PTEN

Patterson-UTI Energy Inc

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Advanced Chart

5.410

-0.02(-0.368%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

5.530

Open

5.460

VWAP

5.42

Vol

6.33M

Mkt Cap

2.08B

Low

5.340

Amount

34.33M

EV/EBITDA(TTM)

3.16

Total Shares

403.25M

3.16B

EV/OCF(TTM)

3.29

P/S(TTM)

0.42

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

1.14B

-10.68%

-0.118

-3922.58%

1.12B

-3.4%

-0.135

+8.92%

1.18B

-13.3%

-0.085

-70.79%

Estimates Revision

The market is revising Downward the revenue expectations for Patterson-UTI Energy, Inc. (PTEN) for FY2025, with the revenue forecasts being adjusted by -3.16% over the past three months. During the same period, the stock price has changed by -14.40%.

Revenue Estimates for FY2025

Revise Downward

-3.16%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+100.53%

In Past 3 Month

Stock Price

Go Down

-14.40%

In Past 3 Month

12 Analyst Rating

32.35% Upside

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 is 7.16 USD with a low forecast of 5.50 USD and a high forecast of 10.00 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.

5 Buy

6 Hold

1 Sell

Moderate Buy

32.35% Upside

Current: 5.410

Low

5.50

Averages

7.16

High

10.00

32.35% Upside

Current: 5.410

Low

5.50

Averages

7.16

High

10.00

Barclays

Overweight

downgrade

$8 -> $7

2025-07-29

Reason

Barclays

Price Target

$8 -> $7

2025-07-29

downgrade

Overweight

Reason

Barclays lowered the firm's price target on Patterson-UTI to $7 from $8 and keeps an Overweight rating on the shares post the Q2 report. The company's Q3 outlook reflects the softening activity and pricing environment in North America, the analyst tells investors in a research note.

RBC Capital

Outperform

downgrade

2025-07-25

Reason

RBC Capital

Price Target

2025-07-25

downgrade

Outperform

Reason

RBC Capital lowered the firm's price target on Patterson-UTI to $8.50 from $9 and keeps an Outperform rating on the shares. Patterson-UTI's Q2 results were in-line with estimates as the company focuses on increasing the competitiveness of its offerings through enhanced technology implementation, the analyst tells investors in a research note.

Stifel

Buy

downgrade

$12 -> $10

2025-07-25

Reason

Stifel

Price Target

$12 -> $10

2025-07-25

downgrade

Buy

Reason

Stifel lowered the firm's price target on Patterson-UTI to $10 from $12 and keeps a Buy rating on the shares. In line Q2 results and Q3 guidance highlight the resiliency of Patterson's "high-quality equipment despite persistent headwinds," the analyst tells investors. The firm continues to view the risk/reward as favorable, but is reducing its 2026 forecast to reflect uncertainty and lowering its price target based on a revised sum-of-the-parts analysis.

Stifel

Buy

downgrade

$13 -> $12

2025-07-16

Reason

Stifel

Price Target

$13 -> $12

2025-07-16

downgrade

Buy

Reason

Stifel lowered the firm's price target on Patterson-UTI to $12 from $13 and keeps a Buy rating on the shares. Oil service stocks have underperformed the S&P 500 in 2025, and catalysts have been largely negative, the analyst tells investors in a research note. Entering Q2 earnings season, the firm believes shares will be range bound until estimates stop falling.

Piper Sandler

Neutral

initiated

2025-07-14

Reason

Piper Sandler

Price Target

2025-07-14

initiated

Neutral

Reason

Piper Sandler initiated coverage of Patterson-UTI with a Neutral rating and $7 price target. Piper rolled out coverage of 13 Smid-cap oilfield services stocks. The firm sees a challenging backdrop for U.S. land, saying oil prices remain below $70 per barrel due to tariffs and production hikes. The analyst expects a \"persistent negative rate-of-change envinrment\" for the rest of 2025 with the U.S. land rig count falling to 500 from 522 today. This will create pressure on frac activity and proppant pricing, the analyst tells investors in a research note.

