Patterson-UTI Energy, Inc.
PTEN
NASDAQ·Energy·Oil & Gas Drilling·Mkt cap $4.7B
$12.42
▼ -1.04%
P/E
-51.94
Mkt Cap
$4.7B
52-Wk Range
$5.10–$13.31
52-Week Range
$5.10 - $13.31
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 121.0% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Large, modern fleet of 192 marketable drilling rigs with geographic diversification across premium basins
- Integrated service offerings spanning drilling, completion, and directional services reduce customer switching costs
- Specialized directional drilling expertise and proprietary software enhance wellbore quality and operational efficiency
- Long-standing customer relationships with major oil and gas operators provide stable revenue base
Bear Case
1 risk
- Low volatility (beta 0.7).
Growth
Stable outlook
Increased drilling activity driven by higher oil and natural gas prices and operator capital spending
Value
Deep value opportunity - significant discount to Oilfield Services peers
Momentum
Strong
+7.9% over 3m
Quality
Thin
Solid business
Dividend
Solid
3.06% yield
Smart-money signal
Who's buying PTEN right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Oct 28, 2026
JUL 29, 2026
Reported EPS of -$0.05 vs -$0.04 consensus (-26.3% surprise). Revenue of $1.2B vs $1.2B expected (+6.3%).
EPS surprise · last 4Q
0 of 1 beats
Estimate
Actual
Q3 26
-26.3%
Revenue trend · last 8Q
—
-27%
-15%
-10%
-13%
-1%
-13%
+1%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$1.4B
$1.2B
$1.3B
$1.2B
$1.2B
$1.2B
$1.1B
$1.2B
Margins · last 8Q
Gross
-21.8%
Operating
-0.6%
Profit
-1.6%
Wall Street consensus
8 analysts · 88% Buy
Live ratings and price targets aggregated across covering analysts.
Buy
88%
Hold
13%
Sell
0%
Median Price Target
—
Latest: Piper Sandler · Aug 21, 2026
vs Industry
How PTEN stacks vs Oil & Gas Drilling
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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