Patterson-UTI Energy Inc
$ 9.88
-6.44%
14 Apr - close price
- Market Cap 3,750,602,000 USD
- Current Price $ 9.88
- High / Low $ 10.38 / 9.81
- Stock P/E N/A
- Book Value 8.48
- EPS -0.24
- Next Earning Report 2026-04-22
- Dividend Per Share $0.32
- Dividend Yield 3.03 %
- Next Dividend Date -
- ROA N/A %
- ROE -0.03 %
- 52 Week High 11.75
- 52 Week Low 4.97
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
$9.21
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 | 2026-04-22 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | -0.1 |
| 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): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: PTEN
2026-04-14 11:09:22
RBC Capital Markets has increased its price target for Patterson-UTI Energy (PTEN) to $12 from $9, maintaining an "Outperform" rating on the stock. This adjustment comes after the company reported its March drilling activity and other recent financial updates. The new price target reflects RBC's continued positive outlook on the oil and gas drilling services provider.
2026-04-14 08:09:22
Deprince Race & Zollo Inc. significantly reduced its stake in Patterson-UTI Energy (NASDAQ:PTEN) by 99.6% in the fourth quarter, selling over 5.8 million shares. This comes as Patterson-UTI Energy beat Q4 EPS estimates and raised its quarterly dividend, despite remaining unprofitable with negative margins. The article also details other institutional investor activity, insider trades, and analyst ratings, which currently average a "Hold" with an $8.78 consensus target price.
2026-04-13 20:40:01
Patterson-UTI Energy, Inc. is seeking stockholder approval to significantly increase the shares available under its 2021 Long-Term Incentive Plan (LTIP) by 28,900,000 shares, bringing the total authorized to 67,812,480. This expansion aims to continue equity-based incentives for approximately 400 employees and directors, despite increasing the equity award overhang from 4.8% to 11.3%. The company also details its executive compensation practices, governance structure, and directors' profiles ahead of its annual stockholder meeting on June 4, 2026.
2026-04-13 16:39:06
Patterson-UTI Energy, Inc. (PTEN) shares surged 5.6% to $10.62 on Monday after Susquehanna raised its price target by 30.0% to $13, signaling renewed confidence in the oil and gas drilling contractor. The increased price target suggests improving fundamentals in the drilling services industry, with the new target implying additional upside for the company. Investors are advised to monitor other analyst revisions and company commentary on rig activity and customer spending.
2026-04-13 16:00:00
This article highlights three momentum stocks to consider for April 13th: Five Below (FIVE), Alcoa (AA), and Patterson-UTI Energy (PTEN). All three companies hold a Zacks Rank #1 and have shown strong price performance and positive revisions to their current year earnings estimates. Each stock is presented with its recent performance relative to the S&P 500 and its Momentum Score.
2026-04-13 13:40:02
This article identifies two top income stocks for investors to consider: Chicago Atlantic Real Estate Finance (REFI) and PattersonUTI Energy (PTEN). Both companies hold a Zacks Rank #1 (Strong Buy) and offer attractive dividend yields, significantly outperforming their respective industry averages. The earnings estimates for both companies have also shown positive revisions recently.
