# Patterson-UTI Energy share price today (Patterson-UTI Energy, Inc., PTEN)

> Patterson-UTI Energy, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. PTEN · Energy · Oil & Gas Drilling · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/pten

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: $11.75 (+87.4% in a year)
- P/E: 26.9× (higher than 81% of the last 2.1 years)
- Revenue (Jun 2026): $1.2 B (+0.7% on a year ago)
- Profit (Jun 2026): −$19.6 M
- Operating margin: −0.5% (−0.6 points on a year ago)
- ROE: −3%, FY25
- ROIC: 1.0%, against a 7.7% cost of capital: −6.7 points

Biggest thing to watch: the P/E is higher than 81% of its own history, so the multiple has already done part of the work. ## What is the Patterson-UTI Energy share price today? Patterson-UTI Energy, Inc.'s share price was $11.75 at the close on 3 November 2026. It has been rising for 30 weeks. That is 10.7% above its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $13, and at that close it sat 80% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 11 weeks in a row. Over the last 10 years the share price moved −44% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Patterson-UTI Energy pay? Patterson-UTI Energy, Inc. paid $0.36 per share over the last four reported quarters. The most recent declaration was $0.10 for Jun 2026. At today's price of $11.75 that is a yield of 3.06%, based on dividends already paid, not a forecast. ## Which stock lists is Patterson-UTI Energy on? Patterson-UTI Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Patterson-UTI Energy profitable? Patterson-UTI Energy, Inc. posted a net loss of $19.6 M in the Jun 2026 quarter. The full FY25 year was a loss of $93.1 M. That loss is 1.6% of the quarter's revenue. The same quarter a year earlier lost $49.1 M. 7 of the last 12 reported quarters were loss-making. ## How much revenue does Patterson-UTI Energy make, and is it growing? Patterson-UTI Energy, Inc. reported $1.2 B of revenue in the Jun 2026 quarter, +0.7% on the same quarter a year earlier. Over 4 years it has grown 37.3% a year on average. The last full year, FY25, came in at $4.8 B. The last four reported quarters add to $4.7 B. FY25 revenue was $4.8 B, −10.3% on the year before. Recent pace: the last four quarters grew −6.6% on average, against 37.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −6.9%, against −7.4% a year over the last 8 quarters (stabilising). ## How much of every $100 of sales does Patterson-UTI Energy keep? Patterson-UTI Energy, Inc.'s operating margin was −0.5% in the Jun 2026 quarter, 0.6 percentage points lower than the same quarter a year ago. Across 5 years it has been between −29.5% and 10.9%. The latest quarter is within that range. Why the margin moved: operating margin changed −0.6 percentage points on the year while gross margin changed −0.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Patterson-UTI Energy's profit turning into cash? Over the last 2 years, 392% of Patterson-UTI Energy, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $961 M of operating cash against −$93.1 M of profit. After $589 M of spending on assets, $372 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Patterson-UTI Energy's cash go? Patterson-UTI Energy, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $1.9 B on assets over the last 3 years. Averaged over those years that is 13.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $1.9 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Patterson-UTI Energy's P/E ratio, and how does it compare with its own history? Patterson-UTI Energy, Inc.'s P/E is 26.9×, near the high end of its own history: higher than 81% of past readings. Its usual P/E (the middle reading) is 15.0×, over 2.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Patterson-UTI Energy business getting better or worse? Patterson-UTI Energy, Inc.'s business is getting worse. Revenue and profit growth are shrinking: revenue growth is −6.9% in the latest quarter, against +77.9% at its best in 12 quarters, with ROCE steady at -1.6%. This is based on 12 quarters of 3 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Patterson-UTI Energy earn on its capital? Patterson-UTI Energy, Inc. earned a ROE of −3% in FY25. That is up from a low of −41% in FY21. Its return on capital used (ROIC) is 6.