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William Andrew Hendricks, Jr. net worth and biography

William Hendricks, Jr. Biography and Net Worth

CEO of Patterson-UTI Energy

Mr. Hendricks has served as President and Chief Executive Officer of Patterson-UTI since October 2012 and as a director of Patterson-UTI since June 2017. From April 2012 through September 2012, he served as Chief Operating Officer of Patterson-UTI. Prior to Patterson-UTI, Mr. Hendricks worked in a number of positions at Schlumberger for 24 years, where he last served as a drilling division President, having lived and worked around the world in the energy industry, offshore and onshore, and conducting business at times in Spanish and French. As CEO at Patterson-UTI, he has focused on transformation through investments in people and technology, growth through strategic acquisitions, improving diversity in recruiting and leadership and also enhancing the company’s sustainability and ESG position. Mr. Hendricks attended Texas A&M University, receiving a Bachelor of Science degree in Petroleum Engineering, and then began his career working on an offshore drilling rig in the Gulf of Mexico for Ocean Drilling & Exploration Company (currently Diamond Offshore). Mr. Hendricks is currently Vice Chair and a past Chairman of the International Association of Drilling Contractors, a member of the Society of Petroleum Engineers, an energy contributor on CNBC and has testified on energy matters with the U.S. Senate Committee on Energy and Natural Resources in Washington D.C.

What is William Andrew Hendricks, Jr.'s net worth?: The estimated net worth of William Andrew Hendricks, Jr. is at least $14.49 million as of July 18th, 2023. Mr. Hendricks, Jr. owns 1,886,874 shares of Patterson-UTI Energy stock worth more than $14,491,192 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Hendricks, Jr. may own. Learn More about William Andrew Hendricks, Jr.'s net worth.
How do I contact William Andrew Hendricks, Jr.?: The corporate mailing address for Mr. Hendricks, Jr. and other Patterson-UTI Energy executives is 10713 WEST SAM HOUSTON PARKWAY NORTH SUITE 800, HOUSTON TX, 77064. Patterson-UTI Energy can also be reached via phone at (281) 765-7100 and via email at [email protected]. Learn More on William Andrew Hendricks, Jr.'s contact information.
Has William Andrew Hendricks, Jr. been buying or selling shares of Patterson-UTI Energy?: William Andrew Hendricks, Jr. has not been actively trading shares of Patterson-UTI Energy in the last ninety days. Most recently, William Andrew Hendricks, Jr. sold 200,000 shares of the business's stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $14.84, for a transaction totalling $2,968,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,886,874 shares of the company's stock, valued at $28,001,210.16. Learn More on William Andrew Hendricks, Jr.'s trading history.
Who are Patterson-UTI Energy's active insiders?: Patterson-UTI Energy's insider roster includes Kenneth Berns (EVP), Tiffany Cepak (Director), William Hendricks, Jr. (CEO), James Holcomb (Insider), Charles Smith (CFO), and Seth Wexler (SVP). Learn More on Patterson-UTI Energy's active insiders.
Are insiders buying or selling shares of Patterson-UTI Energy?: In the last year, insiders at the oil and gas company sold shares 3 times. They sold a total of 417,916 shares worth more than $4,525,554.68. The most recent insider tranaction occured on December, 18th when Director James Carl Stewart sold 80,000 shares worth more than $588,800.00. Insiders at Patterson-UTI Energy own 2.3% of the company. Learn More about insider trades at Patterson-UTI Energy.
Information on this page was last updated on 12/18/2024.

William Andrew Hendricks, Jr. Insider Trading History at Patterson-UTI Energy

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
7/18/2023	Sell	200,000	$14.84	$2,968,000.00	1,886,874
7/13/2023	Sell	100,000	$14.06	$1,406,000.00	2,086,874
7/11/2022	Sell	100,000	$13.76	$1,376,000.00	1,801,374
6/10/2022	Sell	200,000	$18.07	$3,614,000.00	1,901,374
5/10/2022	Sell	100,000	$14.37	$1,437,000.00	2,201,374
3/17/2022	Sell	100,000	$15.04	$1,504,000.00
3/12/2020	Buy	50,000	$2.04	$102,000.00	1,144,724

William Andrew Hendricks, Jr. Buying and Selling Activity at Patterson-UTI Energy

Patterson-UTI Energy Company Overview

Patterson-UTI Energy, Inc., through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and involved in the power solutions natural gas fueling, and logistics and storage businesses. The Drilling Products segment manufactures and distributes drill bits for energy and mining markets. It also provides software and services, such as MWD Survey FDIR, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir; and rents oilfield tools. The company was founded in 1978 and is headquartered in Houston, Texas.

Today's Range

Now: $7.68

$7.15

$7.70

50 Day Range

MA: $8.03

$7.26

$8.70

2 Week Range

Now: $7.68

$7.15

$12.65

Volume

30,150,195 shs

Average Volume

7,391,159 shs

Market Capitalization

$2.99 billion

P/E Ratio

N/A

Dividend Yield

4.36%

Beta

2.12

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