Patterson-UTI Energy, Inc. (PTEN)

NASDAQ: PTEN · Real-Time Price · USD
9.42
-0.99 (-9.51%)
At close: Apr 17, 2026, 4:00 PM EDT
9.42
0.00 (0.00%)
After-hours: Apr 17, 2026, 4:29 PM EDT
Market Cap3.58B +12.6%
Revenue (ttm)4.83B -10.3%
Net Income-93.64M
EPS-0.24
Shares Out 379.58M
PE Ration/a
Forward PEn/a
Dividend$0.40 (4.25%)
Ex-Dividend DateMar 2, 2026
Volume14,317,484
Open9.80
Previous Close10.41
Day's Range9.17 - 9.81
52-Week Range5.10 - 11.75
Beta0.57
AnalystsBuy
Price Target9.40 (-0.21%)
Earnings DateApr 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]

Sector Energy
IPO Date Nov 2, 1993
Employees 7,900
Stock Exchange NASDAQ
Ticker Symbol PTEN
Full Company Profile

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 Statements

Analyst Summary

According to 10 analysts, the average rating for PTEN stock is "Buy." The 12-month stock price target is $9.4, which is a decrease of -0.21% from the latest price.

Price Target
$9.4
(-0.21% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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.

9 days ago - Accesswire

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...

11 days ago - Accesswire

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...

6 weeks ago - Accesswire

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...

2 months ago - Accesswire

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.

2 months ago - Accesswire

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...

3 months ago - Accesswire

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.

3 months ago - Accesswire

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...

3 months ago - Accesswire

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...

4 months ago - Accesswire

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...

5 months ago - Accesswire

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.

6 months ago - Accesswire

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.

6 months ago - Accesswire

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...

7 months ago - Accesswire

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.

7 months ago - Accesswire

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 ...

7 months ago - Accesswire

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...

9 months ago - Accesswire

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.

9 months ago - Accesswire

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...

10 months ago - Accesswire

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.

10 months ago - Accesswire

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 ...

11 months ago - Accesswire

Patterson-UTI Reports Drilling Activity for April 2025

HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in the...

1 year ago - Accesswire

Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2025

HOUSTON, TX / ACCESS Newswire / April 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2025.

1 year ago - Accesswire

Patterson-UTI Reports Drilling Activity for March 2025

HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating i...

1 year ago - Accesswire

Patterson-UTI Reports Drilling Activity for February 2025

HOUSTON, TEXAS / ACCESS Newswire / March 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operatin...

1 year ago - Accesswire

Patterson-UTI Reports Drilling Activity for January 2025

HOUSTON, TX / ACCESS Newswire / February 11, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operatin...

1 year ago - Accesswire