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Home › Patterson-UTI Sees 60% Decline in Activity as Oil Prices Crater

 

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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