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −1.9% net margin and 0.87× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −1.9% net margin × 0.87× asset turnover × 1.73× leverage (assets divided by equity) ≈ −2.9% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 1.0% − 7.7% = −6.7 percentage points. The 7.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 1.0% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at −0.9%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Patterson-UTI Energy have too much debt? Patterson-UTI Energy, Inc. has total debt of $1.3 B against shareholder equity of $3.1 B as of Jun 2026, so its debt is 0.41× its equity. Year by year, that ratio went from 0.55 in FY21 to 0.40 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Patterson-UTI Energy shareholding pattern? 7.2% of Patterson-UTI Energy, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.6 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Patterson-UTI Energy from balance-sheet trouble? For Patterson-UTI Energy, Inc., the Z-score is 1.38. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.38 is inside the danger zone, so the balance sheet is a real risk. ## How does Patterson-UTI Energy rank in its industry? 48.8 out of 100, rank 5 of 10 in Oil & Gas Drilling, with 67% of the evidence available. Patterson-UTI Energy, Inc. scores 48.8 out of 100 against the 10 companies it is compared with in Oil & Gas Drilling, ranking 5. Relative strength against the index is 15.1%, and revenue and profit growth are weak. The four parts add up to the total exactly: 14 + 5.2 + 10.5 + 19.1 = 48.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Patterson-UTI Energy compared with? Patterson-UTI Energy ranks 5 of 10 Oil & Gas Drilling companies on the 4-Factor Sector Score, with 48.8 out of 100. 1. [Seadrill Limited](https://www.sectoralpha.in/us/stocks/sdrl) SDRL · breaking out · Evidence leans up · 77% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 14.5% · Profit -98.7% · Operating margin change 15 points · 71% evidence Capital efficiency 10.3/25 · ROCE 3.8% · Operating margin 16.7% · 76% evidence Valuation 13.5/20 · P/E 2364.9× · PEG 0.1 · 65% evidence Relative strength 14.5/20 · Lead over its industry 9.7% · Lead over S&P 500 3.4% · 1 year 62.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 25.1 + 10.3 + 13.5 + 14.5 = 63.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Transocean Ltd.](https://www.sectoralpha.in/us/stocks/rig) RIG · breaking out · Evidence leans up · 67% evidence 61.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue 8.5% · Profit n/a · Operating margin change 0.7 points · 71% evidence Capital efficiency 14.3/25 · ROCE 6.7% · Operating margin 17.4% · 76% evidence Valuation 10.8/20 · P/E -3.3× · PEG n/a · 15% evidence Relative strength 13.6/20 · Lead over its industry 7.7% · Lead over S&P 500 1% · 1 year 48.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 22.3 + 14.3 + 10.8 + 13.6 = 61 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Valaris Limited](https://www.sectoralpha.in/us/stocks/val) VAL · breaking out · Evidence leans up · 75% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.1/35 · Revenue -13.2% · Profit 100% · Operating margin change -17 points · 95% evidence Capital efficiency 12.1/25 · ROCE 5.6% · Operating margin 9.8% · 76% evidence Valuation 9.8/20 · P/E 5.4× · PEG n/a · 15% evidence Relative strength 17.5/20 · Lead over its industry 14.7% · Lead over S&P 500 6.7% · 1 year 65.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.1 + 12.1 + 9.8 + 17.5 = 51.5 · What this means: Relative strength against the index is 6.7%, and revenue and profit growth are weak. 4. [Precision Drilling Corporation](https://www.sectoralpha.in/us/stocks/pds) PDS · turning · Evidence leans down · 75% evidence 49.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue 3.9% · Profit -131.4% · Operating margin change -5 points · 95% evidence Capital efficiency 9.3/25 · ROCE 5.4% · Operating margin 3.2% · 76% evidence Valuation 11.5/20 · P/E -115.9× · PEG n/a · 15% evidence Relative strength 19.0/20 · Lead over its industry 15.7% · Lead over S&P 500 9.1% · 1 year 66.3% · 100% evidence · 4 of 12 weeks ahead Exact sum: 9.2 + 9.3 + 11.5 + 19 = 49 · What this means: Relative strength against the index is 9.1%, and revenue and profit growth are weak. 5. Patterson-UTI Energy, Inc. this page PTEN · breaking out · Evidence leans down · 67% evidence 48.