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Patterson-UTI Energy Inc(PTEN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PTEN
09/25/2026: PTEN (3-star) is a SELL. SELL for 4 days. Simulated Profits (-1.24%). Updated daily EoD!
Patterson-UTI Energy is a major U.S.-based land drilling and completion service provider catering primarily to shale oil and gas operators. The company has a leading position in the industry, benefiting from a modern, technologically advanced rig fleet and increased scale following major mergers. Its core investment story revolves around its operational efficiency and the potential for margin expansion through proprietary drilling technologies. However, the stock faces significant risks from volatile commodity prices, intense competition, and the long-term energy transition. It is best suited for investors comfortable with the cyclical nature of energy services who prioritize thematic exposure to North American oil and gas activity.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth is largely cyclical and tied to energy prices rather than secular expansion. |
| Momentum investor | Strong fit while signal remains positive | The stock often trends strongly with the underlying crude oil market cycle. |
| Value investor | Strong fit | The stock often trades at valuation multiples that reflect the cyclical nature of the energy services industry. |
| Dividend investor | Mixed fit | Dividends are available but can be subject to management discretion during industry downturns. |
| Low-risk investor | Weak fit | The high volatility of the energy sector makes this an unsuitable pick for conservative investors. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The business is directly tied to the price of oil and natural gas. |
| Valuation risk | Medium | Cyclical peaks can lead to overvaluation by market participants. |
| Competition risk (Oilfield services) | High | The industry is prone to price wars when drilling activity softens. |
| Business quality | Medium | While operations are efficient, the business model is inherently capital-intensive and cyclical. |
| Dividend income | Medium | Payouts can be inconsistent depending on the commodity price environment. |
| Execution risk | Medium | Successful integration of large-scale acquisitions is critical for sustained performance. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Moderately Choppy
The stock has experienced noticeable price swings while retaining some directional structure.
Analysis of Past Performance
Type Stock | Historic Profit 15.18% | Avg. Invested days 34 | Today’s Advisory SELL |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.14B USD | Price to earnings Ratio - | 1Y Target Price 14.07 |
Price to earnings Ratio - | 1Y Target Price 14.07 | ||
Volume (30-day avg) 8.1M shares | Beta 0.67 | 52 Weeks Range 4.89 - 13.39 | Updated Date 09/27/2026 |
52 Weeks Range 4.89 - 13.39 | Updated Date 09/27/2026 | ||
Dividends yield (FY) 3.22% | Basic EPS (TTM) -0.24 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Contract Drilling | Day-rate revenue for operating super-spec land drilling rigs. | The company gets paid daily to drill wells for oil and gas producers. |
| Completion Services | Pressure pumping and stimulation services for well completion. | Revenue is generated by performing the technical work needed to finish a well. |
| Geography (U.S. Onshore) | Operations across major U.S. shale plays like the Permian Basin. | Nearly all revenue is derived from the U.S. shale oil and gas sector. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 35.71 | Enterprise Value 5.31B | Price to Sales(TTM) 0.89 |
Enterprise Value 5.31B | Price to Sales(TTM) 0.89 | ||
Enterprise Value to Revenue 1.14 | Enterprise Value to EBITDA 6.08 | Shares Outstanding 379.62M | Shares Floating 374.55M |
Shares Outstanding 379.62M | Shares Floating 374.55M | ||
Percent Insiders 1.92 | Percent Institutions 116.96 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Patterson-UTI Energy Inc
Exchange NASDAQ | Headquarters Houston, TX, United States | ||
IPO Launch date 1993-11-02 | President, CEO & Director Mr. William Andrew Hendricks Jr. | ||
Sector Energy | Industry Oil & Gas Drilling | Full time employees 7900 | Website https://www.patenergy.com |
Full time employees 7900 | Website https://www.patenergy.com | ||
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.
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