Patterson-UTI Energy warns of profit pressure

Weather impact: Patterson-UTI Energy says severe weather hit earnings

Onshore driller Patterson UTI Energy has warned its first-quarter margins in pressure pumping will be hampered by “unusually severe weather” in the Appalachian region.

User

Become an Upstream member!

Membership includes a subscription to our weekly newspaper providing in-depth news from the energy industry, plus full-access to this site and its archives. Still not convinced? Try our free trial.

Already a member?

Login