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Why is PTEN down 3.18%?
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PTEN:NASDAQ
Patterson-UTI Energy Inc
$10.82
-3.18%
(-0.36) 1D
Sep 25, 2:50:08 PM GMT-4  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for PTEN...
Open
$11.05
High
$11.17
Low
$10.76
Mkt. cap
4.13B
Avg. vol.
8.06M
Volume
3.18M
Dividend
3.70%
Quarterly dividend
$0.10
Ex-dividend date
Sep 1, 2026
52-wk high
$13.39
52-wk low
$5.10
EPS
-$0.24
Beta
0.66
Shares outstanding
381.38M
No. of employees
8K
Open
$11.05
High
$11.17
Low
$10.76
Mkt. cap
4.13B
Avg. vol.
8.06M
Volume
3.18M
Dividend
3.70%
Quarterly dividend
$0.10
Ex-dividend date
Sep 1, 2026
52-wk high
$13.39
52-wk low
$5.10
EPS
-$0.24
Beta
0.66
Shares outstanding
381.38M
No. of employees
8K
News stories
From web sources and news partners
Profile
Patterson-UTI Energy, Inc. provides land drilling and pressure pumping services, directional drilling, rental equipment and technology to clients in the United States and western Canada. Patterson-UTI Companies include: Patterson-UTI Drilling Universal Pressure Pumping MS Directional Great Plains Oilfield Rental Warrior Rig Technologies Current Power Solutions Superior QC NexTier OFS Wikipedia
About Patterson-UTI Energy Inc
CEOWilliam Andrew Hendricks Jr.
Employees7.9K
Founded1978
HeadquartersHouston, Texas, United States
SectorDrilling
Websitepatenergy.com
Analyst ratings
Based on 9 analysts giving stock ratings to PTEN in the past 3 months
Buy
Buy
6
Hold
3
Sell
0
12-month forecast
Based on 9 Wall Street analysts offering 12 month price targets for PTEN in the last 3 months.
Highest
Current $10.82
$16.00 (+47.81%)
Average
$13.61 (+25.73%)
Lowest
$12.00 (+10.85%)
Analyst
Recommendation
Action
Price target
Projected
Date
Scott Gruber
Citi
Hold
Maintained
$13.50
+24.7%
09/04/2026
Joe Laetsch
Morgan Stanley
Hold
Reiterated
$12.00
+10.9%
08/20/2026
Saurabh Pant
Bank of America Securities
Buy
Reiterated
$13.00
+20.1%
08/19/2026
Arun Jayaram
J.P. Morgan
Hold
Upgraded
$12.00
+10.9%
08/04/2026
Eddie Kim
Barclays
Buy
Maintained
$16.00
+47.8%
08/05/2026
Charles Minervino
Susquehanna
Buy
Maintained
$13.00
+20.1%
08/03/2026
Keith Mackey
RBC Capital
Buy
Maintained
$15.00
+38.6%
07/30/2026
Stephen Gengaro
Stifel Nicolaus
Buy
Reiterated
$15.00
+38.6%
07/31/2026
Derek Podhaizer
Piper Sandler
Buy
Upgraded
$13.00
+20.1%
07/14/2026
Atidrip Modak
Goldman Sachs
Buy
Maintained
$13.00
+20.1%
06/03/2026
Douglas Becker
Capital One Financial
Buy
Upgraded
$12.00
+10.9%
04/20/2026
Last report
Jul 30, 2026
Fiscal period
Q2 2026
EPS / Est. (USD)
/ -$0.04
0.00%miss
Revenue / Est. (USD)
1.23B / 1.15B
+6.39%beat
Fiscal Q2 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Income statement
Revenue
Net income
All values in USD
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Revenue
1.18B
1.15B
1.12B
1.23B
Cost of goods sold
893.83M
871.89M
849.16M
947.33M
Cost of revenue
893.83M
871.89M
849.16M
947.33M
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
61.98M
62.06M
68.76M
67.50M
Operating expense
310.08M
306.95M
282.49M
287.60M
Total operating expenses
1.20B
1.18B
1.13B
1.23B
Operating income
-27.96M
-28.03M
-14.32M
-6.96M
Other non operating income
1.02M
354.00K
965.00K
-3.46M
EBT including unusual items
-43.04M
-15.13M
-28.07M
-27.92M
EBT excluding unusual items
-42.95M
-42.92M
-28.07M
-27.92M
Income tax expense
-6.59M
-5.93M
-3.60M
-8.65M
Effective tax rate
15.32%
39.20%
12.81%
30.97%
Other operating expenses
22.51M
-3.85M
-4.66M
2.31M
Net income
-36.40M
-9.09M
-24.63M
-19.60M
Net profit margin
-3.10%
-0.79%
-2.20%
-1.60%
Earnings per share
-0.05
-0.02
-0.06
-
Interest and investment income
1.48M
2.43M
2.76M
2.90M
Interest expense
-17.49M
-17.68M
-17.48M
-20.40M
Net interest expenses
-16.01M
-15.24M
-14.72M
-17.50M
Depreciation and amortization charges
225.60M
216.34M
218.39M
217.78M
EBITDA
169.83M
220.71M
204.08M
209.64M
Gain or loss from assets sale
-766.00K
1.05M
1.86M
1.78M
Insider transactions
Insider transactions data is drawn from third-party sources. Learn more
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