Home Patterson-UTI Sees 60% Decline in Activity as Oil Prices Crater
 

Keywords :   


Patterson-UTI Sees 60% Decline in Activity as Oil Prices Crater

2020-04-24 15:03:03| OGI

Oilfield service firm Patterson-UTI Energy Inc. on April 23 warned investors it would see a 60% decline in activity this year as shale companies slash spending and halt activity amid an unprecedented decline in oil prices.

Tags: prices activity oil decline

Category:Industrial Goods and Services

Latest from this category

All news

16.12Europes First Industrial Steel Chain Manufacturing BaseStrategic Acquisition of a Manufacturing Company in Germany
Industrial Goods and Services »
25.12Smithfield Foods donates $200K to support An Achievable Dream
25.12Could AI be key to solving the piglet mortality problem?
25.12Corporate Transparency Act reporting requirements will return
24.12Registration Open for Cal Poly Polymers & Coatings Winter 2025 Short Course
24.12American Airlines resumes flights after technical issue
24.12Seaboard Foods, Oklahoma Pork Council partner to Give-A-Ham
24.12Extension needed to thoroughly review EPA air emission draft models
24.12Indiana Pork donates $5K in gift cards to support state's teachers
More »