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Kenneth N. Berns net worth and biography

Kenneth Berns Biography and Net Worth

EVP of Patterson-UTI Energy

Mr. Berns has served as Executive Vice President and Chief Commercial Officer of Patterson-UTI since May 2017. Mr. Berns served as a director of Patterson-UTI from May 2001 to June 2017 and as Senior Vice President of Patterson-UTI from April 2003 to May 2017. Mr. Berns served as a director of UTI from 1995 to May 2001. Mr. Berns has been an executive with REMY Investors since 1994. Mr. Berns holds a Bachelor’s Degree in Business Administration from San Diego State University and a Master’s Degree in Taxation from Golden Gate University.

What is Kenneth N. Berns' net worth?: The estimated net worth of Kenneth N. Berns is at least $8.58 million as of May 25th, 2022. Mr. Berns owns 761,732 shares of Patterson-UTI Energy stock worth more than $8,577,102 as of April 25th. This net worth evaluation does not reflect any other investments that Mr. Berns may own. Additionally, Mr. Berns receives a salary of $1,430,000.00 as EVP at Patterson-UTI Energy. Learn More about Kenneth N. Berns' net worth.
How old is Kenneth N. Berns?: Mr. Berns is currently 64 years old. There are 4 older executives and no younger executives at Patterson-UTI Energy. Learn More on Kenneth N. Berns' age.
What is Kenneth N. Berns' salary?: As the EVP of Patterson-UTI Energy, Inc., Mr. Berns earns $1,430,000.00 per year. There are 2 executives that earn more than Mr. Berns. The highest earning executive at Patterson-UTI Energy is Mr. William Andrew Hendricks Jr., President, CEO & Director, who commands a salary of $3,200,000.00 per year. Learn More on Kenneth N. Berns' salary.
How do I contact Kenneth N. Berns?: The corporate mailing address for Mr. Berns 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 Kenneth N. Berns' contact information.
Has Kenneth N. Berns been buying or selling shares of Patterson-UTI Energy?: Kenneth N. Berns has not been actively trading shares of Patterson-UTI Energy during the last quarter. Most recently, Kenneth N. Berns sold 75,000 shares of the business's stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $17.89, for a transaction totalling $1,341,750.00. Following the completion of the sale, the executive vice president now directly owns 761,732 shares of the company's stock, valued at $13,627,385.48. Learn More on Kenneth N. Berns' trading history.
Who are Patterson-UTI Energy's active insiders?: Patterson-UTI Energy's insider roster includes Kenneth Berns (EVP), Tiffany Cepak (Director), 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 11 times. They sold a total of 654,296 shares worth more than $9,138,205.34. The most recent insider tranaction occured on February, 29th when Director Robert Wayne Drummond Jr sold 187,916 shares worth more than $2,204,254.68. Insiders at Patterson-UTI Energy own 2.3% of the company. Learn More about insider trades at Patterson-UTI Energy.
Information on this page was last updated on 2/29/2024.

Kenneth N. Berns Insider Trading History at Patterson-UTI Energy

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
5/25/2022	Sell	75,000	$17.89	$1,341,750.00	761,732
3/23/2022	Sell	58,860	$15.37	$904,678.20
3/21/2022	Sell	61,140	$15.28	$934,219.20
6/12/2014	Sell	85,000	$33.62	$2,857,700.00

Kenneth N. Berns Buying and Selling Activity at Patterson-UTI Energy

Patterson-UTI Energy Company Overview

Patterson-UTI Energy, Inc., through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and involved in the power solutions natural gas fueling, and logistics and storage businesses. The Drilling Products segment manufactures and distributes drill bits for energy and mining markets. It also provides software and services, such as MWD Survey FDIR, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir; and rents oilfield tools. The company was founded in 1978 and is headquartered in Houston, Texas.

Today's Range

Now: $11.26

$11.15

$11.49

50 Day Range

MA: $11.75

$11.22

$12.52

2 Week Range

Now: $11.26

$9.70

$16.17

Volume

5,560,434 shs

Average Volume

5,699,857 shs

Market Capitalization

$4.54 billion

P/E Ratio

11.15

Dividend Yield

2.78%

Beta

2.21

The A.I. story nobody is telling you (Read ASAP)

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There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...

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Kenneth Berns Biography and Net Worth

What is Kenneth N. Berns' net worth?

How old is Kenneth N. Berns?

What is Kenneth N. Berns' salary?

How do I contact Kenneth N. Berns?

Has Kenneth N. Berns been buying or selling shares of Patterson-UTI Energy?

Who are Patterson-UTI Energy's active insiders?

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