Patterson-UTI Energy (PTEN) Stock Price

Patterson-UTI Energy Price

NASDAQ·CLOSED
11.02USD-0.04 (-0.36 %)
Market closed

Revenue has compounded at 3.4% per year over the past 19 years to 4.83 B USD. Earnings per share have declined at 11.1% per year over the last 17 years. Patterson-UTI Energy's net margin stands at -1.9%, up from -48.2% several years earlier. Patterson-UTI Energy currently offers a dividend yield of about 2.90%. The dividend has grown at 0.7% per year over the past 19 years. Analysts set a median price target of 9.18 USD, implying 16.7% below the current price. Of 22 analysts, 12 rate the stock a buy — an overall Buy consensus. The stock trades about 113% above its 52-week low.

Patterson-UTI Energy stock price

Volume
Ex-Dividend
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Patterson-UTI Energy over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Patterson-UTI Energy stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Patterson-UTI Energy's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Patterson-UTI Energy Stock Price History
DatePatterson-UTI Energy Price
8/12/202611.02 USD
8/11/202611.06 USD
8/10/202610.81 USD
8/7/20269.87 USD
8/6/202610.05 USD
8/5/20269.85 USD
8/4/202610.07 USD
8/3/202610.27 USD
7/31/202610.48 USD
7/30/20269.85 USD
7/29/20269.31 USD
7/27/20269.66 USD
7/23/202610.34 USD
7/22/202610.72 USD
7/21/202610.53 USD
7/20/202610.10 USD
7/17/202610.02 USD
7/16/20269.64 USD
7/15/20269.84 USD
7/14/20269.86 USD
7/13/20269.66 USD
7/10/20269.39 USD
7/9/20269.40 USD
7/8/20269.51 USD
7/7/20269.15 USD
7/6/20268.89 USD
7/2/20268.66 USD
7/1/20268.57 USD
6/30/20269.18 USD
6/29/20269.58 USD
6/26/20269.59 USD
6/25/20269.77 USD
6/24/20269.52 USD
6/23/202610.07 USD
6/22/20269.91 USD
6/18/20269.75 USD
6/17/202610.45 USD
6/16/202610.68 USD
6/15/202610.87 USD
6/12/202611.64 USD
6/11/202612.03 USD
6/10/202612.02 USD
6/9/202611.59 USD
6/8/202611.90 USD
6/5/202611.75 USD
6/4/202612.31 USD
6/3/202612.04 USD
6/2/202611.90 USD
6/1/202611.57 USD
5/29/202611.05 USD
5/28/202611.48 USD
5/27/202611.73 USD
5/26/202612.23 USD
5/22/202612.14 USD
5/21/202612.33 USD
5/20/202612.43 USD
5/19/202612.73 USD
5/18/202612.85 USD
5/15/202612.42 USD
5/14/202612.12 USD
5/13/202612.00 USD
5/12/202612.06 USD
5/8/202611.42 USD
5/7/202611.41 USD
5/6/202611.58 USD
5/5/202612.41 USD
5/4/202612.29 USD
5/1/202611.99 USD
4/30/202612.22 USD
4/29/202612.35 USD
4/28/202611.82 USD
4/27/202611.46 USD
4/24/202611.33 USD
4/23/202611.14 USD
4/22/202610.81 USD
4/21/202610.56 USD
4/20/20269.77 USD
4/17/20269.42 USD
4/16/202610.41 USD
4/15/20269.92 USD
4/14/20269.88 USD
4/13/202610.56 USD
4/10/202610.05 USD
4/9/202610.14 USD
4/8/202610.33 USD
4/7/202611.23 USD
4/6/202610.59 USD
4/2/202610.61 USD
4/1/202610.35 USD
3/31/202610.83 USD
3/30/202611.05 USD
3/27/202611.36 USD
3/26/202611.26 USD
3/25/202610.93 USD
3/24/202610.89 USD
3/23/202610.72 USD
3/20/202610.91 USD
3/19/202610.72 USD
3/18/202610.74 USD
3/17/202610.72 USD
3/16/202610.14 USD
3/13/202610.29 USD
3/12/20269.85 USD
3/11/20269.82 USD
3/10/20269.50 USD
3/9/20269.27 USD
3/6/20268.97 USD
3/5/20268.84 USD
3/4/20268.87 USD
3/3/20268.83 USD
