Corporate Governance


Corporate Governance

Patterson-UTI is committed to the highest standards of ethical conduct. Our Board of Directors has adopted the charters and policies listed below to reflect our corporate governance practices.

If you have a concern about Patterson-UTI's accounting, auditing and financial matters, books and records, breach of confidentiality, conflict of interest, discrimination, harassment or retaliation, fraud, misconduct, policy violations, safety, substance abuse, theft or other matters, please communicate your concern by calling our Corporate Governance Hotline at 1-844-66-SHARP or via the web by clicking SHARP Hotline. Information may be provided anonymously either by phone or via the website, and all reports will be kept confidential and only disclosed to those who need to know.

In accordance with applicable law, a person who in good faith submits a report through our SHARP Hotline system will not be retaliated against because of such a report.

Committee Composition

Director Skills and Experience

The table below summarizes some of the skills and experience that the Board believes each director possesses and are relevant to such director’s Board and committee service. This summary is not intended to be an exhaustive list of each of our directors’ skills or contributions, and the lack of a mark for a particular item does not necessarily mean that the director does not possess that skill or experience.










Accounting and Finance

Understanding of finance and public company financial reporting


Corporate Finance/Capital Markets

Corporate finance, capital markets and/or merger and acquisition experience



Corporate Governance

Corporate governance principles and process


Environmental and Safety

Safety and environmental regulations





Management and/or work experience with businesses operating outside of the United States




Human Resource Management

Human resource management and/or work experience







Satisfies the independence requirements of Nasdaq and the Securities and Exchange Commission


Industry and Operations

Operational and management experience in the oil and gas industry



Business and strategic management experience from service in a leadership position, such as a CEO, COO, CFO or other senior leadership position of a significant operating unit

Legal Background

Practiced law and/or has law degree





Prior Board Experience

Service on public company boards




Risk Oversight

Understanding significant risks facing companies


Developing and investing in new technologies