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PT

NYSE · PTEN

Patterson-UTI Energy, Inc.

Energy · Oil & Gas Drilling

$11.78

Down-$0.25 (-2.08%)

Updated Sep 20, 2026, 11:34 AM

SID Score

6.7/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
2.45B
P/E ratio
-17.94
Dividend yield
2.72%
52-week range
$5.10 – $13.39
Volume
17.49M
Avg. volume
8.76M

Price performance

PTEN price history

1M range · 19 trading sessions · Daily adjusted prices

PTEN closed at $11.78 after 19 trading sessions, down 0.67% for the selected period.

Last close
$11.78
Period change
-0.67%
Period low
$11.52
Period high
$13.15
Daily close
View OHLC price history
PTEN OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Sep 18, 2026$11.93$11.99$11.755$11.7817.49M
Sep 17, 2026$12.02$12.205$11.86$12.038.4M
Sep 16, 2026$12.54$12.63$11.82$12.038.98M
Sep 15, 2026$12.53$12.93$12.51$12.717.52M
Sep 14, 2026$12.88$13.02$12.31$12.428.64M
Sep 11, 2026$12.88$13.11$12.75$12.857.93M
Sep 10, 2026$13.30$13.39$12.655$12.906.84M
Sep 9, 2026$12.95$13.135$12.735$12.937.76M
Sep 8, 2026$12.725$13.045$12.63$12.667.82M
Sep 4, 2026$12.38$12.485$12.225$12.426.58M
Sep 3, 2026$13.10$13.24$12.475$12.555.94M
Sep 2, 2026$12.61$13.305$12.61$13.1513.29M
Sep 1, 2026$12.755$12.895$12.475$12.797.69M
Aug 31, 2026$12.898$12.93$12.285$12.6410.49M
Aug 28, 2026$12.13$12.49$12.11$12.4310.09M
Aug 27, 2026$11.62$12.475$11.62$12.2610.84M
Aug 26, 2026$11.21$11.79$11.04$11.759.07M
Aug 25, 2026$11.53$11.72$11.41$11.529.63M
Aug 24, 2026$12.13$12.16$11.62$11.864.99M

Latest PTEN news

The latest Smart Investors Daily articles mentioning PTEN.

PTEN research

Overview

Company profile and research snapshot.

Company profile

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.

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Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
$7.00
Implied upside
Analysts
PTEN recent ratings
DateFirmRatingTarget
Sep 4, 2026CitigroupNeutral
Aug 5, 2026BarclaysOverweight
Aug 3, 2026SusquehannaPositive
Jul 31, 2026JP MorganNeutral
Jul 14, 2026Piper SandlerOverweight
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Yahoo · Sep 10, 2026

Patterson-UTI (PTEN) Averaged 101 August Rigs. Can Activity Deliver Better Margins?

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) reported on September 7 that it averaged 101 revenue-earning drilling rigs in the United States during August and 100 over the two months ended August 31. The count measures rigs earning revenue under drilling contracts. The announcement provided no day rates, contract duration, utilization by rig class, or margins. Management explicitly […]

Yahoo · Sep 8, 2026

Patterson-UTI Reports Drilling Activity for August 2026

HOUSTON, TX / ACCESS Newswire / September 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2026, the Company had an average of 101 drilling rigs operating in the United States.

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