Patterson-UTI Energy, Inc.
PTEN
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Patterson-UTI Energy is well-positioned in the oil and gas drilling industry, benefiting from a competitive edge through its advanced technologies and operational efficiencies.
- Revenue increased by 10% compared to the prior quarter, reaching $1.2 billion.
- Gross margin improved to 5.1%, up from 4.5% in the previous quarter.
- The company has faced challenges with negative profit margins, indicating potential operational inefficiencies.
- Net income for the most recent quarter was -$19.602 million, reflecting ongoing financial struggles.
- The operating margin remains negative at -0.57%, highlighting persistent issues in profitability.
Fundamentals
| Market cap | $4.38B | Enterprise value | $5.47B | Trailing P/E | — | Forward P/E | 32.70 |
| PEG | 0.73 | Price / book | 1.41 | Beta | 0.78 | Dividend yield | 3.48% |
| Revenue growth | 0.7% | Earnings growth | — | Gross margin | 23.8% | Operating margin | -0.5% |
| Profit margin | -1.9% | ROE | -2.8% | ROA | -0.9% | Debt / equity | 0.41 |
| Current ratio | 1.75 | Free cash flow | $254.21M | Analyst recommendation | buy | Mean target | $13.93 |
| 52w high | $13.39 | 52w low | $5.24 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.2B | $1.2B | $1.2B | — |
| Op margin | -0.6% | -1.3% | -0.0% | -2.4% | -2.4% | — |
| Net income | -$19.6M | -$24.6M | -$9.1M | -$36.4M | -$49.1M | — |
| Gross margin | 5.1% | 4.5% | 5.0% | 4.8% | 2.3% | — |
| Gross profit | $62.9M | $49.8M | $58.0M | $56.5M | $28.1M | — |
| Operating income | -$7.0M | -$14.3M | -$0.2M | -$28.0M | -$29.5M | — |
- Revenue +10% vs prior quarter ($1.2B vs $1.1B).
- Gross margin 5.1% (was 4.5% prior quarter).
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $4.8B | $5.4B | $4.1B | $2.6B | — |
| Op margin | -0.8% | 0.5% | 10.9% | 8.0% | — |
| Net income | -$93.6M | -$968M | $246M | $155M | — |
| Gross margin | 4.8% | 5.3% | 14.6% | 12.0% | — |
| Gross profit | $230M | $286M | $604M | $317M | — |
| Operating income | -$39.8M | $28.5M | $450M | $213M | — |
No flags
• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).
News
2026-10-07 · Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
2026-10-06 · 1 of Wall Street’s Favorite Stocks to Target This Week and 2 Facing Headwinds
2026-10-05 · 3 US Oilfield Services Stocks Linked To Enhanced Oil Recovery Spending
2026-10-02 · UBS Initiates Coverage on Patterson-UTI Energy With Neutral Rating, $13 Price Target
2026-09-28 · Spotting Winners: Patterson-UTI (NASDAQ:PTEN) And Oilfield Services Stocks In Q2
2026-09-19 · Patterson-UTI Energy (PTEN) Shares Just Moved, So What Is Driving Attention Now?
2026-09-16 · Alphabet, Exelon, and Patterson-UTI Just Paid Shareholders. Here’s What They Got.
2026-09-10 · Patterson-UTI (PTEN) Averaged 101 August Rigs. Can Activity Deliver Better Margins?
2026-09-08 · Patterson-UTI Reports Drilling Activity for August 2026
2026-09-04 · Transocean (RIG) Up 16.7% Since Last Earnings Report: Can It Continue?
Price (daily)
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