Kenneth N. Berns
Net Worth

Last updated:

What is Kenneth N. Berns net worth?

The estimated net worth of Mr. Kenneth N. Berns is at least $29,032,420 as of 26 May 2022. He owns shares worth $3,708,353 as insider, has earned $9,967,817 from insider trading and has received compensation worth at least $15,356,250 in Patterson-UTI Energy, Inc..

What is the salary of Kenneth N. Berns?

Mr. Kenneth N. Berns salary is $731,250 per year as Executive Vice President & Chief Commercial Officer in Patterson-UTI Energy, Inc..

How old is Kenneth N. Berns?

Mr. Kenneth N. Berns is 65 years old, born in 1960.

What stocks does Kenneth N. Berns currently own?

As insider, Mr. Kenneth N. Berns owns shares in one company:

Company Title Shares Price per share Total value
Patterson-UTI Energy, Inc. (PTEN) Executive Vice President & Chief Commercial Officer 686,732 $5.4 $3,708,353

What does Patterson-UTI Energy, Inc. do?

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

PTEN logo
PTEN
Patterson-UTI Energy, Inc.
$5.4

Kenneth N. Berns insider trading

Patterson-UTI Energy, Inc.

Mr. Kenneth N. Berns has made 28 insider trades between 2004-2022, according to the Form 4 filled with the SEC. Most recently he sold 75,000 units of PTEN stock worth $1,417,500 on 26 May 2022.

The largest trade he's ever made was exercising 190,000 units of PTEN stock on 29 Mar 2013. As of 26 May 2022 he still owns at least 686,732 units of PTEN stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, $.01 par value per share 75,000 $18.9 $1,417,500
Sale
Common Stock, $.01 par value per share 12,000 $17.89 $214,680
Sale
Common Stock, $.01 par value per share 75,000 $17.89 $1,341,750
Sale
Common Stock, $.01 par value per share 75,000 $16.95 $1,271,250
Sale
Common Stock, $.01 par value per share 12,000 $16.89 $202,680
Sale
Common Stock, $.01 par value per share 12,000 $16.43 $197,160
Sale
Common Stock, $.01 par value per share 150,000 $16.1 $2,415,000
Option
Stock Option (Right to Buy) 160,000 $16.2 $2,592,000
Option
Common Stock, $.01 par value per share 160,000 $16.2 $2,592,000
Sale
Common Stock, $.01 par value per share 58,860 $15.37 $904,678
Sale
Common Stock, $.01 par value per share 61,140 $15.28 $934,219
Sale
Common Stock, $.01 par value per share 70,000 $15.27 $1,068,900
Option
Common Stock, $.01 par value per share 175,000 $13.17 $2,304,750
Option
Stock Option (Right to Buy) 175,000 $13.17 $2,304,750
Sale
Common Stock, $.01 par value per share 49,000 N/A N/A
Sale
Common Stock, $.01 par value per share 6,000 N/A N/A
Sale
Common Stock, $.01 par value per share 30,000 N/A N/A
Option
Stock Option (Right to Buy) 60,000 N/A N/A
Option
Common Stock, $.01 par value per share 60,000 N/A N/A
Option
Stock Option (Right to Buy) 190,000 N/A N/A
Option
Common Stock, $.01 par value per share 190,000 N/A N/A
Option
Common Stock, $.01 par value per share 133,600 N/A N/A
Option
Stock Option (Right to Buy) 50,000 N/A N/A
Sale
Common Stock, $.01 par value per share 143,600 N/A N/A
Option
Stock Options (Right to Buy) 84,500 N/A N/A
Option
Common Stock, $.01 par value per share 84,500 N/A N/A
Sale
Common Stock, $.01 par value per share 84,500 N/A N/A
Sale
Common Stock, $.01 par value per share 83,200 N/A N/A
Option
Common Stock, $.01 par value per share 83,200 N/A N/A
Option
Stock Options (Right to Buy) 83,200 N/A N/A
Option
Stock Options (Right to Buy) 101,800 N/A N/A
Option
Common Stock, $.01 par value per share 101,800 N/A N/A
Sale
Common Stock, $.01 par value per share 101,800 N/A N/A
Option
Stock Options (Right to Buy) 69,600 N/A N/A
Option
Common Stock, $.01 par value per share 69,600 N/A N/A
Sale
Common Stock, $.01 par value per share 69,600 N/A N/A
Option
Stock Options (Right to Buy) 53,700 N/A N/A
Option
Common Stock, $.01 par value per share 53,700 N/A N/A
Sale
Common Stock, $.01 par value per share 53,700 N/A N/A
Option
Stock Options (Right to Buy) 1,600 N/A N/A
Sale
Common Stock, $.01 par value per share 1,600 N/A N/A
Option
Common Stock, $.01 par value per share 1,600 N/A N/A
Sale
Common Stock, $.01 par value per share 22,000 N/A N/A
Option
Stock Options (Right to Buy) 22,000 N/A N/A
Option
Common Stock, $.01 par value per share 22,000 N/A N/A
Option
Stock Options (Right to Buy) 20,600 N/A N/A
Option
Common Stock, $.01 par value per share 20,600 N/A N/A
Sale
Common Stock, $.01 par value per share 40,600 N/A N/A
Option
Stock Options (Right to Buy) 137,600 N/A N/A
Sale
Common Stock, $.01 par value per share 137,600 N/A N/A
Option
Common Stock, $.01 par value per share 137,600 N/A N/A
Option
Common Stock, $.01 par value per share 6,300 N/A N/A
Option
Stock Options (Right to Buy) 6,300 N/A N/A
Sale
Common Stock, $.01 par value per share 6,300 N/A N/A
Option
Common Stock, $.01 par value per share 15,500 N/A N/A
Sale
Common Stock, $.01 par value per share 15,500 N/A N/A
Option
Stock Options (Right to Buy) 15,500 N/A N/A
Sale
Common Stock, $.01 par value per share 10,000 N/A N/A
Option
Stock Option (Right to Buy) 26,520 N/A N/A
Sale
Common Stock, $.01 par value per share 26,520 N/A N/A
Option
Common Stock, $.01 par value per share 26,520 N/A N/A
Sale
Common Stock, $.01 par value per share 33,480 N/A N/A
Option
Common Stock, $.01 par value per share 33,480 N/A N/A
Option
Stock Option (Right to Buy) 33,480 N/A N/A

Patterson-UTI Energy key executives

Patterson-UTI Energy, Inc. executives and other stock owners filed with the SEC: