Patterson-UTI Reports Drilling Activity for September 2026
Key Highlights
- ➤September 2026 average U.S. drilling rigs operating: 103
- ➤Q3 2026 average U.S. drilling rigs operating: 101
- ➤Patterson-UTI cautioned rig trends may not indicate financial performance
Expert Statements
Michael Sabella, Vice President, Investor Relations of Patterson-UTI Energy
“The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.”
HOUSTON, TX / ACCESS Newswire / October 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2026, the Company had an average of 103 drilling rigs operating in the United States. For the three months ended September 30, 2026, the Company had an average of 101 drilling rigs operating in the United States.
Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's 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 the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
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