Patterson-UTI Energy

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About PTEN

Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. 

CEO
William Andrew Hendricks
CEOWilliam Andrew Hendricks
Employees
7,900
Employees7,900
Headquarters
Houston, Texas
HeadquartersHouston, Texas
Founded
1978
Founded1978
Employees
7,900
Employees7,900

PTEN Key Statistics

Market cap
4.50B
Market cap4.50B
Price-Earnings ratio
-36.66
Price-Earnings ratio-36.66
Dividend yield
2.98%
Dividend yield2.98%
Average volume
8.32M
Average volume8.32M
High today
$11.99
High today$11.99
Low today
$11.54
Low today$11.54
Open price
$11.64
Open price$11.64
Volume
5.17M
Volume5.17M
52 Week high
$12.62
52 Week high$12.62
52 Week low
$5.10
52 Week low$5.10

Stock Snapshot

With a market cap of 4.5B, Patterson-UTI Energy(PTEN) trades at $11.95. The stock has a price-to-earnings ratio of -36.66 and currently yields dividends of 3.0%.

On 2026-05-11, Patterson-UTI Energy(PTEN) stock moved within a range of $11.54 to $11.99. With shares now at $11.95, the stock is trading +3.6% above its intraday low and -0.3% below the session's peak.

Trading volume for Patterson-UTI Energy(PTEN) stock has reached 5.17M, versus its average volume of 8.32M.

Over the past 52 weeks, Patterson-UTI Energy(PTEN) stock has traded between a high of $12.62 and a low of $5.10.

Over the past 52 weeks, Patterson-UTI Energy(PTEN) stock has traded between a high of $12.62 and a low of $5.10.

PTEN News

Simply Wall St 2d
Assessing Patterson‑UTI Energy Valuation After A Strong Year Of Share Price Gains

Advertisement How Patterson-UTI Energy Stock Has Been Performing Patterson-UTI Energy (PTEN) has drawn attention after a strong year, with the stock up about...

Assessing Patterson‑UTI Energy Valuation After A Strong Year Of Share Price Gains
TipRanks 4d
Patterson-UTI upgraded to Overweight from Equal Weight at Barclays

Barclays upgraded Patterson-UTI (PTEN) to Overweight from Equal Weight with a price target of $15, up from $10. The firm adjusted ratings and price targets in t...

Simply Wall St 4d
Is Patterson-UTI Quietly Recasting Its Risk Profile With New Debt And Shifting Shareholders?

In early May 2026, Patterson-UTI Energy completed a US$499.27 million offering of 6.050% senior unsecured notes due 2036 and extended US$450 million of its revo...

Is Patterson-UTI Quietly Recasting Its Risk Profile With New Debt And Shifting Shareholders?

Analyst ratings

47%

of 17 ratings
Buy
47.1%
Hold
41.2%
Sell
11.8%

More PTEN News

TipRanks 5d
Patterson-UTI reports an average of 88 drilling rigs in U.S. in April

Patterson-UTI (PTEN) reported that for the month of April, the company had an average of 88 drilling rigs operating in the United States. Unlock hedge fund-lev...

TipRanks 5d
Patterson-UTI Announces Senior Notes Offering and Redemption Plan

Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of mark...

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