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Patterson-UTI Energy(NASDAQ) PTEN

Market Cap$4.60BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (1993)+1,816%
5 Year+112%
1 Year+135%
1 Month+19%
Premium Feature
Moneyball Superscore
58/100
$12.18
+0.95%
+0.12Today
After hours$12.18+$0.00 (+0.04%)
Patterson-UTI Energy last closing stock price
MetricPriceDate
Last closeUSD 12.062026-08-19
Patterson-UTI Energy stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+9.44%USD 11.022026-08-12
1 month+19.41%USD 10.102026-07-20
3 month-0.34%USD 12.102026-05-21
Year to date+101.53%USD 5.982025-12-31
1 year+135.31%USD 5.132025-08-19
3 year-7.61%USD 13.052023-08-18
5 year+112.05%USD 5.692021-08-20
Since inception+1,816.03%USD 0.631993-11-02

Patterson-UTI Energy Financials at a Glance

Market Cap

$4.60BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$4.67B

Net Income (TTM)

-$89.73M

EPS (TTM)

-$0.24

P/E Ratio

-51.21

Dividend

$0.36

Beta (Volatility)

1.24 (Average)

Price

$12.18

Volume

5,742,063.715

Open

$12.24

Previous Close

$12.18

Daily Range

$12.06 - $12.34

52-Week Range

$5.10 - $13.08

Estimated Earnings Date

Oct 28, 2026

PTEN News

BuyAlert-Green.png

Sourcerock Group Adds to Patterson-UTI Energy Stake, According to Recent SEC Filing

Eric TrieMay 27, 2026
SellAlert-Blue.png

A PTEN Director Sold $123K in Shares - what he kept adds context

Seena HassounaMay 11, 2026
BuyAlert-Blue.png

Why This Fund’s $8 Million Patterson-UTI Bet Looks Like a Bullish Oil Recovery Trade

Jonathan PoncianoMay 7, 2026
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Earnings Summary on Patterson-UTI Energy

Motley Fool Markets TeamJul 24, 2025
Oil Drilling Rigs at Sunset

Why Patterson-UTI Energy's Shares Plunged 11.4% on Thursday

Travis HoiumFeb 4, 2021
GettyImages-1212035447

3 Oil Companies That Could Go Bankrupt in 2020

Daniel FoelberOct 17, 2020
An oil pump at dusk with rows of clouds in the sky.

The Oil Industry's 2021 Outlook Looks Bleak

Matt DiLalloSep 19, 2020
20_06_29 A woman in front of oil wells _GettyImages-638446776

Why Patterson-UTI Energy Stock Jumped as Much as 13% on July 23

Reuben Gregg BrewerJul 23, 2020
Page 1

PTEN: Motley Fool Moneyball Superscore

58

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About Patterson-UTI Energy

Patterson-UTI Energy, Inc. helps energy companies find and collect oil and natural gas. It uses specialized machines to drill deep into the earth. These services help produce the energy needed for modern life.

Tools for the Energy Trade

  • Completion Services: Hydraulic fracturing, cementing, and power solutions to prepare wells; accounted for 61.4% of operating revenues for the three months ended June 30, 2026.
  • Drilling Services: Onshore contract drilling and directional drilling for oil and gas basins; accounted for 30.4% of operating revenues for the three months ended June 30, 2026.
  • Drilling Products: Design and repair of drill bits and downhole tools for energy and mining; accounted for 7.4% of operating revenues for the three months ended June 30, 2026.

Making Moves in the Field

  • Signed a multi-year agreement in Jan. 2026 to lease two rigs for work in Argentina.
  • Approved a plan in the second quarter of 2026 to exit contract drilling operations in Colombia.
  • Completed a $500 million offering of senior notes in May 2026 to manage long-term debt.
  • Released the Vertex fully automated completions process to improve field efficiency and performance.

High-Tech Rigs and Global Reach

The company maintains 137 Tier-1 super-spec rigs, which are advanced machines built for complex horizontal drilling. It supports operations in North America and more than 30 countries through manufacturing and repair facilities.