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.0/35 · Revenue -6.9% · Profit n/a · Operating margin change -0.6 points · 71% evidence Capital efficiency 5.2/25 · ROCE -1.7% · Operating margin -0.5% · 76% evidence Valuation 10.5/20 · P/E -3.1× · PEG n/a · 15% evidence Relative strength 19.1/20 · Lead over its industry 23.4% · Lead over S&P 500 15.1% · 1 year 93.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 14 + 5.2 + 10.5 + 19.1 = 48.8 · What this means: Relative strength against the index is 15.1%, and revenue and profit growth are weak. 6. [Helmerich & Payne, Inc.](https://www.sectoralpha.in/us/stocks/hp) HP · losing its lead · Evidence leans down · 67% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/35 · Revenue 16.6% · Profit n/a · Operating margin change 0 points · 71% evidence Capital efficiency 8.0/25 · ROCE 1.9% · Operating margin 5.1% · 76% evidence Valuation 11.2/20 · P/E -23.5× · PEG n/a · 15% evidence Relative strength 9.0/20 · Lead over its industry 6.6% · Lead over S&P 500 1.2% · 1 year 44.6% · 100% evidence · 11 of 12 weeks ahead Exact sum: 19 + 8 + 11.2 + 9 = 47.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Nabors Industries Ltd.](https://www.sectoralpha.in/us/stocks/nbr) NBR · turning · Evidence leans down · 67% evidence 44.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.8/35 · Revenue 6.1% · Profit n/a · Operating margin change -1.3 points · 71% evidence Capital efficiency 11.7/25 · ROCE 6.6% · Operating margin 7.5% · 76% evidence Valuation 10.2/20 · P/E 3.2× · PEG n/a · 15% evidence Relative strength 5.8/20 · Lead over its industry 5.2% · Lead over S&P 500 -1.5% · 1 year 57.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.8 + 11.7 + 10.2 + 5.8 = 44.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Noble Corporation plc](https://www.sectoralpha.in/us/stocks/ne) NE · breaking out · Evidence leans down · 85% evidence 41.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 6.2/35 · Revenue -12.3% · Profit -51.5% · Operating margin change -6 points · 95% evidence Capital efficiency 13.7/25 · ROCE 5.9% · Operating margin 10.7% · 76% evidence Valuation 9.6/20 · P/E 34.2× · PEG 1.54 · 65% evidence Relative strength 12.0/20 · Lead over its industry 6.8% · Lead over S&P 500 0% · 1 year 50.4% · 100% evidence · 4 of 12 weeks ahead Exact sum: 6.2 + 13.7 + 9.6 + 12 = 41.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Borr Drilling Limited](https://www.sectoralpha.in/us/stocks/borr) BORR · quiet · Most evidence points down · 75% evidence 25.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.0/35 · Revenue 2.5% · Profit -550% · Operating margin change -35.9 points · 95% evidence Capital efficiency 10.2/25 · ROCE 6.1% · Operating margin 0.1% · 76% evidence Valuation 9.5/20 · P/E 10.6× · PEG n/a · 15% evidence Relative strength 1.4/20 · Lead over its industry -24.8% · Lead over S&P 500 -29.5% · 1 year 8.8% · 100% evidence · 2 of 12 weeks ahead Exact sum: 4 + 10.2 + 9.5 + 1.4 = 25.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. Sable Offshore Corp. SOC · quiet · Too little evidence to rank firmly · 45% evidence 32.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue n/a · Profit n/a · Operating margin change n/a · 8% evidence Capital efficiency 3.0/25 · ROCE -30.1% · Operating margin -48.8% · 76% evidence Valuation 9.2/20 · P/E 18.8× · PEG n/a · 15% evidence Relative strength 1.7/20 · Lead over its industry -69.7% · Lead over S&P 500 -72.6% · 1 year -53.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 18.2 + 3 + 9.2 + 1.7 = 32.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Drilling](https://www.sectoralpha.in/us/sectors/oil-gas-drilling), all 10 compared on one page. ## Which companies are close to Patterson-UTI Energy in size? Patterson-UTI Energy is the 4th largest of 9 Oil & Gas Drilling companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Noble Corporation plc, Transocean and Valaris. Just below it: Helmerich & Payne, Inc., Seadrill and Precision Drilling Corporation. ### Oil & Gas Drilling companies close in size

