Patterson-UTI Energy (PTEN) Tops Q2 EPS by 5c
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Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2016
July 28, 2016 6:00 AM EDTHOUSTON, July 28, 2016 /PRNewswire/ --Â PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2016. Â The Company reported a net loss of $85.9 million, or $0.58 per share, for the second quarter of 2016, compared to a net loss of $19.0 million, or $0.13 per share, for the quarter ended June 30, 2015. Â Revenues for the second quarter of 2016 were $194 million, compared to $473 million for the second quarter of 2015.
For the six months ended June 30, 2016, the Company reported a net loss of $156 million, or $1.06 per share, compared... More
