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NASDAQEnergyOil & Gas Drilling
Latest quote
$11.48
+$0.25 · +2.23%
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Latest quote
$11.48
+$0.25 · +2.23%
After-hours
$11.43
−$0.05 · -0.44%
Oct 8, 7:41 PM ET
Regular session · ET · Market data may be delayed.
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Day range
Current $11.48
52-week range
Current $11.48
Regular session · ET · Market data may be delayed.
GoAI Score
Hold
Valuation
58
Fair Value
Sentiment
61
Bullish
Risk
49
Elevated Risk
Momentum
48
Neutral
Full GoAI research
Thesis, catalysts, evidence, and risk analysis.
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Day range
Current $11.48
52-week range
Current $11.48
Profitability as a percentage of reported revenue.
Revenue
Operating income
Net income
| Metric (USD) | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | 4.83B USD | 5.38B USD | 4.15B USD | 2.65B USD | 1.36B USD |
| Cost of goods sold | 4.6B USD | 5.09B USD | 3.54B USD | 2.33B USD | 1.93B USD |
| Gross profit | 229.86M USD | 286.17M USD | 603.72M USD | 317.1M USD | −574.05M USD |
| Selling, general, and administrative | 255.07M USD | 268.34M USD | 169.96M USD | 116.59M USD | 92.38M USD |
| Operating expenses | 255.07M USD | 1.18B USD | 251.77M USD | 106.07M USD | 103.71M USD |
| Interest income | 6.65M USD | 5.73M USD | 6.12M USD | 360K USD | 222K USD |
| Interest expense | 70.51M USD | 71.96M USD | 52.87M USD | 40.26M USD | 41.98M USD |
| Depreciation and amortization | 940.26M USD | 1.17B USD | 731.42M USD | 483.95M USD | 849.18M USD |
| Operating income | −25.21M USD | −889.74M USD | 351.95M USD | 211.03M USD | −677.75M USD |
| Net income | −93.64M USD | −968.03M USD | 246.29M USD | 154.66M USD | −654.55M USD |
Company facts updated Oct 9, 2026.
Recent quarterly results
Recent quarterly results
Third-party consensus; not a GoAI recommendation.
Average target
$13.38
16.55% upsideCash distributions grouped by calendar year; partial years are marked.
$0.32
2025 complete year+300.0% since 2021
2026 partial: $0.30
$0.08
2,021
$0.20
2,022
$0.32
2,023
$0.32
2,024
$0.32
2,025
$0.30
2,026*
* Partial calendar year in the available dividend history.
| Action | Ex-dividend date | Details | Record date | Payment date |
|---|---|---|---|---|
Dividend | Sep 1, 2026 | $0.10Quarterly | Sep 1, 2026 | Sep 15, 2026 |
Dividend | Jun 1, 2026 | $0.10Quarterly | Jun 1, 2026 | Jun 15, 2026 |
Dividend | Mar 2, 2026 | $0.10Quarterly | Mar 2, 2026 | Mar 16, 2026 |
Dividend | Dec 1, 2025 | $0.08Quarterly | Dec 1, 2025 | Dec 15, 2025 |
Dividend | Sep 2, 2025 | $0.08Quarterly | Sep 2, 2025 | Sep 15, 2025 |
Dividend | Jun 2, 2025 | $0.08Quarterly | Jun 2, 2025 | Jun 16, 2025 |
Ex-dividend Sep 1, 2026
$0.10
Quarterly
Record Sep 1, 2026 · Payment Sep 15, 2026
Ex-dividend Jun 1, 2026
$0.10
Quarterly
Record Jun 1, 2026 · Payment Jun 15, 2026
Ex-dividend Mar 2, 2026
$0.10
Quarterly
Record Mar 2, 2026 · Payment Mar 16, 2026
Ex-dividend Dec 1, 2025
$0.08
Quarterly
Record Dec 1, 2025 · Payment Dec 15, 2025
Ex-dividend Sep 2, 2025
$0.08
Quarterly
Record Sep 2, 2025 · Payment Sep 15, 2025
Ex-dividend Jun 2, 2025
$0.08
Quarterly
Record Jun 2, 2025 · Payment Jun 16, 2025
Funds reporting this stock among their holdings, ordered by reported position size.
iShares Core S&P Small-Cap ETFIJR256.01M0.25%102.88B USD0.06%$137.31+0.17%
Avantis U.S. Small Cap Value ETFAVUV157.16M0.51%30.54B USD0.25%$120.13+0.84%
Vanguard Morningstar Total Stock Market ETFVTI152.76M0.01%2.3T USD0.03%$379.56-0.39%
iShares Russell 2000 ETFIWM111.08M0.14%77.7B USD0.19%$277.57-0.05%
Vanguard Morningstar Small-Cap ETFVB110.43M0.06%185.3B USD0.03%$287.63+0.23%
U.S. Small Cap Value Portfolio ETF Class SharesDFSV82.93M0.31%26.69B USD0.33%$38.10+0.82%
Vanguard Morningstar Small-Cap Value ETFVBR70.11M0.10%68.2B USD0.05%$233.91+0.75%
Dimensional - US Targeted Value ETFDFAT69.55M0.23%30B USD0.33%$67.56+0.72%iShares Core S&P Small-Cap ETFIJRAvantis U.S. Small Cap Value ETFAVUVVanguard Morningstar Total Stock Market ETFVTIiShares Russell 2000 ETFIWMVanguard Morningstar Small-Cap ETFVBU.S. Small Cap Value Portfolio ETF Class SharesDFSVVanguard Morningstar Small-Cap Value ETFVBRDimensional - US Targeted Value ETFDFATAI-generated and delayed market data for informational and educational purposes only. Not investment advice.
