PATTERSON UTI ENERGY INC (PTEN)

8.02 0.1 (1.26%)

As of 2026-02-18 03:36:23 EST

Patterson-UTI Energy, Inc. provides land drilling and pressure pumping services, directional drilling, rental equipment and technology to clients in the United States and western Canada. Patterson-UTI Companies include:

Traded asNasdaq: PTEN
ISINUS7034811015
CIK0000889900
LEI254900XGFBKIXD6G0697
EIN752504748
SectorPetroleum industry
IndustryDrilling Oil & Gas Wells
CEOWilliam Andrew Hendricks Jr.
Employees5,800
Fiscal Year End1231
Address10713 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON, TX, 77064
Phone2817657100
Websitehttp://patenergy.com
Stock Quotes
trading_symbolregistrant_nametimepricechangepercentage_change
PTENPATTERSON UTI ENERGY INC2026-02-18 03:36:238.020.11.26
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Company Information
trading_symbolcentral_index_keyregistrant_nameisin_numberlei_numberein_numberexchangesic_codesic_descriptionfiscal_year_endstate_of_incorporationaddress_streetaddress_cityaddress_stateaddress_zip_codeaddress_countryaddress_country_codephone_numbermailing_addressbusiness_addressformer_nameindustryfounding_datechief_executive_officernumber_of_employeeswebsitemarket_capshares_issuedshares_outstandingdescriptionupdate_time
PTEN0000889900PATTERSON UTI ENERGY INCUS7034811015254900XGFBKIXD6G0697752504748Nasdaq1381Drilling Oil & Gas Wells1231DE10713 WEST SAM HOUSTON PARKWAY NORTHHOUSTONTX77064UNITED STATESUS281765710010713 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON, TX, 7706410713 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON, TX, 77064PATTERSON ENERGY INCPetroleum industry1978William Andrew Hendricks Jr.5,800http://patenergy.com2,300,000,000523,736,898379,575,200Patterson-UTI Energy, Inc. provides land drilling and pressure pumping services, directional drilling, rental equipment and technology to clients in the United States and western Canada. Patterson-UTI Companies include:2026-02-12 16:58:17
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PTEN Stock Price (End-of-Day)
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PTEN Stock Price (1-Minute)
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Market Cap
Fiscal YearMarket CapChange In Market CapPercentage Change In Market CapShares OutstandingChange In Shares OutstandingPercentage Change In Shares Outstanding
20252,300,000,000-1,700,000,000-42.5379,575,200-6,815,097-1.7638
20244,000,000,0001,600,000,00066.6667386,390,297-21,801,939-5.3411
20232,400,000,000-1,000,000,000-29.4118408,192,236194,536,34891.0512
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Executive Compensation
Executive NameExecutive PositionFiscal YearSalaryBonusStock AwardsIncentive Plan CompensationOther CompensationTotal Compensation
Kenneth N. BernsChief Commercial Officer, Executive Vice President2024590,000300,0001,853,888629,00003,372,888
James M. HolcombChief Business Officer, Executive Vice President2024670,0001,000,0002,118,692700,00013,8004,502,492
William Andrew Hendricks, Jr.Chief Executive Officer, President20241,300,00009,004,3761,733,00013,80012,051,176
C. Andrew SmithChief Financial Officer, Executive Vice President2024680,000360,0002,225,112798,00013,8004,076,912
Seth D. WexlerSecretary, Executive Vice President, General Counsel2024650,000460,0001,907,098693,00013,8003,723,898
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Employee Count
Fiscal YearEmployee Count
20257,900
20249,200
202310,600
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Income Statements
Fiscal Year202520242023
Revenue4,826,624,0005,377,911,0004,146,456,000
Cost Of Revenue977,234,0001,029,591,0001,119,200,000
Gross Profit
Research And Development Expenses
General And Administrative Expenses255,072,000268,337,000169,962,000
Operating Expenses4,867,454,0006,267,648,0003,794,502,000
Operating Income-40,830,000-889,737,000351,954,000
Net Income-93,635,000-968,031,000246,292,000
Earnings Per Share Basic-0.24-2.440.88
Earnings Per Share Diluted-0.24-2.440.88
Weighted Average Shares Outstanding Basic383,465,000397,196,000279,501
Weighted Average Shares Outstanding Diluted383,465,000397,196,000280,061
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Balance Sheet Statements
Fiscal Year202520242023
Cash And Cash Equivalents418,507,000239,182,000190,108,000
Marketable Securities Current
Accounts Receivable723,277,000763,806,000971,091,000
Inventories160,280,000167,023,000180,805,000
Non Trade Receivables22,194,00024,777,00026,949,000
Other Assets Current113,892,000123,193,000141,122,000
Total Assets Current1,418,091,0001,295,315,0001,485,698,000
Marketable Securities Non Current
Property Plant And Equipment2,711,037,0003,010,342,0003,340,412,000
Other Assets Non Current69,469,00023,709,00019,424,000
Total Assets Non Current4,152,375,0004,538,151,0005,934,333,000
Total Assets5,570,466,0005,833,466,0007,420,031,000
Accounts Payable470,782,000421,318,000534,420,000
