Patterson-UTI Energy 

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Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Helmerich & Payne
HP
Mkt Cap3.46B
Helmerich & Payne provides similar land drilling services, directly competing in the same market as Patterson-UTI Energy.
Nabors Industries
NBR
Mkt Cap1.17B
Nabors Industries operates one of the largest drilling rig fleets, offering strong competition in onshore drilling services.
Patterson-UTI Energy
PTEN
Mkt Cap4.03B
Precision Drilling Corporation is a direct competitor in the provision of contract drilling and related services, operating in similar regions.
Transocean
RIG
Mkt Cap7.27B
Transocean is more focused on offshore drilling but competes for contracts and resources in the broader oil drilling industry.
SLB
SLB
Mkt Cap74.22B
Schlumberger is a leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, competing in service offerings.
Halliburton
HAL
Mkt Cap32.12B
Halliburton offers products and services to the energy industry, including drilling services, competing in overlapping market segments.
Baker Hughes
BKR
Mkt Cap59.88B
Baker Hughes operates in the oilfield services sector, offering products and services that compete with Patterson-UTI's offerings.
NOV
NOV
Mkt Cap6.85B
National Oilwell Varco provides equipment and components used in oil and gas drilling and production operations, competing in the supply chain.
TechnipFMC
FTI
Mkt Cap28.46B
TechnipFMC provides technology solutions for the energy industry, including drilling services, competing in innovation and service delivery.
Precision Drilling
PDS
Mkt Cap1.24B
Precision Drilling is a provider of drilling services and technology solutions, directly competing in the North American market.

About

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.
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CEO
Mr. William Andrew Hendricks Jr.
Employees
7900
Country
Germany
ISIN
US7034811015

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FAQ

What is Patterson-UTI Energy stock ticker?
Depending on the exchange, the stock ticker may vary. For instance, on exchange Patterson-UTI Energy stocks are traded under the ticker PE1.MU.
How many employees does Patterson-UTI Energy have?
As of April 11, 2026, the company has 7,900 employees.
In which sector is Patterson-UTI Energy located?
Patterson-UTI Energy operates in the Energy sector.
When did Patterson-UTI Energy complete a stock split?
Patterson-UTI Energy has not had any recent stock splits.
Where is Patterson-UTI Energy headquartered?
Patterson-UTI Energy is headquartered in Houston, Germany.