This event is archived. Final snapshot from when the story concluded. View on Dashboard
Events / Business / Patterson-UTI reports May, March drilling
Business drilling activity report

Patterson-UTI reports May, March drilling

Analysis based on 8 articles · First reported Apr 06, 2026 · Last updated Jun 06, 2026

Sentiment
0
Attention
2
Articles
8
Market Impact
General
Live prominence charts, article sentiment distribution, and event development timeline available on the Ergen Dashboard
Market Impact

The market impact is generally neutral as Patterson-UTI's report provides routine operational updates. Investors will use this data to assess the company's activity levels and potentially adjust their outlook on Patterson-UTI's future financial performance.

Oil & Gas Energy Services
Event Summary

Patterson-UTI released its monthly drilling activity reports for May 2026 and March 2026. For May 2026, the company reported an average of 92 drilling rigs operating in the United States. For the two months ending May 31, 2026, the average was 90 rigs. For March 2026, the company reported an average of 90 drilling rigs operating in the United States, with a three-month average of 92 rigs ending March 31, 2026. These reports provide insights into the company's operational scale within the United States oil and natural gas industry.

Entities Involved
stock
Patterson-UTI
Patterson-UTI reported its average drilling rig count for May 2026 and March 2026, providing key operational data to investors.
Importance 100.0 Sentiment 0.0
per
Michael Sabella
Michael Sabella is the Vice President of Investor Relations for Patterson-UTI and is listed as the contact for investor inquiries regarding the drilling activity report.
Importance 10.0 Sentiment 0.0
cnt
United States
Importance 0.0 Sentiment 0.0
index
Nasdaq-100
Importance 0.0 Sentiment 0.0
Relationships
United States related ↔ Nasdaq-100
ERGEN INTELLIGENCE
Track this event live

Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.

Open Dashboard

About Ergen

Ergen is a news intelligence platform that converts raw news articles into structured data. It tracks events, entities, and the relationships between them, with sentiment and attention metrics derived from thousands of articles. Pages on this site are daily static snapshots from the platform's live database. For real-time tracking, search, and alerts, the full dashboard is at app.ergen.ai.