3/2/20268.82 USD
2/27/20268.51 USD
2/26/20268.41 USD
2/25/20268.34 USD
2/24/20268.32 USD
2/23/20268.36 USD
2/20/20268.41 USD
2/19/20268.50 USD
2/18/20268.17 USD
2/17/20267.92 USD
2/13/20268.10 USD
2/12/20268.14 USD
2/11/20268.57 USD
2/10/20268.27 USD
2/9/20268.70 USD
2/6/20268.66 USD
2/5/20268.17 USD
2/4/20267.95 USD
2/3/20267.81 USD
2/2/20267.59 USD
1/30/20267.53 USD
1/29/20267.54 USD
1/28/20267.33 USD
1/27/20267.44 USD
1/26/20267.35 USD
1/23/20267.30 USD
1/22/20267.39 USD
1/21/20267.36 USD
1/20/20267.09 USD
1/16/20267.15 USD
1/15/20267.11 USD
1/14/20267.13 USD
1/13/20267.15 USD
1/12/20266.75 USD
1/9/20266.81 USD
1/8/20267.03 USD
1/7/20266.61 USD
1/6/20266.64 USD
1/5/20266.79 USD
1/2/20266.47 USD
12/31/20256.11 USD
12/30/20256.08 USD
12/29/20255.93 USD
12/26/20255.85 USD
12/24/20255.91 USD
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12/19/20255.83 USD
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12/16/20255.89 USD
12/15/20256.22 USD
12/12/20256.21 USD
12/11/20256.35 USD
12/10/20256.46 USD
12/9/20256.32 USD
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12/4/20256.48 USD
12/3/20256.28 USD
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11/28/20255.81 USD
11/26/20255.68 USD
11/25/20255.71 USD
11/24/20255.59 USD
11/21/20255.53 USD
11/20/20255.41 USD
11/19/20255.62 USD
11/18/20255.79 USD
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11/14/20255.98 USD
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11/12/20255.97 USD
11/11/20256.39 USD
11/10/20256.15 USD
11/7/20256.08 USD
11/6/20256.07 USD
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11/4/20256.01 USD
11/3/20256.40 USD
10/31/20256.27 USD
10/30/20256.30 USD
10/29/20256.49 USD
10/28/20256.26 USD
10/27/20256.56 USD
10/24/20256.63 USD
10/23/20256.76 USD
10/22/20256.08 USD
10/21/20256.03 USD
10/20/20255.77 USD
10/17/20255.51 USD
10/16/20255.62 USD
10/15/20255.73 USD
10/14/20255.68 USD
10/13/20255.67 USD
10/10/20255.37 USD
10/9/20255.71 USD
10/8/20255.90 USD
10/7/20255.93 USD
10/6/20255.81 USD
10/3/20255.56 USD
10/2/20255.34 USD
10/1/20255.37 USD
9/30/20255.18 USD
9/29/20255.32 USD
9/26/20255.58 USD
9/25/20255.50 USD
9/24/20255.52 USD
9/23/20255.49 USD
9/22/20255.39 USD
9/19/20255.35 USD
9/18/20255.53 USD
9/17/20255.48 USD
9/16/20255.62 USD
9/15/20255.41 USD
9/12/20255.54 USD
9/11/20255.56 USD
9/10/20255.47 USD
9/9/20255.50 USD
9/8/20255.62 USD
9/5/20255.67 USD
9/4/20255.83 USD
9/3/20255.52 USD
9/2/20255.74 USD
8/29/20255.81 USD
8/28/20255.74 USD
8/27/20255.71 USD
8/26/20255.67 USD
8/25/20255.76 USD
8/22/20255.81 USD
8/21/20255.39 USD
8/20/20255.29 USD
8/19/20255.38 USD
8/18/20255.39 USD
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Patterson-UTI Energy Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
1.36 B USD
-678.03 M USD
-654.55 M USD
Jan 1, 2022
2.65 B USD
207.76 M USD
154.66 M USD
Jan 1, 2023
4.15 B USD
351.95 M USD
246.29 M USD
Jan 1, 2024
5.38 B USD
-890.71 M USD
-968.03 M USD
Jan 1, 2025
4.83 B USD
-25.21 M USD
-93.64 M USD
Jan 1, 2026 (e)
4.92 B USD
-470.85 M USD
-19.17 M USD
Jan 1, 2027 (e)
5.17 B USD
-504.77 M USD
93.60 M USD
Jan 1, 2028 (e)
5.16 B USD
-521.09 M USD
211.22 M USD

