Patterson-UTI Energy Inc
$ 8.32
-0.48%
24 Feb - close price
- Market Cap 3,158,066,000 USD
- Current Price $ 8.32
- High / Low $ 8.48 / 8.14
- Stock P/E N/A
- Book Value 8.48
- EPS -0.24
- Next Earning Report 2026-04-29
- Dividend Per Share $0.32
- Dividend Yield 3.83 %
- Next Dividend Date 2026-03-16
- ROA N/A %
- ROE -0.03 %
- 52 Week High 8.90
- 52 Week Low 4.91
About
Patterson-UTI Energy, Inc., provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. The company is headquartered in Houston, Texas.
Analyst Target Price
$8.45
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-02-04 | 2025-10-22 | 2025-07-22 | 2025-04-24 | 2025-02-06 | 2024-10-24 | 2024-07-24 | 2024-05-01 | 2024-02-14 | 2023-11-07 | 2023-07-26 | 2023-04-26 |
| Reported EPS | -0.02 | -0.1 | -0.13 | 0.0031 | -0.13 | -2.5 | 0.03 | 0.15 | 0.15 | 0.2 | 0.45 | 0.46 |
| Estimated EPS | -0.12 | -0.11 | -0.04 | -0.04 | -0.1 | 0.01 | 0.15 | 0.13 | 0.19 | 0.25 | 0.44 | 0.35 |
| Surprise | 0.1 | 0.01 | -0.09 | 0.0431 | -0.03 | -2.51 | -0.12 | 0.02 | -0.04 | -0.05 | 0.01 | 0.11 |
| Surprise Percentage | 83.3333% | 9.0909% | -225% | 107.75% | -30% | -25100% | -80% | 15.3846% | -21.0526% | -20% | 2.2727% | 31.4286% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-04-29 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | -0.1001 |
| Currency | USD |
Previous Dividend Records
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-03-16 | 2025-12-15 | 2025-09-15 | 2025-06-16 | 2025-03-17 | 2024-12-16 | 2024-09-16 | 2024-06-17 | 2024-03-15 | 2023-12-15 |
| Amount | $0.1 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 | $0.08 |
Next Dividend Records
| Dividend per share (year): | $0.32 |
| Dividend Yield | 3.83% |
| Next Dividend Date | 2026-03-16 |
| Ex-Dividend Date | 2026-03-02 |
Recent News: PTEN
2026-02-20 13:03:23
Zacks Research has boosted its Q1 2026 EPS estimate for Patterson-UTI Energy (NASDAQ:PTEN) to ($0.12) per share, up from their previous forecast of ($0.14). Several other research firms have also recently updated their ratings and price targets for PTEN, with the company currently holding a "Hold" consensus rating and an average price target of $8.00. The oil and gas company also recently announced an increase in its quarterly dividend to $0.10 per share.
2026-02-20 11:03:23
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has received a consensus "Hold" recommendation from twelve analysts, with an average 12-month price target of $8.00. The company reported better-than-expected Q4 earnings per share, but remains unprofitable, though it recently increased its quarterly dividend. Institutional ownership has risen to nearly 98%, despite a director selling a significant stake.
2026-02-18 07:57:18
The Public Sector Pension Investment Board increased its stake in Patterson-UTI Energy (NASDAQ: PTEN) by 14.2%, acquiring over 169,000 additional shares. The company also announced an increased quarterly dividend of $0.10 per share, resulting in a 5.1% yield. Despite beating Q4 EPS and revenue estimates, Patterson-UTI Energy remains unprofitable, and analysts generally rate the stock as a "Hold" with an average price target of $8.00.
2026-02-16 13:27:08
The Aristotle Small Cap Equity Fund liquidated its position in Patterson-UTI Energy (PTEN) due to a weakening energy market outlook, impacting the company's fundamental performance. Despite small-cap equities showing modest gains in Q4 2025, driven by attractive valuations and a positive macroeconomic backdrop, PTEN's shares were down 9.19% over the past twelve months. The fund's Q4 2025 letter highlighted that while security selection generally supported its performance, allocation effects sometimes detracted, leading to the decision to exit PTEN.
2026-02-16 10:27:08
LSV Asset Management reduced its stake in Patterson-UTI Energy by 19.3% in Q3, holding 577,658 shares valued at $2.99 million. Meanwhile, other institutional investors like American Century Companies Inc. and Sourcerock Group LLC increased their positions. An insider, Director James Carl Stewart, sold a significant portion of his shares, reducing his ownership by over 64%.
2026-02-16 08:43:00
The Aristotle Small Cap Equity Fund liquidated its position in Patterson-UTI Energy, Inc. (PTEN) during the fourth quarter of 2025 due to a weakening outlook for the energy market. Despite small-cap equities showing modest gains in Q4 2025, the fund decided to exit PTEN, an oilfield services company, citing deteriorating fundamental performance. The article notes that while PTEN was held by 42 hedge funds, the fund's conviction is shifting towards AI stocks with higher return potential.
