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
3.71B
Market cap3.71B
Price-Earnings ratio
-40.04
Price-Earnings ratio-40.04
Dividend yield
3.48%
Dividend yield3.48%
Average volume
11.83M
Average volume11.83M
High today
$10.10
High today$10.10
Low today
$9.80
Low today$9.80
Open price
$9.82
Open price$9.82
Volume
3.03K
Volume3.03K
52 Week high
$11.75
52 Week high$11.75
52 Week low
$5.10
52 Week low$5.10

Stock Snapshot

The current Patterson-UTI Energy(PTEN) stock price is $9.87, with a market capitalization of 3.71B. The stock trades at a price-to-earnings (P/E) ratio of -40.04 and offers a dividend yield of 3.5%.

On 2026-04-21, Patterson-UTI Energy(PTEN) stock traded between a low of $9.80 and a high of $10.10. Shares are currently priced at $9.87, which is +0.7% above the low and -2.3% below the high.

Patterson-UTI Energy(PTEN) shares are trading with a volume of 3.03K, against a daily average of 11.83M.

During the past year, Patterson-UTI Energy(PTEN) stock moved between $5.10 at its lowest and $11.75 at its peak.

During the past year, Patterson-UTI Energy(PTEN) stock moved between $5.10 at its lowest and $11.75 at its peak.

PTEN News

TipRanks 22h
Patterson-UTI upgraded to Overweight from Equalweight at Capital One

Capital One upgraded Patterson-UTI (PTEN) to Overweight from Equalweight with a price target of $12, up from $10. Unlock hedge fund-level data and powerful inv...

TipRanks 6d
Patterson-UTI price target raised to $10 from $9 at Piper Sandler

Piper Sandler raised the firm’s price target on Patterson-UTI (PTEN) to $10 from $9 and keeps a Neutral rating on the shares. The firm says that over the past s...

Simply Wall St 7d
The Bull Case For Patterson-UTI Energy Could Change Following Strait Of Hormuz Blockade Risk News

In recent days, Patterson-UTI Energy has been in focus after reports of a planned U.S. blockade of the Strait of Hormuz raised the risk of oil supply disruption...

The Bull Case For Patterson-UTI Energy Could Change Following Strait Of Hormuz Blockade Risk News

Analyst ratings

47%

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

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