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OilStockReport

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Re: frenchee post# 6

Friday, 10/29/2010 6:33:29 PM

Friday, October 29, 2010 6:33:29 PM

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Patterson-UTI Energy Reports Financial Results for Three and Nine Months Ended September 30, 2010

HOUSTON, Oct. 28 /PRNewswire-FirstCall/ -- PATTERSON-UTI ENERGY, INC. (Nasdaq: PTEN) today reported financial results for the three and nine months ended September 30, 2010. The Company reported net income of $29.4 million, or $0.19 per share, for the third quarter of 2010, compared to a net loss of $18.6 million, or a loss of $0.12 per share, for the quarter ended September 30, 2009. Revenues for the third quarter of 2010 were $379 million, compared to $160 million for the third quarter of 2009.


This is not an offer to buy or sell securities or any kind of investment advice. Oil investment carries very high risks so do your own due diligence before and consult a licensed professional making any decisions.

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