Patterson-UTI Energy (PTEN) Tops Q3 EPS by 2c
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Patterson-UTI Energy Reports Financial Results for the Three and Nine Months Ended September 30, 2020
October 22, 2020 6:00 AM EDTHOUSTON, Oct. 22, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2020.  The Company reported a net loss of $112 million, or $0.60 per share, for the third quarter of 2020, compared to a net loss of $262 million, or $1.31 per share, for the third quarter of 2019. Revenues for the third quarter of 2020 were $207 million, compared to $598 million for the third quarter of 2019.
For the nine months ended September 30, 2020, the Company reported a net loss of $697 million, or $3.70 per share, compared... More
