Patterson-UTI Energy, Inc. at Citigroup Small and Mid Cap Emerging Growth Conference Transcript - Transcript - 2008/03/17 - Thomson StreetEvents

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Title:	Patterson-UTI Energy, Inc. at Citigroup Small and Mid Cap Emerging Growth Conference Transcript
Price:	$54.00
Publication Date:	Mar 17, 2008
Source:	Thomson StreetEvents
Company:	Patterson-UTI Energy, Inc.
Report Type:	Transcript
Abstract:	Final Transcript of PTEN presentation, 17-Mar-08 1:05pm PT
Brief Excerpt:	... - Patterson-UTI Energy - ChairmanThanks to Geoff Kieburtz and to Citibank for the invitation to be here. The presentation this morning is going to go--this afternoon, excuse me, is going to go through five basic elements. First, we'll start out with a quick look at our disclaimer for securities law purposes. And now, let me kind of go through the five sections. First, a quick review of the commodity environment in which we operate, and then of the land drilling business generally. Next, and most importantly, to Patterson's drilling business and to our other businesses, and then to Patterson as an investment. In terms of the commodity environment, here you can see kind of a quick look at Uncle Sam not too happy about $### oil prices. You can see that actually we went through a long period of pretty stable oil prices, kind of at and around a $## price level. We've had a significant increase kind of starting up over the last five years, obviously, the $### oil prices that we've been experiencing...
Word Count:	7299
Length:	11 Pages
Ticker:	PTEN
Time:	1:05pm PT
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