PATTERSON-UTI ENERGY INC
PTENNASDAQTrading Snapshot
- Day Range
- $10.57 β $10.72
- 52-Week Range
- $5.10 β $13.39
- Volume
- $2.40B
- Avg Volume
- $3.12B
- Shares Outstanding
- 379.6M
- Next Earnings
- Nov 22, 2026
Fundamentals Snapshot
- Annual Revenue
- $4.83B
- Last Q Revenue
- $1.23B
- P/E Ratio
- -45.9
- P/S Ratio
- 0.9x
- EPS (TTM)
- $-0.24
- Dividend Yield
- 3.59%
- Dilution (1yr)
- β2.6%
Why Investors Own PTEN
- βHigh-growth profile β revenue up +35.2% YoY with expanding US Equity exposure.
- βHealthy economics β 72% gross margin and 13% free-cash-flow margin.
- βNew products and segments could unlock additional revenue streams.
Execution delays, intensifying competition, and valuation compression if growth decelerates.
PATTERSON-UTI ENERGY INC
PTENAbout PATTERSON-UTI ENERGY INC
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Analyst Price Target
βLatest News & Updates

Patterson-UTI Reports Drilling Activity for August 2026
HOUSTON, TX / ACCESS Newswire / September 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2026, the Company had an average of 101 drilling rigs operating in the United State

Patterson-UTI Energy, Inc. $PTEN Shares Acquired by AXQ Capital LP
AXQ Capital LP grew its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) by 523.3% in the second quarter, according to its most recent filing with the SEC. The firm owned 193,949 shares of the oil and gas

Why Is Patterson-UTI (PTEN) Up 24.5% Since Last Earnings Report?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?

Patterson-UTI Energy Inc (PTEN) Shares Surge 4.4% -- What GF Score of 60 Tells Investors
On August 27, 2026, Patterson-UTI Energy Inc (PTEN) shares rose 4.4% to $12.26, continuing a strong upward trend over the past month. The stock has seen signifi

Patterson-UTI Reports Drilling Activity for July 2026
HOUSTON, TX / ACCESS Newswire / August 14, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2026, the Company had an average of 98 drilling rigs operating in the United States.

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