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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
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