Patterson-UTI Energy Inc at Barclays CEO Energy-Power Conference Transcript

Sep 03, 2019 / 05:05PM GMT
Unidentified Analyst -

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Andy joined Patterson in 2012, serving shortly as COO before being appointed CEO. Previously, he was President of Schlumberger Drilling & Measurements and had worked at Schlumberger in various positions since 1998.

Andy, thanks for joining us.

William Andrew Hendricks - Patterson-UTI Energy, Inc. - President, CEO & Director

Thank you. I appreciate it. It's good to be here today.

We'll see if we can get our presentation loaded up. Listen, while we're waiting on that, Patterson-UTI has a history of being a relatively conservative financial company, and we're going to talk a little bit about that in today's presentation.

It's one of the ongoing themes. Energy is a tough space these days. We all know that. And we all know that the strong will survive these types of slowdowns and downturns, and Paterson-UTI is one of those companies that is financially strong.

And so let me just kind of jump in. The other thing we're going to do today is we're going to pull back the curtain

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