William Andrew  Hendricks, Jr. net worth and biography

William Hendricks, Jr. Biography and Net Worth

Mr. Hendricks has served as President and Chief Executive Officer of Patterson-UTI since October 2012 and as a director of Patterson-UTI since June 2017. From April 2012 through September 2012, he served as Chief Operating Officer of Patterson-UTI. Prior to Patterson-UTI, Mr. Hendricks worked in a number of positions at Schlumberger for 24 years, where he last served as a drilling division President, having lived and worked around the world in the energy industry, offshore and onshore, and conducting business at times in Spanish and French. As CEO at Patterson-UTI, he has focused on transformation through investments in people and technology, growth through strategic acquisitions, improving diversity in recruiting and leadership and also enhancing the company’s sustainability and ESG position. Mr. Hendricks attended Texas A&M University, receiving a Bachelor of Science degree in Petroleum Engineering, and then began his career working on an offshore drilling rig in the Gulf of Mexico for Ocean Drilling & Exploration Company (currently Diamond Offshore). Mr. Hendricks is currently Vice Chair and a past Chairman of the International Association of Drilling Contractors, a member of the Society of Petroleum Engineers, an energy contributor on CNBC and has testified on energy matters with the U.S. Senate Committee on Energy and Natural Resources in Washington D.C.

What is William Andrew Hendricks, Jr.'s net worth?

The estimated net worth of William Andrew Hendricks, Jr. is at least $20.42 million as of July 18th, 2023. Mr. Hendricks, Jr. owns 1,886,874 shares of Patterson-UTI Energy stock worth more than $20,415,977 as of December 11th. This net worth evaluation does not reflect any other assets that Mr. Hendricks, Jr. may own. Learn More about William Andrew Hendricks, Jr.'s net worth.

How do I contact William Andrew Hendricks, Jr.?

The corporate mailing address for Mr. Hendricks, Jr. 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 William Andrew Hendricks, Jr.'s contact information.

Has William Andrew Hendricks, Jr. been buying or selling shares of Patterson-UTI Energy?

William Andrew Hendricks, Jr. has not been actively trading shares of Patterson-UTI Energy during the last ninety days. Most recently, William Andrew Hendricks, Jr. sold 200,000 shares of the business's stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $14.84, for a transaction totalling $2,968,000.00. Following the completion of the sale, the chief executive officer now directly owns 1,886,874 shares of the company's stock, valued at $28,001,210.16. Learn More on William Andrew Hendricks, Jr.'s 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 10 times. They sold a total of 466,380 shares worth more than $6,933,950.66. The most recent insider tranaction occured on December, 1st when Director Tiffany Thom Cepak sold 15,000 shares worth more than $176,700.00. Insiders at Patterson-UTI Energy own 2.4% of the company. Learn More about insider trades at Patterson-UTI Energy.

Information on this page was last updated on 12/1/2023.

William Andrew Hendricks, Jr. Insider Trading History at Patterson-UTI Energy

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/18/2023Sell200,000$14.84$2,968,000.001,886,874View SEC Filing Icon  
7/13/2023Sell100,000$14.06$1,406,000.002,086,874View SEC Filing Icon  
7/11/2022Sell100,000$13.76$1,376,000.001,801,374View SEC Filing Icon  
6/10/2022Sell200,000$18.07$3,614,000.001,901,374View SEC Filing Icon  
5/10/2022Sell100,000$14.37$1,437,000.002,201,374View SEC Filing Icon  
3/17/2022Sell100,000$15.04$1,504,000.00View SEC Filing Icon  
3/12/2020Buy50,000$2.04$102,000.001,144,724View SEC Filing Icon  
See Full Table

William Andrew Hendricks, Jr. Buying and Selling Activity at Patterson-UTI Energy

This chart shows William Andrew Hendricks Jr'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 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. 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: $10.84
Low: $10.74
High: $11.15

50 Day Range

MA: $12.48
Low: $10.82
High: $13.96

2 Week Range

Now: $10.84
Low: $9.70
High: $17.86


10,666,053 shs

Average Volume

4,651,863 shs

Market Capitalization

$4.52 billion

P/E Ratio


Dividend Yield