Patterson-UTI Energy, Inc. (FRA:PE1)

Germany flag Germany · Delayed Price · Currency is EUR
7.96
-0.32 (-3.84%)
At close: Jul 17, 2026
Market Cap3.32B +69.8%
Revenue (ttm)4.04B -9.4%
Net Income-103.44M
EPS-0.27
Shares Out n/a
PE Ration/a
Forward PEn/a
Dividend0.31 (3.86%)
Ex-Dividend DateJun 1, 2026
Volumen/a
Open7.96
Previous Close8.28
Day's Range7.96 - 7.96
52-Week Range4.24 - 11.25
Betan/a
Analystsn/a
Price Targetn/a
Earnings DateJul 30, 2026

About Patterson-UTI Energy

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]

Industry Oil and Gas Field Services, not elsewhere classified
Founded 1978
Employees 7,900
Stock Exchange Frankfurt Stock Exchange
Ticker Symbol PE1

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 numbers in USD Financial Statements

News

Patterson-UTI price target raised to $11 from $10 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Patterson-UTI (PTEN) to $11 from $10 and keeps an Equal Weight rating on the shares. Into Q2 results, the firm is about…

4 days ago - TheFly

Patterson-UTI price target lowered to $12.50 from $13.50 at BofA

BofA lowered the firm’s price target on Patterson-UTI (PTEN) to $12.50 from $13.50 and keeps a Buy rating on the shares. The firm updated estimates and targets as part of…

4 days ago - TheFly

Patterson-UTI upgraded to Overweight from Neutral at Piper Sandler

Piper Sandler upgraded Patterson-UTI (PTEN) to Overweight from Neutral with an unchanged price target of $13. The firm likes the entry point with the stock down over 20% from the…

5 days ago - TheFly

Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast

HOUSTON, TX / ACCESS Newswire / July 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, July 30, 2026, at 9:00 a.m.

10 days ago - Accesswire

Patterson-UTI price target lowered to $12 from $14 at Susquehanna

Susquehanna analyst Charles Minervino lowered the firm’s price target on Patterson-UTI (PTEN) to $12 from $14 and keeps a Positive rating on the shares. The firm updated its model ahead…

11 days ago - TheFly

Patterson-UTI reports June drilling activity

Patterson-UTI (PTEN) reported that for the month of June, the company had an average of 95 drilling rigs operating in the United States. For the three months ended June 30,…

13 days ago - TheFly

Patterson-UTI Reports Drilling Activity for June 2026

HOUSTON, TX / ACCESS Newswire / July 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2026, the Company had an average of 95 drilling rigs operating in the ...

13 days ago - Accesswire

Patterson-UTI price target lowered to $10.50 from $11 at Citi

Citi lowered the firm’s price target on Patterson-UTI (PTEN) to $10.50 from $11 and keeps a Neutral rating on the shares. The firm updated models in the land driller group,…

20 days ago - TheFly

Patterson-UTI price target raised to $15 from $14 at Stifel

Stifel analyst Stephen Gengaro raised the firm’s price target on Patterson-UTI (PTEN) to $15 from $14 and keeps a Buy rating on the shares. The firm is increasing its 2026-27…

4 weeks ago - TheFly

Patterson-UTI Reports Drilling Activity for May 2026

HOUSTON, TX / ACCESS Newswire / June 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2026, the Company had an average of 92 drilling rigs operating in the U...

6 weeks ago - Accesswire

Patterson-UTI price target lowered to $13 from $23 at Goldman Sachs

Goldman Sachs lowered the firm’s price target on Patterson-UTI (PTEN) to $13 from $23 and keeps a Buy rating on the shares. The firm views the company’s recently increased guidance…

6 weeks ago - TheFly

Patterson-UTI price target raised to $15 from $14 at RBC Capital

RBC Capital raised the firm’s price target on Patterson-UTI (PTEN) to $15 from $14 and keeps an Outperform rating on the shares after hosting meetings with its management team. The…

7 weeks ago - TheFly

Patterson-UTI price target raised to $14 from $13 at Susquehanna

Susquehanna raised the firm’s price target on Patterson-UTI (PTEN) to $14 from $13 and keeps a Positive rating on the shares. The firm updated its model and raised its 2Q26…

7 weeks ago - TheFly

Patterson-UTI price target raised to $13 from $12 at Piper Sandler

Piper Sandler raised the firm’s price target on Patterson-UTI (PTEN) to $13 from $12 and keeps a Neutral rating on the shares. The firm notes the company published an investor…

7 weeks ago - TheFly

Patterson-UTI Energy Slides: Investor presentation

Patterson-UTI Energy has posted slides in relation to its latest quarterly earnings report, which was published on May 23, 2026.

2 months ago - Filings

Patterson-UTI price target raised to $13.50 from $12 at BofA

BofA analyst Saurabh Pant raised the firm’s price target on Patterson-UTI (PTEN) to $13.50 from $12 and keeps a Buy rating on the shares. The firm, which is updating its…

2 months ago - TheFly

Patterson-UTI upgraded to Overweight from Equal Weight at Barclays

Barclays upgraded Patterson-UTI (PTEN) to Overweight from Equal Weight with a price target of $15, up from $10. The firm adjusted ratings and price targets in the energy services group,…

2 months ago - TheFly

Patterson-UTI reports an average of 88 drilling rigs in U.S. in April

Patterson-UTI (PTEN) reported that for the month of April, the company had an average of 88 drilling rigs operating in the United States.

2 months ago - TheFly

Patterson-UTI Reports Drilling Activity for April 2026

HOUSTON, TX / ACCESS Newswire / May 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2026, the Company had an average of 88 drilling rigs operating in the ...

2 months ago - Accesswire

Patterson-UTI price target raised to $10 from $8 at Barclays

Barclays raised the firm’s price target on Patterson-UTI (PTEN) to $10 from $8 and keeps an Equal Weight rating on the shares post the Q1 report. While the U.S. onshore…

2 months ago - TheFly

Patterson-UTI price target raised to $14 from $11 at Stifel

Stifel raised the firm’s price target on Patterson-UTI (PTEN) to $14 from $11 and keeps a Buy rating on the shares.

3 months ago - TheFly

Patterson-UTI price target raised to $14 from $12 at RBC Capital

RBC Capital analyst Keith Mackey raised the firm’s price target on Patterson-UTI (PTEN) to $14 from $12 and keeps an Outperform rating on the shares. The company reported solid results…

3 months ago - TheFly

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.

3 months ago - Transcripts

Patterson-UTI Energy Earnings release: Q1 2026

Patterson-UTI Energy released its Q1 2026 earnings on April 23, 2026, summarizing the period's financial results.

3 months ago - Filings

Patterson-UTI Energy Quarterly report: Q1 2026

Patterson-UTI Energy has published its Q1 2026 quarterly earnings report on April 23, 2026.

3 months ago - Filings