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    Patterson-UTI Energy Inc (PTEN)

    Official site

    ENERGY • OIL & GAS DRILLING • NASDAQ

    $11.31
    -0.23 (-1.99%)

    Market Cap: $4.40B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    64%(25/39)
    Avg Surprise
    -633.64%

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$0.04
    Range$0.03 - $0.05
    7 analysts
    EPS RevisionsNo revisions (7d)No revisions (30d)
    EPS Estimate DriftChange to current
    90d ago$0.01+182.7%
    60d ago$0.04+7.4%
    30d ago$0.03+10.6%
    7d ago$0.03+10.6%
    Current$0.04
    Revenue Consensus
    $1.3B
    Range$1.3B - $1.4B
    12 analysts
    Period ending Dec 31, 2026
    EPS Consensus$0.05
    Range$0.04 - $0.07
    4 analysts
    Revenue Consensus
    $1.4B
    Range$1.3B - $1.5B
    13 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$0.05---
    Sep 26EST
    		-$0.04---
    Jun 26
    Reported Jul 29
    		$-0.06$-0.03-100.00%Miss+53.8%
    Mar 26
    Reported Apr 22
    		$-0.06$-0.10+40.00%Beat-2035.5%
    Dec 25
    Reported Feb 4
    		$-0.02N/A+80.00%Beat+84.6%
    Sep 25
    Reported Oct 22
    		$-0.05$-0.09+44.44%Beat+98.0%
    Jun 25
    Reported Jul 23
    		$-0.13$-0.04-225.00%Miss-425.0%
    Mar 25
    Reported Apr 23
    		$0.00N/A+107.75%Beat-97.9%
    Dec 24
    Reported Feb 5
    		$-0.13$-0.10-30.00%Miss-168.4%
    Sep 24
    Reported Oct 23
    		$-2.50$0.01-25100.00%Miss-1350.0%
    Jun 24
    Reported Jul 24
    		$0.04N/A-55.56%Miss-90.9%
    Mar 24
    Reported May 1
    		$0.15$0.13+15.38%Beat-67.4%
    Dec 23
    Reported Feb 14
    		$0.19$0.19+0.00%Beat-57.8%
    Sep 23
    Reported Nov 7
    		$0.20$0.24-16.67%Miss-28.6%
    Jun 23
    Reported Jul 26
    		$0.44$0.44+0.00%Beat+340.0%
    Mar 23
    Reported Apr 26
    		$0.46$0.35+31.43%Beat+453.8%
    Dec 22
    Reported Feb 8
    		$0.45$0.45+0.00%Beat+218.4%
    Sep 22
    Reported Oct 26
    		$0.28$0.17+64.71%Beat+165.1%
    Jun 22
    Reported Jul 27
    		$0.10$-0.03+433.33%Beat+118.5%
    Mar 22
    Reported Apr 27
    		$-0.13$-0.21+38.10%Beat+77.2%
    Dec 21
    Reported Feb 10
    		$-0.38$-0.35-8.57%Miss+33.3%
    Sep 21
    Reported Oct 28
    		$-0.43$-0.44+2.27%Beat+28.3%
    Jun 21
    Reported Jul 29
    		$-0.54$-0.52-3.85%Miss+3.6%
    Mar 21
    Reported Apr 29
    		$-0.57$-0.56-1.79%Miss-26.7%
    Dec 20
    Reported Feb 4
    		$-0.57$-0.63+9.52%Beat-29.5%
    Sep 20
    Reported Oct 22
    		$-0.60$-0.62+3.23%Beat-122.2%
    Jun 20
    Reported Jul 23
    		$-0.56$-0.58+3.45%Beat-229.4%
    Mar 20
    Reported Apr 23
    		$-0.45$-0.46+2.17%Beat-221.4%
    Dec 19
    Reported Feb 6
    		$-0.44$-0.42-4.76%Miss-1000.0%
    Sep 19
    Reported Oct 24
    		$-0.27$-0.30+10.00%Beat-170.0%
    Jun 19
    Reported Jul 25
    		$-0.17$-0.21+19.05%Beat-183.3%
    Mar 19
    Reported Apr 25
    		$-0.14$-0.21+33.33%Beat+12.5%
    Dec 18
    Reported Feb 7
    		$-0.04N/A+71.43%Beat+60.0%
    Sep 18
    Reported Oct 25
    		$-0.10$-0.12+16.67%Beat+23.1%
    Jun 18
    Reported Jul 26
    		$-0.06$-0.04-50.00%Miss+87.0%
    Mar 18
    Reported Apr 26
    		$-0.16$-0.08-100.00%Miss+60.0%
    Dec 17
    Reported Feb 8
    		$-0.10$-0.08-25.00%Miss+81.1%
    Sep 17
    Reported Oct 26
    		$-0.13$-0.17+23.53%Beat-
    Jun 17
    Reported Jul 27
    		$-0.46$-0.30-53.33%Miss-
    Mar 17
    Reported Apr 27
    		$-0.40$-0.45+11.11%Beat-
    Dec 16
    Reported Feb 9
    		$-0.53$-0.54+1.85%Beat-

