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Company: Patterson-UTI Energy (PTEN)
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4 votes

  High Oil Prices will encourage drilling and exploration

High Oil Prices will encourage drilling and exploration. Patterson-UTI's fleet is well placed to take advantage of such growth.

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1 votes

  Patterson has committed $1.7 billion to upgrading its fleet

Patterson has committed $1.7 billion to upgrading its fleet. Newer rigs and efficient equipments should give PTEN an edge over competitors.

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