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NASDAQ:PTEN

Patterson-UTI Energy (PTEN) Stock Price, News & Analysis

Patterson-UTI Energy logo
$11.14 -0.28 (-2.45%)
Closing price 09/22/2026 04:00 PM Eastern
Extended Trading
$11.22 +0.08 (+0.76%)
As of 07:05 AM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Patterson-UTI Energy Stock (NASDAQ:PTEN)

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Key Stats

Today's Range
$11.12
$11.51
50-Day Range
$9.17
$13.15
52-Week Range
$5.10
$13.39
Volume
7.00 million shs
Average Volume
8.69 million shs
Market Capitalization
$4.25 billion
P/E Ratio
N/A
Dividend Yield
3.59%
Price Target
$13.25
Consensus Rating
Moderate Buy

Company Overview

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is an energy-services company that provides drilling, completion, and production-related services to oil and natural gas operators. Its operations support the development of unconventional and other onshore energy resources, primarily in North America.

The company’s offerings include contract land drilling, pressure pumping, well completion services, directional drilling, downhole tools, and related drilling technologies. Patterson-UTI also provides equipment, technical services, and other solutions used throughout the well-construction and completion process.

Patterson-UTI traces its history to the late 1970s and expanded its service platform through acquisitions and strategic combinations. In 2023, the company completed a merger with NexTier Oilfield Solutions, adding substantial well-completion and production-services capabilities to its drilling operations. The company is headquartered in Houston, Texas, and serves customers across major U.S. oil and gas basins, with additional operations in Canada and other North American markets.

AI Generated. May Contain Errors.

Patterson-UTI Energy Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
58th Percentile Overall Score

PTEN MarketRank™: 

Patterson-UTI Energy scored higher than 58% of companies evaluated by MarketBeat, and ranked 150th out of 251 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Patterson-UTI Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.53, and is based on no strong buy ratings, 9 buy ratings, 5 hold ratings, and 1 sell rating.

  • Upside Potential

    Patterson-UTI Energy has a consensus price target of $13.25, representing about 18.9% upside from its current price of $11.14.

  • Amount of Analyst Coverage

    Patterson-UTI Energy has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Patterson-UTI Energy's stock forecast and price target.
  • Earnings Growth

    Earnings for Patterson-UTI Energy are expected to grow in the coming year, from ($0.01) to $0.28 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Patterson-UTI Energy is -48.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Patterson-UTI Energy is -48.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Patterson-UTI Energy has a P/B Ratio of 1.31. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Patterson-UTI Energy's valuation and earnings.
  • Percentage of Shares Shorted

    10.27% of the float of Patterson-UTI Energy has been sold short.
  • Short Interest Ratio / Days to Cover

    Patterson-UTI Energy has a short interest ratio ("days to cover") of 4.93.
  • Change versus previous month

    Short interest in Patterson-UTI Energy has recently increased by 31.37%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Patterson-UTI Energy pays a meaningful dividend of 3.50%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Patterson-UTI Energy does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on EPS estimates, Patterson-UTI Energy will have a dividend payout ratio of 142.86% in the coming year. This indicates that Patterson-UTI Energy may not be able to sustain their current dividend.

  • Read more about Patterson-UTI Energy's dividend.
  • News Sentiment

    Patterson-UTI Energy has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Patterson-UTI Energy this week, compared to 7 articles on an average week.
  • Search Interest

    Only 10 people have searched for PTEN on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Patterson-UTI Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Patterson-UTI Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,698,780.00 in company stock.

  • Percentage Held by Insiders

    2.20% of the stock of Patterson-UTI Energy is held by insiders.

  • Percentage Held by Institutions

    97.91% of the stock of Patterson-UTI Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Patterson-UTI Energy's insider trading history.
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PTEN Stock News Headlines

Patterson-UTI Energy (NASDAQ:PTEN) CEO Sells 250,000 Shares of Stock
Trump's New Dollar
Porter Stansberry says President Trump has signed an executive order initiating what he calls a full U.S. dollar reset - and most Americans don't know it's happening. The last time America underwent a monetary shift like this, under Nixon in the 1970s, it minted an average of 1,300 new millionaires a day for over half a century. Stansberry has released a new documentary naming the assets he believes are positioned to surge as a result.tc pixel
Equities Analysts Set Expectations for PTEN FY2026 Earnings
Zacks Research Issues Optimistic Forecast for PTEN Earnings
See More Headlines

PTEN Stock Analysis - Frequently Asked Questions

Patterson-UTI Energy's stock was trading at $6.11 at the beginning of the year. Since then, PTEN shares have increased by 82.3% and is now trading at $11.14.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) posted its quarterly earnings data on Wednesday, April, 22nd. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.10) by $0.04. The business's revenue for the quarter was down 12.7% on a year-over-year basis.
Read the conference call transcript
.

Patterson-UTI Energy subsidiaries include these companies: Superior QC, Seventy Seven Energy Inc., Warrior Rig Technologies, TMBR/ Sharp Drilling, Jones Drilling, High Valley Drilling, Wek Drilling, and more.

Patterson-UTI Energy's top institutional shareholders include BlackRock Inc. (16.49%), Van ECK Associates Corp (1.87%), Webs Creek Capital Management LP (1.53%) and Bank of America Corp DE (1.49%). Insiders that own company stock include William Andrew Hendricks Jr, Robert Wayne Drummond Jr, Charles Andrew Smith, James Michael Holcomb, Seth David Wexler, Tiffany Thom Cepak, Cesar Jaime, Forrest C Robinson and James Carl Stewart.
View institutional ownership trends
.

Shares of PTEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Patterson-UTI Energy investors own include Humana (HUM), American Water Works (AWK), Invesco QQQ (QQQ), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR) and TotalEnergies (TTE).

Company Calendar

Last Earnings
4/22/2026
Record date for 9/15 Dividend
9/01/2026
Ex-Dividend for 9/15 Dividend
9/01/2026
Dividend Payable
9/15/2026
Today
9/22/2026
Next Earnings (Estimated)
10/28/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Energy
Industry
Energy Equipment & Services
Sub-Industry
Oil & Gas Drilling
Current Symbol
NASDAQ:PTEN
CIK
889900
Employees
7,900
Year Founded
1978

Price Target and Rating

High Price Target
$16.00
Low Price Target
$10.00
Potential Upside/Downside
+18.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.53
Research Coverage
15 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.23)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
-$93.64 million
Net Margins
-1.92%
Pretax Margin
-2.44%
Return on Equity
-1.68%
Return on Assets
-0.98%

Debt

Debt-to-Equity Ratio
0.40
Current Ratio
1.75
Quick Ratio
1.57

Sales & Book Value

Annual Sales
$4.83 billion
Price / Sales
0.88
Cash Flow
$2.29 per share
Price / Cash Flow
4.86
Book Value
$8.50 per share
Price / Book
1.31

Miscellaneous

Outstanding Shares
381,390,000
Free Float
372,995,000
Market Cap
$4.25 billion
Optionable
Optionable
Beta
0.66

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This page (NASDAQ:PTEN) was last updated on 9/23/2026 by MarketBeat.com Staff.
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