    Dividends

    Dividend Metrics

    Forward Yield3.54%
    Forward Annual Dividend$0.40
    Payout Ratio58.74%
    FrequencyQuarterly
    Pay MonthsMar, Jun, Sep, Dec

    Growth

    3Y CAGR+16.96%
    5Y CAGR+26.19%
    PTEN dividend history and ex-dividend datesRun PTEN in the free DRIP calculator

    Key Metrics

    Valuation
    P/E Ratio-59.53EV/EBITDA6.41x
    Price/FCF24.19xFCF Yield4.13%
    Profitability
    Profit Margin-1.92%Operating Margin-0.47%
    ROE-2.77%ROIC-0.92%
    Financial Health
    Debt/Equity0.40xInterest Coverage11.39x
    Current Ratio1.75xQuick Ratio1.57x
    Trading Statistics
    Beta0.78Avg Volume7.43M
    52-Week High$13.3952-Week Low$5.02

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$11.39
    SMA 20$11.25
    SMA 50$11.67
    SMA 200$10.17
    EMA 10$11.38
    EMA 20$11.43
    EMA 50$11.39
    EMA 200$10.08

    MACD

    Line: -0.07Signal: -0.10Hist: 0.03

    ADX

    ADX: 15.9+DI: 22.9-DI: 23.2

    Aroon & PSAR

    Aroon UpN/A
    Aroon Down52.0
    PSAR$10.69

    Bollinger Bands

    Upper Band$11.83
    Lower Band$10.67
    %B Position1024%(Upper)
    Band Width0.55

    RSI (14-Day)

    Neutral
    47.3

    Momentum Oscillators

    Stoch %K69.9
    Stoch %D71.1
    Williams %R-43.1
    ROC (10d)0.1%
    Momentum0.01
    CCI (20d)-2.3
    MFI (14d)47.4

    Volatility Measures

    ATR (14d)$0.47(4.2%)
    StdDev (20d)0.29
    Hist Vol33.7%(Moderate)

    Volume Flow

    VWAP$11.25
    OBV298.2M
    AD Line-2.8B
    CMF (20d)-0.153

    Volume Metrics

    Avg Vol (20d)7.3M
    Vol Ratio0.9x
    VWMA (20d)$11.28

    Pivot Points

    R3$12.29
    R2$12.12
    R1$11.83
    Pivot Point$11.66
    S1$11.38
    S2$11.21
    S3$10.92

    Advanced Oscillators

    TSI-4.79
    Ultimate Osc43.0
    KST-58.29

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$1.23B$1.12B$1.15B$1.18B$1.22B$1.28B$1.16B$1.36B$1.35B$1.51B$1.58B$1.01B
    Cost of Revenue$947.33M$849.15M$871.89M$893.83M$929.36M$961.41M$859.66M$1.01B$971.16M$1.08B$1.12B$691.46M
    Gross Profit$280.64M$268.18M$278.92M$282.12M$289.96M$319.12M$302.48M$345.31M$377.03M$433.22M$465.20M$319.99M
    Operating Expenses$287.60M$282.49M$279.16M$310.18M$319.44M$302.18M$333.81M$1.34B$331.80M$346.22M$353.50M$310.29M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$67.50M$68.76M$62.06M$61.98M$64.11M$66.93M$73.08M$65.70M$64.58M$64.98M$61.04M$45.10M
    Operating Income$-6,962,000$-14,317,000$-235,000$-28,054,000$-29,486,000$16.95M$-31,335,000$-990,629,000$45.23M$87.00M$111.70M$9.70M
    Interest Income$2.90M$2.77M$2.43M$1.48M$1.27M$1.46M$928,000$745,000$1.87M$2.19M$1.54M$2.13M
    Interest Expense$20.40M$17.48M$17.68M$17.49M$17.64M$17.70M$17.73M$17.99M$17.91M$18.34M$18.68M$15.63M
    Income Before Tax$-27,922,000$-28,072,000$-15,126,000$-43,042,000$-47,503,000$2.68M$-49,465,000$-1,008,590,000$29.41M$71.70M$93.27M$-4,408,000
    Income Tax Expense$-8,647,000$-3,596,000$-5,929,000$-6,592,000$1.19M$1.39M$1.93M$-30,256,000$17.79M$20.00M$31.33M$-4,130,000
    Net Income$-19,275,000$-24,476,000$-9,197,000$-36,450,000$-48,697,000$1.29M$-51,392,000$-978,334,000$11.62M$51.71M$61.94M$-278,000
    EBITDA$207.35M$205.04M$221.06M$198.56M$230.73M$250.78M$221.93M$-616,665,000$313.09M$362.81M$389.20M$206.72M
    EBIT$-10,426,000$-13,352,000$119,000$-27,034,000$-31,130,000$18.91M$-32,668,000$-991,345,000$45.45M$87.85M$110.41M$9.09M
    * Some calculated fields are derived from available data when not provided by source

