Patterson-UTI Energy, Inc. (PTEN) Q4 2024 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.477 Thank you for standing by. My name is Rebecca and I will be your conference operator 00:00:04.477 -- 00:00:10.124 today. At this time, I would like to welcome everyone to the Patterson UTI 00:00:10.124 -- 00:00:15.150 fourth quarter earnings conference call. All lines have been placed on mute to 00:00:15.150 -- 00:00:20.076 prevent any background noise. After the speaker's remarks, there will be a question and 00:00:20.076 -- 00:00:25.322 answer session. If you would like to ask a question during this time, simply press star 00:00:25.322 -- 00:00:28.465 followed by the number one on your telephone keypad. 00:00:28.465 -- 00:00:31.910 If you would like to withdraw your question, press star 1 again. 00:00:31.910 -- 00:00:37.117 Thank you. I would now like to turn the call over to Michael Sabella, Vice 00:00:37.117 -- 00:00:40.322 President of Investor Relations. Please go ahead. 00:00:40.322 -- 00:00:41.904 Thank 00:00:41.904 -- 00:00:46.831 you, Rebecca. Good morning, and welcome to Patterson UTI's earnings conference call to 00:00:46.831 -- 00:00:51.478 discuss our fourth quarter 2024 results. With me today are Andy Hendricks, President 00:00:51.478 -- 00:00:55.448 and Chief Executive Officer, and Andy Smith, Chief Financial Officer. 00:00:55.448 -- 00:00:59.593 As a reminder, statements that are made in this conference call that refer to the company's 00:00:59.593 -- 00:01:04.359 or management's plans, intentions, targets, beliefs, expectations, or predictions for 00:01:04.359 -- 00:01:07.484 the future are considered forward-looking statements. 00:01:07.484 -- 00:01:11.829 These forward-looking statements are subject to risks and uncertainties as disclosed 00:01:11.829 -- 00:01:16.435 in the company's SEC filings, which could cau...