Is Patterson-UTI Energy, Inc. (PTEN) a Buy, Sell, or Hold?
NASDAQ : PTEN
Patterson-UTI Energy, Inc.
$10.27 USD
-$0.21 (-2.0%)
- Volume
- 8.93M
- Average Volume
- 9.06M
- Market Capitalization
- $3.9B
- P/E Ratio
- -44.52
- Dividend Yield
- 3.51%
- Price Target
- $13.00
- Year High
- $13.08
- Year Low
- $5.10
- Day High
- —
- Day Low
- —
- Payout Ratio
- -$1.53
- Current Ratio
- $1.75
Company Overview
NASDAQ
William Andrew Hendricks Jr.
Oil & Gas Drilling
Energy
PTEN
7900
US
USD
Liquidity Metrics
0.40
1.75
1.57
0.26
-1.53
Sales & Valuation
$4.83B
0.83
1.26
21.94
0.47
Profitability
-$0.24
-$93.64M
-1.92%
-1.85%
-2.82%
-1.67%
P/E Metrics
-44.52
-0.34
-0.34
Analyst Price Target & Rating
$13.00
$15.00
$10.00
2/5
53 Analysts
-21.00%
Financial Health Scores
2.03
5/9
$588.04M
$5.37B
$2.27B
-$38.24M
Key Metrics (TTM)
$5.01B
1.07
5.93
1.75
-2.82%
-0.83%
-2.25%
4.47%
38 days
Company Executives
| Name | Title |
|---|---|
| Kenneth N. Berns | Executive Vice President & Chief Commercial Officer |
| Seth D. Wexler | Executive Vice President, General Counsel & Secretary |
| William Andrew Hendricks Jr. | President, Chief Executive Officer & Director |
| C. Andrew Smith | Executive Vice President & Chief Financial Officer |
| Tommy Balez | President of NexTier Completion Solutions |
| James Michael Holcomb | Executive VP & Chief Operating Officer |
| John W. Clunan | President of Ulterra Drilling Technologies |
| Michael James Sabella | Vice President of Investor Relations |
| Forrest Robinson | Chief Accounting Officer |
| Marty Unrein | President of Patterson-UTI Drilling |
Poll Results
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About Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Stock
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.
Patterson-UTI Energy Q2 Earnings & Revenues Beat Estimates
2026-08-03 11:35:28
PTEN expects about 100 average U.S. rigs in Drilling Services during the third quarter, with adjusted gross profit projected at around $145 million.
Patterson-UTI Energy, Inc. (PTEN) Q2 2026 Earnings Call Transcript
2026-07-31 16:13:23
Patterson-UTI Energy, Inc. (PTEN) Q2 2026 Earnings Call Transcript
2026-07-31 07:51:44
After a week of wild swings that rattled portfolios and left investors guessing, Wall Street analysts are already reshuffling their ratings on Friday morning, with some surprising cuts and upgrades across sectors from utilities to gaming that could reshape how you think about your positions.
Patterson-UTI Energy Q2 Earnings Call Highlights
2026-07-30 15:05:38
Patterson-UTI Energy NASDAQ: PTEN reported second-quarter revenue of $1.228 billion, up 10% from the first quarter, as stronger drilling activity, higher pricing and near-full utilization of completion equipment lifted results across its operating segments.
Patterson-UTI (PTEN) Reports Break-Even Earnings for Q2
2026-07-29 21:36:15
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.06 per share a year ago.
Patterson-UTI (PTEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
2026-07-29 20:31:05
While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2026
2026-07-29 17:10:00
HOUSTON, TX / ACCESS Newswire / July 29, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2026.
Patterson-UTI Energy to Report Q2 Earnings: What's in Store?
2026-07-24 11:02:05
PTEN to report Q2 results on July 29, with estimates pointing to a narrower loss as lower operating costs offset pressure from weaker revenues.
Frequently Asked Questions
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What is the current Patterson-UTI Energy, Inc. (PTEN) stock price?
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Patterson-UTI Energy, Inc.(NASDAQ:PTEN) stock price is $10.27 in the last trading session. During the trading session, PTEN stock reached the peak price of $13.08 while $5.1 was the lowest point it dropped to. The percentage change in PTEN stock occurred in the recent session was --2.0% while the dollar amount for the price change in PTEN stock was -$0.21.
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PTEN's industry and sector of operation?
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The NASDAQ listed PTEN is part of Oil & Gas Drilling industry that operates in the broader Energy sector.
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Who are the executives of PTEN?
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Kenneth N. Berns | Executive Vice President & Chief Commercial Officer
Seth D. Wexler | Executive Vice President, General Counsel & Secretary
William Andrew Hendricks Jr. | President, Chief Executive Officer & Director
C. Andrew Smith | Executive Vice President & Chief Financial Officer
Tommy Balez | President of NexTier Completion Solutions -
How many employees does PTEN have?
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Number of PTEN employees currently stands at 7900. PTEN operates from 10713 West Sam Houston Parkway North, Houston, TX 77064, US.
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Link for PTEN official website?
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Official Website of PTEN is: https://www.patenergy.com
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How do I contact PTEN?
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PTEN could be contacted at phone #281 765 7100 and can also be accessed through its website. PTEN operates from 10713 West Sam Houston Parkway North, Houston, TX 77064, US.
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How many shares of PTEN are traded daily?
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The average number of PTEN shares traded daily for last 3 months was 9.06M.
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What is the market cap of PTEN currently?
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The market value of PTEN currently stands at $3.9B with its latest stock price at $10.27