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NASDAQ:PTEN

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

Patterson-UTI Energy logo
$12.42 +0.30 (+2.48%)
Closing price 04:00 PM Eastern
Extended Trading
$12.45 +0.03 (+0.23%)
As of 07:56 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.

About Patterson-UTI Energy Stock (NASDAQ:PTEN)

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Key Stats

Today's Range
$12.06
$12.43
50-Day Range
$8.84
$12.42
52-Week Range
$5.10
$12.62
Volume
6.49 million shs
Average Volume
8.99 million shs
Market Capitalization
$4.71 billion
P/E Ratio
N/A
Dividend Yield
3.22%
Price Target
$11.80
Consensus Rating
Moderate Buy

Company Overview

Patterson-UTI Energy Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
57th Percentile Overall Score

PTEN MarketRank™: 

Patterson-UTI Energy scored higher than 57% of companies evaluated by MarketBeat, and ranked 135th out of 250 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 2.50, and is based on 1 strong buy rating, 7 buy ratings, 4 hold ratings, and 2 sell ratings.

  • Upside/Downside

    The consensus price target for Patterson-UTI Energy is close to its current price, suggesting limited near-term upside or downside.

  • Amount of Analyst Coverage

    Patterson-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 Growth

    Earnings 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 Market

    The P/E ratio of Patterson-UTI Energy is -40.06, 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. Sector

    The P/E ratio of Patterson-UTI Energy is -40.06, 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 Ratio

    Patterson-UTI Energy has a P/B Ratio of 1.49. 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

    3.77% 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 1.33, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Patterson-UTI Energy has recently decreased by 18.49%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Patterson-UTI Energy pays a meaningful dividend of 3.30%, 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 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 Sentiment

    Patterson-UTI Energy has a news sentiment score of 1.01. 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 0.62 average news sentiment score of Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Patterson-UTI Energy this week, compared to 5 articles on an average week.
  • Search Interest

    Only 6 people have searched for PTEN on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
  • MarketBeat Follows

    2 people have added Patterson-UTI Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% 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 $9,387,035.00 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

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PTEN Stock Analysis - Frequently Asked Questions

Patterson-UTI Energy's stock was trading at $6.11 at the beginning of 2026. Since then, PTEN stock has increased by 103.3% and is now trading at $12.42.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) announced its quarterly earnings results on Wednesday, April, 22nd. The oil and gas company reported ($0.06) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.04. Patterson-UTI Energy's quarterly revenue was down 12.7% compared to the same quarter last year.
Read the conference call transcript
.

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

Patterson-UTI Energy's top institutional shareholders include Dimensional Fund Advisors LP (5.59%), Principal Financial Group Inc. (2.49%), Renaissance Technologies LLC (1.09%) and ARGA Investment Management LP (1.03%). 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
.

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

Record date for 3/16 Dividend
3/02/2026
Ex-Dividend for 3/16 Dividend
3/02/2026
Dividend Payable
3/16/2026
Last Earnings
4/22/2026
Today
5/15/2026
Record date for 6/15 Dividend
6/01/2026
Ex-Dividend for 6/15 Dividend
6/01/2026
Dividend Payable
6/15/2026
Next Earnings (Estimated)
7/22/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

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

Price Target and Rating

High Price Target
$15.00
Low Price Target
$6.00
Potential Upside/Downside
-5.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
14 Analysts

Profitability

EPS (Trailing Twelve Months)
($0.31)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net 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 Ratio
0.39
Current Ratio
1.84
Quick Ratio
1.63

Sales & Book Value

Annual Sales
$4.83 billion
Price / Sales
0.98
Cash Flow
$2.41 per share
Price / Cash Flow
5.16
Book Value
$8.34 per share
Price / Book
1.49

Miscellaneous

Outstanding Shares
379,620,000
Free Float
371,266,000
Market Cap
$4.71 billion
Optionable
Optionable
Beta
0.64

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This page (NASDAQ:PTEN) was last updated on 5/15/2026 by MarketBeat.com Staff.
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