service provider. It offers onshore contract drilling and pressure pumping services to oil and gas exploration and production companies. The company offers pressure pumping services such as well stimulation and cementing for completion of new wells and remedial work on existing wells to oil and natural gas operators. Patterson operates land based drilling rigs mainly in oil and natural gas producing regions of the continental US and western Canada. The company also owns non-operating working interest in oil and natural gas assets in Texas and New Mexico. Patterson is headquartered in Texas, the US.

Patterson-UTI Energy, Inc. (PTEN) - Oil & Gas - Deals and Alliances Profile provides you comprehensive data and trend analysis of the company's Mergers and Acquisitions (M&As), partnerships and financings. The report provides detailed information on Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnership transactions recorded by the company over a five year period. The report offers detailed comparative data on the number of deals and their value categorized into deal types, sub-sector and regions.

GlobalData derived the data presented in this report from proprietary in-house Oil & Gas eTrack deals database, and primary and secondary research.

Scope

- Financial Deals - Analysis of the company's financial deals including Mergers and Acquisitions, Equity/Debt Offerings, Private Equity, Venture Financing and Partnerships.
- Deals by Year - Chart and table displaying information encompassing the number of deals and value reported by the company by year, for a five year period.
- Deals by Type - Chart and table depicting information including the number of deals and value reported by the company by type such as Mergers and Acquisitions, Equity/Debt Offering etc.
- Deals by Region - Chart and table presenting information on the number of deals and value reported by the company by region, which includes North America, Europe, Asia Pacific, the Middle East and Africa and South and Central America.
- Deals by Sub-sector - Chart and table showing information on the number of deals and value reported by the company, by sub-sector.
- Major Deals - Information on the company's major financial deals. Each such deal has a brief summary, deal type, deal rationale; and deal financials and target Companys (major public companies) key financial metrics and ratios.
- Business Description - A brief description of the company's operations.
- Key Employees - A list of the key executives of the company.
- Important Locations and Subsidiaries - A list and contact details of key centers of operation and subsidiaries of the company.
- Key Competitors - A list of the key competitors of the company.
- Key Recent Developments - A brief on recent news about the company.

Reasons to Buy

Get detailed information on the company's financial deals that enable you to understand the company's expansion/divestiture and fund requirements
- The profile enables you to analyze the company's financial deals by region, by year, by business segments and by type, for a five year period.

Understand the company's business segments' expansion / divestiture strategy
- The profile presents deals from the company's core business segments' perspective to help you understand its corporate strategy.

Access elaborate information on the company's recent financial deals that enable you to understand the key deals which have shaped the company
- Detailed information on major recent deals includes a summary of each deal, deal type, deal rationale, deal financials and Target Company's key financial metrics and ratios.

Equip yourself with detailed information about the companys operations to identify potential customers and suppliers.
- The profile analyzes the company's business structure, locations and subsidiaries, key executives and key competitors.

Stay up-to-date on the major developments affecting the company
- Recent developments concerning the company presented in the profile help you track important events.

Gain key insights into the company for academic or business research
- Key elements such as break up of deals into categories and information on detailed major deals are incorporated into the profile to assist your academic or business research needs.

Note*: Some sections may be missing if data is unavailable for the company.

Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Patterson-UTI Energy, Inc., Oil & Gas Deals By Type, 2011 to YTD 2017 7
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Sector, 2011 to YTD 2017 9
Patterson-UTI Energy, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Patterson-UTI Energy, Inc., Oil & Gas, Deal Details 11
Asset Purchase 11
Patterson-UTI Completes Acquisition Of Pressure Pumping Assets In Texas 11
Patterson-UTI Energy Completes Acquisition Of Pressure Pumping Operations In East Texas 11
Equity Offering 12
Patterson-UTI Completes Public Offering Of Shares For US$481.4 Million 12
Debt Offering 13
Seventy Seven Energy Completes Private Placement Of 6.5% Notes Due 2022 For US$500 Million 13
Patterson-UTI Energy Completes Private Placement Of 4.27% Notes Due 2022 For US$300 Million 14
Chesapeake Oilfield Completes Private Placement Of 6.625% Senior Notes For US$650 Million 15
Asset Transactions 15
Seventy Seven Energy Sells Water Hauling Assets For US$6.5 Million 15
Seventy Seven Energy Sells Drilling Rigs And Equipment For US$44.8 Million 16
Seventy Seven Energy Sells Crude Hauling Assets For US$43.8 Million 16
Seventy Seven Energy Sells Drilling Rigs And Equipment For US$50.6 Million 17
Approach Oil & Gas Acquires Remaining 38.33% Interest In Cinco Terry Operating Area, Texas For US$76 Million 17
Acquisition 18
Patterson-UTI Completes Acquisition Of Seventy Seven Energy For Approximately US$1.83 Billion 18
Patterson-UTI Completes Acquisition Of Warrior Rig For Approximately US$0.68 Million 19
Chesapeake Oilfield Acquires Forrest Rig And Forrest Top Drive For US$84.5 Million 20
Aveda Transportation Completes Acquisition Of Hodges Trucking From Seventy Seven Energy For US$42 Million 21
TETRA Technologies Acquires Eastern Reservoir Services From Patterson-UTI Energy For US$42.5 Million 22
Chesapeake Oilfield Acquires Horizon Oilfield Services For US$17.5 Million 23
Seawell Acquires Universal Wireline From Patterson-UTI Energy 24
Patterson-UTI Energy, Inc. - Key Competitors 26
Key Employees 27
Locations And Subsidiaries 28
Head Office 28
Other Locations & Subsidiaries 28
Recent Developments 31
Drilling and Production Updates 31
Jun 05, 2017: Patterson-UTI Reports Drilling Activity For May 2017 31
Oct 05, 2016: Patterson-UTI Reports Drilling Activity For September 2016 32
Sep 06, 2016: Patterson-UTI Reports Drilling Activity For August 2016 33
Aug 04, 2016: Patterson-UTI Reports Drilling Activity For July 2016 34
Financial Announcements 35
May 11, 2017: Fuel Tech Reports 2017 First Quarter Financial Results 35
Apr 27, 2017: Patterson-UTI Energy Reports Financial Results For Three Months Ended March 31, 2017 37
Feb 09, 2017: Patterson-UTI Energy Reports Financial Results For Three And Twelve Months Ended December 31, 2016 38
Oct 27, 2016: Patterson-UTI Energy Reports Financial Results For Three And Nine Months Ended September 30, 2016 40
Jul 28, 2016: Patterson-UTI Energy Reports Financial Results For Three And Six Months Ended June 30, 2016 42
Apr 28, 2016: Patterson-UTI Energy Reports Financial Results For Three Months Ended March 31, 2016 44
Feb 04, 2016: Patterson-UTI Energy Reports Financial Results For Three And Twelve Months Ended December 31, 2015 45
Other Significant Developments 46
May 22, 2017: NAI Partners Represents Patterson-UTI Energy In Expanding Their Headquarters By 11,609 SF 46
May 11, 2017: Patterson-UTI Energy announces management changes 47
May 03, 2017: Patterson-UTI Reports Drilling Activity For April 2017 48
Apr 05, 2017: Patterson-UTI Reports Drilling Activity For March 2017 49
Mar 06, 2017: Patterson-UTI Reports Drilling Activity For February 2017 50
Feb 03, 2017: Patterson-UTI Reports Drilling Activity For January 2017 51
Jan 04, 2017: Patterson-UTI Reports Drilling Activity For December 2016 52
Dec 05, 2016: Patterson-UTI Reports Drilling Activity For November 2016 53
Nov 03, 2016: Patterson-UTI Reports Drilling Activity For October 2016 54
Jul 12, 2016: Patterson-UTI Energy Amends Its Bank Credit Agreement 55
Jul 05, 2016: Patterson-UTI Reports Drilling Activity For June 2016 56
Jun 03, 2016: Patterson-UTI Reports Drilling Activity For May 2016 57
May 04, 2016: Patterson-UTI Reports Drilling Activity For April 2016 58
Apr 05, 2016: Patterson-UTI Reports Drilling Activity For March 2016 59
Mar 03, 2016: Patterson-UTI Reports Drilling Activity For February 2016 60
Feb 03, 2016: PATTERSON-UTI Reports Drilling Activity For January 2016 61
Jan 05, 2016: PATTERSON-UTI Reports Drilling Activity For December 2015 62
New Contracts Announcements 63
Feb 06, 2017: Freedom Contracts With Patterson-UTI Drilling For Horizontal Drilling Program In Eagle Ford Shale 63
Appendix 64
Methodology 64
About GlobalData 64
Contact Us 64
Disclaimer 64

