Patterson-UTI Energy Overview
- Year Founded
-
1978
- Status
-
Public
- Employees
-
7,900
- Stock Symbol
-
PTEN
- Investments
-
16
- Share Price
-
$10.66
- (As of Thursday Closing)
Patterson-UTI Energy General Information
Description
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
Contact Information
Website
www.patenergy.comCorporate Office
- 10713 West Sam Houston Parkway North
- Suite 800
- Houston, TX 77064
- United States
Corporate Office
- 10713 West Sam Houston Parkway North
- Suite 800
- Houston, TX 77064
- United States
Patterson-UTI Energy Timeline
Patterson-UTI Energy Stock Performance
As of 12-Nov-2026, Patterson-UTI Energy’s stock price is $10.66. Its current market cap is $4.05B with 379M shares.
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $10.66 | $10.42 | $5.24 - $13.39 | $4.05B | 379M | 7.66M | -$0.06 |
Patterson-UTI Energy Financials Summary
As of 30-Sep-2026, Patterson-UTI Energy has a trailing 12-month revenue of $4.84B.
|
In Thousands, USD |
TTM 30-Sep-2026 | FY 2025 31-Dec-2025 | FY 2024 31-Dec-2024 | FY 2023 31-Dec-2023 |
|---|---|---|---|---|
| EV | 5,255,935 | 3,427,000 | 4,429,766 | 5,795,553 |
| Revenue | 4,838,345 | 4,826,624 | 5,377,911 | 4,146,456 |
| EBITDA | 946,313 | 901,132 | 281,161 | 1,085,268 |
| Net Income | (24,970) | (93,635) | (968,031) | 246,292 |
| Total Assets | 5,451,905 | 5,570,466 | 5,833,466 | 7,420,031 |
| Total Debt | 1,287,053 | 1,280,470 | 1,299,215 | 1,345,489 |
Patterson-UTI Energy Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Patterson-UTI Energy Comparisons
Industry
Financing
Details
Patterson-UTI Energy Competitors (8)
One of Patterson-UTI Energy’s 8 competitors is Precision Drilling, a Formerly PE-Backed company based in Calgary, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Precision Drilling | Formerly PE-Backed | Calgary, Canada | ||||
| Helmerich & Payne | Corporation | Tulsa, OK | ||||
| EQT Production Company | Corporate Backed or Acquired | Pittsburgh, PA | ||||
| GE Oil & Gas | Corporation | Houston, TX | ||||
| Savanna Energy Services | Corporate Backed or Acquired | Calgary, Canada |
Patterson-UTI Energy Patents
Patterson-UTI Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260251016-A1 | Serviceable gripping systems for top drives | Pending | 24-Feb-2025 | ||
| US-20250105644-A1 | Method and system for blackout prevention on a drilling rig | Pending | 27-Sep-2023 | ||
| WO-2025023954-A1 | Method and system for motor stall detection | Inactive | 25-Jul-2023 | ||
| US-20260153024-A1 | System and method for mud motor stall detection and recovery | Pending | 25-Jul-2023 | ||
| US-12662886-B2 | Wrench assembly bumper plate systems | Active | 12-Jun-2023 | E21B19/161 |
Patterson-UTI Energy Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Patterson-UTI Energy Investments & Acquisitions (16)
Patterson-UTI Energy’s most recent deal was a Joint Venture with Turnwell Industries. The deal was made on 17-Dec-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Turnwell Industries | 17-Dec-2024 | Joint Venture | Energy Exploration | ||
| NexTier Completion Solutions | 01-Sep-2023 | Merger/Acquisition | Other Energy Services | ||
| Ulterra Drilling Technologies | 14-Aug-2023 | Merger/Acquisition | Oil and Gas Equipment | ||
| Criterion Energy Partners | 08-Mar-2022 | Early Stage VC | Energy Production | ||
| Pioneer Energy Services | 01-Oct-2021 | Merger/Acquisition | Other Energy Services |
Patterson-UTI Energy ESG
Risk Overview
Risk Rating
Updated November, 04, 2026
20.74 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 13,585
Rank
Percentile
Energy Services
Industry
of 95
Rank
Percentile
Oil & Gas Drilling
Subindustry
of 20
Rank
Percentile
Patterson-UTI Energy Exits (1)
Patterson-UTI Energy’s most recent exit was on 08-Mar-2022 from Criterion Energy Partners. The exit was categorized as .
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Criterion Energy Partners | 08-Mar-2022 | Completed |
|
Patterson-UTI Energy Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Superior QC | Houston, TX | 2015 | |
| NexTier Completion Solutions | Houston, TX | 1973 | |
| Ulterra Drilling Technologies | Fort Worth, TX | 1927 |
Patterson-UTI Energy FAQs
-
When was Patterson-UTI Energy founded?
Patterson-UTI Energy was founded in 1978.
-
Where is Patterson-UTI Energy headquartered?
Patterson-UTI Energy is headquartered in Houston, TX.
-
What is the size of Patterson-UTI Energy?
Patterson-UTI Energy has 7,900 total employees.
-
What industry is Patterson-UTI Energy in?
Patterson-UTI Energy’s primary industry is Energy Exploration.
-
Is Patterson-UTI Energy a private or public company?
Patterson-UTI Energy is a Public company.
-
What is Patterson-UTI Energy’s stock symbol?
The ticker symbol for Patterson-UTI Energy is PTEN.
-
What is the current stock price of Patterson-UTI Energy?
As of 12-Nov-2026 the stock price of Patterson-UTI Energy is $10.66.
-
What is the current market cap of Patterson-UTI Energy?
The current market capitalization of Patterson-UTI Energy is $4.05B.
-
What is Patterson-UTI Energy’s current revenue?
The trailing twelve month revenue for Patterson-UTI Energy is $4.84B.
-
Who are Patterson-UTI Energy’s competitors?
Precision Drilling, Helmerich & Payne, EQT Production Company, GE Oil & Gas, and Savanna Energy Services are some of the 8 competitors of Patterson-UTI Energy.
-
What is Patterson-UTI Energy’s annual earnings per share (EPS)?
Patterson-UTI Energy’s EPS for 12 months was -$0.06.
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