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Patterson-UTI Secures $450 Million Credit Extension Through 2031

PTEN8-KFiling Date: 4/28/2026
Patterson-UTI Energy, Inc.
Description

What this story covers

Patterson-UTI Energy amended its credit facility, extending the maturity of 450 million dollars in revolving commitments to 2031. This strategic move bolsters long-term liquidity and reduces near-term refinancing risks amid fluctuating oilfield market conditions.

Story snapshot

CompanyPatterson-UTI Energy, Inc.
TickerPTEN
VariantStandard detailed
Duration4:45
Filing type8-K
PeriodAnnual 2026
IndustryEnergy
Accession0000889900-26-000030
Sources1

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Primary Sources

sec_filing8-KView on SEC.gov →

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