Q1 2025 Patterson-UTI Energy Inc Earnings Call Transcript

Apr 24, 2025 / 02:00PM GMT

Release Date Price: €5.35 (+3.88%)

Transcript 10-Q8-K

Operator

Ladies and gentlemen, this is the operator. Today's conference is scheduled to begin momentarily. Until that time, your line will be placed on music hold. Thank you for your patience. Thank you for standing by. My name is Dan, and I will be your conference operator today.

At this time, I would like to welcome everyone to the Patterson-UTI first quarter 2025 earnings conference call. (Operator Instructions) I would now like to turn the call over to Michael Sabella, Vice President of Investor Relations. Please go ahead.

Michael Sabella

Patterson-UTI Energy Inc - Michael Sabella - PattVice President - Investor Relations

Thank you, operator. Good morning, and welcome to Patterson-UTI's earnings conference call to discuss our first quarter 2025 results. With me today are Andy Hendricks, President and Chief Executive Officer; and Andy Smith, Chief Financial Officer.

As a reminder, statements that are made in this conference call that refer to the company's or management's plans, intentions, targets, beliefs, expectations, or predictions for the

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