Patterson-UTI Energy, Inc. (PTEN)
| Market Cap | 4.49B |
| Revenue (ttm) | 4.66B |
| Net Income (ttm) | -119.27M |
| Shares Out | 379.62M |
| EPS (ttm) | -0.31 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.40 (3.38%) |
| Ex-Dividend Date | Jun 1, 2026 |
| Volume | 7,629,110 |
| Open | 11.80 |
| Previous Close | 11.46 |
| Day's Range | 11.58 - 11.93 |
| 52-Week Range | 5.10 - 11.93 |
| Beta | 0.57 |
| Analysts | Buy |
| Price Target | 10.80 (-8.63%) |
| Earnings Date | Apr 22, 2026 |
About PTEN
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motor... [Read more]
Financial Performance
In 2025, Patterson-UTI Energy's revenue was $4.83 billion, a decrease of -10.25% compared to the previous year's $5.38 billion. Losses were -$93.64 million, -90.33% less than in 2024.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for PTEN stock is "Buy." The 12-month stock price target is $10.8, which is a decrease of -8.63% from the latest price.
News
Patterson-UTI Energy Earnings Call Transcript: Q1 2026
Q1 2026 saw strong operational execution and technology-driven performance, with revenue of $1.117B and adjusted EBITDA of $205M. Market conditions are improving, with higher U.S. shale activity expected and disciplined capital allocation focused on technology and shareholder returns.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2026
HOUSTON, TX / ACCESS Newswire / April 22, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2026.
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESS Newswire / April 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, April 23, 2026, at 9:00 a.m.
Patterson-UTI Reports Drilling Activity for March 2026
HOUSTON, TX / ACCESS Newswire / April 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2026, the Company had an average of 90 drilling rigs operating in th...
Patterson-UTI Reports Drilling Activity for February 2026
HOUSTON, TX / ACCESS Newswire / March 4, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2026, the Company had an average of 93 drilling rigs operating in...
Patterson-UTI Reports Drilling Activity for January 2026
HOUSTON, TEXAS / ACCESS Newswire / February 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2026, the Company had an average of 94 drilling rigs operati...
Patterson-UTI Energy Earnings Call Transcript: Q4 2025
Q4 2025 saw strong free cash flow, steady segment performance, and a 25% dividend increase, despite commodity volatility. Technology investments and international expansion support a positive outlook, with CapEx reduced and robust shareholder returns maintained.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2025
HOUSTON, TEXAS / ACCESS Newswire / February 4, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2025.
Patterson-UTI Signs Multi-Year Agreement to Lease Two Rigs to Archer for Argentina's Vaca Muerta Field
HOUSTON, TEXAS / ACCESS Newswire / January 15, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced a multi-year agreement to lease two high-spec APEX 150...
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESS Newswire / January 13, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 5, 2026, at 9:00 a.m.
Patterson-UTI Reports Drilling Activity for December 2025
HOUSTON, TEXAS / ACCESS Newswire / January 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2025, the Company had an average of 93 drilling rigs operati...
Patterson-UTI Reports Drilling Activity for November 2025
HOUSTON, TX / ACCESS Newswire / December 9, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2025, the Company had an average of 93 drilling rigs operating...
Patterson-UTI Reports Drilling Activity for October 2025
HOUSTON, TEXAS / ACCESS Newswire / November 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2025, the Company had an average of 94 drilling rigs operati...
Patterson-UTI Energy Earnings Call Transcript: Q3 2025
Q3 2025 saw resilient performance with $1.176B revenue, strong free cash flow, and continued investment in technology. Activity and margins held steady despite a challenging market, with disciplined capital allocation and a commitment to return at least 50% of free cash flow to shareholders.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2025
HOUSTON, TEXAS / ACCESS Newswire / October 22, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended September 30, 2025.
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESS Newswire / October 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, October 23, 2025, at 9:00 a.m.
Patterson-UTI Reports Drilling Activity for September 2025
HOUSTON, TEXAS / ACCESS Newswire / October 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2025, the Company had an average of 93 drilling rigs operat...
Patterson-UTI Energy Congratulates Leslie Beyer following her Confirmation as the Assistant Secretary for Land and Minerals Management at the U.S. Department of the Interior; Beyer Resigns her Patterson-UTI Director Position
HOUSTON, TEXAS / ACCESS Newswire / September 19, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) is pleased to congratulate Leslie Beyer following her confirmation by the U.
Patterson-UTI Reports Drilling Activity for August 2025
HOUSTON, TX / ACCESS Newswire / September 8, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2025, the Company had an average of 94 drilling rigs operating ...
Patterson-UTI Reports Drilling Activity for July 2025
HOUSTON, TEXAS / ACCESS Newswire / August 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2025, the Company had an average of 98 drilling rigs operating in...
Patterson-UTI Energy Earnings Call Transcript: Q2 2025
Q2 2025 featured resilient margins, strong cash flow, and robust adoption of digital and automation tech, despite oil market volatility and cautious customer activity. Guidance calls for steady Q3 performance and increased free cash flow in H2 2025.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2025
HOUSTON, TX / ACCESS Newswire / July 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2025.
Patterson-UTI Reports Drilling Activity for June 2025
HOUSTON, TX / ACCESS Newswire / July 7, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2025, the Company had an average of 101 drilling rigs operating in the...
Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESS Newswire / July 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, July 24, 2025, at 9:00 a.m.
Patterson-UTI Reports Drilling Activity for May 2025
HOUSTON, TX / ACCESS Newswire / June 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2025, the Company had an average of 103 drilling rigs operating in the ...