PATTERSON UTI ENERGY INC
PTENNasdaq
$10.02
↑ +3.9%Jul 17 close · end-of-day
Price
1Y↑ +77.7%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$3.8B
Enterprise Value
$4.7B
P/E
—
P/S
0.8
P/B
1.2
EV/EBITDA
—
PEG
—
FCF Yield
7.2%
Dividend Yield
3.4%
Revenue (TTM)
$4.7B
Net Income (TTM)
-$119.3M
Free Cash Flow (TTM)
$273.1M
Gross Margin
—
Operating Margin
-1.6%
Net Margin
-2.6%
ROE
-3.8%
ROIC
-1.4%
Debt / Equity
0.4
Net Cash
-$886.3M
Return 1Y
+74.4%
Company profile
Patterson-UTI Energy, Inc. 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 Company also provides electrical controls and automation to the energy, marine, and mining industries in North America.
- CEO
- William A. Hendricks
- Sector
- Mining
- Industry
- Petroleum And Natural Gas
- Employees
- 6,500
- Headquarters
- Texas
- Website
- patenergy.com
Management & directors
- Robinson Forrest CChief Accounting Officer
- Hendricks William Andrew JrPresident & CEO
- Holcomb James MichaelEVP & Chief Operating Officer
- Berns Kenneth NExecutive Vice President
- Smith Charles AndrewEVP & Chief Financial Officer
- Wexler Seth DavidEVP, General Counsel&Secretary
Roles derived from SEC Form 4 filings.
Earnings
PTEN Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$1.1B↓ -12.7%
Diluted EPS-$0.06—
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $1.1B | $1.4B | $2.6B | $4.1B | $5.4B | $4.8B |
| Gross profit | — | — | — | — | — | — |
| Operating income | -$892.3M | -$677.8M | $211.0M | $352.0M | -$889.7M | -$40.8M |
| Net income | -$803.7M | -$654.5M | $154.7M | $246.3M | -$968.0M | -$93.6M |
| Diluted EPS | -$4.27 | -$3.36 | $0.70 | $0.88 | -$2.44 | -$0.24 |
| Operating cash flow | $278.9M | $95.5M | $566.2M | $1.0B | $1.2B | $961.2M |
| Free cash flow | $133.4M | -$70.8M | $129.4M | $390.2M | $497.1M | $372.2M |
| Gross margin | — | — | — | — | — | — |
| Operating margin | -79.4% | -49.9% | 8.0% | 8.5% | -16.5% | -0.8% |
| Net margin | -71.5% | -48.2% | 5.8% | 5.9% | -18.0% | -1.9% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B | $1.4B | $1.2B | $1.3B | $1.2B | $1.2B | $1.2B | $1.1B |
| Gross profit | — | — | — | — | — | — | — | — |
| Operating income | $45.2M | -$990.6M | -$31.3M | $16.9M | -$29.5M | -$28.1M | -$235,000.00 | -$14.3M |
| Net income | $11.1M | -$978.8M | -$51.6M | $1.0M | -$49.1M | -$36.4M | -$9.1M | -$24.6M |
| Diluted EPS | $0.03 | -$2.50 | -$0.10 | $0.00 | -$0.13 | -$0.10 | -$0.01 | -$0.06 |
| Operating cash flow | $197.5M | $296.3M | $315.8M | $208.1M | $139.7M | $215.8M | $397.5M | $63.9M |
| Free cash flow | $67.0M | $115.7M | $175.5M | $46.3M | -$4.5M | $71.3M | $259.0M | -$52.8M |
| Gross margin | — | — | — | — | — | — | — | — |
| Operating margin | 3.4% | -73.0% | -2.7% | 1.3% | -2.4% | -2.4% | -0.0% | -1.3% |
| Net margin | 0.8% | -72.1% | -4.4% | 0.1% | -4.0% | -3.1% | -0.8% | -2.2% |
Company news
Jul 16, 2026
Jul 15, 2026
Jul 14, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-09 | Robinson Forrest C· Chief Accounting Officer | Tax withholding | 5,749 | $11.90 | $68,413.10 | filing |
| 2026-06-09 | Robinson Forrest C· Chief Accounting Officer | Award | 20,833 | $0.00 | $0.00 | filing |
| 2026-06-08 | Robinson Forrest C· Chief Accounting Officer | Sale | 13,670 | $12.01 | $164,176.70 | filing |
| 2026-06-05 | Hendricks William Andrew JR· President & CEO | Sale | 200,000 | $11.64 | $2.3M | filing |
| 2026-05-28 | Holcomb James Michael· EVP & Chief Operating Officer | Sale | 150,000 | $11.47 | $1.7M | filing |
| 2026-05-09 | Hendricks William Andrew JR· President & CEO | Tax withholding | 48,952 | $11.42 | $559,031.84 | filing |
| 2026-05-09 | Smith Charles Andrew· EVP & Chief Financial Officer | Tax withholding | 13,016 | $11.42 | $148,642.72 | filing |
| 2026-05-09 | Holcomb James Michael· EVP & Chief Operating Officer | Tax withholding | 12,395 | $11.42 | $141,550.90 | filing |
| 2026-05-09 | BERNS KENNETH N· Executive Vice President | Tax withholding | 12,096 | $11.42 | $138,136.32 | filing |
| 2026-05-09 | Wexler Seth David· EVP, General Counsel&Secretary | Tax withholding | 10,363 | $11.42 | $118,345.46 | filing |
| 2026-05-05 | Hendricks William Andrew JR· President & CEO | Tax withholding | 31,677 | $12.29 | $389,310.33 | filing |
| 2026-05-05 | BERNS KENNETH N· Executive Vice President | Tax withholding | 12,680 | $12.29 | $155,837.20 | filing |
| 2026-05-05 | Smith Charles Andrew· EVP & Chief Financial Officer | Tax withholding | 11,943 | $12.29 | $146,779.47 | filing |
| 2026-05-05 | Jaime Cesar | Sale | 10,000 | $12.29 | $122,900.00 | filing |
| 2026-05-05 | Holcomb James Michael· EVP & Chief Operating Officer | Tax withholding | 9,741 | $12.29 | $119,716.89 | filing |
| 2026-05-05 | Wexler Seth David· EVP/General Counsel/Secretary | Tax withholding | 8,185 | $12.29 | $100,593.65 | filing |
| 2026-05-04 | Drummond Robert Wayne Jr | Sale | 61,475 | $12.02 | $738,929.50 | filing |
| 2026-05-01 | Drummond Robert Wayne Jr | Sale | 322,699 | $12.04 | $3.9M | filing |
| 2026-05-01 | Hendricks William Andrew JR· President & CEO | Sale | 250,000 | $11.85 | $3.0M | filing |
| 2026-05-01 | Hendricks William Andrew JR· President & CEO | D | 97,333 | $10.80 | $1.1M | filing |
| 2026-05-01 | Hendricks William Andrew JR· President & CEO | Tax withholding | 53,989 | $12.22 | $659,745.58 | filing |
| 2026-05-01 | Smith Charles Andrew· EVP & Chief Financial Officer | D | 24,033 | $10.80 | $259,556.40 | filing |
| 2026-05-01 | Holcomb James Michael· EVP & Chief Business Officer | D | 22,900 | $10.80 | $247,320.00 | filing |
| 2026-05-01 | Wexler Seth David· EVP/General Counsel/Secretary | D | 20,600 | $10.80 | $222,480.00 | filing |
| 2026-05-01 | BERNS KENNETH N· Executive Vice President | D | 20,033 | $10.80 | $216,356.40 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.