Patterson-UTI Energy (PTEN) Expected to Announce Earnings on Wednesday

Key Points

• Patterson-UTI Energy is set to announce its Q3 2025 earnings on October 22nd, with analysts predicting an earnings loss of ($0.09) per share and revenue of $1.1708 billion.
• The company recently declared a quarterly dividend of $0.08, translating to an annualized dividend yield of 5.6%.
• Institutional investors hold a significant 97.91% stake in Patterson-UTI Energy, with multiple investors, including Sourcerock Group LLC, drastically increasing their shareholdings in the recent quarters.

Patterson-UTI Energy (NASDAQ:PTEN - Get Free Report) is anticipated to post its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect Patterson-UTI Energy to post earnings of ($0.09) per share and revenue of $1.1708 billion for the quarter. Individuals may review the information on the company's upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 23, 2025 at 10:00 AM ET.

Patterson-UTI Energy (NASDAQ:PTEN - Get Free Report) last released its quarterly earnings results on Tuesday, March 21st. The oil and gas company reported ($0.38) EPS for the quarter. Patterson-UTI Energy had a negative return on equity of 1.94% and a negative net margin of 21.49%.The firm had revenue of $191.70 million for the quarter. On average, analysts expect Patterson-UTI Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Patterson-UTI Energy Trading Up 0.2%

PTEN opened at $5.68 on Wednesday. The business has a fifty day simple moving average of $5.55 and a 200-day simple moving average of $5.89. The company has a quick ratio of 1.50, a current ratio of 1.73 and a debt-to-equity ratio of 0.37. Patterson-UTI Energy has a 52 week low of $5.10 and a 52 week high of $9.57. The firm has a market cap of $2.19 billion, a P/E ratio of -2.06 and a beta of 1.23.

Patterson-UTI Energy Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were paid a $0.08 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This represents a $0.32 annualized dividend and a dividend yield of 5.6%. Patterson-UTI Energy's dividend payout ratio (DPR) is presently -11.59%.

Institutional Trading of Patterson-UTI Energy

Several institutional investors have recently modified their holdings of PTEN. Sourcerock Group LLC lifted its holdings in shares of Patterson-UTI Energy by 109.2% in the 2nd quarter. Sourcerock Group LLC now owns 13,803,775 shares of the oil and gas company's stock valued at $81,856,000 after purchasing an additional 7,205,652 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of Patterson-UTI Energy by 1.5% in the 2nd quarter. Bank of America Corp DE now owns 5,710,369 shares of the oil and gas company's stock valued at $33,862,000 after purchasing an additional 82,817 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of Patterson-UTI Energy by 4.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,747,463 shares of the oil and gas company's stock valued at $39,024,000 after purchasing an additional 220,422 shares during the last quarter. Holocene Advisors LP lifted its holdings in shares of Patterson-UTI Energy by 7,113.3% in the 2nd quarter. Holocene Advisors LP now owns 3,336,066 shares of the oil and gas company's stock valued at $19,783,000 after purchasing an additional 3,289,817 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its holdings in shares of Patterson-UTI Energy by 444.2% in the 2nd quarter. BNP Paribas Financial Markets now owns 3,020,212 shares of the oil and gas company's stock valued at $17,910,000 after purchasing an additional 2,465,209 shares during the last quarter. Hedge funds and other institutional investors own 97.91% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on PTEN. Royal Bank Of Canada lowered their price objective on shares of Patterson-UTI Energy from $9.00 to $8.50 and set an "outperform" rating for the company in a research note on Friday, July 25th. Susquehanna decreased their target price on Patterson-UTI Energy from $8.00 to $7.00 and set a "positive" rating for the company in a report on Wednesday, September 3rd. Piper Sandler assumed coverage on Patterson-UTI Energy in a report on Tuesday, July 15th. They issued a "neutral" rating and a $7.00 target price for the company. Zacks Research upgraded Patterson-UTI Energy from a "strong sell" rating to a "hold" rating in a report on Thursday, September 25th. Finally, Barclays reiterated an "equal weight" rating and issued a $6.00 target price (down from $7.00) on shares of Patterson-UTI Energy in a report on Monday. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Patterson-UTI Energy presently has an average rating of "Hold" and an average price target of $7.80.

Patterson-UTI Energy Company Profile

Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.

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