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Q3 2026 earnings • released • EPS beat +4.67% • Revenue beat +2.69%
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PTEN:NASDAQ
Patterson-UTI Energy Inc
$11.80
-11.41%
(-1.52) 1D
$11.94
+1.23% (+0.14)
After hours
Closed: Nov 2, 4:00:01 PM GMT-5  ·   USD
All symbols
SymbolPriceChange% Change
Generating top insights for PTEN...
Open
$12.92
High
$13.00
Low
$11.77
Mkt. cap
4.49B
Avg. vol.
7.02M
Volume
0.00
Dividend
3.39%
Quarterly dividend
$0.10
Ex-dividend date
Sep 1, 2026
52-wk high
$13.39
52-wk low
$5.24
EPS
-$0.24
Beta
0.77
Shares outstanding
381.38M
No. of employees
8K
Open
$12.92
High
$13.00
Low
$11.77
Mkt. cap
4.49B
Avg. vol.
7.02M
Volume
0.00
Dividend
3.39%
Quarterly dividend
$0.10
Ex-dividend date
Sep 1, 2026
52-wk high
$13.39
52-wk low
$5.24
EPS
-$0.24
Beta
0.77
Shares outstanding
381.38M
No. of employees
8K
News stories
From web sources and news partners
Profile
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: Patterson-UTI Drilling Universal Pressure Pumping MS Directional Great Plains Oilfield Rental Warrior Rig Technologies Current Power Solutions Superior QC NexTier OFS Wikipedia
About Patterson-UTI Energy Inc
CEOWilliam Andrew Hendricks Jr.
Employees7.9K
Founded1978
HeadquartersHouston, Texas, United States
SectorDrilling
Analyst ratings
Based on 10 analysts giving stock ratings to PTEN in the past 3 months
Buy
Buy
6
Hold
4
Sell
0
12-month forecast
Based on 10 Wall Street analysts offering 12 month price targets for PTEN in the last 3 months.
Highest
Current $11.80
$17.00 (+44.07%)
Average
$14.20 (+20.34%)
Lowest
$12.00 (+1.69%)
Analyst
Recommendation
Action
Price target
Projected
Date
Joe Laetsch
Morgan Stanley
Hold
Reiterated
$13.00
+10.2%
11/02/2026
Charles Minervino
Susquehanna
Buy
Maintained
$15.00
+27.1%
10/29/2026
Josh Silverstein
UBS
Hold
Maintained
$13.50
+14.4%
10/30/2026
Keith Mackey
RBC Capital
Buy
Maintained
$17.00
+44.1%
10/30/2026
Eddie Kim
Barclays
Buy
Maintained
$17.00
+44.1%
10/30/2026
Stephen Gengaro
Stifel Nicolaus
Buy
Reiterated
$17.00
+44.1%
10/30/2026
Atidrip Modak
Goldman Sachs
Buy
Maintained
$12.00
+1.7%
10/13/2026
Saurabh Pant
Bank of America Securities
Buy
Maintained
$13.00
+10.2%
10/02/2026
Scott Gruber
Citi
Hold
Maintained
$12.50
+5.9%
10/02/2026
Arun Jayaram
J.P. Morgan
Hold
Upgraded
$12.00
+1.7%
08/04/2026
Derek Podhaizer
Piper Sandler
Buy
Upgraded
$13.00
+10.2%
07/14/2026
Douglas Becker
Capital One Financial
Buy
Upgraded
$12.00
+1.7%
04/20/2026
Last report
Oct 29, 2026
Fiscal period
Q3 2026
$0.04 / $0.04
+4.67%beat
Revenue / Est. (USD)
1.34B / 1.31B
+2.69%beat
Fiscal Q3 2026 earnings call
Waiting for the earnings call
At a glance
Insights from the latest news and reports
Previous reportsAll values in USD
Loading Previous Earnings...
Revenue
Net income
All values in USD
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
1.15B
1.12B
1.23B
1.34B
Cost of goods sold
871.89M
849.16M
947.33M
1.01B
Cost of revenue
871.89M
849.16M
947.33M
1.01B
Research and development expenses
-
-
-
-
Total research and development expenses
-
-
-
-
Selling, general, and admin expenses
62.06M
68.76M
67.50M
69.96M
Operating expense
306.95M
282.49M
286.42M
273.52M
Total operating expenses
1.18B
1.13B
1.23B
1.28B
Operating income
-28.03M
-14.32M
-5.78M
63.27M
Other non operating income
354.00K
965.00K
-3.46M
1.15M
EBT including unusual items
-15.13M
-28.07M
-27.92M
47.14M
EBT excluding unusual items
-42.92M
-28.07M
-26.74M
47.14M
Income tax expense
-5.93M
-3.60M
-8.65M
18.51M
Effective tax rate
39.20%
12.81%
30.97%
39.26%
Other operating expenses
-3.85M
-4.66M
2.31M
-18.02M
Net income
-9.09M
-24.63M
-19.60M
28.35M
Net profit margin
-0.79%
-2.20%
-1.60%
2.11%
Earnings per share
-0.02
-0.06
-
0.04
Interest and investment income
2.43M
2.76M
2.90M
2.70M
Interest expense
-17.68M
-17.48M
-20.40M
-19.97M
Net interest expenses
-15.24M
-14.72M
-17.50M
-17.28M
Depreciation and amortization charges
216.34M
218.39M
216.60M
221.58M
EBITDA
220.71M
204.08M
210.82M
286.04M
Gain or loss from assets sale
1.05M
1.86M
1.78M
-23.91M
Insider transactions
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