Oil/gas ExplorationCompany
Patterson-UTI M&A Summary
Patterson-UTI has acquired 11 companies, including 3 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 1 asset.
Patterson-UTI’s largest acquisition to date was in 2021, when it acquired Pioneer Energy Services for $295M. It’s largest disclosed sale occurred in 2012, when it sold Patterson-UTI Energy - Flowback Operations to Tetra Technologies for $43M. Patterson-UTI has acquired in 3 different US states, and 2 countries. The Company’s most targeted sectors include oil/gas exploration (60%) and energy services and equipment (40%).
Patterson-UTI Business Overview
Where is Patterson-UTI headquartered?
Patterson-UTI is headquartered in Houston, Texas.
What is Patterson-UTI’s revenue?
Patterson-UTI disclosed revenue of 4,146M USD for 2023 and 2,648M USD for 2022.
How many employees does Patterson-UTI have?
Patterson-UTI has 3,000 employees.
What sector is Patterson-UTI in?
Patterson-UTI is an oil/gas exploration company.
When was Patterson-UTI founded?
Patterson-UTI was founded in 1978.
M&A Summary
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M&A Total Activity11
- M&A Buy Activity10
- M&A Sell Activity1
- Total Sectors Invested 2
- Total Countries Invested 2
- M&A Buy/Sell Connections 4
- M&A Advisors 3