NASDAQ:PTEN Patterson-UTI Energy (PTEN) Stock Price, News & Analysis $11.54 +0.02 (+0.17%) Closing price 10/14/2026 04:00 PM EasternExtended Trading$11.56 +0.03 (+0.22%) As of 04:54 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. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsInsider TradesNews and TrendsOptions ChainOwnershipSEC FilingsShort Interest About Patterson-UTI Energy Stock (NASDAQ:PTEN) View Price History Chart DataSkip Price History Chart 1 Day 5 Days 30 Days 90 Days 1 Year Advanced 1 Day 1 Day 5 Days 30 Days 90 Days 1 Year Advanced Show volume Show extended hours Get Patterson-UTI Energy alerts:Sign Up Key Stats Today's Range$11.50▼$11.9650-Day Range$9.87▼$13.1552-Week Range$5.24▼$13.39Volume9.25 million shsAverage Volume7.39 million shsMarket Capitalization$4.40 billionP/E RatioN/ADividend Yield3.47%Price Target$13.14Consensus RatingModerate Buy Company Overview Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is an energy services company that provides drilling and well-completion solutions to oil and natural gas exploration and production companies. Its operations support the development of unconventional and conventional wells, primarily in North America. The company’s drilling services include contract land drilling, directional drilling, and related technologies designed to improve well placement, efficiency, and performance. Patterson-UTI also provides completion services, including pressure pumping, wireline, and other well-completion and production-support services. Through its drilling products business, Patterson-UTI manufactures and distributes drilling equipment and downhole tools, including drill bits, drilling motors, and related products. The company was formed through the 2001 combination of Patterson Energy and UTI Energy and expanded its completion-services platform through its 2023 merger with NexTier Oilfield Solutions. Patterson-UTI is headquartered in Houston, Texas, and is led by President and Chief Executive Officer Andy Hendricks.AI Generated. May Contain Errors. Read More Patterson-UTI Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks58th Percentile Overall ScorePTEN MarketRank™: 2.876117832715 of 5 starsPatterson-UTI Energy scored higher than 58% of companies evaluated by MarketBeat, and ranked 120th out of 247 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingPatterson-UTI Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on no strong buy ratings, 9 buy ratings, 7 hold ratings, and no sell ratings.Upside PotentialPatterson-UTI Energy has a consensus price target of $13.14, representing about 13.8% upside from its current price of $11.54.Amount of Analyst CoveragePatterson-UTI Energy has been the subject of 8 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 and Valuation0.6 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Patterson-UTI Energy are expected to grow in the coming year, from ($0.01) to $0.30 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson-UTI Energy is -50.17, 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. SectorThe P/E ratio of Patterson-UTI Energy is -50.17, 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 RatioPatterson-UTI Energy has a P/B Ratio of 1.36. 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. Short Interest4.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted8.23% of the float of Patterson-UTI Energy has been sold short.Short Interest Ratio / Days to CoverPatterson-UTI Energy has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Patterson-UTI Energy has recently decreased by 10.42%, indicating that investor sentiment is improving significantly. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldPatterson-UTI Energy pays a meaningful dividend of 3.47%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthPatterson-UTI Energy does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Patterson-UTI Energy will have a dividend payout ratio of 133.33% 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 and Social Media1.7 / 5News Sentiment0.66 News SentimentPatterson-UTI Energy has a news sentiment score of 0.66. 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 news sentiment score is similar to the average news sentiment of Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Patterson-UTI Energy this week, compared to 6 articles on an average week.Search InterestOnly 5 people have searched for PTEN on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Patterson-UTI Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days. Company Ownership1.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn 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 Insiders2.20% of the stock of Patterson-UTI Energy is held by insiders.Percentage Held by Institutions97.91% 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. Receive PTEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson-UTI Energy and its competitors with MarketBeat's FREE daily newsletter. 