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Patterson-UTI Energy

PTEN · NASDAQ

$11.63−$0.42 (−3.49%)TodayMarket closed ·
Prev close $12.05

About PTEN

Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. The company is headquartered in Houston, Texas and currently employs 7,900 full-time employees. Its Drilling Services segment provides a comprehensive suite of directional drilling services in major producing onshore oil and natural gas basins in the United States, and it provides services that improve the statistical accuracy of wellbore placement for directional and horizontal wells. Its Completion Services segment consists of a well completion business consists of services for hydraulic fracturing, wireline and pumping, completion support, and cementing. Its Drilling Products segment engages in the manufacturing and distribution of drill bits throughout North America. The firm's drilling equipment is used in oil and natural gas exploration and production and in mining operations.

Employees
7,900
Headquarters
Houston, Texas
Listed
Nov 2, 1993
Sector
Energy
Industry
Energy Equipment & Services
Website
patenergy.com

PTEN key statistics

Market cap
4.44B
Price-earnings ratio
0.00
Dividend yield
3.08%
Average volume
6.87M
Volume
6.53M
Open price
$12.19
High today
$12.25
Low today
$11.52
52 Week high
$13.39
52 Week low
$5.24

Patterson-UTI Energy (PTEN) at a glance

Patterson-UTI Energy (PTEN) last traded at $11.63, with a market cap of 4.44B, a price-to-earnings ratio of 0.00 and a dividend yield of 3.08%.

Today the stock has traded between $11.52 and $12.25. The current price is 1.0% above the day's low and 5.1% below its high.

Volume so far is 6.53M shares, in line with the average of 6.87M shares a day.

Over the past year Patterson-UTI Energy has ranged from $5.24 to $13.39, and now sits 78% of the way up that range.

Patterson-UTI Energy met or beat analyst EPS estimates in 3 of the last 8 quarters. In Q2 FY26 it reported -$0.05 per share against an estimate of -$0.0437.

The average analyst price target is $14.52, 24.8% above the current price, from 10 recent ratings.

Analyst ratings

Latest rating from each analyst over the past 12 months

60%of 10 analyst ratings say Buy
  • Buy60.0%
  • Hold40.0%
  • Sell0.0%
Price target · 17 analystsAvg $14.52
Low
$12.12
Now
$11.63
High
$19.95

PTEN earnings

Earnings per share, reported against the analyst estimate

Beat the estimate in 3 of the last 8 quarters, by 74.5% on average.

  1. Q3 FY24: reported -$0.01 per share against an estimate of $0.0284
  2. Q4 FY24: reported -$0.13 per share against an estimate of -$0.1063
  3. Q1 FY25: reported $0.00 per share against an estimate of -$0.0415
  4. Q2 FY25: reported -$0.13 per share against an estimate of -$0.0453
  5. Q3 FY25: reported -$0.10 per share against an estimate of -$0.099
  6. Q4 FY25: reported -$0.02 per share against an estimate of -$0.1123
  7. Q1 FY26: reported -$0.06 per share against an estimate of -$0.1021
  8. Q2 FY26: reported -$0.05 per share against an estimate of -$0.0437

PTEN news

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 3% Dividend Yields

  • Full Transcript: Patterson-UTI Energy Q1 2026 Earnings Call

  • Avi Kapoor

    Jim Cramer Is Bullish On This Tech Stock: 'Continue To Own It'

  • Avi Kapoor

    Wall Street's Most Accurate Analysts Give Their Take On 3 Energy Stocks With Over 4% Dividend Yields

  • Exploring Patterson-UTI Energy's Earnings Expectations

  • Earnings Scheduled For February 5, 2025

  • Patterson-UTI Energy Earnings Preview

  • Lekha Gupta

    SLB, ADNOC Drilling, Patterson-UTI Join Forces To Accelerate UAE's Unconventional Oil Program

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Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.