PTEN Overview

Patterson-UTI Energy, Inc. is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services. Its Drilling Services segment provides a comprehensive suite of directional drilling services in major producing onshore oil and natural gas basins in the United States, and it provides services that improve the statistical accuracy of wellbore placement for directional and horizontal wells. Its Completion Services segment consists of a well completion business consists of services for hydraulic fracturing, wireline and pumping, completion support, and cementing. Its Drilling Products segment engages in the manufacturing and distribution of drill bits throughout North America. The Company's drilling equipment is used in oil and natural gas exploration and production and in mining operations.

Wall Street analysts forecast PTEN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PTEN is7.22 USD with a low forecast of 6.00 USD and a high forecast of 9.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

Patterson-UTI Energy Inc revenue for the last quarter amounts to 1.15B USD, decreased -0.97

Patterson-UTI Energy Inc. EPS for the last quarter amounts to -0.02 USD, decreased -84.62

Patterson-UTI Energy Inc (PTEN) has 7900 emplpoyees as of March 03 2026.

Today PTEN has the market capitalization of 3.35B USD.