1. [Noble Corporation plc](https://www.sectoralpha.in/us/stocks/ne) $7 billion
2. [Transocean Ltd.](https://www.sectoralpha.in/us/stocks/rig) $6.6 billion
3. [Valaris Limited](https://www.sectoralpha.in/us/stocks/val) $6.2 billion
4. Patterson-UTI Energy, Inc. $4.5 billion
5. [Helmerich & Payne, Inc.](https://www.sectoralpha.in/us/stocks/hp) $3.8 billion
6. [Seadrill Limited](https://www.sectoralpha.in/us/stocks/sdrl) $2.9 billion
7. [Precision Drilling Corporation](https://www.sectoralpha.in/us/stocks/pds) $1.2 billion

[All 9 Oil & Gas Drilling companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-drilling#all-companies)

### Companies close in size in other industries

1. [Robert Half Inc.](https://www.sectoralpha.in/us/stocks/rhi) $4.5 billion · Staffing & Employment Services
2. [Versant Media Group, Inc.](https://www.sectoralpha.in/us/stocks/vsnt) $4.5 billion · Entertainment
3. Patterson-UTI Energy, Inc. $4.5 billion
4. [BRP Inc.](https://www.sectoralpha.in/us/stocks/doo) $4.5 billion · Recreational Vehicles
5. [Silgan Holdings Inc.](https://www.sectoralpha.in/us/stocks/slgn) $4.5 billion · Packaging & Containers

## What else do people ask about Patterson-UTI Energy? ### What were Patterson-UTI Energy's latest quarterly results? Patterson-UTI Energy, Inc. reported revenue of $1.2 B and a net loss of $19.6 M for the Jun 2026 quarter. Earnings per share were −$0.05. The operating margin was −0.5%, 0.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is Patterson-UTI Energy's market cap? Patterson-UTI Energy, Inc.'s market capitalisation is $4.5 B at a stock price of $11.75. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Patterson-UTI Energy performing? Patterson-UTI Energy, Inc.'s share price has been rising for 30 weeks. Over the past 13 weeks it has done better than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Patterson-UTI Energy's stock price go up? This page does not forecast Patterson-UTI Energy, Inc.'s stock price. What it shows instead: the stock price is $11.75, and it has been rising for 30 weeks. Its P/E of 26.9× is higher than 81% of its own last 2 years (as of 3 November 2026). ### Is Patterson-UTI Energy's profit real cash? Yes, over the last 2 years, 392% of Patterson-UTI Energy, Inc.'s reported profit came in as cash from operations. The latest year was lower at -1033%, so the trend is worth watching. In FY25, operating cash was $961 M against reported profit of −$93.1 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Patterson-UTI Energy in its business cycle? Patterson-UTI Energy, Inc.'s FY25 operating margin was −0.8%, against a 5-year range of −29.5% to 10.9%: the middle of its own range, neither a peak nor a low. The latest quarter was −0.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Patterson-UTI Energy story? Biggest thing to watch: the P/E is higher than 81% of its own history, so the multiple has already done part of the work. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Patterson-UTI Energy a stock worth studying right now? What the numbers show: Patterson-UTI Energy, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.