Patterson-UTI Energy Management Discusses Q2 2012 Results - Earnings Call Transcript

Patterson-UTI Energy (PTEN)

Q2 2012 Earnings Call

July 26, 2012 10:00 am ET

Executives

James Michael Drickamer - Director of Investor Relations

Mark S. Siegel - Chairman of the Board and Member of Executive Committee

Douglas J. Wall - Chief Executive Officer and President

William Andrew Hendricks - Chief Operating Officer

John E. Vollmer - Chief Financial Officer, Treasurer and Senior Vice President of Corporate Development

Analysts

Kurt Hallead - RBC Capital Markets, LLC, Research Division

Joe Hill - Tudor, Pickering, Holt & Co. Securities, Inc., Research Division

Robin E. Shoemaker - Citigroup Inc, Research Division

J. Marshall Adkins - Raymond James & Associates, Inc., Research Division

Waqar Syed - Goldman Sachs Group Inc., Research Division

John M. Daniel - Simmons & Company International, Research Division

David Wilson - Howard Weil Incorporated, Research Division

Brian Uhlmer - Global Hunter Securities, LLC, Research Division

James D. Crandell - Dahlman Rose & Company, LLC, Research Division

John R. Keller - Stephens Inc., Research Division

Presentation

Operator

Good day, ladies and gentlemen. Welcome to the Q2 2012 Patterson-UTI Energy Inc. Earnings Conference Call. My name is Sheverly and I'll be your operator for today. [Operator Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like turn the conference over to your host for today, Mr. Mike Drickamer, Director of Investor Relations. Please proceed, sir.

James Michael Drickamer

Thank you, Sheverly. Good morning, and on behalf of Patterson-UTI Energy, I'd like to welcome you to today's conference call to discuss the results for the 3 and 6 months ended June 30, 2012. Participating in the call today will be Mark Siegel, Chairman; Doug Wall, President and Chief Executive Officer; Andy Hendricks, Chief Operating Officer; and John Vollmer, Chief Financial Officer.

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