Susquehanna

Charles Minervino

Positive

downgrade

$9 -> $8

2025-06-04

Reason

Susquehanna

Charles Minervino

Price Target

$9 -> $8

2025-06-04

downgrade

Positive

Reason

Susquehanna analyst Charles Minervino lowered the firm's price target on Patterson-UTI to $8 from $9 and keeps a Positive rating on the shares. The firm updated its model to reflect the business activity update recently provided by the company. In the Drilling Services segment, rig count is now at 100 rigs and expected to decline a little bit further by quarter-end, after averaging 106 for the first two months of quarter. As a result, they lowered the rig count assumption to 103 for the quarter, from 106 previously.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Patterson-UTI Energy Inc (PTEN.O) is -12.58, compared to its 5-year average forward P/E of -9.14. For a more detailed relative valuation and DCF analysis to assess Patterson-UTI Energy Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-9.14

Current PE

-12.58

Overvalued PE

65.23

Undervalued PE

-83.52

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

6.02

Current EV/EBITDA

4.09

Overvalued EV/EBITDA

9.11

Undervalued EV/EBITDA

2.92

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.86

Current PS

0.45

Overvalued PS

1.13

Undervalued PS

0.60

Financials

Annual

Quarterly

FY2025Q2

YoY :

-9.56%

1.22B

Total Revenue

FY2025Q2

YoY :

-151.90%

-29.00M

Operating Profit

FY2025Q2

YoY :

-519.04%

-48.70M

Net Income after Tax

FY2025Q2

YoY :

-533.33%

-0.13

EPS - Diluted

FY2025Q2

YoY :

-106.65%

-4.46M

Free Cash Flow

FY2025Q2

YoY :

-71.64%

2.30

Gross Profit Margin - %

FY2025Q2

YoY :

-19.32%

6.64

FCF Margin - %

FY2025Q2

YoY :

-563.95%

-3.99

Net Margin - %

FY2025Q2

YoY :

-100.00%

N/A

ROIC

Trading Trends

Insider

Insiders areSelling! The selling amount has increased 1148.08% over the last month.

Sold

0-3

Months

410.5K

USD

3-6

Months

32.9K

USD

6-9

Months

2.6M

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

197.0K

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds areBuying! The buying amount has increased 186.35% over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

659.4K

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

6.8M

Volume

Months

6-9

2.4M

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

8.0K

USD

Months

Insider

Insiders areSelling! The selling amount has increased 1148.08% over the last month.

Sold

0-3

Months

410.5K

USD

3-6

Months

32.9K

USD

6-9

Months

2.6M

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

197.0K

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

PTEN News & Events

Events Timeline

2025-08-05 (ET)

2025-08-05

18:01:14

Patterson-UTI had average of 98 drilling rigs operating in July

2025-07-23 (ET)

2025-07-23

18:17:15

Patterson-UTI reports Q2 EPS (13c), consensus (4c)

2025-06-05 (ET)

2025-06-05

17:37:52

Patterson-UTI reports May 2025 drilling activity

News

4.0

07-25Benzinga

Stifel Maintains Buy on Patterson-UTI Energy, Lowers Price Target to $10

4.0

07-25Benzinga

RBC Capital Maintains Outperform on Patterson-UTI Energy, Lowers Price Target to $8.5

9.5

07-24NASDAQ.COM

Patterson-UTI (PTEN) Reports Q2 Loss, Tops Revenue Estimates

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17.530

USD

+1.39%

FAQ

What is Patterson-UTI Energy Inc (PTEN) stock price today?

The current price of PTEN is 5.41 USD — it has decreased -0.37 % in the last trading day.

PTEN

Market Estimates

Valuation Metrics

Forward PE

Forward EV/EBITDA

Forward PS

Financials

Trading Trends

PTEN News & Events

Events Timeline

News

People Also Watch

FAQ

What is Patterson-UTI Energy Inc (PTEN) stock price today?

What is Patterson-UTI Energy Inc (PTEN)'s business?

What is the price predicton of PTEN Stock?

What is Patterson-UTI Energy Inc (PTEN)'s revenue for the last quarter?

What is Patterson-UTI Energy Inc (PTEN)'s earnings per share (EPS) for the last quarter?

What changes have occurred in the market's expectations for Patterson-UTI Energy Inc (PTEN)'s fundamentals?

How many employees does Patterson-UTI Energy Inc (PTEN). have?

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