Tracking the Money

  • Operating revenues reached $1.2 billion for the three months ended June 30, 2026.
  • Adjusted EBITDA was $231.9 million for the three months ended June 30, 2026.
  • The company held $201 million in cash and cash equivalents at June 30, 2026.
  • Contract drilling backlog in the United States was approximately $365 million at June 30, 2026.
  • Dividend payments totaled $76.0 million for the six months ended June 30, 2026.

The Big Picture

Patterson-UTI has focused its business on high-specification equipment and digital automation to navigate a volatile energy market. Its recent shifts involve exiting less profitable regions and investing in lower-emission technology.

AI Generated • Aug 5, 2026

Industry

Energy Equipment and Services

Sector

Energy

Employees

7,900

CEO

Andy Hendricks, Jr.

Website

www.patenergy.com

Headquarters

Houston, TX 77064, US

PTEN Financials

Key Financial Metrics (TTM)

Gross Margin

14.20%

Operating Margin

-1.14%

Net Income Margin

-1.92%

Return on Equity

-2.82%

Return on Capital

-0.56%

Return on Assets

-1.67%

Earnings Yield

-1.95%

Dividend Yield

2.99%

Payout Ratio

-1.53%

Stock Overview

Market Cap

$4.60BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

381.38M

Volume

5.74M

Avg. Volume

9.10M

Financials (TTM)

Gross Profit

$663.32M

Operating Income

-$53.41M

EBITDA

$841.60M

Operating Cash Flow

$733.27M

Capital Expenditure

-$555.54M

Free Cash Flow

$177.73M

Cash & ST Invst.

$203.17M

Total Debt

$1.26B

Patterson-UTI Energy Performance Analysis

Patterson-UTI Energy annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 2,647,592,00095.1%
20232023-12-31USD 4,146,456,00056.6%
20242024-12-31USD 5,377,911,00029.7%
20252025-12-31USD 4,826,624,000-10.3%
Patterson-UTI Energy sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-3.6%
Q42025-12-31-2.1%
Q12026-03-31-2.9%
Q22026-06-309.9%
Patterson-UTI Energy annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD 0.70N/A
20232023-12-31USD 0.8824.8%
20242024-12-31USD -2.44N/A
20252025-12-31USD -0.24-90.0%
Patterson-UTI Energy sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-3026.8%
Q42025-12-3174.8%
Q12026-03-31-150.0%
Q22026-06-3014.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$1.23B

+0.7%

Gross Profit

$280.64M

+898.7%

Gross Margin

22.85%

N/A

Market Cap

$4.60BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$582.22K

N/A

Employees

7,900

N/A

Net Income

-$19.60M

+60.1%

EBITDA

$210.26M

-9.4%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$203.17M

+10.6%

Total Debt

$1.26B

-2.0%

Accounts Receivable

$970.91M

+17.7%

Inventory

$140.75M

-14.0%

Long Term Debt

$1.26B

+0.3%

Short Term Debt

$0.00

-100.0%

Return on Assets

-1.67%

N/A

Return on Invested Capital

-1.16%

N/A

Free Cash Flow

-$99.84M

-2140.1%

Operating Cash Flow

$56.08M

-59.9%

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Questions About PTEN

What is the current price of Patterson-UTI Energy?

Patterson-UTI Energy is trading at $12.18 per share.

What is the 52-week range for Patterson-UTI Energy?

Over the past 52 weeks, Patterson-UTI Energy has traded between $5.10 and $13.08.

How much debt does Patterson-UTI Energy have?

As of the most recent reporting period, Patterson-UTI Energy reported total debt of $1.29B.

How much cash does Patterson-UTI Energy have on hand?

Patterson-UTI Energy reported $203.17M in cash and cash equivalents in its most recent financial results.

What is Patterson-UTI Energy’s dividend yield?

Patterson-UTI Energy currently has a dividend yield of 2.99%.

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