Patterson-UTI Energy: Here's why the Stock Often Rallies From April

Patterson-UTI Energy is one of the leading providers of drilling and production services for the North American oil and gas industry. The company's headquarters is located in Houston, Texas, and its operational focus is primarily on the use of state-of-the-art drilling rigs in shale regions in the southern United States. Patterson-UTI operates one of the largest fleets of electric and mechanical drilling rigs in the U.S., complemented by a strong segment in pressure pumping and production logistics. The business model is based on close collaboration...