PATTERSON-UTI ENERGY, (NASDAQ: PTEN) recently reported that for the month of September 2009, the Company had an average of 81 drilling rigs operating, including 77 rigs in the United States and 4 rigs in Canada. For the three months ended September 2009, the Company had an average of 73 drilling rigs operating, including 70 rigs in the United States and 3 rigs in Canada.
Free Hot Penny Stocks, an online financial publication, provides investors timely stock market alerts. Free hot penny stocks profiles stock picks that could generate higher returns than average. These penny stocks include stocks with news, chart breakouts or increased volume.
Sign Up Today for our Penny Stock Newsletter
Average drilling rigs operating reported in the monthly announcements represent the average number of Patterson-UTI Energy drilling rigs that were operating under a drilling contract. Patterson-UTI Energy cautioned that numerous factors in addition to average drilling rigs operating can impact. Patterson-UTI Energy operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of Patterson-UTI Energy financial performance. . Patterson-UTI Energy intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month. Patterson-UTI Energy provides onshore contract drilling services to exploration and production companies in North America. Patterson-UTI Energy has approximately 350 marketable land-based drilling rigs that operate primarily in the oil and natural gas producing regions of Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Colorado, Arizona, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, West Virginia and western Canada. Patterson-UTI Energy, Inc. is also engaged in the businesses of pressure pumping services and drilling and completion fluid services.
Sign Up for Free Hot Penny Stocks’ FREE Penny Stock Newsletter.
About Us
Free Hot Penny Stocks is a financial website and independent electronic publication that provides information and free penny stock alerts on selected publicly traded companies. We also track small cap companies and other stocks that may be positioned to break out. These penny stocks might have news, increased volume or chart breakouts. These penny stocks that are alerted could generate greater than average returns. Feel free to visit our penny stock forum to discuss other penny stock picks or penny stocks that you might own.
Free Hot Penny Stocks is not a registered investment advisor or broker-dealer. Please do your own Due Diligence before investing in any of the stocks mentioned above. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer