NASDAQ:PTEN Patterson-UTI Energy (PTEN) Stock Price, News & Analysis $12.73 -0.12 (-0.93%) Closing price 04:00 PM EasternExtended Trading$12.70 -0.03 (-0.20%) As of 06:20 PM 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 ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsBuy This Stock 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$12.58▼$13.0350-Day Range$9.27▼$12.8552-Week Range$5.10▼$13.08Volume8.05 million shsAverage Volume8.65 million shsMarket Capitalization$4.83 billionP/E RatioN/ADividend Yield3.14%Price Target$11.80Consensus RatingModerate Buy Company Overview Patterson-UTI Energy provides a comprehensive suite of onshore contract drilling and pressure pumping services to exploration and production companies in North America. The company’s core offerings include land-based drilling rigs, directional drilling, hydraulic fracturing services, downhole tool rental and well-servicing equipment. By integrating drilling and completion capabilities, Patterson-UTI Energy offers operators a streamlined solution designed to improve operational efficiency and well performance. Headquartered in Houston, Texas, Patterson-UTI Energy traces its origins to its founding in 1978 and was later incorporated in Delaware in 1996. Over the decades, the company has grown organically and through strategic acquisitions, building one of the largest fleets of high-specification drilling rigs in the U.S. market. Patterson-UTI Energy expanded its pressure pumping footprint in recent years to complement its drilling business, creating a diversified service platform. The company predominantly serves major U.S. onshore basins, including the Permian, Eagle Ford, Haynesville, Rockies and Cana-Woodford plays, as well as selected operations in Western Canada. Patterson-UTI Energy’s geographic focus on shale and tight-sand formations positions it to support customers across a range of oil and natural gas projects, from exploration to full-cycle development. Under the leadership of President and CEO Bradford E. Jones, Patterson-UTI Energy emphasizes safety, technology adoption and cost-effective operations. The management team combines extensive sector expertise with a commitment to continuous improvement, aiming to deliver value to customers and stakeholders in a dynamic energy environment.AI Generated. May Contain Errors. Read More Patterson-UTI Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks55th Percentile Overall ScorePTEN MarketRank™: Patterson-UTI Energy scored higher than 55% of companies evaluated by MarketBeat, and ranked 136th out of 249 stocks in the energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.3 / 5Analyst RatingModerate Buy Consensus RatingPatterson-UTI Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 strong buy rating, 7 buy ratings, 4 hold ratings, and 2 sell ratings.Downside RiskPatterson-UTI Energy has a consensus price target of $11.80, representing about 7.3% downside from its current price of $12.73.Amount of Analyst CoveragePatterson-UTI Energy has been the subject of 11 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 ($0.21) to $0.05 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson-UTI Energy is -41.06, 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 -41.06, 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 1.50. 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 Interest5.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.77% 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 1.33, 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 18.49%, indicating that investor sentiment is improving significantly. Dividend0.8 / 5Dividend StrengthWeak Dividend YieldPatterson-UTI Energy pays a meaningful dividend of 3.22%, 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 800.00% 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 Media3.2 / 5News Sentiment1.14 News SentimentPatterson-UTI Energy has a news sentiment score of 1.14. 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 0.63 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Patterson-UTI Energy this week, compared to 5 articles on an average week.Search InterestOnly 6 people have searched for PTEN on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows8 people have added Patterson-UTI Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 300% 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 $9,387,035.00 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 completes $500 million senior notes offeringMay 19 at 4:51 PM | tipranks.comA PTEN Director Sold $123K in Shares - what he kept adds contextMay 12, 2026 | fool.com$30 stock to buy before Starlink goes public (WATCH NOW!)A little-known stock pick with money-doubling potential over the next year is revealed for free in the first three minutes of a new video. This company is a critical piece of Elon Musk's fast-growing Starlink technology. It could climb 100 percent or more over the next year as Elon brings Starlink public in what may be the biggest IPO in history. No credit card is required to get the ticker.May 19 at 1:00 AM | Paradigm Press (Ad)Patterson UTI Debt Recast Highlights Valuation Gap And Earnings RisksMay 10, 2026 | finance.yahoo.comAssessing Patterson-UTI Energy (PTEN) Valuation After Mixed Short-Term Pullback And Stronger Recent ReturnsMay 10, 2026 | finance.yahoo.comPatterson-UTI Announces Senior Notes Offering and Redemption PlanMay 9, 2026 | theglobeandmail.comPatterson-UTI Energy (PTEN) Price Target Raised Following Better-than-Expected Q1May 9, 2026 | insidermonkey.comPatterson-UTI Energy (NASDAQ:PTEN) Director Sells $738,929.50 in StockMay 5, 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 start of the year. Since then, PTEN shares have increased by 108.3% and is now trading at $12.73. How were Patterson-UTI Energy's earnings last quarter? Patterson-UTI Energy, Inc. (NASDAQ:PTEN) posted its quarterly earnings results on Wednesday, April, 22nd. The oil and gas company reported ($0.06) EPS for the quarter, topping analysts' consensus estimates of ($0.10) by $0.04. Patterson-UTI Energy's revenue was down 12.7% compared to the same quarter last year. 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? Top institutional investors of Patterson-UTI Energy include Dimensional Fund Advisors LP (5.59%), Principal Financial Group Inc. (2.49%), Bank of America Corp DE (1.28%) and Renaissance Technologies LLC (1.09%). Insiders that own company stock include William Andrew Hendricks Jr, Robert Wayne Drummond Jr, Charles Andrew Smith, James Michael Holcomb, Seth David Wexler, James Carl Stewart, Tiffany Thom Cepak and Cesar Jaime. 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 Humana (HUM), American Water Works (AWK), Invesco QQQ (QQQ), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR) and TotalEnergies (TTE). Company Calendar Record date for 3/16 Dividend3/02/2026Ex-Dividend for 3/16 Dividend3/02/2026Dividend Payable3/16/2026Last Earnings4/22/2026Today5/19/2026Record date for 6/15 Dividend6/01/2026Ex-Dividend for 6/15 Dividend6/01/2026Dividend Payable6/15/2026Next Earnings (Estimated)7/22/2026Fiscal 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 (4m+) 1-Year History May 25 Aug 25 Nov 25 Feb 26 May 26 PTEN's financial health is in the Green zone, according to TradeSmith. PTEN has been in this zone for over 4 months. Industry, Sector and Symbol Stock ExchangeNASDAQ SectorEnergy Industry OIL&GAS - DRILL 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$11.80 High Price Target$15.00 Low Price Target$6.00 Potential Upside/Downside-7.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage14 Analysts Profitability EPS (Trailing Twelve Months)($0.31) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income-$93.64 million Net Margins-2.56% Pretax Margin-2.87% Return on Equity-2.32% Return on Assets-1.37% Debt Debt-to-Equity Ratio0.39 Current Ratio1.84 Quick Ratio1.63 Sales & Book Value Annual Sales$4.83 billion Price / Sales1.00 Cash Flow$2.33 per share Price / Cash Flow5.47 Book Value$8.34 per share Price / Book1.53Miscellaneous Outstanding Shares379,620,000Free Float371,266,000Market Cap$4.83 billion OptionableOptionable Beta0.64 Social Links Don't wait for the SpaceX IPOThe space race is growing fast, and you don’t have to wait for SpaceX to go public to invest. 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