Patterson-UTI Energy, Inc.
Industry Group: Energy Services
Country/Region: United States of America
Identifier: NAS:PTEN
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Energy Services 28 out of 106
Universe
Global Universe 6009 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Helmerich & Payne, Inc. |
20.4
Medium
|
20 out of 106 |
| Valaris Ltd. |
22.1
Medium
|
25 out of 106 |
| Patterson-UTI Energy, Inc. |
22.8
Medium
|
28 out of 106 |
| Seadrill Ltd. |
28.4
Medium
|
57 out of 106 |
| Arabian Drilling Co. |
30.4
High
|
72 out of 106 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Controversy Rating
Highest Controversy level that has impacted Patterson-UTI Energy, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
