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PTEN

NASDAQ

Patterson-UTI Energy Inc.

SectorEnergyIndustryOil & Gas ProductionIPO1993
News25/Ratings12

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, this segment had a drilling fleet of 210 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors and wireline steering tools; and services that enhance the accuracy of horizontal wellbore placement. It also service equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. The company was founded in 1978 and is headquartered in Houston, Texas.

News · 26 weeks60-61%
2025-12-07: 32025-12-14: 12025-12-21: 02025-12-28: 02026-01-04: 112026-01-11: 22026-01-18: 02026-01-25: 02026-02-01: 22026-02-08: 12026-02-15: 12026-02-22: 02026-03-01: 22026-03-08: 02026-03-15: 12026-03-22: 12026-03-29: 02026-04-05: 32026-04-12: 22026-04-19: 22026-04-26: 22026-05-03: 172026-05-10: 52026-05-17: 12026-05-24: 22026-05-31: 1
2025-12-072026-05-31
Mix3890d
  • Insider20(53%)
  • SEC Filings9(24%)
  • Market4(11%)
  • Other3(8%)
  • Analyst2(5%)

Latest news

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PTEN FAQ

7 questions
  • What 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 Barclays: Overweight with a $1500.00 price target on 2026-05-07. 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?
    Quantisnow aggregates Patterson-UTI Energy Inc.'s SEC filings, analyst ratings, insider transactions, FDA approvals, and press releases the moment they hit the wire (Wall Street's wire, on your screen.). Follow PTEN to receive live email and push alerts on every new disclosure.