Patterson-UTI Energy Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 15, 2026, 8:05 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEM USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
20132014201520162017201820192020202120222023202420252026e2027e2028e
2.723.181.890.922.363.332.471.121.362.654.155.384.834.925.175.16
-0.2617.16-40.57-51.61157.4941.21-25.76-54.4920.7395.0656.6329.69-10.251.865.15-0.25
14.4310.91-10.84-43.83-6.110.24-12.39-30.96-42.3011.9814.545.324.754.754.754.75
0.390.35-0.21-0.40-0.140.01-0.31-0.35-0.570.320.600.290.230.230.250.24
0.320.28-0.41-0.46-0.29-0.32-0.46-0.89-0.680.210.35-0.89-0.03-0.47-0.50-0.52
11.868.89-21.47-49.84-12.39-9.65-18.66-79.27-49.967.828.47-16.55-0.52-9.56-9.75-10.10
188.00162.00-294.00-318.005.00-321.00-425.00-803.00-654.00154.00246.00-968.00-93.00-19.0093.00211.00
-37.12-13.83-281.488.16-101.57-6,520.0032.4088.94-18.56-123.5559.74-493.50-90.39-79.57-589.47126.88
0.200.400.400.160.080.180.160.100.080.200.320.320.320.400.480.58
–100.00–-60.00-50.00125.00-11.11-37.50-20.00150.0060.00––25.0020.0020.83
144.17145.59145.71146.66221.90215.70193.69187.48215.09219.84418.75389.45379.24379.24379.24379.24
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Patterson-UTI Energy generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Patterson-UTI Energy retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Patterson-UTI Energy's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Patterson-UTI Energy has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Patterson-UTI Energy's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Patterson-UTI Energy stock margins

The Patterson-UTI Energy margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Patterson-UTI Energy. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Patterson-UTI Energy.

  • 3 Years

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  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
-42.30 %
-49.96 %
-48.23 %
Jan 1, 2022
11.98 %
7.85 %
5.84 %
Jan 1, 2023
14.56 %
8.49 %
5.94 %
Jan 1, 2024
5.32 %
-16.56 %
-18.00 %
Jan 1, 2025
4.76 %
-0.52 %
-1.94 %
Jan 1, 2026 (e)
4.76 %
-9.58 %
-0.39 %
Jan 1, 2027 (e)
4.76 %
-9.77 %
1.81 %
Jan 1, 2028 (e)
4.76 %
-10.11 %
4.10 %

Patterson-UTI Energy Stock Revenue, EBIT, Earnings per Share

The Patterson-UTI Energy earnings per share therefore indicates how much revenue Patterson-UTI Energy has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
6.31 USD
-3.15 USD
-3.04 USD
Jan 1, 2022
12.04 USD
0.95 USD
0.70 USD
Jan 1, 2023
9.90 USD
0.84 USD
0.59 USD
Jan 1, 2024
13.81 USD
-2.29 USD
-2.49 USD
Jan 1, 2025
12.73 USD
-0.07 USD
-0.25 USD
Jan 1, 2026 (e)
12.82 USD
-1.24 USD
-0.05 USD
Jan 1, 2027 (e)
13.48 USD
-1.33 USD
0.24 USD
Jan 1, 2028 (e)
13.45 USD
-1.37 USD
0.55 USD

