What’s the current market cap for Patterson-UTI Energy stock?

Patterson-UTI Energy (PTEN) has a market cap of $4.6B as of May 22, 2026.

What is the P/E ratio for Patterson-UTI Energy stock?

The price to earnings (P/E) ratio for Patterson-UTI Energy (PTEN) stock is 0 as of May 22, 2026.

Does Patterson-UTI Energy stock pay dividends?

Yes, the Patterson-UTI Energy (PTEN) stock pays dividends to shareholders. As of May 22, 2026, the dividend rate is $0.34 and the yield is 3.28%. Patterson-UTI Energy has a payout ratio of 0% on a trailing twelve-month basis.

When is the next Patterson-UTI Energy dividend payment date?

The next Patterson-UTI Energy (PTEN) dividend payment is scheduled for June 15, 2026.

What is the beta indicator for Patterson-UTI Energy?

Patterson-UTI Energy (PTEN) has a beta rating of 0.65. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

Buy Patterson-UTI Energy stock | $PTEN Share Price

13:30

15:10

16:45

18:25

20:00

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

$4.6bn

-$0.31

0.65

$0.34

3.28%

What the Analysts think about PTEN

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

Bulls say / Bears say

U.S. shale activity is expected to accelerate in late 2026 and into 2027, driven by greater gas consumption, leading to a forecasted shortage of fracking equipment that should benefit Patterson-UTI’s Completion Services and Drilling Products divisions.

Patterson-UTI ran an average of 88 drilling rigs in the United States during April 2026, reflecting a significant operational presence ready to take advantage of increasing shale activity.

Nearly all Patterson-UTI rigs are now equipped with the proprietary Cortex automation suite, responding to high demand, boosting drilling efficiency, and supporting strong margins.

CEO Andy Hendricks warned that without greater market certainty, higher oil prices will not lead to increased U.S. production, which could mean weaker demand for drilling services.

U.S. oil production reached nearly 13.7 million barrels per day in February 2026, while Permian Basin output was 6.59 million barrels per day, suggesting little room for significant drilling growth unless prices surge.

Wall Street’s median 12-month price target of $7.25 is about 7.2% below Patterson-UTI’s recent closing price, indicating analysts see limited upside.

Data summarised monthly by Lightyear AI. Last updated on 21 May 2026.

PTEN Financial Performance

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37bn

-39.75%

Net income

$45bn

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

Capital at risk

Market closed

Upcoming events