Patterson-UTI reports 88 drilling rigs operating in april

Patterson-UTI Energy Inc. (NASDAQ: PTEN) reported an average of 88 drilling rigs operating in the United States during April 2026, according to a company statement.

The Houston-based company said the figure represents the average number of its drilling rigs that earned revenue under drilling contracts in the United States during the month. Patterson-UTI cautioned that multiple factors beyond average drilling rigs operating can affect its operating results.

The company noted that trends in the number of drilling rigs operating may not indicate or predict its financial performance. Patterson-UTI stated it plans to continue providing monthly updates on drilling rig activity shortly after each month ends.

Patterson-UTI provides drilling and completion services to oil and natural gas exploration and production companies in the United States and other countries. The company's services include contract drilling, integrated well completion services, directional drilling services, and specialized drill bit solutions across multiple regions including the Middle East.

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