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BHGE - Patterson-UTI CEO says no plans to invest in electric fracking fleets
Baker Hughes a GE company Class A
Patterson-UTI (NASDAQ:PTEN) has no plans to invest in electric hydraulic fracturing fleets, citing the high cost of building equipment and the oversupplied pressure pumping market, CEO Andy Hendricks says.
More news on: Patterson-UTI Energy, Inc., Baker Hughes, a GE company, Energy stocks news,