Patterson-UTI: High Torque To Increased Natural Gas Activity
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Patterson-UTI is poised to benefit from increased natural gas activity, particularly in the Haynesville shale, which could improve margins. LNG exports are expected to increase by the end of 2025, potentially boosting natural gas-related activities.
February 13, 2025 | 1:00 pm
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Patterson-UTI is expected to benefit from increased natural gas activity in the Haynesville shale, which could improve margins. The anticipated rise in LNG exports by 2025 may further enhance natural gas-related activities.
The article highlights Patterson-UTI's potential to benefit from increased natural gas activity, particularly in the Haynesville shale. This is expected to improve margins. Additionally, the anticipated increase in LNG exports by 2025 could further drive natural gas-related activities, positively impacting Patterson-UTI's business.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90