Patterson-UTI Energy business model & stock analysis

Patterson-UTI Energy Inc is a US-based company specializing in the oil and gas industry. It was founded in 1978 and is headquartered in Houston, Texas. The company began as a small drilling firm in West Texas and quickly became one of the largest oilfield equipment suppliers in the country. Over the years, the company has expanded its offerings to better serve its customers. Its business model is based on providing onshore drilling and fracking services for oil and gas exploration worldwide. The company operates a fleet of modern drilling and fracking equipment and provides internal technical support to increase efficiency and effectiveness. It is involved in various business segments, including drilling services, fracking services and equipment, and natural gas storage and transportation. The company also offers solutions for natural gas storage and transportation, including underground storage and the use of pipelines. Patterson-UTI Energy Inc has experienced strong growth in recent years, largely due to increased demand for oil and gas services. It has a significant number of customers in the industry who prefer its services. Overall, Patterson-UTI Energy Inc is a leading company in the oil and gas industry, specializing in onshore drilling and fracking services. It offers a wide range of products and services and is a key source of equipment and systems in the industry. With its continuous growth and experience, it is well positioned to continue to be successful and maintain its leading position in the market.

Patterson-UTI Energy SWOT Analysis

Strengths

Patterson-UTI Energy Inc has a strong market presence and is recognized as a leading provider of drilling and oilfield services.

The company has a large fleet of technologically advanced drilling rigs, allowing them to efficiently serve their customers' needs.

Patterson-UTI Energy Inc has a well-established customer base comprising major oil and gas companies, providing a stable revenue stream.

Weaknesses

The company is highly dependent on the performance of the oil and gas industry, making it vulnerable to fluctuations in commodity prices.

Patterson-UTI Energy Inc operates in a highly competitive market, facing competition from both large and small players.

The company faces potential regulatory and environmental challenges, which could increase operational costs and limit expansion opportunities.

Opportunities

There is a growing demand for energy, particularly in emerging markets, which presents an opportunity for Patterson-UTI Energy Inc to expand its operations.

Advancements in technology and drilling techniques provide an opportunity for the company to improve operational efficiency and reduce costs.

The shift towards renewable energy sources opens up new avenues for diversification, and Patterson-UTI Energy Inc can explore renewable energy projects to capitalize on this trend.

Threats

Fluctuating oil prices and economic uncertainties pose a threat to the company's financial performance and profitability.

Increased government regulations and stricter environmental policies could impact the company's operations and increase compliance costs.

Competition from alternative energy sources and energy efficiency measures may affect the demand for traditional oil and gas drilling services.

Patterson-UTI Energy Employees

  • 3 Years

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  • Max

Patterson-UTI Energy Employees
Details
Date
Patterson-UTI Energy Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Patterson-UTI Energy Segments

Patterson-UTI Energy Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • Max

Contract Drilling
Pressure Pumping
Directional Drilling
Other
Details
Date
Contract Drilling
Pressure Pumping
Directional Drilling
Other
Jan 1, 2018
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2019
1.31 B USD
868.69 M USD
188.79 M USD
104.86 M USD
Jan 1, 2020
669.13 M USD
336.11 M USD
73.36 M USD
45.66 M USD
Jan 1, 2021
664.03 M USD
523.76 M USD
111.48 M USD
57.81 M USD
Jan 1, 2022
1.32 B USD
1.02 B USD
216.50 M USD
92.01 M USD

Patterson-UTI Energy Revenue by Segment (2/3)

  • 3 Years

  • 5 Years

  • Max

Pressure pumping
Contract Drilling
Directional drilling
Other
Details
Date
Pressure pumping
Contract Drilling
Directional drilling
Other
Jan 1, 2018
1.57 B USD
1.43 B USD
209.28 M USD
113.83 M USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2021
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Patterson-UTI Energy Revenue by Segment (3/3)

  • 3 Years

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  • Max

Other Operations
Details
Date
Other Operations
Jan 1, 2018
131.03 M USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2021
0.00 USD
Jan 1, 2022
0.00 USD

Patterson-UTI Energy Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
COLOMBIA
Canada
Details
Date
United States
COLOMBIA
Canada
Jan 1, 2018
0.00 USD
0.00 USD
9.30 M USD
Jan 1, 2019
0.00 USD
0.00 USD
4.70 M USD
Jan 1, 2020
0.00 USD
0.00 USD
1.00 M USD
Jan 1, 2021
0.00 USD
15.80 M USD
0.00 USD
Jan 1, 2022
2.58 B USD
70.12 M USD
0.00 USD

Patterson-UTI Energy Eulerpool Fair Value

Details

Fair Value Estimate

ⓘ

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Patterson-UTI Energy historical P/E ratio, EBIT multiple, and P/S ratio

Patterson-UTI Energy annual returns

Details

Annual Return

ⓘ

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Patterson-UTI Energy shares outstanding

The number of shares of Patterson-UTI Energy was 379.24 M in 2025. This indicates how many shares Patterson-UTI Energy is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.