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PTEN Stock News HeadlinesPatterson-UTI Energy Reports Average of 103 US Drilling Rigs in SeptemberOctober 10, 2026 | marketscreener.comMPTEN Stock Gets Stronger EPS Forecast from Zacks ResearchOctober 7, 2026 | americanbankingnews.comHere’s the stock symbol I’ve promisedWhitney Tilson of Stansberry Research has long recommended Berkshire Hathaway as a core retirement holding - but now he believes he's found something better. This under-the-radar company sits at the intersection of America's two most important industries, including AI, pays massive dividends, and attracted a famous money manager who put 60% of his multi-billion-dollar fund into it. Tilson is revealing the name and ticker symbol completely free - no credit card or email required.October 15 at 1:00 AM | Stansberry Research (Ad)Head-To-Head Comparison: National Energy Services Reunited (NASDAQ:NESR) vs. Patterson-UTI Energy (NASDAQ:PTEN)October 7, 2026 | americanbankingnews.comWhat is Zacks Research's Forecast for PTEN Q4 Earnings?October 6, 2026 | americanbankingnews.comPatterson-UTI Energy (NASDAQ:PTEN) Stock Price Target Cut by CitigroupOctober 4, 2026 | americanbankingnews.comUBS Initiates Coverage on Patterson-UTI Energy With Neutral Rating, $13 Price TargetOctober 2, 2026 | marketscreener.comMPatterson-UTI Energy (NASDAQ:PTEN) CEO Sells 250,000 Shares of StockSeptember 22, 2026 | insidertrades.comSee More Headlines PTEN Stock Analysis - Frequently Asked Questions How have PTEN shares performed this year? Patterson-UTI Energy's stock was trading at $6.11 at the beginning of 2026. Since then, PTEN stock has increased by 88.9% and is now trading at $11.54. How were Patterson-UTI Energy's earnings last quarter? Patterson-UTI Energy, Inc. (NASDAQ:PTEN) announced its quarterly earnings results on Wednesday, April, 22nd. The oil and gas company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.04. The business's revenue was down 12.7% on a year-over-year basis. Read the conference call transcript. Does Patterson-UTI Energy have any subsidiaries? 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 others. Who are Patterson-UTI Energy's major shareholders? Patterson-UTI Energy's top institutional shareholders include GAMMA Investing LLC (0.01%), First Citizens Bank & Trust Co., NorthCrest Asset Manangement LLC and Farther Finance Advisors LLC. Insiders that own company stock include William Andrew Hendricks Jr, Robert Wayne Drummond Jr, James Michael Holcomb, Seth David Wexler, Tiffany Thom Cepak, Cesar Jaime, Forrest C Robinson and James Carl Stewart. View institutional ownership trends. How do I buy shares of Patterson-UTI Energy? 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. What other stocks do shareholders of Patterson-UTI Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Patterson-UTI Energy investors own include Transocean (RIG), SLB (slb), Halliburton (HAL), ConocoPhillips (COP), Freeport-McMoRan (FCX), Micron Technology (MU) and NVIDIA (NVDA). Company Calendar Last Earnings4/22/2026Record date for 9/15 Dividend9/01/2026Ex-Dividend for 9/15 Dividend9/01/2026Dividend Payable9/15/2026Today10/15/2026Next Earnings (Estimated)10/28/2026Fiscal Year End12/31/2026Get Stock Alerts Health Indicator TradeSmith's Health IndicatorA long-term volatility-based measure designed for securities held 12 months or longer.Green: Strong and healthy uptrend with normal pullbacks.Yellow: Significant pullback but still within expected volatility.Red: Dropped beyond expected volatility; considered unhealthy. Green Zone (2m+) 1-Year History Oct 25 Jan 26 Apr 26 Jul 26 Oct 26 PTEN's financial health is in the Green zone, according to TradeSmith. PTEN has been in this zone for over 2 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorEnergy Industry Energy Equipment & Services Sub-IndustryOil & Gas Drilling Current SymbolNASDAQ:PTEN CIK889900 Webwww.patenergy.com Phone(281) 765-7100Fax281-765-7175Employees7,900Year Founded1978Price Target and Rating Average Price Target for Patterson-UTI Energy$13.14 High Price Target$16.00 Low Price Target$10.00 Potential Upside/Downside+13.8%Consensus RatingModerate Buy Rating Score (0-4)2.56 Research Coverage16 Analysts Profitability EPS (Trailing Twelve Months)($0.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet 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 Ratio0.40 Current Ratio1.75 Quick Ratio1.57 Sales & Book Value Annual Sales$4.83 billion Price / Sales0.91 Cash Flow$2.35 per share Price / Cash Flow4.91 Book Value$8.50 per share Price / Book1.36Miscellaneous Outstanding Shares381,390,000Free Float372,995,000Market Cap$4.40 billion OptionableOptionable Beta0.77 Social Links Options Trading Made Easy - Download NowLearn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. 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