Patterson-UTI Energy Stock

Patterson-UTI Energy Interest Coverage

The Interest Coverage Ratio of Patterson-UTI Energy (PTEN) as of Aug 9, 2026 is -0.39. In the previous year, Interest Coverage Ratio was -13.45 — a change of -97.06% (higher).

Interest Coverage

-0.39

YoY

-97.06%

Last updated:

Interest Coverage Ratio of Patterson-UTI Energy is 2026 -0.39 . Interest Coverage Ratio of Patterson-UTI Energy was 2025 -13.45 . It decreases by -97.06% higher compared to the previous year.
Access this data via the Eulerpool API

Patterson-UTI Energy Stock analysis

What does Patterson-UTI Energy do? 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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Patterson-UTI Energy stock

Interest Coverage Ratio of Patterson-UTI Energy is -0.39 in 2026.

Interest Coverage Ratio of Patterson-UTI Energy changed from -13.45 to -0.39, representing a -97.06% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Patterson-UTI Energy since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Patterson-UTI Energy with sector peers and the industry average to assess whether it is attractive.

Access this data via the Eulerpool API

Leverage — Patterson-UTI Energy

All Key Metrics — Patterson-UTI Energy