  • 3 Years

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  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
215.09 M Stocks
Jan 1, 2022
219.84 M Stocks
Jan 1, 2023
418.75 M Stocks
Jan 1, 2024
389.45 M Stocks
Jan 1, 2025
379.24 M Stocks
Jan 1, 2026 (e)
379.24 M Stocks
Jan 1, 2027 (e)
379.24 M Stocks
Jan 1, 2028 (e)
379.24 M Stocks

Patterson-UTI Energy stock splits

In Patterson-UTI Energy's history, there have been no stock splits.

Patterson-UTI Energy Dividend History

23 years of dividend payments

YearAnnual DividendYoY ChangePayments
20260.30USDYTD—3×
Mar 2, 20260.10USD↑ 25.0%1/3
Jun 1, 20260.10USD 0.0%2/3
Sep 1, 2026Declared0.10USD 0.0%3/3
20250.32USD 0.0%4×
Mar 3, 20250.08USD 0.0%1/4
Jun 2, 20250.08USD 0.0%2/4
Sep 2, 20250.08USD 0.0%3/4
Dec 1, 20250.08USD 0.0%4/4
20240.32USD 0.0%4×
20230.32USD↑ 60.0%4×
20220.20USD↑ 150.0%4×
20210.08USD↓ 20.0%4×
20200.10USD↓ 37.5%4×
20190.16USD↓ 11.1%4×
20180.18USD↑ 125.0%5×
20170.08USD↓ 50.0%4×

Patterson-UTI Energy dividend history and estimates

In 2025, Patterson-UTI Energy paid a dividend amounting to 0.32 USD. Dividend means that Patterson-UTI Energy distributes a portion of its profits to its owners.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.08 USD
0.00 USD
Jan 1, 2022
0.20 USD
0.00 USD
Jan 1, 2023
0.32 USD
0.00 USD
Jan 1, 2024
0.32 USD
0.00 USD
Jan 1, 2025
0.32 USD
0.00 USD
Jan 1, 2026 (e)
0.30 USD
0.10 USD
Jan 1, 2027 (e)
0.00 USD
0.48 USD
Jan 1, 2028 (e)
0.00 USD
0.58 USD

Patterson-UTI Energy dividend payout ratio

In 2025, Patterson-UTI Energy had a payout ratio of -129.61%. The payout ratio indicates the percentage of the company's profits that Patterson-UTI Energy distributes as dividends.

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
-2.63 %
Jan 1, 2022
28.43 %
Jan 1, 2023
54.41 %
Jan 1, 2024
-12.87 %
Jan 1, 2025
-129.61 %
Jan 1, 2026 (e)
127.74 %
Jan 1, 2027 (e)
196.64 %
Jan 1, 2028 (e)
104.57 %

Current Patterson-UTI Energy forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
24.14 %
Buy
54.55 % (12)
Hold
36.36 % (8)
Sell
9.09 % (2)
12M Price Target
9.18
Last Price
10.90
Currency
USD
12M Return Potential
-15.78 %
LTM Return
0 %

Patterson-UTI Energy Analyst Rating Actions

DateFirmActionRatingReliability
7/31/2026
JP Morgan
JP Morgan
UpgradeUnderweightNeutral80
7/14/2026
Piper Sandler
Piper Sandler
UpgradeNeutralOverweight51
7/8/2026
Susquehanna
Susquehanna
MaintainedPositive–
6/29/2026
Citigroup
Citigroup
MaintainedNeutral48
6/16/2026
Stifel
Stifel
MaintainedBuy–
6/4/2026
Goldman Sachs
Goldman Sachs
MaintainedBuy–
5/29/2026
RBC Capital
RBC Capital
MaintainedOutperform52
5/27/2026
Susquehanna
Susquehanna
MaintainedPositive–
5/27/2026
Piper Sandler
Piper Sandler
MaintainedNeutral51
5/8/2026
Barclays
Barclays
UpgradeEqual WeightOverweight33