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    News

    Barclays sets USD 16.00 target for Patterson-UTI stock

    Barclays has maintained a Buy rating on Patterson-UTI (PTEN) stock, setting a price target of USD 16.00, which is 41.47 percent above its recent Nasdaq price. The stock recently crossed its 200-day moving average of USD...

    ad-hoc-news.de•10/15/26•Bullish

    Goldman Sachs Maintains Patterson-UTI Energy(PTEN.US) With Buy Rating, Cuts Target Price to $12

    Goldman Sachs has reiterated its Buy rating on Patterson-UTI Energy (PTEN.US) while adjusting its price target downwards from $13 to $12. This revised target still suggests a potential upside of 20% from the stock's last...

    Moomoo•10/15/26•Bullish

    Patterson-UTI Reports Drilling Activity for September 2026

    Patterson-UTI Energy (NASDAQ:PTEN) reported an average of 103 drilling rigs operating in the United States for September 2026. This figure follows an average of 101 drilling rigs for the three months ending September 30...

    Yahoo Finance•10/9/26•Neutral

    Patterson-UTI reports 103 drilling rigs operating in September By Investing.com

    Patterson-UTI Energy Inc. reported operating an average of 103 drilling rigs in the United States during September 2026. This figure contributes to an average of 101 drilling rigs for the three months ending September...

    Investing.com Canada•10/9/26•Neutral

    Patterson-UTI Reports Drilling Activity for September 2026

    Patterson-UTI Energy, Inc. reported an average of 103 drilling rigs operating in the United States for September 2026, and an average of 101 rigs for the three months ending September 30, 2026. The company...

    Jonesboro Sun•10/9/26•Neutral

    PTEN Valuation and Fair Value

    P/E
    -59.5x
    Forward P/E
    35.7x
    EV/EBITDA
    6.4x
    P/FCF
    24.2x
    PEG
    0.8x
    P/B
    1.4x
    See GNG's fair value

    PTEN Profitability: Margins, ROIC and FCF

    Gross margin
    23.8%
    Operating margin
    -0.5%
    Net margin
    -1.9%
    ROIC
    -0.9%
    ROE
    -2.8%
    FCF margin
    3.8%
    FCF yield
    4.1%

    PTEN Competitors

    CompanyTicker
    Par Pacific Holdings IncPARR
    Cactus IncWHD
    Core Natural Resources, Inc.CNR
    Oceaneering International IncOII
    Icahn Enterprises LPIEP
    Scorpio Tankers IncSTNG
    Golar LNG LimitedGLNG
    Comstock Resources IncCRK

    Sector: Energy

    PTEN Analyst Ratings

    Consensus
    Buy
    Analysts
    15
    Strong Buy
    4
    Buy
    5
    Hold
    6
    Sell
    0
    Strong Sell
    0

    PTEN Bull Case vs Bear Case

    Bull case

    • 60.0% of PTEN's analyst ratings are Buy or Strong Buy.

    Bear case

    • PTEN has a -1.9% net profit margin.

    PTEN Earnings: Beat Rate and Next Report

    Beat rate
    4 of 8 quarters (50.0%)
    Average surprise
    -11.8%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $0.04
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    0 up, 0 down

    PTEN Dividend

    Forward yield
    3.5%
    Payout ratio
    58.7%
    3Y DPS growth
    17.0%
    5Y DPS growth
    26.2%
    Pay months
    Mar, Jun, Sep, Dec
    PTEN dividend history

    Frequently Asked Questions About PTEN

    What is PTEN's current dividend yield?

    Patterson-UTI Energy Inc (PTEN) has a forward dividend yield of 3.54%.

    Does PTEN pay dividends?

    Yes, Patterson-UTI Energy Inc pays dividends with a forward dividend yield of 3.54%.

    What is PTEN's market cap?

    Patterson-UTI Energy Inc (PTEN) has a market capitalization of $4.40B with a current stock price of $11.31.

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