William Andrew Hendricks Jr.
Net Worth
Last updated:
What is William Andrew Hendricks Jr. net worth?
The estimated net worth of Mr. William Andrew Hendricks Jr. is at least $32,272,950 as of 18 Jul 2023. He owns shares worth $10,189,120 as insider, has earned $13,883,830 from insider trading and has received compensation worth at least $8,200,000 in Patterson-UTI Energy, Inc..
What is the salary of William Andrew Hendricks Jr.?
Mr. William Andrew Hendricks Jr. salary is $1,640,000 per year as Pres, Chief Executive Officer & Director in Patterson-UTI Energy, Inc..
How old is William Andrew Hendricks Jr.?
Mr. William Andrew Hendricks Jr. is 60 years old, born in 1965.
What stocks does William Andrew Hendricks Jr. currently own?
As insider, Mr. William Andrew Hendricks Jr. owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Patterson-UTI Energy, Inc. (PTEN) | Pres, Chief Executive Officer & Director | 1,886,874 | $5.4 | $10,189,120 |
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.
William Andrew Hendricks Jr. insider trading
Patterson-UTI Energy, Inc.
Mr. William Andrew Hendricks Jr. has made 9 insider trades between 2020-2023, according to the Form 4 filled with the SEC. Most recently he sold 200,000 units of PTEN stock worth $2,968,000 on 18 Jul 2023.
The largest trade he's ever made was exercising 597,000 units of PTEN stock on 5 May 2023. As of 18 Jul 2023 he still owns at least 1,886,874 units of PTEN stock.
Patterson-UTI Energy key executives
Patterson-UTI Energy, Inc. executives and other stock owners filed with the SEC:
- Mr. C. Andrew Smith (54) Executive Vice President & Chief Financial Officer
- Mr. James Michael Holcomb (62) Pres of UTI Drilling Company LLC
- Mr. Kenneth N. Berns (65) Executive Vice President & Chief Commercial Officer
- Mr. Seth D. Wexler (53) Senior Vice President, Gen. Counsel & Sec.
- Mr. William Andrew Hendricks Jr. (60) Pres, Chief Executive Officer & Director