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Patterson-UTI Energy Earnings Calls

2025

Patterson-UTI Energy Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/29/2026-0.05USD-1.16 BUSD-2026 Q2
4/29/2026-0.10USD-1.12 BUSD-2026 Q1
2/4/2026-0.13USD-1.12 BUSD-2025 Q4
11/6/20240.20USD-1.60 BUSD-2024 Q3
4/25/20240.26USD-1.62 BUSD-2024 Q1
2/6/20240.20USD-1.54 BUSD-2023 Q4
7/26/20230.54USD-831.34 MUSD-2023 Q2
4/26/20230.41USD-782.73 MUSD-2023 Q1
2/8/20230.33USD-754.15 MUSD-2022 Q4
10/26/20220.19USD-682.19 MUSD-2022 Q3
...

EESG©

Eulerpool ESG Scorecard© for the Patterson-UTI Energy stock

67/100
61
Environment
66
Social
73
Governance
E

Environment

20
Scope 1 - Direct Emissions—
Scope 2 - Indirect emissions from purchased energy—
Scope 3 - Indirect emissions within the value chain—
Total CO₂ emissions—
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather—
Pesticides—
Palm Oil—
Tobacco
Genetically modified organisms
Climate concept—
Sustainable forestry—
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees7
Percentage of women in management—
Percentage of Asian employees2
Share of Asian management—
Percentage of Hispanic/Latino employees36
Hispano/Latino Management share—
Percentage of Black employees8
Black Management Share—
Percentage of white employees51
White Management Share—
Adult content
Alcohol
Weapons—
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept—
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Patterson-UTI Energy shareholder structure

% Name
15.87719%
BLACKROCK, INC.
BLACKROCK, INC.
13.05061%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
10.97440%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
7.31788%
Blackstone Inc.
Blackstone Inc.
7.05659%
VANGUARD PORTFOLIO MANAGEMENT LLC
VANGUARD PORTFOLIO MANAGEMENT LLC
5.53155%
DIMENSIONAL FUND ADVISORS LP
DIMENSIONAL FUND ADVISORS LP
...

Patterson-UTI Energy Beneficial Ownership Filings (SEC 13D/G)

Free Float
96.0%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
66.50%
USA INTERACTIVE
USA INTERACTIVE
SEC ↗
58.95%
Loomis, Sayles & Co., L.P.
Loomis, Sayles & Co., L.P.
SEC ↗
14.40%
BlackRock, Inc.
BlackRock, Inc.
SEC ↗
14.40%
Stephen A. Schwarzman
Stephen A. Schwarzman
SEC ↗
14.40%
BMA VII L.L.C.
BMA VII L.L.C.
SEC ↗
14.40%
Blackstone Management Associates VII L.L.C.
Blackstone Management Associates VII L.L.C.
SEC ↗
14.40%
Blackstone Inc.
Blackstone Inc.
SEC ↗
14.40%
Blackstone Holdings III L.P.
Blackstone Holdings III L.P.
SEC ↗
14.40%
Blackstone Holdings III GP Management L.L.C.
Blackstone Holdings III GP Management L.L.C.
SEC ↗
14.40%
Blackstone Holdings III GP L.P.
Blackstone Holdings III GP L.P.
SEC ↗

Patterson-UTI Energy Executives and Management Board

14 members · avg. age 62 · 29 % women

WH

Mr. William Hendricks (60)

President, Chief Executive Officer, Director · since 2012

12.05 M USD

Management

JH

Mr. James Holcomb (62)

Chief Operating Officer

4.50 M USD
CS

Mr. C. Andrew Smith (54)

Chief Financial Officer, Executive Vice President

4.08 M USD
SW

Mr. Seth Wexler (53)

Senior Vice President, General Counsel, Secretary

3.72 M USD
KB

Mr. Kenneth Berns (65)

