James Holcomb Biography and Net Worth



James M. Holcomb serves as President of Patterson-UTI Drilling Company LLC of the Company. Mr. Holcomb has served as President of Patterson-UTI Drilling Company LLC since January 2012. Mr. Holcomb came to Patterson-UTI in February 1998 with the acquisition of Robertson Onshore Drilling Company and since that time has served in numerous operational management roles, including as Senior Vice President of Operations of Patterson-UTI Drilling Company LLC from April 2006 to January 2012. Mr. Holcomb has over 30 years of experience in contract drilling operations. Mr. Holcomb holds a Bachelor of Science Degree in Business Management from LeTourneau University.

What is James Michael Holcomb's net worth?

The estimated net worth of James Michael Holcomb is at least $4.07 million as of August 23rd, 2022. Mr. Holcomb owns 348,109 shares of Patterson-UTI Energy stock worth more than $4,065,913 as of September 30th. This net worth estimate does not reflect any other assets that Mr. Holcomb may own. Additionally, Mr. Holcomb receives a salary of $941,600.00 as Insider at Patterson-UTI Energy. Learn More about James Michael Holcomb's net worth.

How old is James Michael Holcomb?

Mr. Holcomb is currently 59 years old. There are 4 older executives and no younger executives at Patterson-UTI Energy. The oldest executive at Patterson-UTI Energy is Mr. Kenneth N. Berns CPA, Exec. VP & Chief Commercial Officer, who is 62 years old. Learn More on James Michael Holcomb's age.

What is James Michael Holcomb's salary?

As the Insider of Patterson-UTI Energy, Inc., Mr. Holcomb earned a total compensation package of $2,077,572.00 in 2021. Mr. Holcomb earned a salary of $465,000.00, stock awards of $1,135,972.00, non-equity compensation of $465,000.00, and other compensation of $11,600.00.There are 4 executives that earn more than Mr. Holcomb. The highest earning executive at Patterson-UTI Energy is Mr. William Andrew Hendricks Jr., Pres, CEO & Director, who commands a salary of $2,570,000.00 per year. Learn More on James Michael Holcomb's salary.

How do I contact James Michael Holcomb?

The corporate mailing address for Mr. Holcomb and other Patterson-UTI Energy executives is 10713 WEST SAM HOUSTON PARKWAY NORTH SUITE 800, HOUSTON TX, 77064. Patterson-UTI Energy can also be reached via phone at (281) 765-7100 and via email at [email protected] Learn More on James Michael Holcomb's contact information.

Has James Michael Holcomb been buying or selling shares of Patterson-UTI Energy?

During the last ninety days, James Michael Holcomb has sold $269,239.23 of Patterson-UTI Energy stock. Most recently, James Michael Holcomb sold 8,333 shares of the business's stock in a transaction on Tuesday, August 23rd. The shares were sold at an average price of $16.00, for a transaction totalling $133,328.00. Following the completion of the sale, the insider now directly owns 348,109 shares of the company's stock, valued at $5,569,744. Learn More on James Michael Holcomb's trading history.

Who are Patterson-UTI Energy's active insiders?

Patterson-UTI Energy's insider roster includes Kenneth Berns (EVP), William Hendricks, Jr. (CEO), James Holcomb (Insider), Charles Smith (CFO), and Seth Wexler (SVP). Learn More on Patterson-UTI Energy's active insiders.

Are insiders buying or selling shares of Patterson-UTI Energy?

In the last year, insiders at the oil and gas company sold shares 18 times. They sold a total of 1,086,379 shares worth more than $17,388,356.84. The most recent insider tranaction occured on August, 23rd when insider James Michael Holcomb sold 8,333 shares worth more than $133,328.00. Insiders at Patterson-UTI Energy own 2.7 % of the company. Learn More about insider trades at Patterson-UTI Energy.

Information on this page was last updated on 8/23/2022.

James Michael Holcomb Insider Trading History at Patterson-UTI Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/23/2022Sell8,333$16.00$133,328.00348,109View SEC Filing Icon  
7/29/2022Sell8,333$16.31$135,911.23356,442View SEC Filing Icon  
6/13/2022Sell8,333$17.45$145,410.85364,775View SEC Filing Icon  
3/1/2022Sell66,730$14.09$940,225.70View SEC Filing Icon  
6/9/2014Sell44,445$33.63$1,494,685.35View SEC Filing Icon  
See Full Table

James Michael Holcomb Buying and Selling Activity at Patterson-UTI Energy

This chart shows James Michael Holcomb's buying and selling at Patterson-UTI Energy by year and by quarter.

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Patterson-UTI Energy Company Overview

Patterson-UTI Energy logo
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.
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Today's Range

Now: $11.68
Low: $11.39
High: $11.92

50 Day Range

MA: $14.53
Low: $10.86
High: $16.55

2 Week Range

Now: $11.68
Low: $6.70
High: $20.53

Volume

2,735,749 shs

Average Volume

3,536,442 shs

Market Capitalization

$2.53 billion

P/E Ratio

N/A

Dividend Yield

1.35%

Beta

2.25
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