Hints and tips:
...The combined company, which will also have operations in Latin America, will be led by Patterson-UTI chief executive Andy Hendricks....
...On Thursday, Patterson-UTI Energy and NexTier Oilfield Solutions agreed to merge in an all-stock deal that would create a bigger provider with an enterprise value of $5.4bn....
...New approaches to production, especially fracking and horizontal drilling, helped the US to transform from a large net importer to a net exporter of natural gas as of 2017....
...“It’s one more arrow in the quiver of opponents,” said Paul Patterson, an analyst at Glenrock Associates. “Environmentalists seem to be going after the economics more.”...
...Patterson-UTI Energy shares rallied after JPMorgan upgraded the company, which said it had agreed to acquire privately owned Multi-Shot, a directional drilling services company....
...Gavin Patterson’s Byronic curls will have regained their bounce this morning....
...Gavin Patterson, chief executive of BT, played down regulatory concerns about the merger of Britain’s largest fixed-line network with the largest mobile group....
...Weir rose 0.6 per cent to £20.78 after Patterson UTI Energy reported a surge in demand for fracking equipment....
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