Executive Vice President, Chief Commercial Officer · since 2001

3.37 M USD

Board of Directors

RD

Mr. Robert Drummond (64)

Independent Vice Chairman of the Board

2.76 M USD
CH

Mr. Curtis Huff (67)

Independent Chairman of the Board

432,498.00 USD
TC

Ms. Tiffany Cepak (52)

Independent Director

309,992.00 USD
GH

Mr. Gary Halverson (66)

Independent Director

304,992.00 USD
AN

Ms. Amy Nelson (56)

Independent Director

299,992.00 USD
JR

Ms. Julie Robertson (69)

Independent Director

299,992.00 USD

Patterson-UTI Energy Supply Chain

Patterson-UTI Energy Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
2 companies
#Nameβ 1YTrend
1
Select Energy Services A
Supplier·Energy Equipment & Services·US
-0.49
0.50
0.39
0.90
0.90
0.92
0.78
2
Solaris Oilfield Infra A
Supplier·Energy Equipment & Services·US
0.02
0.14
0.74
0.94
0.77
0.50
—

Frequently asked questions about Patterson-UTI Energy

The business model of Patterson-UTI Energy Inc is focused on providing contract drilling services to oil and natural gas exploration and production companies. As a leading provider of drilling and pressure pumping services, Patterson-UTI Energy operates a fleet of high-specification drilling rigs and provides pressure pumping services such as hydraulic fracturing. The company offers its services to customers primarily in the United States and aims to maximize value for its shareholders through efficient drilling operations, innovative technologies, and a commitment to safety, environmental sustainability, and operational excellence.

Patterson-UTI Energy Inc is primarily active in the energy sector, specifically within the oil and natural gas industry.

The main competitors of Patterson-UTI Energy Inc in the market are Schlumberger Limited, Halliburton Company, and Baker Hughes, a GE company.

Patterson-UTI Energy Inc. is an esteemed energy services company founded in 1978. Headquartered in Houston, Texas, it specializes in onshore drilling and hydraulic fracturing. With a long-standing history in the industry, Patterson-UTI Energy Inc. has emerged as a leading provider of drilling services, boasting a vast fleet of technologically advanced drilling rigs. The company's commitment to excellence and safety has earned it a reputable position in the market. Patterson-UTI Energy Inc. strives to deliver efficient and reliable solutions to its clients, contributing significantly to the development of the energy sector.

Patterson-UTI Energy Inc has achieved several significant milestones over the years. The company has successfully provided drilling services and equipment to the oil and natural gas industry since its inception. It expanded its operations through strategic acquisitions, allowing it to enhance its presence and capabilities in key markets. Patterson-UTI has also established a strong track record of operational excellence, delivering high-quality services and maintaining a safe working environment. The company's commitment to technological advancements and innovation has enabled it to stay ahead in the industry. Patterson-UTI Energy Inc has continuously demonstrated its commitment to delivering value to its clients and shareholders while maintaining a strong position among its competitors.

Patterson-UTI Energy Inc primarily operates in the United States, specifically in various regions including Texas, Oklahoma, Louisiana, Pennsylvania, and Colorado.

Patterson-UTI Energy Inc embodies a set of core values and corporate philosophy centered on excellence and integrity. With a strong commitment to delivering safe, reliable, and efficient drilling services for the energy industry, Patterson-UTI strives for operational excellence through advanced technologies and innovation. The company's philosophy revolves around fostering strong customer relationships, maintaining a highly skilled workforce, and upholding the highest standards of safety and environmental stewardship. Patterson-UTI Energy Inc also emphasizes accountability, teamwork, and a results-driven approach to provide value to its shareholders and drive long-term success in the energy sector.

Analysts currently set an average price target of 8.89 USD for the Patterson-UTI Energy stock (median: 9.18 USD), implying -18.5 % versus the latest price. The consensus is based on 22 analyst ratings.

Patterson-UTI Energy Analyst Price Targets 2026

22 analysts currently rate the Patterson-UTI Energy stock: 11 recommend buying, 9 holding and 2 selling. For 2026, analysts expect Patterson-UTI Energy to generate revenue of 4.92 B USD and earnings per share of -0.05 USD.