List of Tables
Patterson-UTI Energy, Inc., Oil & Gas, Key Facts, 2016 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Patterson-UTI Energy, Inc., Oil & Gas Deals By Type, 2011 to YTD 2017 7
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Patterson-UTI Energy, Inc., Deals By Sector, 2011 to YTD 2017 9
Patterson-UTI Energy, Inc., Oil & Gas, Deals Summary, 2011 to YTD 2017 10
Patterson-UTI Completes Acquisition Of Pressure Pumping Assets In Texas 11
Patterson-UTI Energy Completes Acquisition Of Pressure Pumping Operations In East Texas 11
Patterson-UTI Completes Public Offering Of Shares For US$481.4 Million 12
Seventy Seven Energy Completes Private Placement Of 6.5% Notes Due 2022 For US$500 Million 13
Patterson-UTI Energy Completes Private Placement Of 4.27% Notes Due 2022 For US$300 Million 14
Chesapeake Oilfield Completes Private Placement Of 6.625% Senior Notes For US$650 Million 15
Seventy Seven Energy Sells Water Hauling Assets For US$6.5 Million 15
Seventy Seven Energy Sells Drilling Rigs And Equipment For US$44.8 Million 16
Seventy Seven Energy Sells Crude Hauling Assets For US$43.8 Million 16
Seventy Seven Energy Sells Drilling Rigs And Equipment For US$50.6 Million 17
Approach Oil & Gas Acquires Remaining 38.33% Interest In Cinco Terry Operating Area, Texas For US$76 Million 17
Patterson-UTI Completes Acquisition Of Seventy Seven Energy For Approximately US$1.83 Billion 18
Patterson-UTI Completes Acquisition Of Warrior Rig For Approximately US$0.68 Million 19
Chesapeake Oilfield Acquires Forrest Rig And Forrest Top Drive For US$84.5 Million 20
Aveda Transportation Completes Acquisition Of Hodges Trucking From Seventy Seven Energy For US$42 Million 21
TETRA Technologies Acquires Eastern Reservoir Services From Patterson-UTI Energy For US$42.5 Million 22
Chesapeake Oilfield Acquires Horizon Oilfield Services For US$17.5 Million 23
Seawell Acquires Universal Wireline From Patterson-UTI Energy 24
Patterson-UTI Energy, Inc., Key Competitors 26
Patterson-UTI Energy, Inc., Key Employees 27
Patterson-UTI Energy, Inc., Other Locations 28
Patterson-UTI Energy, Inc., Subsidiaries 29

List of Figures
Patterson-UTI Energy, Inc., Oil & Gas, Deals by Type, 2011 to YTD 2017 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Sector, 2011 to YTD 2017 1
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Year, 2011 to YTD 2017 6
Patterson-UTI Energy, Inc., Oil & Gas, Deals by Type, 2011 to YTD 2017 7
Patterson-UTI Energy, Inc., Oil & Gas, Deals By Region, 2011 to YTD 2017 8
Patterson-UTI Energy, Inc., Oil & Gas, Deals by Sector, 2011 to YTD 2017 9


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