Friday, February 9, 2018

Houston, TX-Based Oil Driller Patterson-UTI Energy Recorded a Tax Benefit of $219 Mil in the 4Q 2017 Resulting From the Puzzling, Lucrative US Tax Debt Forgiveness Feature in the Texas-Favored US Trump Tax Bill ....................................................................................... This $219 Mil Income Tax Benefit Comprised 112% of Its Total Net Income of $195 Mil in the 4Q 2017