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
»
13.12This Week in Agribusiness, December 13, 2025
13.12This Week in Agribusiness, December 13, 2025
13.12Christmas gifts wrapped and sent out for children
13.12Why your chocolate is getting smaller, more expensive and less chocolatey
12.12Cargill recalls single lot of livestock feed product
12.12Looking Back With Gratitude, Ahead With Purpose
12.12EU backs indefinite freeze on Russia's frozen cash ahead of loan plan for Ukraine
12.12No 10 says it backs pubs as landlords bar Labour MPs in tax protest
More »