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Patterson-UTI profit tumbles 38%

Onshore driller Patterson-UTI Energy reported net income of $34.8 million for the first quarter, down 38% compared to the same period last year as weather impacted operations.

Profit plunge: Weather curtails Patterson-UTI Energy's bottom line
Profit plunge: Weather curtails Patterson-UTI Energy's bottom line
Published 24 April 2014, 10:44Updated 11 October 2016, 16:30
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