Patterson-UTI Energy, Inc. (PTEN)Energy | Oil & Gas Drilling | Houston, United States | NasdaqGS
9.42 USD
-0.99
(-9.510%) ⇩
(April 17, 2026, 4 p.m.
EDT)
After hours: 9.39 -0.03 (-0.030%) ⇩ (April 17, 2026, 7:59 p.m. EDT) Short-term: ★★☆☆☆ | Long-term: ★☆☆☆☆ | Dividends: ★★★☆☆ |
Hot Take | April 11, 2026, 1:26 p.m. EDT
PTEN has shown recent volatility with a price range between $5.10 and $11.75 over the past year, and the current price of $10.05 is near the lower end of this range. While the dividend yield is attractive at 3.94%, the payout ratio of 2.13 suggests that the company may be under pressure to maintain dividends. The recent news of institutional selling and mixed analyst recommendations indicate uncertainty. Short-term traders may look for a rebound, but the long-term fundamentals are weak, with negative profit margins and a high debt-to-equity ratio. Investors should consider the risk-reward trade-off carefully. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.230459 |
| AutoARIMA | 0.235915 |
| AutoETS | 0.235917 |
| AutoTheta | 0.255724 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 15.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.141 |
| Excess Kurtosis | -1.40 |
| Attribute | Value |
|---|---|
| Sector | Energy |
| Ex Dividend Date | 2026-03-01 |
| Last Dividend Date | 2026-03-01 |
| Debt to Equity Ratio | 39.708 |
| Revenue per Share | 12.587 |
| Market Cap | 3,575,979,008 |
| Forward P/E | -44.19 |
| Beta | 0.57 |
| Profit Margins | -1.94% |
| Website | https://www.patenergy.com |
As of April 11, 2026, 1:26 p.m. EDT: Options speculators are showing mixed signals. There is a notable presence of puts with high open interest at strikes below the current price, indicating potential bearish sentiment. However, calls also show some activity, particularly at higher strike prices, suggesting a possibility of upward movement. The overall volatility is low, with IV at 0.0 for several expirations, which may indicate a lack of directional conviction. The presence of ATM anchors suggests some short-term traders are holding positions, but the overall market sentiment is uncertain.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.13% | 5.45% | 4.16% | 3.06% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-03-02 | 0.10 | 1.133787 |
| 2025-12-01 | 0.08 | 1.379067 |
| 2025-09-02 | 0.08 | 1.429991 |
| 2025-06-02 | 0.08 | 1.510480 |
| 2025-03-03 | 0.08 | 1.127522 |
| 2024-12-02 | 0.08 | 1.023677 |
| 2024-09-03 | 0.08 | 0.986165 |
| 2024-06-03 | 0.08 | 0.835063 |
| 2024-02-29 | 0.08 | 0.756108 |
| 2023-11-30 | 0.08 | 0.752252 |
| 2023-09-06 | 0.08 | 0.619769 |
| 2023-05-31 | 0.08 | 0.915502 |
| 2023-03-01 | 0.08 | 0.627175 |
| 2022-11-30 | 0.08 | 0.503632 |
| 2022-08-31 | 0.04 | 0.304758 |
| 2022-06-01 | 0.04 | 0.241038 |
| 2022-03-02 | 0.04 | 0.310604 |
| 2021-12-01 | 0.02 | 0.329661 |
| 2021-09-01 | 0.02 | 0.301491 |
| 2021-06-02 | 0.02 | 0.232586 |
| 2021-03-03 | 0.02 | 0.303348 |
| 2020-12-02 | 0.02 | 0.493919 |
| 2020-09-02 | 0.02 | 0.637867 |
| 2020-06-03 | 0.02 | 0.525638 |
| 2020-03-04 | 0.04 | 0.873381 |
| 2019-12-04 | 0.04 | 0.508064 |
| 2019-09-04 | 0.04 | 0.561017 |
| 2019-06-05 | 0.04 | 0.455909 |
| 2019-03-06 | 0.04 | 0.369034 |
| 2018-12-06 | 0.04 | 0.374465 |
| 2018-09-05 | 0.04 | 0.292514 |
| 2018-06-06 | 0.04 | 0.252404 |
| 2018-03-07 | 0.02 | 0.127131 |
| 2017-12-06 | 0.02 | 0.115263 |
| 2017-09-06 | 0.02 | 0.139162 |
| 2017-06-06 | 0.02 | 0.112664 |
| 2017-03-06 | 0.02 | 0.087746 |
| 2016-12-06 | 0.02 | 0.084983 |
| 2016-09-06 | 0.02 | 0.118199 |
| 2016-06-07 | 0.02 | 0.113254 |
