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2026-03-012026-08-23
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25 items- NEWSPatterson-UTI Reports Drilling Activity for July 2026HOUSTON, TX / ACCESS Newswire / August 14, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2026, the Company had an average of 98 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company
- SECSEC Form S-8 filed by Patterson-UTI Energy Inc.S-8 - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- SECSEC Form 10-Q filed by Patterson-UTI Energy Inc.10-Q - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- ANALYSTPatterson-UTI upgraded by Analyst with a new price targetAnalyst upgraded Patterson-UTI from Underweight to Neutral and set a new price target of $12.00
- NEWSPatterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2026HOUSTON, TX / ACCESS Newswire / July 29, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2026.Second Quarter 2026 Financial Results and Other Key ItemsSecond Quarter 2026 Total Revenue of $1.2 billion, a 10% sequential increaseSecond Quarter 2026 Net Loss Attributable to Common Stockholders of $20 millionAdjusted Net Income(1) Attributable to Common Stockholders of $1 million; excludes a $21 million non-cash charge associated with the exit of our Contract Drilling operations in Colombia and a $5 million non-cash write down of other noncontrolling investmentsSecond Quarter 2026 Adjusted EBITDA(2) of $232 millionExpecting further
- ANALYSTPatterson-UTI upgraded by Piper Sandler with a new price targetPiper Sandler upgraded Patterson-UTI from Neutral to Overweight and set a new price target of $13.00
- NEWSPatterson-UTI Energy Announces Second Quarter Earnings Conference Call and WebcastHOUSTON, TX / ACCESS Newswire / July 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, July 30, 2026, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2026.Participants can access the call by dialing (833) 461-5787 in North America or (585) 542-9983 if International and referencing Meeting ID 227633549. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at investor.patenergy.com. A webcast replay of the conference call will be available on the Company's website for one year.About Patterson-UTIPatterson-UTI is a leading provider of drilling and completion
- NEWSPatterson-UTI Reports Drilling Activity for June 2026HOUSTON, TX / ACCESS Newswire / July 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2026, the Company had an average of 95 drilling rigs operating in the United States. For the three months ended June 30, 2026, the Company had an average of 92 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a partic
- INSIDERChief Accounting Officer Robinson Forrest C was granted 20,833 shares, covered exercise/tax liability with 5,749 shares and sold $164,177 worth of shares (13,670 units at $12.01), increasing direct ownership by 2% to 71,926 units (SEC Form 4) to satisfy withholding obligation4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERPresident & CEO Hendricks William Andrew Jr sold $2,328,000 worth of shares (200,000 units at $11.64), decreasing direct ownership by 7% to 2,542,474 units (SEC Form 4)4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- NEWSPatterson-UTI Reports Drilling Activity for May 2026HOUSTON, TX / ACCESS Newswire / June 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2026, the Company had an average of 92 drilling rigs operating in the United States. For the two months ended May 31, 2026, the Company had an average of 90 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular
- SECPatterson-UTI Energy Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits8-K - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- INSIDEREVP & Chief Operating Officer Holcomb James Michael sold $1,720,500 worth of shares (150,000 units at $11.47), decreasing direct ownership by 26% to 421,523 units (SEC Form 4)4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- SECSEC Form SD filed by Patterson-UTI Energy Inc.SD - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- SECPatterson-UTI Energy Inc. filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits8-K - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- SECPatterson-UTI Energy Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligation8-K - PATTERSON UTI ENERGY INC (0000889900) (Filer)
- INSIDEREVP, General Counsel&Secretary Wexler Seth David covered exercise/tax liability with 10,363 shares, decreasing direct ownership by 2% to 524,582 units (SEC Form 4) (withholding obligation)4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERExecutive Vice President Berns Kenneth N covered exercise/tax liability with 12,096 shares, decreasing direct ownership by 1% to 1,043,987 units (SEC Form 4) to cover withholding tax4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDEREVP & Chief Operating Officer Holcomb James Michael covered exercise/tax liability with 12,395 shares, decreasing direct ownership by 2% to 571,523 units (SEC Form 4) to satisfy withholding obligation4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERPresident & CEO Hendricks William Andrew Jr covered exercise/tax liability with 48,952 shares, decreasing direct ownership by 2% to 2,742,474 units (SEC Form 4) to cover withholding tax4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDEREVP & Chief Financial Officer Smith Charles Andrew covered exercise/tax liability with 13,016 shares, decreasing direct ownership by 2% to 713,439 units (SEC Form 4) to cover withholding tax4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERDirector Jaime Cesar sold $122,900 worth of shares (10,000 units at $12.29), decreasing direct ownership by 11% to 77,462 units (SEC Form 4)4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERPresident & CEO Hendricks William Andrew Jr covered exercise/tax liability with 31,677 shares, decreasing direct ownership by 1% to 2,791,426 units (SEC Form 4) to cover taxes4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDERExecutive Vice President Berns Kenneth N covered exercise/tax liability with 12,680 shares, decreasing direct ownership by 1% to 1,056,083 units (SEC Form 4) (tax withholding)4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
- INSIDEREVP & Chief Operating Officer Holcomb James Michael covered exercise/tax liability with 9,741 shares, decreasing direct ownership by 2% to 583,918 units (SEC Form 4) to cover taxes4 - PATTERSON UTI ENERGY INC (0000889900) (Issuer)
PTEN FAQ
7 questionsWhat does Patterson-UTI Energy Inc. do?
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas and southeastern New Mexico, north central and east Texas, northern Louisiana, Colorado, Wyoming, North Dakota, south Texas, western Oklahoma, Pennsylvania, Ohio, and West Virginia. As of December 31, 2020...Where does PTEN stock trade?
Patterson-UTI Energy Inc. (PTEN) is listed on NASDAQ.What sector and industry is PTEN in?
Patterson-UTI Energy Inc. operates in the Energy sector, Oil & Gas Production industry.When did Patterson-UTI Energy Inc. go public?
Patterson-UTI Energy Inc. (PTEN) completed its IPO in 1993.What are analysts saying about PTEN?
Patterson-UTI Energy Inc. has had 8 recent analyst actions on file. The most recent action was from Analyst: Neutral with a $1200.00 price target on 2026-07-31. Recent price targets range from $600.00 to $1500.00.What companies are similar to PTEN?
Notable peers in the same industry include SHEL (Shell PLC), TTE (TotalEnergies SE), PBR (Petroleo Brasileiro S.A. Petrobras), CNQ (Canadian Natural Resources Limited), PTR (PetroChina Company Limited). Compare PTEN side-by-side with any of them on Quantisnow.How can I track PTEN on Quantisnow?
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