Patterson-UTI Energy, Inc. (PTEN) Q2 2026 Earnings Call Transcript

SA Transcripts 161.41K Followers Follow Patterson-UTI Energy, Inc. ( PTEN ) Q2 2026 Earnings Call July 30, 2026 10:00 AM EDT Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President, CEO & Director C. Smith - Executive VP & CFO Conference Call Participants Saurabh Pant - BofA Securities, Research Division Scott Gruber - Citigroup Inc., Research Division Derek Podhaizer - Piper Sandler & Co., Research Division Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Keith MacKey - RBC Capital Markets, Research Division James Rollyson - Raymond James & Associates, Inc., Research Division Alexa Petrick - Goldman Sachs Group, Inc., Research Division Edward Kim - Barclays Bank PLC, Research Division Daniel Kutz - Morgan Stanley, Research Division Sean Mitchell - Daniel Energy Partners, LLC Presentation Operator Hello, everyone. Thank you for joining us, and welcome to Patterson-UTI's Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I will now hand the conference over to Mike Sabella, Vice President of Investor Relations. Please go ahead. Michael Sabella Vice President of Investor Relations Thank you, operator. Good morning, and welcome to Patterson-UTI's earnings conference call to discuss our second quarter 2026 results. With me today are Andy Hendricks, President and Chief Executive Officer; and Andy Smith, Chief Financial Officer. As a reminder, statements that are made in this conference call that refer to the company's or management's plans, intentions, targets, beliefs, expectations or predictions for the future are considered forward-looking statements. These forward-looking statements are subject to risks and uncertainties as disclosed in the company's SEC filings, which could cause the company's actual results to differ materially. The company takes no obligation to publicly update or revise any forward-looking statements. Statements made in this conference call include non-GAAP financial measures. The required reconciliations to GAAP financial measures are included on our website at patenergy.com and in the company's press release issued prior to this conference call. I will now turn the call over to