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Patterson-UTI Energy, Inc. (PTEN)

12.42 -0.13 (-1.04%)
At close: September 4 at 4:00:00 PM EDT
12.65 +0.23 (+1.85%)
After hours: September 4 at 7:59:52 PM EDT
Trade PTEN on Coinbase
Chart Range Bar
Loading chart for PTEN
  • Previous Close 12.55
  • Open 12.38
  • Bid 10.53 x 100
  • Ask 14.11 x 100
  • Day's Range 12.23 - 12.48
  • 52 Week Range 5.10 - 13.31
  • Volume 6,582,213
  • Avg. Volume 9,091,043
  • Market Cap (intraday) 4.737B
  • Beta (5Y Monthly) 0.67
  • PE Ratio (TTM) --
  • EPS (TTM) -0.24
  • Earnings Date (est.) Oct 21, 2026
  • Forward Dividend & Yield 0.40 (3.19%)
  • Ex-Dividend Date Sep 1, 2026
  • 1y Target Est 14.07

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 motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, 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; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

www.patenergy.com

7,900

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PTEN
109.20%
S&P 500 (^GSPC)
12.75%

1-Year Return

PTEN
122.31%
S&P 500 (^GSPC)
18.71%

3-Year Return

PTEN
5.57%
S&P 500 (^GSPC)
70.93%

5-Year Return

PTEN
86.50%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 1.23B
Earnings -19.6M
Profit Margin -1.60%

Q3

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
200M
400M
600M
800M
1B
1B
-3.0%
-2.5%
-2.0%
-1.5%
-1.0%

Analyst Insights

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Analyst Price Targets

12.00
14.07 Average
12.42 Current
19.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/4/2026
Analyst Citigroup
Rating Action Maintains
Rating Neutral
Price Action Raises
Price Target 10.5 -> 13.5

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -1.92%

  • Return on Assets (ttm)

    -0.55%

  • Return on Equity (ttm)

    -2.77%

  • Revenue (ttm)

    4.67B

  • Net Income Avi to Common (ttm)

    -89.72M

  • Diluted EPS (ttm)

    -0.24

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    201.02M

  • Total Debt/Equity (mrq)

    41.38%

  • Levered Free Cash Flow (ttm)

    273.73M

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