Deferred Revenue79,300,00075,200,00028,900,000
Short Term Debt06,388,00012,226,000
Other Liabilities Current366,488,000385,751,000446,268,000
Total Liabilities Current863,642,000841,993,0001,050,435,000
Long Term Debt1,227,400,0001,233,795,0001,246,086,000
Other Liabilities Non Current12,193,00013,241,00025,066,000
Total Liabilities Non Current1,482,109,0001,515,629,0001,548,915,000
Total Liabilities2,345,751,0002,357,622,0002,599,350,000
Common Stock5,236,0005,206,0005,166,000
Retained Earnings-1,257,691,000-1,039,338,00057,035,000
Accumulated Other Comprehensive Income-1,155,000-2,584,000472,000
Total Shareholders Equity3,218,538,0003,465,823,0004,812,292,000
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Cash Flow Statements
Fiscal Year202520242023
Depreciation And Amortization5,796,0007,621,0007,223,000
Share Based Compensation Expense39,286,00046,352,00046,750,000
Other Non Cash Income Expense-737,000-7,936,000-59,000
Change In Accounts Receivable-40,578,000-203,652,000-84,544,000
Change In Inventories1,775,00011,463,00030,793,000
Change In Non Trade Receivables
Change In Other Assets
Change In Accounts Payable71,293,000-112,858,000-69,729,000
Change In Other Liabilities-24,753,000-30,121,000-42,083,000
Cash From Operating Activities961,219,0001,175,536,0001,005,914,000
Purchases Of Marketable Securities
Sales Of Marketable Securities
Acquisition Of Property Plant And Equipment589,029,000678,386,000615,690,000
Acquisition Of Business000
Other Investing Activities
Cash From Investing Activities-567,153,000-654,744,000-1,017,590,000
Tax Withholding For Share Based Compensation
Payments Of Dividends122,453,000126,791,000100,034,000
Issuance Of Common Stock
Repurchase Of Common Stock69,636,000290,427,000200,710,000
Issuance Of Long Term Debt050,000,000420,000,000
Repayment Of Long Term Debt0
Other Financing Activities-10,820,000-12,290,000-3,954,000
Cash From Financing Activities-210,732,000-474,992,00065,567,000
Change In Cash179,349,00048,613,00055,127,000
Cash At End Of Period418,507,000239,182,000190,108,000
Income Taxes Paid8,122,000-14,767,000-27,169,000
Interest Paid66,931,00068,563,00039,607,000
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Key Metrics
Fiscal Year202520242023
Earnings Per Share-0.24-2.440.88
Price To Earnings Ratio-25.4583-3.385212.2727
Earnings Growth Rate-90.1639-377.272722.2222
Price Earnings To Growth Ratio0.28240.0090.5523
Book Value Per Share8.40948.75117,247.4553
Price To Book Ratio0.72660.94390.0006
Ebitda-9,209,000-903,214,000279,216,000
Enterprise Value3,151,864,1504,281,839,9601,071,222,610.8
Dividend Yield0.05230.038633.1391
Dividend Payout Ratio-1.3078-0.1310.4062
Debt To Equity Ratio0.38140.35780.2615
Capital Expenditures-293,509,000-322,449,0001,087,059,000
Free Cash Flow1,254,728,0001,497,985,000-81,145,000
Return On Equity-0.0291-0.27930.0512
One Year Beta1.94591.11711.1621
Three Year Beta1.56191.08471.1859
Five Year Beta1.36741.48231.5161
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Insider Transactions
Insider NameRelationship To IssuerTransaction DateAmount Of SecuritiesAcquired Or DisposedSecurities Owned Following Transaction
Drummond Robert Wayne JrDirector2026-02-13400,000D164,775
ROBERTSON JULIE JDirector2026-01-0128,641A87,462
Nelson Amy HDirector2026-01-0128,641A191,468
Drummond Robert Wayne JrDirector2026-01-0128,641A1,512,947
Halverson Gary M.Director2026-01-0128,641A196,612
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House Trading
Name Of Reporting PersonReport DateStateTransaction TypeTransaction DateOwner TypeAmount
Debbie Wasserman Schultz2024-11-20FL25Purchase2024-10-23Child$1,001 - $15,000
Josh Gottheimer2024-02-15NJ05Purchase2024-01-11Joint$1,001 - $15,000
Josh Gottheimer2024-01-07NJ05Sale (Partial)2023-12-11Joint$1,001 - $15,000
Josh Gottheimer2023-08-21NJ05Purchase2023-07-14Joint$1,001 - $15,000
Josh Gottheimer2023-07-11NJ05Sale (Partial)2023-06-13Joint$1,001 - $15,000
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Institutional Holdings
Investor NamePeriod Of ReportMarket ValueAmount Of SecuritiesPrice Per Security
Abel Hall, LLC2025-12-3194,47915,4636.11
LAZARD ASSET MANAGEMENT LLC2025-12-31122,71320,0846.11
Cetera Investment Advisers2025-12-31341,48155,8896.11
GUGGENHEIM CAPITAL LLC2025-12-311,093,855179,0276.11
J. Goldman & Co LP2025-12-313,427,099560,9006.11
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Mutual Fund Holdings
Registrant NamePeriod Of ReportFund NameFund SymbolAmount Of UnitsValue In UsdPercentage Value Compared To Assets
EMPOWER FUNDS, INC.2025-12-31Institutional ClassMXERX264,5001,616,094.990.1454
EMPOWER FUNDS, INC.2025-12-31Class LMXNSX264,5001,616,094.990.1454
EMPOWER FUNDS, INC.2025-12-31Investor ClassMXISX264,5001,616,094.990.1454
SHELTON FUNDS2025-11-30K SharesSMLKX12,87674,809.560.1574
SHELTON FUNDS2025-11-30Investor SharesSMCIX12,87674,809.560.1574
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