Patterson-UTI Energy/$PTEN
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Patterson-UTI Energy
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
- Ticker
- $PTEN
- Sector
- Energy
- Primary listing
- NASDAQ
- Employees
- 7,900
- Headquarters
- Houston, United States
- Website
- www.patenergy.com
PTEN Metrics
BasicAdvanced
$4.4B
-
-$0.24
0.67
$0.38
3.48%
Price and volume
Market cap
$4.4B
Beta
0.67
52-week high
$13.39
52-week low
$5.24
Average daily volume
7.4M
Dividend rate
$0.38
Financial strength
Current ratio
1.75
Quick ratio
1.432
Long term debt to equity
0.407
Total debt to equity
0.419
Interest coverage (TTM)
-0.66%
Profitability
EBITDA (TTM)
834.163
Gross margin (TTM)
23.76%
Net profit margin (TTM)
-1.92%
Operating margin (TTM)
-1.04%
Effective tax rate (TTM)
21.69%
Revenue per employee (TTM)
$590,000
Management effectiveness
Return on assets (TTM)
-0.91%
Return on equity (TTM)
-2.77%
Valuation
Price to revenue (TTM)
0.936
Price to book
1.41
Price to tangible book (TTM)
2.35
Price to free cash flow (TTM)
24.617
Free cash flow yield (TTM)
4.06%
Free cash flow per share (TTM)
0.467
Dividend yield (TTM)
3.30%
Forward dividend yield
3.48%
Growth
Revenue change (TTM)
-6.92%
Earnings per share change (TTM)
-91.36%
3-year revenue growth (CAGR)
15.07%
10-year revenue growth (CAGR)
14.34%
3-year earnings per share growth (CAGR)
-46.68%
10-year earnings per share growth (CAGR)
-22.33%
3-year dividend per share growth (CAGR)
8.74%
10-year dividend per share growth (CAGR)
1.18%
What the Analysts think about PTEN
Analyst ratings (Buy, Hold, Sell) for Patterson-UTI Energy stock.
Analyst projections of the future price of Patterson-UTI Energy stock.
Bulls say / Bears say
Patterson-UTI averaged 100 US rigs in July and August and expects to exit the third quarter with 104, while reporting continued momentum in leading-edge day rates. More active rigs and better pricing could lift drilling revenue and margins. (StockTitan)
The company expects completion equipment to be highly utilised into early 2027, with Q3 pricing and activity tracking to plan. More than 12-month lead times for new gas-powered equipment point to tight supply that could support further price recovery. (StockTitan)
Management expects 2026 adjusted free cash flow to more than cover the annual dividend, despite about $600 million of planned net capital spending. If achieved, that would support shareholder returns while funding fleet upgrades. (StockTitan)
Despite second-quarter revenue of about $1.23 billion, Patterson-UTI reported a $19.6 million net loss and adjusted net income of only about $0.6 million. The activity rebound has yet to translate into meaningful earnings for shareholders. (StockTitan)
First-half operating cash flow was about $120 million against roughly $273 million of capital spending, and cash fell to about $203 million from $421 million at year-end. That weak cash conversion makes the planned $600 million of 2026 net capex a risk if the recovery disappoints. (StockTitan)
UBS resumed coverage at Neutral and said much of the supportive outlook may already be reflected in the share price after a sharp year-to-date rise. That leaves less room for upside if rig growth or frac-pricing recovery falls short. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 3 Oct 2026.
PTEN Financial Performance
Revenues and expenses
PTEN Earnings Performance
Company profitability
Upcoming events
No upcoming events
PTEN News
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Funds containing PTEN
AllUSDGBPEUR
Fund name | Fund size | $PTEN weighting |
|---|---|---|
iShares S&P SmallCap 600$IDP6 | $3.2B | 0.25% |
iShares S&P Small Cap 600£ISP6 | £2.4B | 0.25% |
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.14% |
SPDR Russell 2000 US Small Cap£R2SC | £4.1B | 0.14% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.14% |
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