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

3.74B

Market cap3.74B

Price-Earnings ratio

-31.59

Price-Earnings ratio-31.59

Dividend yield

3.65%

Dividend yield3.65%

Average volume

9.31M

Average volume9.31M

High today

$10.04

High today$10.04

Low today

$9.53

Low today$9.53

Open price

$9.98

Open price$9.98

Volume

6.93M

Volume6.93M

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 $9.84, giving the company a market capitalization of 3.74B. It carries a P/E multiple of -31.59 and pays a dividend yield of 3.65%.

As of 2026-07-16, Patterson-UTI Energy(PTEN) stock has fluctuated between $9.53 and $10.04. The current price stands at $9.84, placing the stock +3.3% above today's low and -2.0% off the high.

The Patterson-UTI Energy(PTEN)'s current trading volume is 6.93M, compared to an average daily volume of 9.31M.

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

PTEN News

Simply Wall St 5h

Patterson UTI Energy Draws Fresh Analyst Optimism, Is It Still Below Fair Value?

Recent analyst actions around Patterson-UTI Energy (PTEN), including an upgrade from Piper Sandler and a reiterated positive outlook from Susquehanna, have put...

TipRanks 17h

Patterson-UTI price target raised to $11 from $10 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Patterson-UTI (PTEN) to $11 from $10 and keeps an Equal Weight rating on the shares. Into Q2 results, the firm...

Simply Wall St 4d

Patterson-UTI Stock May Be 47% Undervalued As Guidance Improves

Patterson-UTI Energy has delivered a 50.5% gain over the past year, yet both the Discounted Cash Flow (DCF) intrinsic value estimate and the market multiples st...

Analyst ratings

53%

of 17 ratings

Buy

52.9%

Hold

35.3%

Sell

11.8%

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