Patterson-UTI Energy, Inc. (PTEN) Stock
PTEN Key Statistics
About Patterson-UTI Energy, Inc.
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
CEO: William Andrew Hendricks Jr.. Company website
PTEN — Frequently Asked Questions
What is the PTEN stock price today?
Patterson-UTI Energy, Inc. (PTEN) trades at $11.78, down 2.08% on the day, as of Sep 20, 2026 15:00 UTC.
What is Patterson-UTI Energy, Inc.'s market cap?
Patterson-UTI Energy, Inc. has a market capitalisation of $4.47B, calculated from the live PTEN share price and shares outstanding.
What is the P/E ratio of PTEN?
PTEN has no meaningful price-to-earnings ratio: Patterson-UTI Energy, Inc. lost $0.23 per share over the last twelve months, and a P/E is only defined on positive earnings.
How much revenue does Patterson-UTI Energy, Inc. make?
Patterson-UTI Energy, Inc. generated revenue of $4.67B over the trailing twelve months, which puts the stock at 0.96 times sales.
Does PTEN pay a dividend?
Yes. Patterson-UTI Energy, Inc. pays a dividend yielding 4.52% on the current share price.
What is the 52-week range for PTEN?
PTEN has traded between $5.10 and $13.39 over the past 52 weeks, and the last price is 12.0% below that high.
Is Patterson-UTI Energy, Inc. profitable?
No. Patterson-UTI Energy, Inc. is loss-making, with a net margin of -1.92% over the trailing twelve months.
What is the analyst price target for PTEN?
Wall Street analysts rate PTEN Buy, with an average price target of $13.43, 14.0% above the current price.
What sector is Patterson-UTI Energy, Inc. in?
Patterson-UTI Energy, Inc. is classified under the Energy sector and the Oil & Gas Drilling industry, and is domiciled in US.
Who is the CEO of Patterson-UTI Energy, Inc.?
William Andrew Hendricks Jr. is the chief executive of Patterson-UTI Energy, Inc., which employs 7,900 people.
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