PTEN logo

PATTERSON-UTI ENERGY INC

PTENNASDAQ
πŸ† #1489 by market capEarnings Oct 28 Β· PostUS Equity
$10.60β–Ό $0.25 (βˆ’2.35%)
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🏦Market Cap
$4.02B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-10.3%
Declining
πŸ“ŠGross Margin
14.2%
Thin
πŸ’΅FCF Margin
3.8%
Moderate
βš–οΈP/S Ratio
0.9x
Cheap
Otter Score
72
Fair
No chart data available for PTEN.

Trading Snapshot

Day Range
$10.56 – $10.70
52-Week Range
$5.10 – $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)
βˆ’2.6%

Why Investors Own PTEN

  • βœ“High-growth profile β€” revenue up +35.2% YoY with expanding US Equity exposure.
  • βœ“Healthy economics β€” 72% gross margin and 13% free-cash-flow margin.
  • βœ“New products and segments could unlock additional revenue streams.
⚠️ Key Risks

Execution delays, intensifying competition, and valuation compression if growth decelerates.

PTEN logo

PATTERSON-UTI ENERGY INC

PTEN
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$4.8Bβ–Ό βˆ’10.3% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
4.8%β–Ό βˆ’10.5% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$25Mβ–Ό βˆ’97.2% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$372Mβ–Ό βˆ’25.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
379.2Mβ–Ό βˆ’2.6% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$860Mβ–² +$200M YoY
StockOtter Β· stockotter.space

About 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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
72/100

Analyst Ratings

β“˜
Consensus
Buy
22 analysts
Strong Buy4
Buy10
Hold7
Sell1
Strong Sell0
Ratings as of Sep 2026

Latest News & Updates

AccesswireΒ·21d ago

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

Defense WorldΒ·24d ago

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

Zacks Investment ResearchΒ·Aug 28

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?

GuruFocusΒ·Aug 27

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

AccesswireΒ·Aug 14

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.

Zacks Investment ResearchΒ·Aug 14

Oil Above $80: 2 Energy Stocks You Don't Want to Miss

Oil above $80 is boosting the outlook for Patterson-UTI and Cactus as Middle East tensions support crude prices and upstream activity.