Ethics and Business Conduct

Acting with honesty and integrity is one of our core values. We expect all employees, officers and directors to conduct themselves in a responsible, professional and ethical manner. Our actions must always uphold the integrity that is a cornerstone of our reputation.

Patterson-UTI Energy has a documented ethics and business conduct policy that explains the standards and principles that all employees, officers and directors must follow when working with employees, customers, and others. The policy addresses conflicts of interest, confidentiality, fair dealing with others, proper use of company assets, compliance with laws, insider trading, keeping of books and records, zero tolerance for discrimination and harassment in the work environment, use of company computers and communications equipment, and reporting of violations. Patterson-UTI Energy also has a dedicated Global Anticorruption Policy that applies to all of its operations. That policy prohibits all forms of bribery, addresses training, and provides the requirements for careful due diligence of potential partners and intermediaries.