Patterson-UTI Energy, Inc. (PTEN) Stock Price & Analysis

Patterson-UTI Energy, Inc. (PTEN) closed at USD 11.34 on Thursday, October 22, 2026, down 2.87% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 11.68; the Oct 22, 2026 session ranged USD 10.93–11.81 on volume of 7,118,317 shares. Market capitalization is $4.32B, with a 52-week range of USD 5.24–13.39 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:38 UTC.

Also available as compact Markdown for AI agents: nexqual.com/PTEN.md

Key facts (PTEN)

• Last four reported quarters (through Jun 30, 2026): revenue $4.67B, net income -$89.7M (-1.9% margin), free cash flow $178M (SEC filings).
• 1 of 80 tracked superinvestors hold PTEN (13F, Q2 2026): 0 new, 0 added, 0 reduced, 1 unchanged.
• Insider open-market sales, last ~7 months: 11 Form 4 filings, $24.6M; 10 not under a Rule 10b5-1 plan ($21.6M); 1 by opportunistic insiders (1 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Analysts: Buy (mean 2.19 on a 1–5 scale) (16 analysts), mean target USD 13.93 (range 12–19).
• Total return with dividends: 1Y +75.0% vs S&P 500 +14.9%; 5Y +44.8% vs S&P 500 +80.3%.
• Next earnings: 2026-10-28, EPS estimate USD 0.04, revenue estimate $1.31B.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PTEN)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (PTEN)

P/S 0.9x · EV/Sales 1.1x · P/FCF 24.3x · P/B 1.4x · FCF yield 4.11% · Earnings yield -2.07% · Dividend yield (paid, TTM) 3.16% · Buyback yield (TTM) 1.00% · Net debt $1.03B · EV $5.36B

P/E at fiscal year-ends: Dec 2023 12.3x.

Superinvestors (SEC 13F-HR, Q2 2026) (PTEN)

1 of 80 tracked investors hold PTEN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.

Insider sales (SEC Form 4, open-market, last ~7 months) (PTEN)

1 of 11 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (PTEN)

Consensus Buy (mean 2.19 on a 1–5 scale), 16 analysts; mean target USD 13.93 (low 12, high 19).

Rating changes, last 120 days:

Total return (dividends reinvested) (PTEN)

PTEN revenue by business segment (quarter ended Jun 30, 2026)

PTEN revenue by region (fiscal year ended Dec 31, 2025)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

PTEN customer concentration

In the period ended Dec 31, 2025, a single direct customer accounted for 12% of revenue, per the company's 10-K filed Feb 10, 2026. The company does not name it.

PTEN company outlook (results filed Jul 30, 2026)

• “In Drilling Services, we expect our average U.S. rig count to be approximately 100 in the third quarter, and we expect to exit the quarter higher than the quarterly average.”
• “Overall, we expect Drilling Services adjusted gross profit to be approximately $145 million in the third quarter.”
• “In Completion Services, we expect third quarter adjusted gross profit to be approximately $140 million, supported by near-full utilization across our active frac equipment and additional pricing improvement compared to the second quarter.”
• “We will continue decommissioning diesel assets over time, and we do not expect active horsepower to increase during the second half of 2026.”

Quoted word-for-word from the SEC 8-K results press release.

PTEN analyst estimates and revisions

Key Statistics (as of October 23, 2026 at 10:38 UTC)

Technical Analysis (PTEN)

Nexqual's technical model rates PTEN "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:38 UTC.

Analyst Ratings (PTEN)

Wall Street analysts rate PTEN "Buy" based on 16 analysts, with a mean price target of USD 13.93 (range USD 12–19), per Nexqual as of October 23, 2026 at 10:38 UTC.

Earnings (PTEN)

Recent Earnings History

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financials & Fundamentals (PTEN)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Financial Health Score (PTEN)

Nexqual rates Patterson-UTI Energy, Inc.'s overall financial health "Weak" across five dimensions, as of October 23, 2026 at 10:38 UTC.

Ownership (PTEN)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

Leadership (PTEN)

Patterson-UTI Energy, Inc. is led by William Andrew Hendricks, President, CEO & Director, per Nexqual as of October 23, 2026 at 10:38 UTC.

Major Backers & Investors (PTEN)

Notable institutional backers of Patterson-UTI Energy, Inc. include Goldman Sachs, American Century Companies Inc, Sourcerock Group, LLC, according to Nexqual as of October 23, 2026 at 10:38 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 23, 2026 at 10:38 UTC.

From Patterson-UTI Energy, Inc.'s Latest SEC 10-K Filing (filed 2026-02-10)

Key Strengths & Strategy (as disclosed to the SEC)

• During 2025, one customer accounted for approximately $597 million, or approximately 12%, of our consolidated operating revenues.
• Our proprietary operating system for APEX® drilling rigs, Cortex®, can allow for the deployment of custom applications for rig performance, control and optimization.
• We are also advancing our Vertex™ fully automated, closed-loop completions process, a component of our proprietary digital completions management platform, eos™, which offers our customers the opportunity for greater operational efficiency, lower costs, and improved performance, while laying the foundation for integrating AI-driven reservoir technologies.
• We are one of the leading providers of perforating, pumpdown, pipe recovery, pressure pumping, and wellsite make-up and pressure testing services.

Partnerships

• Given the limited number of suppliers of certain of our materials, we may not always be able to make alternative arrangements if we are unable to reach an agreement with a supplier for delivery of any particular material or should one of our suppliers, including trucking companies, fail to timely deliver our materials.
• Our completion services are designed in partnership with our customers to enhance both initial production rates and estimated ultimate recovery from new and existing wells.

Legal & Regulatory Risks (Item 1A, quoted)

• The adoption of any future federal, state, or local laws or implementing regulations imposing reporting obligations on, or limiting or banning, the hydraulic fracturing process could make it more difficult to complete natural gas and oil wells and could have a material adverse effect on our business, results of operations, and financial condition.
• Our and our customers' operations are subject to a number of risks arising out of the threat of climate change that could result in increased operating and capital costs, limit the areas in which oil and natural gas production may occur and reduce demand for our services.
• Environmental and occupational health and safety laws and regulations, including violations thereof, could materially adversely affect our operating results.
• The design, manufacture, sale or rental, and servicing of products, including drill bits and electrical controls, may subject us to liability for personal injury, property damage and environmental contamination.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:38 UTC. This page is informational and not investment advice.

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