PTEN Company Profile and Key Details

Q: Who are the executives of PTEN?

Mr. William Andrew Hendricks Jr.Pres, Chief Executive Officer & DirectorMr. James Michael DrickamerVice President of Investor RelationsMr. C. Andrew SmithExecutive Vice President & Chief Financial OfficerMr. James Michael HolcombPres of UTI Drilling Company LLCMr. Seth D. WexlerSenior Vice President, Gen. Counsel & Sec.Mr. Kenneth N. Berns CPAExecutive Vice President & Chief Commercial Officer

NASDAQ : PTEN

Patterson-UTI Energy

$8.17

0.25+3.16%

At Close 4:00 PM

64.6

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Patterson-UTI Energy, Inc. (PTEN) stock surged +3.16%, trading at $8.17 on NASDAQ, up from the previous close of $7.92. The stock opened at $8.06, fluctuating between $7.99 and $8.23 in the recent session.

Stock Snapshot

7.92

Prev. Close

3.1B

Market Cap

7.99

Day Low

-34.04

P/E Ratio

-0.24

EPS (TTM)

0.94

Cash Flow per Share

8.06

Open

379.58M

Number of Shares

8.23

Day High

90.56%

Free Float in %

11.58

Book Value

11.26M

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Feb 18, 2026	8.06	8.23	7.99	8.17	11.32M
Feb 17, 2026	8.10	8.18	7.73	7.92	10.25M
Feb 13, 2026	8.12	8.29	8.00	8.10	12.2M
Feb 12, 2026	8.50	8.55	7.91	8.14	10.5M
Feb 11, 2026	8.44	8.75	8.43	8.57	9.88M
Feb 10, 2026	8.68	8.69	8.24	8.27	8.89M
Feb 09, 2026	8.73	8.90	8.52	8.70	8.65M
Feb 06, 2026	8.18	8.69	8.14	8.66	11.41M
Feb 05, 2026	8.09	8.40	7.99	8.17	22.63M
Feb 04, 2026	7.84	8.00	7.73	7.95	13.95M
Feb 03, 2026	7.70	7.82	7.60	7.81	10.53M
Feb 02, 2026	7.27	7.71	7.21	7.59	9.35M
Jan 30, 2026	7.45	7.58	7.33	7.53	9.04M
Jan 29, 2026	7.68	7.85	7.53	7.54	11.34M
Jan 28, 2026	7.51	7.60	7.16	7.33	10.83M
Jan 27, 2026	7.42	7.52	7.36	7.44	7.49M
Jan 26, 2026	7.43	7.47	7.32	7.35	7.01M
Jan 23, 2026	7.53	7.71	7.29	7.30	9.35M
Jan 22, 2026	7.33	7.51	7.31	7.39	11.56M
Jan 21, 2026	7.30	7.49	7.25	7.36	15.19M

Contact Details

Houston, TX 77064

United States

https://www.patenergy.com 281 765 7100

About Company

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

Company Overview

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) closed at $8.17 USD, gaining $0.25 (3.16%) from the previous close of $7.92. The stock is currently mid-range between its 52-week high and low $5.10 and $9.25. With a market capitalization of about $3.10 billion, Patterson-UTI Energy, Inc. is classified as a mid-cap and shows lower-than-market volatility (beta ~0.73). Key stats such as the average daily volume over the past year has been around 9.83 million shares, in line with its 52-week average. Headquartered in Houston, TX, Patterson-UTI Energy, Inc. operates in the Energy sector and the Oil & Gas Drilling industry. Led by CEO William Andrew Hendricks Jr., the company employs approximately 9,200 people and listed since November 02, 1993. Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally.

Technical Performance

PTEN has shown sold momentum, gaining 5.04% over the past week and 28.68% over the past quarter, though year-to-date performance is up 16.04%. Short-term trend indicators are bearishly aligned (SMA20 1.4%, SMA50 13.93%, SMA200 29.23%). The stock’s 14-day RSI is 55.91 (neutral), while the ATR of 0.38 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -14.38% below its high and over 55.29% above its low. Average 10-day trading volume of 10.24 million shares is in line with the 3-month average of 9.72 million, indicating normal recent market interest.

Valuation Metrics

Patterson-UTI Energy, Inc. trades at a P/E ratio of -32.91, slightly below the S&P 500 average, with a price-to-sales ratio of 0.64 and a price-to-book ratio of 0.96 suggesting the stock is closer to book value. The P/FCF stands at 8.29, also above market averages.

Dividend & Fair Value

Patterson-UTI Energy, Inc. last paid a dividend of 0.32 per share, this equals a trailing yield of roughly 3.5%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $30.45. This means the shares are trading below this model’s fair value.