| 2016-03-08 | 0.10 | 0.700471 |
| 2015-12-08 | 0.10 | 0.848174 |
| 2015-09-08 | 0.10 | 0.837831 |
| 2015-06-08 | 0.10 | 0.593608 |
| 2015-03-09 | 0.10 | 0.700613 |
| 2014-12-08 | 0.10 | 0.822140 |
| 2014-09-08 | 0.10 | 0.387987 |
| 2014-06-10 | 0.10 | 0.378332 |
| 2014-03-10 | 0.10 | 0.432279 |
| 2013-12-13 | 0.05 | 0.268294 |
| 2013-09-12 | 0.05 | 0.313322 |
| 2013-06-12 | 0.05 | 0.319086 |
| 2013-03-13 | 0.05 | 0.262119 |
| 2012-12-12 | 0.05 | 0.360005 |
| 2012-09-12 | 0.05 | 0.394343 |
| 2012-06-13 | 0.05 | 0.470020 |
| 2012-03-13 | 0.05 | 0.347634 |
| 2011-12-13 | 0.05 | 0.335463 |
| 2011-09-13 | 0.05 | 0.284166 |
| 2011-06-13 | 0.05 | 0.227914 |
| 2011-03-11 | 0.05 | 0.242949 |
| 2010-12-13 | 0.05 | 0.297214 |
| 2010-09-13 | 0.05 | 0.398639 |
| 2010-06-11 | 0.05 | 0.449753 |
| 2010-03-11 | 0.05 | 0.422754 |
| 2009-12-11 | 0.05 | 0.437215 |
| 2009-09-11 | 0.05 | 0.457641 |
| 2009-06-11 | 0.05 | 0.450543 |
| 2009-03-10 | 0.05 | 0.781029 |
| 2008-12-10 | 0.16 | 1.903342 |
| 2008-09-10 | 0.16 | 0.993584 |
| 2008-06-10 | 0.16 | 0.684911 |
| 2008-03-10 | 0.12 | 0.747705 |
| 2007-12-10 | 0.12 | 0.834095 |
| 2007-09-10 | 0.12 | 0.761008 |
| 2007-06-12 | 0.12 | 0.648056 |
| 2007-03-13 | 0.08 | 0.525035 |
| 2006-12-12 | 0.08 | 0.445657 |
| 2006-09-12 | 0.08 | 0.471211 |
| 2006-06-13 | 0.08 | 0.449038 |
| 2006-03-13 | 0.04 | 0.210053 |
| 2005-11-10 | 0.04 | 0.175260 |
| 2005-08-12 | 0.04 | 0.175357 |
| 2005-05-12 | 0.04 | 0.231996 |
| 2005-02-24 | 0.04 | 0.231505 |
| 2004-11-10 | 0.02 | 0.154035 |
| 2004-08-12 | 0.02 | 0.178981 |
| 2004-05-13 | 0.02 | 0.185088 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.60204077 |
| Address1 | 10,713 West Sam Houston Parkway North |
| Address2 | Suite 800 |
| All Time High | 38.49 |
| All Time Low | 0.75 |
| Ask | 9.45 |
| Ask Size | 42 |
| Audit Risk | 3 |
| Average Analyst Rating | 2.4 - Buy |
| Average Daily Volume10 Day | 11,481,760 |
| Average Daily Volume3 Month | 11,092,603 |
| Average Volume | 11,092,603 |
| Average Volume10Days | 11,481,760 |
| Beta | 0.571 |
| Bid | 9.39 |
| Bid Size | 191 |
| Board Risk | 1 |
| Book Value | 8.485 |
| City | Houston |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 1 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.42 |
| Current Ratio | 1.642 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.81 |
| Day Low | 9.175 |
| Debt To Equity | 39.708 |
| Display Name | Patterson-UTI Energy |
| Dividend Date | 1,773,619,200 |
| Dividend Rate | 0.4 |
| Dividend Yield | 4.25 |
| Earnings Call Timestamp End | 1,776,952,800 |
| Earnings Call Timestamp Start | 1,776,952,800 |
| Earnings Timestamp | 1,776,888,000 |
| Earnings Timestamp End | 1,776,888,000 |
| Earnings Timestamp Start | 1,776,888,000 |
| Ebitda | 900,449,984 |
| Ebitda Margins | 0.18656 |
| Enterprise To Ebitda | 4.935 |
| Enterprise To Revenue | 0.921 |
| Enterprise Value | 4,443,738,624 |
| Eps Current Year | -0.3434 |
| Eps Forward | -0.21315 |
| Eps Trailing Twelve Months | -0.24 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,772,409,600 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.6074 |
| Fifty Day Average Change | -0.18739986 |
| Fifty Day Average Change Percent | -0.019505784 |
| Fifty Two Week Change Percent | 60.20408 |
| Fifty Two Week High | 11.75 |
| Fifty Two Week High Change | -2.33 |
| Fifty Two Week High Change Percent | -0.19829787 |
| Fifty Two Week Low | 5.1 |
| Fifty Two Week Low Change | 4.32 |
| Fifty Two Week Low Change Percent | 0.8470589 |
| Fifty Two Week Range | 5.1 - 11.75 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 752,250,600,000 |