Patterson-UTI Energy Analyst Price Targets 2026

Converted at the current exchange rate, the Patterson-UTI Energy share trades at 9.53 EUR (11.02 USD).

The Patterson-UTI Energy share (PTEN) is listed on 5 stock exchanges, including: NASDAQ (PTEN), Frankfurt (PE1.F), München (PE1.MU), Düsseldorf (PE1.DU), SIX (Zürich) (PE1.SW).

Patterson-UTI Energy Inc is a company that specializes in providing drilling and fracking services for the oil and gas industry. The company offers a variety of services, including land drilling, hydraulic fracking, and horizontal drilling. The company is divided into four business segments: Drilling, Drilling Technologies, Pressure Pumping, and Oil & Gas. In the Drilling segment, the company offers land drilling, horizontal drilling, and directional drilling. The Drilling Technologies segment involves the development and sale of drilling technology and accessories, such as drill heads, drill inserts, and supports. The Pressure Pumping segment provides fracking services, including the provision of pressure pumps, tanks, and pumping equipment. The Oil & Gas segment is responsible for the exploration and production of oil and gas reserves. Patterson-UTI Energy also provides a variety of products to its customers, including wellbore cleaning services, wellbore measurements and testing, transportation services, and fracking equipment. The company also offers rental equipment and supplies for customers to conduct their oil and gas activities. Patterson-UTI Energy is headquartered in Houston, Texas, and operates in various regions in the United States. The company also has business segments in Canada and the Gulf of Mexico. The company's business model is based on providing effective and efficient drilling and fracking services to the oil and gas market in North America. The company strives to enable successful drilling projects for its customers by offering advanced technology, experienced employees, and an extensive range of services. Patterson-UTI Energy relies on brand-new equipment and continuous maintenance of this equipment to provide its customers with reliable and high-quality service. Through investments in technology and talent, the company is able to adapt to changing market conditions and enhance its competitive position. The company also works closely with its customers to understand their individual needs and offer customized solutions. Customer relationships and a high level of service quality form the foundation of Patterson-UTI Energy's business model. Due to the increasing demand for oil and gas resources in North America, the oil and gas sector remains an important industry, and Patterson-UTI Energy is well positioned to meet the growing demand for drilling and fracking services. The company is committed to operating in a sustainable and responsible manner to meet the needs of its customers and the environment. Overall, Patterson-UTI Energy's business model is focused on providing high-quality drilling and fracking services for the oil and gas sector in North America. The company relies on advanced technology, experience, and customer relationships to strengthen its position as a leading provider of drilling and fracking services in the market.

The expected revenue of Patterson-UTI Energy is 4.92 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Patterson-UTI Energy is -19.17 M USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Patterson-UTI Energy is currently -217.97. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Patterson-UTI Energy stock.

The price-to-sales ratio (P/S) of Patterson-UTI Energy is currently 0.85. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Patterson-UTI Energy stock.

The Eulerpool Quality Score for Patterson-UTI Energy is 3/10.

The ISIN of Patterson-UTI Energy is US7034811015. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Patterson-UTI Energy is 905153. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Patterson-UTI Energy is PTEN. The ticker symbol is used to trade Patterson-UTI Energy shares on the stock exchange.

Over the past 12 months, Patterson-UTI Energy paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 2.90 %. For the coming 12 months, Patterson-UTI Energy is expected to pay a dividend of 0.48 USD.

The current dividend yield of Patterson-UTI Energy is 2.90 %.

Patterson-UTI Energy pays a dividend, distributed in the months of , , , .

Patterson-UTI Energy paid dividends every year for the past 22 years.

For the upcoming 12 months, dividends amounting to 0.48 USD are expected. This corresponds to a dividend yield of 4.36 %.

Patterson-UTI Energy is assigned to the 'Energy' sector.

To receive the latest dividend of Patterson-UTI Energy from amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

In the year 2025, Patterson-UTI Energy distributed 0.32 USD as dividends.

The dividends of Patterson-UTI Energy are distributed in USD.

All fundamentals and in-depth analysis of Patterson-UTI Energy

Our stock analysis for Patterson-UTI Energy stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson-UTI Energy. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.

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