Patterson-UTI Energy, Inc.

NasdaqGS:PTEN Stock Report

Mkt Cap: US$3.5b

Patterson-UTI Energy Management

How experienced are the management team and are they aligned to shareholders interests?

10.3yrs

Average management tenure


CEO

Andy Hendricks (57 yo)

5.58yrs

Tenure

US$8,017,005

Compensation

Mr. William Andrew Hendricks, Jr., also known as Andy, has been Chief Executive Officer and President at Seventy Seven Energy Inc. since April 20, 2017. Mr. Hendricks has been the Chief Executive Officer a...


CEO Compensation Analysis

How has Andy Hendricks's remuneration changed compared to Patterson-UTI Energy's earnings?
DateTotal Comp.SalaryCompany Earnings
Sep 30 2022n/an/a

-US$310m

Jun 30 2022n/an/a

-US$454m

Mar 31 2022n/an/a

-US$579m

Dec 31 2021US$8mUS$1m

-US$657m

Sep 30 2021n/an/a

-US$399m

Jun 30 2021n/an/a

-US$428m

Mar 31 2021n/an/a

-US$475m

Dec 31 2020US$4mUS$1m

-US$804m

Sep 30 2020n/an/a

-US$783m

Jun 30 2020n/an/a

-US$933m

Mar 31 2020n/an/a

-US$832m

Dec 31 2019US$9mUS$1m

-US$426m

Sep 30 2019n/an/a

-US$541m

Jun 30 2019n/an/a

-US$354m

Mar 31 2019n/an/a

-US$316m

Dec 31 2018US$10mUS$1m

-US$321m

Sep 30 2018n/an/a

US$75m

Jun 30 2018n/an/a

US$116m

Mar 31 2018n/an/a

US$35m

Dec 31 2017US$14mUS$854k

US$6m

Sep 30 2017n/an/a

-US$268m

Jun 30 2017n/an/a

-US$318m

Mar 31 2017n/an/a

-US$312m

Dec 31 2016US$6mUS$600k

-US$319m

Compensation vs Market: Andy's total compensation ($USD8.02M) is about average for companies of similar size in the US market ($USD6.49M).

Compensation vs Earnings: Andy's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
William Hendricks
President10.25yrsUS$8.02m0.58%
$ 20.2m
C. Smith
Executive VP & CFO5.33yrsUS$3.21m0.078%
$ 2.7m
James Holcomb
Chief Operating Officerno dataUS$2.08m0.075%
$ 2.6m
Seth Wexler
Senior VP13.42yrsUS$2.31m0.055%
$ 1.9m
Kenneth Berns
Executive VP & Chief Commercial Officer19.75yrsUS$3.19m0.26%
$ 9.1m
James Drickamer
Vice President of Investor Relationsno datano datano data

10.3yrs

Average Tenure

57yo

Average Age

Experienced Management: PTEN's management team is seasoned and experienced (10.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
William Hendricks
President5.58yrsUS$8.02m0.58%
$ 20.2m
Julie Robertson
Director1yrno datano data
Curtis Huff
Independent Non-Executive Chairman21.67yrsUS$292.94k0.16%
$ 5.5m
Terry Hunt
Independent Director19.75yrsUS$215.06k0.056%
$ 1.9m
Michael Conlon
Independent Director10.33yrsUS$210.06k0.063%
$ 2.2m
Tiffany Thom Cepak
Independent Director8.42yrsUS$215.06k0.052%
$ 1.8m
Janeen Judah
Independent Director4.75yrsUS$200.06k0.051%
$ 1.8m
Cesar Jaime
Director0.75yrno datano data

7.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: PTEN's board of directors are considered experienced (7 years average tenure).