| Five Year Avg Dividend Yield | 2.62 |
| Float Shares | 344,172,221 |
| Forward Eps | -0.21315 |
| Forward P E | -44.19423 |
| Free Cashflow | 409,757,760 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 7,900 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,775,001,600 |
| Gross Margins | 0.24243 |
| Gross Profits | 1,170,121,984 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.0239 |
| Held Percent Institutions | 1.15495 |
| Implied Shares Outstanding | 379,615,632 |
| Industry | Oil & Gas Drilling |
| Industry Disp | Oil & Gas Drilling |
| Industry Key | oil-gas-drilling |
| Ir Website | http://phx.corporate-ir.net/phoenix.zhtml?c=93860&p=irol-IRHome |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Dividend Date | 1,772,409,600 |
| Last Dividend Value | 0.1 |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,088,640,000 |
| Last Split Factor | 2:1 |
| Long Business Summary | Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas. |
| Long Name | Patterson-UTI Energy, Inc. |
| Market | us_market |
| Market Cap | 3,575,979,008 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_337694 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -93,635,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 3,575,979,253 |
| Number Of Analyst Opinions | 14 |
| Open | 9.8 |
| Operating Cashflow | 961,219,008 |
| Operating Margins | -0.024360001 |
| Overall Risk | 1 |
| Payout Ratio | 2.1333 |
| Peg Ratio | 0.73 |
| Phone | 281 765 7100 |
| Post Market Change | -0.029999733 |
| Post Market Change Percent | -0.3184685 |
| Post Market Price | 9.39 |
| Post Market Time | 1,776,470,355 |
| Previous Close | 10.41 |
| Price Eps Current Year | -27.431566 |
| Price Hint | 2 |
| Price To Book | 1.1101946 |
| Price To Sales Trailing12 Months | 0.74088615 |
| Profit Margins | -0.0194 |
| Quick Ratio | 1.383 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | buy |
| Recommendation Mean | 2.4 |
| Region | US |
| Regular Market Change | -0.99 |
| Regular Market Change Percent | -9.51008 |
| Regular Market Day High | 9.81 |
| Regular Market Day Low | 9.175 |
| Regular Market Day Range | 9.175 - 9.81 |
| Regular Market Open | 9.8 |
| Regular Market Previous Close | 10.41 |
| Regular Market Price | 9.42 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 15,488,498 |
| Return On Assets | -0.0043599997 |
| Return On Equity | -0.02777 |
| Revenue Growth | -0.01 |
| Revenue Per Share | 12.587 |
| Sand P52 Week Change | 0.38150132 |
| Sector | Energy |
| Sector Disp | Energy |
| Sector Key | energy |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 379,615,632 |
| Shares Percent Shares Out | 0.0688 |
| Shares Short | 26,124,570 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 41,466,379 |
| Short Name | Patterson-UTI Energy, Inc. |
| Short Percent Of Float | 0.0825 |
| Short Ratio | 2.38 |
| Source Interval | 15 |
| State | TX |
| Symbol | PTEN |
| Target High Price | 13.0 |
| Target Low Price | 7.0 |
| Target Mean Price | 10.35714 |
| Target Median Price | 11.0 |
| Total Cash | 418,507,008 |
| Total Cash Per Share | 1.103 |
| Total Debt | 1,280,470,016 |
| Total Revenue | 4,826,624,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.32 |
| Trailing Annual Dividend Yield | 0.030739672 |
| Trailing Eps | -0.24 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 6.9481 |
| Two Hundred Day Average Change | 2.4719 |
| Two Hundred Day Average Change Percent | 0.35576633 |
| Type Disp | Equity |
| Volume | 15,488,498 |
| Website | https://www.patenergy.com |
| Zip | 77,064 |