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

3.69B

Market cap3.69B

Price-Earnings ratio

-29.37

Price-Earnings ratio-29.37

Dividend yield

3.93%

Dividend yield3.93%

Average volume

11.32M

Average volume11.32M

High today

$9.86

High today$9.86

Low today

$9.35

Low today$9.35

Open price

$9.38

Open price$9.38

Volume

15.37M

Volume15.37M

52 Week high

$13.08

52 Week high$13.08

52 Week low

$5.10

52 Week low$5.10

Stock Snapshot

Patterson-UTI Energy(PTEN) stock is priced at $9.73, giving the company a market capitalization of 3.69B. It carries a P/E multiple of -29.37 and pays a dividend yield of 3.93%.

As of 2026-07-08, Patterson-UTI Energy(PTEN) stock has fluctuated between $9.35 and $9.86. The current price stands at $9.73, placing the stock +4.1% above today's low and -1.3% off the high.

The Patterson-UTI Energy(PTEN)'s current trading volume is 15.37M, compared to an average daily volume of 11.32M.

During the past year, Patterson-UTI Energy(PTEN) stock moved between $5.10 at its lowest and $13.08 at its peak.

PTEN News

TipRanks 12h

Patterson-UTI price target lowered to $12 from $14 at Susquehanna

Susquehanna analyst Charles Minervino lowered the firm’s price target on Patterson-UTI (PTEN) to $12 from $14 and keeps a Positive rating on the shares. The fir...

Investing.com 2d

Patterson-UTI reports 95 drilling rigs operating in June - Investing.com

...

Simply Wall St 7d

Patterson UTI Energy Looks Fairly Valued As Options Buyers Return

Patterson-UTI Energy (PTEN) is back in focus after an institutional buyer committed roughly US$2.5 million to 11,000 August 2026 US$10 call options, highlightin...

Analyst ratings

47%

of 17 ratings

Buy

47.1%

Hold

41.2%

Sell

11.8%

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