Shareholding & Insider Activity

Patterson-UTI Energy, Inc. has 385.17 million shares outstanding. The public float is 348.81 million shares, elevated short interest at 13.16% of float. This equals 35.64 million shares. The short ratio is 3.87 days. Institutional investors hold 113.96% of the float. Insiders own 2.66%. Hendricks William Andrew JR holds 2.48 million shares, BERNS KENNETH N has 686.73 thousand shares and SIEGEL MARK S has 605.00 thousand shares. Over the past six months, insider transactions show net selling. They sold 1.12 million shares across 3 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Patterson-UTI Energy generated $4.15B in revenue, or $14.81 per share. Gross margin was 14.56%, operating margin 10.44%, and net profit margin 5.94%. Returns are modest, with ROA at 3.32% and ROE at 5.12%.
On valuation metrics, Patterson-UTI Energy trades at a P/E of -32.91, P/S of 0.64 and P/B of 0.96. The current ratio is 1.64 and quick ratio is 1.46. Operationally, the company’s inventory turnover is 28.69 and cash conversion cycle is 30.05 days. Debt-to-equity is 0.38, supported by a cash flow-to-debt ratio of 0.79.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Patterson-UTI Energy posted revenue of $4.15B, down slightly from $2.65B in the prior quarter. Gross profit was $603.72M (margin 14.56%). Operating income was $432.92M (margin 10.4%). Net income was$246.29M (EPS $0.88).
The company ended the quarter with $192.68M in cash and short-term investments, a total debt of $1.35B, and net debt of $1.15B. Total assets were $7.42B, with equity of $4.82B. Financials further reflected stability, with operating cash flow of $1.01B, free cash flow of $390.22M, and capital expenditures of - $615.69M.

Price Forecast & Outlook

Our AI price prediction model suggests that Patterson-UTI Energy, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected increase of 7.34%, with price expected at $8.77 by March 04, 2026, within a range of $8.50 to $9.04 3-Month Outlook: Projected rise of 3.67%, reaching $8.47 by May 18, 2026, with a range of $8.20 to $8.73. 1-Year Outlook: Projected gain of 194.37%, with price at $24.05 by February 18, 2027, within a range of $12.96 to $34.38.

Key Takeaways

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares are up 16.04% year-to-date currently trading near 52-week highs band. Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Patterson-UTI Energy, Inc. trading at a premium to the broader market with a P/E of -32.91. Analyst sentiment is mixed, with the majority of ratings in Neutral territory and a mean price target of $14.39, suggesting 76.13% upside. Our AI forecast model points to short-term strength (7.34% over two weeks), a medium-term rise (3.67% over three months), and a longer-term gain (194.37% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current Patterson-UTI Energy, Inc. (PTEN) stock price?

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) stock price is $8.17 in the last trading session. During the trading session, PTEN stock reached the peak price of $8.23 while $7.99 was the lowest point it dropped to. The percentage change in PTEN stock occurred in the recent session was 3.16% while the dollar amount for the price change in PTEN stock was $0.25.

PTEN's industry and sector of operation?

The NASDAQ listed PTEN is part of Oil & Gas Drilling industry that operates in the broader Energy sector. Patterson-UTI Energy, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of PTEN?

Mr. William Andrew Hendricks Jr.
Pres, Chief Executive Officer & Director
Mr. James Michael Drickamer
Vice President of Investor Relations
Mr. C. Andrew Smith
Executive Vice President & Chief Financial Officer
Mr. James Michael Holcomb
Pres of UTI Drilling Company LLC
Mr. Seth D. Wexler
Senior Vice President, Gen. Counsel & Sec.
Mr. Kenneth N. Berns CPA
Executive Vice President & Chief Commercial Officer

How PTEN did perform over past 52-week?

PTEN's closing price is 60.2% higher than its 52-week low of $5.10 where as its distance from 52-week high of $9.25 is -11.68%.

How many employees does PTEN have?

Number of PTEN employees currently stands at 9,200.

Link for PTEN official website?

Official Website of PTEN is: https://www.patenergy.com

How do I contact PTEN?

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, United States.

How many shares of PTEN are traded daily?

PTEN stock volume for the day was 11.26M shares. The average number of PTEN shares traded daily for last 3 months was 9.83M.

What is the market cap of PTEN currently?

The market value of PTEN currently stands at $3.10B with its latest stock price at $8.17 and 379.58M of its shares outstanding.

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Employees	9200
Beta	0.73
Sales or Revenue	$4.15B
5Y Sales Change%	-0.025%
Fiscal Year Ends	December
Sector	Energy
Industry	Oil & Gas Drilling

PTEN Company Profile and Key Details

Patterson-UTI Energy

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Financial & Profitability Overview

Quarterly Financial Highlights

Valuation Metrics

Price Forecast & Outlook

Key Takeaways