Patterson-UTI Files 8-K for Regulation FD Disclosure

Ticker: PTEN · Form: 8-K · Filed: Jan 3, 2024 · CIK: 889900

Patterson Uti Energy INC 8-K Filing Summary
FieldDetail
CompanyPatterson Uti Energy INC (PTEN)
Form Type8-K
Filed DateJan 3, 2024
Risk Levellow
Pages2
Reading Time2 min
Key Dollar Amounts$0.01
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: regulation-fd, compliance, routine-filing

TL;DR

**PTEN filed a standard 8-K for Regulation FD, nothing major.**

AI Summary

Patterson-UTI Energy, Inc. filed an 8-K on January 3, 2024, primarily to disclose information under Regulation FD and to include financial statements and exhibits. This filing indicates routine compliance with SEC disclosure requirements, confirming the company's current registration on The Nasdaq Global Select Market under the trading symbol PTEN. For investors, this filing is a standard procedural update, signaling ongoing transparency and adherence to regulatory obligations, which is generally positive for maintaining investor confidence.

Why It Matters

This filing is a routine disclosure, indicating Patterson-UTI Energy, Inc. is maintaining its regulatory compliance and transparency, which is crucial for investor trust.

Risk Assessment

Risk Level: low — This 8-K is a routine filing for Regulation FD disclosure and exhibits, indicating no immediate new risks or significant changes.

Analyst Insight

A smart investor would recognize this as a routine compliance filing, not signaling any immediate need for action. It's a confirmation of ongoing regulatory adherence, which is a baseline expectation for publicly traded companies.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Patterson-UTI Energy, Inc.?

The purpose of this 8-K filing by Patterson-UTI Energy, Inc. is primarily for Regulation FD Disclosure and to provide Financial Statements and Exhibits, as indicated under ITEM INFORMATION in the filing.

What is the trading symbol and exchange for Patterson-UTI Energy, Inc.'s common stock?

Patterson-UTI Energy, Inc.'s common stock trades under the symbol PTEN and is registered on The Nasdaq Global Select Market, as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on January 3, 2024, as specified in the 'Date of Report (Date of earliest event reported)' section.

What is the state of incorporation for Patterson-UTI Energy, Inc.?

Patterson-UTI Energy, Inc. is incorporated in Delaware, as indicated in the filing under 'State or Other Jurisdiction of Incorporation'.

What is the business address and phone number of Patterson-UTI Energy, Inc.?

The business address for Patterson-UTI Energy, Inc. is 10713 W. Sam Houston Pkwy N., Suite 800, Houston, Texas 77064, and their telephone number is 281-765-7100, as listed in the 'BUSINESS ADDRESS' section.

Filing Stats: 538 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-01-03 16:04:24

Key Financial Figures

Filing Documents

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. Patterson-UTI Energy, Inc. will deliver an investor presentation that includes the slides attached as Exhibit 99.1 to this Current Report on Form 8-K, which are incorporated herein by reference. The information furnished pursuant to Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, shall not otherwise be subject to the liabilities of that section and shall not be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference. The furnishing of these slides is not intended to constitute a representation that such information is required by Regulation FD or that the materials they contain include material information that is not otherwise publicly available.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: 99.1 Investor Presentation, dated January 3, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 3, 2024 Patterson-UTI Energy, Inc. By: /s/ C. Andrew Smith Name: C. Andrew Smith Title: Executive Vice President and Chief Financial Officer

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