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Patterson-UTI

11.77 USD
+0.25
2.17%
At close Updated Oct 14, 12:03 PM EDT
1 day
2.17%
5 days
2.08%
1 month
-5.23%
3 months
19.37%
6 months
19.13%
Year to date
81.92%
1 year
107.22%
5 years
31.07%
10 years
-51.14%
 

About: 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.

Employees: 7,900

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 46.2%
Neutral 42.3%
Negative 11.5%
Neutral
Accesswire
5 days ago
Patterson-UTI Reports Drilling Activity for September 2026
HOUSTON, TX / ACCESS Newswire / October 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2026, the Company had an average of 103 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for September 2026
Neutral
Accesswire
6 days ago
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESS Newswire / October 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, October 29, 2026, at 9:00 a.m.
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
Positive
Seeking Alpha
28 days ago
Patterson-UTI: Beneficiary Of A Renewed Dependence On North American Oil (Rating Upgrade)
Patterson-UTI upgraded to BUY as North American oil supply tightens and drilling activity ramps up amid geopolitical disruptions. PTEN's dual exposure to drilling and completions, bolstered by the NexTier acquisition, prolongs its earnings upcycle and positions it for outsized EBITDA growth. Current valuation (4.65x forward EV/EBITDA) remains at a significant discount to prior cycle peaks, implying substantial upside as market tightness persists.
Patterson-UTI: Beneficiary Of A Renewed Dependence On North American Oil (Rating Upgrade)
Neutral
Accesswire
1 month ago
Patterson-UTI Reports Drilling Activity for August 2026
HOUSTON, TX / ACCESS Newswire / September 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2026, the Company had an average of 101 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for August 2026
Positive
Zacks Investment Research
1 month ago
Why Is Patterson-UTI (PTEN) Up 24.5% Since Last Earnings Report?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?
Why Is Patterson-UTI (PTEN) Up 24.5% Since Last Earnings Report?
Neutral
Accesswire
2 months ago
Patterson-UTI Reports Drilling Activity for July 2026
HOUSTON, TX / ACCESS Newswire / August 14, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2026, the Company had an average of 98 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for July 2026
Neutral
Zacks Investment Research
2 months ago
Oil Above $80: 2 Energy Stocks You Don't Want to Miss
Oil above $80 is boosting the outlook for Patterson-UTI and Cactus as Middle East tensions support crude prices and upstream activity.
Oil Above $80: 2 Energy Stocks You Don't Want to Miss
Negative
Zacks Investment Research
2 months ago
3 Oil & Gas Drilling Stocks Bucking a Bearish Industry Trend
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, NBR and HP.
3 Oil & Gas Drilling Stocks Bucking a Bearish Industry Trend
Positive
Zacks Investment Research
2 months ago
Does Patterson-UTI (PTEN) Have the Potential to Rally 37.91% as Wall Street Analysts Expect?
The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 37.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Does Patterson-UTI (PTEN) Have the Potential to Rally 37.91% as Wall Street Analysts Expect?
Positive
Zacks Investment Research
2 months ago
Should Value Investors Buy PattersonUTI Energy (PTEN) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Should Value Investors Buy PattersonUTI Energy (PTEN) Stock?
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