Patterson-UTI Energy/$PTEN

13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1Y5YMAX

About Patterson-UTI Energy

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.

Ticker

$PTEN
Sector
Primary listing

Employees

9,200

PTEN Metrics

BasicAdvanced
$2.2B
-
-$2.78
1.35
$0.32
5.69%

What the Analysts think about PTEN

Analyst ratings (Buy, Hold, Sell) for Patterson-UTI Energy stock.

Bulls say / Bears say

As of June 30, 2025, Patterson-UTI held $185.9 million in cash and cash equivalents and maintained a conservative debt-to-capitalization ratio of 26.7%, underscoring its strong liquidity position. (Nasdaq)
PTEN returned $46 million to shareholders in Q2 2025 through dividends and share repurchases, demonstrating disciplined capital allocation despite market pressures. (Reuters via TradingView)
Investments in automation and digital services—including the Cortex® Automation Platform, REX® early alert system, and integration through the PTEN Digital Performance Center—have enhanced operational efficiency and positioned PTEN as a technology leader. (SEC)
PTEN’s Completion Services segment saw its adjusted gross profit fall to $100.2 million in Q2 2025, down sharply from $152.1 million in Q2 2024, reflecting significant margin compression amid lower activity. (Nasdaq)
The second-quarter net loss included a $28 million non-cash asset impairment related to Colombian drilling operations, reducing earnings and signaling potential for further write-downs. (SEC)
Ulterra subsidiaries are defendants in a NOV Inc. patent-royalty lawsuit with trial set for October 27, 2025, and an unfavorable judgment could have a material impact on PTEN’s financial results. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 2 Sept 2025.

PTEN Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

PTEN Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $PTEN

Sign up or log in to buy
Capital at risk
Market open

Upcoming events

Sept15
Patterson-UTI Energy
DividendPayment
$0.08Per share
FAQs