Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.
The current price of PTEN is $7.65 USD — it has increased by +1.59% in the past 24 hours. Watch Patterson-UTI Energy stock price performance more closely on the chart.
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 PTEN.
Is Patterson-UTI Energy stock price growing?▼
PTEN stock has risen by +3.95% compared to the previous week, the month change is a +18.08% rise, over the last year Patterson-UTI Energy has showed a -5.33% decrease.
What is Patterson-UTI Energy market cap?▼
Today Patterson-UTI Energy has the market capitalization of 2.9B
When is the next Patterson-UTI Energy earnings date?▼
Patterson-UTI Energy is going to release the next earnings report on February 04, 2026.
What were Patterson-UTI Energy earnings last quarter?▼
PTEN earnings for the last quarter are -0.06 USD per share, whereas the estimation was -0.09 USD resulting in a +34.78% surprise. The estimated earnings for the next quarter are N/A USD per share.
What is Patterson-UTI Energy revenue for the last year?▼
Patterson-UTI Energy revenue for the last year amounts to 10.76B USD.
What is Patterson-UTI Energy net income for the last year?▼
PTEN net income for the last year is -2.02B USD.
Does Patterson-UTI Energy pay dividends?▼
Yes, PTEN dividends are paid quarterly. The last dividend per share was 0.08 USD. As of today, Dividend Yield (FWD)% is 4.25%.
How many employees does Patterson-UTI Energy have?▼
As of February 02, 2026, the company has 9,200 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?▼
The last stock split for Patterson-UTI Energy was on July 01, 2005 with a ratio of 2:1.
Where is Patterson-UTI Energy headquartered?▼
Patterson-UTI Energy is headquartered in Houston, US.