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Patterson-UTI Energy Inc (PTEN)

US · Energy · Oil & Gas Drilling

$12.030.00%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$1.23B
Revenue YoY
+0.7%
Net profit
$-19.6M
EPS
$-0.06
EPS estimate
$-0.03
Net margin
-1.6%

EPS came in at -0.06 against a street estimate of -0.03 — a miss of 100.0%.

Key statistics

Market cap
$4.90B
Forward P/E
41.5
P/B
1.58
Book value
$8.13
EPS (TTM)
$-0.24
Dividend yield
2.79%
52-week high
$13.39
52-week low
$4.89
50-day MA
$10.90
200-day MA
$9.62
Beta
0.67

Analyst view

Analysts rate Patterson-UTI Energy Inc a buy (8 buy, 6 hold, 1 sell out of 15) with an average price target of $14.07.

From the latest earnings call · 2026-07-30

CONFIDENT Patterson-UTI beat Q2 expectations with 10% revenue growth and strong pricing gains in drilling (+10-15%) and completions. Rig count accelerating faster than expected; frac market essentially sold out on high-end gas equipment. Management guides Q3 drilling GP ~$145M, completions ~$140M. Q2 2026 Exiting Colombia due to aging SCR rig fleet, unfavorable political environment, and uneconomical upgrade path. Argentina opportunity emerging via Archer partnership; longer-term potential as infrastructure develops. Analysts pressed sustainability of pricing gains and CapEx timing; management emphasized contract lock-in duration, tight market fundamentals, and willingness to add capacity once demand signals firm—managing shareholder expectations on return timing while positioning for 2027 inflection. 2026-07-30…

Full summary in the app.

Shareholding

Insiders
1.99%
Institutions
116.90%

Largest institutional holders

FundStake
BlackRock Inc15.96%
Vanguard Portfolio Management, LLC7.10%
Dimensional Fund Advisors, Inc.5.97%
Vanguard Capital Management, LLC4.36%
American Century Companies Inc4.26%
The Goldman Sachs Group Inc3.99%
State Street Corp3.93%
Sourcerock Group LLC3.82%

Recent filings & reports

DocumentDate
Reg FD disclosure · Q3 2026
PATTERSON-UTI ENERGY, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • No specific financial metrics or headline numbers are disclosed in this Form 8-K fi
2026-09-08
Quarterly report · Q2 2026
PATTERSON-UTI ENERGY, INC. - Q2 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Operating Revenues (Six Months 2026): $2,345.3 million vs. $2,499.9 milli
2026-08-04
Results announced · Q3 2026
PATTERSON-UTI ENERGY Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Total Revenue Q2 2026: $1.2 billion, up 10% sequentially from Q1 2026 • Net Loss At
2026-07-30
Board / officer change · Q2 2026
PATTERSON-UTI ENERGY, INC. – FORM 8-K SUMMARY June 4, 2026 --- HEADLINE NUMBERS • $482.5 million in 3.95% Senior Notes due 2028 redeemed at 100% of
2026-06-04
Reg FD disclosure · Q2 2026
PATTERSON-UTI ENERGY, INC. - FORM 8-K SUMMARY HEADLINE NUMBERS • No specific financial metrics provided in this filing – this is a disclosure form a
2026-05-26
Quarterly report · Q1 2026
PATTERSON-UTI ENERGY, INC. — Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Q1 2026 Net Loss: $(24.6) million, or $(0.06) per share (diluted), versus net i
2026-04-28
Proxy statement · Q4 2025
PATTERSON-UTI ENERGY, INC. — 2026 PROXY STATEMENT SUMMARY --- EXECUTIVE COMPENSATION AT A GLANCE • CEO William A. Hendricks, Jr. 2025 Total Compens
2026-04-13
Annual report FY2025
PATTERSON-UTI ENERGY, INC. — 10-K SUMMARY FOR RETAIL INVESTORS HEADLINE NUMBERS • Company: Patterson-UTI Energy, Inc. (NASDAQ: PTEN), Houston, Texas
2026-02-10

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$0.10 / share
ex-date Sep 1, 2026 · pay Sep 15, 2026
2026-09-01
Dividend$0.10 / share
ex-date Jun 1, 2026 · pay Jun 15, 2026
2026-06-01
Dividend$0.10 / share
ex-date Mar 2, 2026 · pay Mar 16, 2026
2026-03-02
Dividend$0.08 / share
ex-date Dec 1, 2025 · pay Dec 15, 2025
2025-12-01
Dividend$0.08 / share
ex-date Sep 2, 2025 · pay Sep 15, 2025
2025-09-02

Deals & corporate news

AnnouncementDate
Updates to Q4 2025 guidance provided in investor presentation
Patterson-UTI Energy filed an 8-K on January 5, 2026, announcing that it will deliver an investor presentation containing updates to its previously issued guidance for Q4 2025. The actual pr
2026-01-05

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Data updated 2026-09-18.