UBS Initiates Patterson-UTI Energy(PTEN.US) With Hold Rating, Announces Target Price $13
UBS has initiated coverage on Patterson-UTI Energy (PTEN.US) with a Hold rating. The firm has set a target price of $13 for the company's stock.
BofA Securities Maintains Patterson-UTI Energy(PTEN.US) With Buy Rating, Maintains Target Price $13
BofA Securities has reiterated its Buy rating for Patterson-UTI Energy (PTEN.US), keeping the target price at $13. This indicates a continued positive outlook from the firm regarding the company's stock performance.
PTEN Maintained by Citigroup -- Price Target Lowered to $12.50
Citigroup has maintained a "Neutral" rating for Patterson-UTI Energy (PTEN) but lowered its price target to $12.50 from $13.50, reflecting a cautious outlook amidst fluctuating market conditions. The company is currently considered 34.7% overvalued based on its GF Value™ of $8.31 versus its current price of $11.20, and its GF Score™ of 58/100 indicates moderate overall performance with strengths in profitability and growth but weaknesses in valuation and momentum. Both institutional investors and insiders show mixed to cautious sentiment, with significant insider selling observed.
UBS resumes Patterson-UTI Energy stock coverage with neutral rating By Investing.com
UBS has resumed coverage of Patterson-UTI Energy (NASDAQ:PTEN) with a neutral rating and a price target of $13.00. The firm projects EBITDA growth for the company, which is a major U.S. onshore drilling provider, from $972 million in fiscal year 2026 to $1,158 million in fiscal year 2028. Despite the positive outlook for activity levels, UBS notes that the stock's significant year-to-date increase of over 80% suggests that the supportive backdrop is largely priced in.
UBS resumes Patterson-UTI Energy stock coverage with neutral rating By Investing.com
UBS has resumed coverage of Patterson-UTI Energy (NASDAQ:PTEN) with a neutral rating and a price target of $13.00. Despite the stock trading below its Fair Value of $13.29 according to InvestingPro data, UBS believes the supportive market backdrop is largely priced in after an 80% year-to-date increase. The firm projects strong EBITDA growth for Patterson-UTI Energy, exceeding the Street consensus for fiscal year 2028.
US703481AD3 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the Patterson-UTI Energy, Inc. 7.15% 01-OCT-2033 bond (US703481AD3). It covers key facts about the issuer, issue date, maturity, face value, and the company's business segments. The profile also includes information on the bond's coupon payments, redemption details, and outstanding amount.
Patterson-UTI Energy Inc (PTEN) Shares Surge 3.5% -- What GF Score of 64 Tells Investors
Patterson-UTI Energy Inc (PTEN) shares recently surged by 3.5%, but the company's GF Score of 64/100 suggests it is above average in financial health. Despite the recent stock increase, PTEN is considered significantly overvalued by 31.6% according to its GF Value, trading at $10.92 against an estimated intrinsic value of $8.30. This overvaluation, combined with the company being unprofitable, cash-flow-negative, and experiencing significant insider selling, raises cautionary flags for investors.
Basic earnings per share (basic EPS) of Patterson-UTI Energy, Inc. – HAN:PE1
This article provides basic earnings per share (EPS) information for Patterson-UTI Energy, Inc. (HAN:PE1) from the Hannover Stock Exchange. The content is primarily a data placeholder, indicating the period, value, and percentage change for the company's basic EPS.
Behavioral Patterns of PTEN and Institutional Flows
This article analyzes the behavioral patterns and institutional flows for Patterson-uti Energy Inc. (NASDAQ: PTEN), identifying weak near and mid-term sentiment but a strong long-term outlook. It provides AI-generated trading strategies including position trading, momentum breakout, and risk hedging, along with multi-timeframe signal analysis indicating support and resistance levels. The report emphasizes elevated downside risk due to the absence of additional long-term support signals.
Patterson-UTI Energy, Inc. (PTEN) stock price, news, quote and history
Patterson-UTI Energy, Inc. (PTEN) is an oil and gas drilling company with operations in various segments including drilling services, completion services, and drilling products. The company's stock is currently trading at $10.99, up 0.59%, with a 1-year target estimate of $14.07. Recent performance shows PTEN outperforming the S&P 500 year-to-date and over the last year, while analysts maintain a "Neutral" rating with a raised price target.
PTEN4910521 Bond Profile: Coupon and Redemption
This article provides a detailed profile of the PTEN4910521 bond issued by Patterson-UTI Energy, Inc. It covers key facts such as the issuer's details, issue and maturity dates, face value, and the company's operational segments. The profile also includes information on the bond's fixed 5.15% semi-annual coupon, upcoming payout schedule, and redemption details.
Patterson-UTI Energy stock falls 2.21 percent as oil services weaken
Patterson-UTI Energy (PTEN) stock fell 2.21% on September 22, 2026, closing at USD 11.17 on Nasdaq, driven by broader weakness in energy stocks and oilfield service providers as WTI crude oil prices declined. The company's market value stood at USD 4.59 billion, with the stock trading above its 52-week low but below its 52-week high, indicating its sensitivity to oil price fluctuations.
Patterson-UTI (PTEN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
Patterson-UTI (PTEN) is expected to surpass its Q2 earnings estimates, with a projected year-over-year increase in earnings despite lower revenues. The company's Zacks Earnings ESP of +12.50% combined with a Zacks Rank of #2 indicates a high likelihood of an earnings beat, building on its history of exceeding EPS estimates in three of the last four quarters. Investors are advised to consider these factors, along with other market dynamics, ahead of the earnings release.
Patterson-UTI Energy CEO sells $2.98m in common stock
The CEO of Patterson-UTI Energy Inc. (NASDAQ:PTEN), William Andrew Hendricks Jr., sold 250,000 shares of common stock for approximately $2.98 million on September 18, 2026. This transaction was executed under a Rule 10b5-1 trading plan. The sale follows a significant 123% return in the company's shares over the past year, with the stock still considered undervalued by InvestingPro analysis and offering a 3.4% dividend yield.
Patterson-UTI Energy Insiders Sold US$24m Of Shares Suggesting Hesitancy
Patterson-UTI Energy (NASDAQ:PTEN) insiders have sold a significant US$24m worth of shares over the past year, indicating potential hesitancy about the company's future prospects. Despite the sales, the company's market cap has increased, but the sales activity is high compared to its market cap, suggesting that insiders might believe the stock is fully valued. Investors might want to consider this insider selling activity when evaluating PTEN.
Patterson-UTI CEO plans sale of 250,000 shares | PTEN SEC Filing - Form 144
Patterson-UTI Energy, Inc. (PTEN) President and CEO, William A. Hendricks, intends to sell 250,000 shares of common stock on or about September 18, 2026, through J.P. Morgan Securities LLC. The aggregate market value of these shares is approximately $3,007,500, with 381,384,874 common shares outstanding as of the sale date. This Rule 144 filing also notes a previous sale of 250,000 common shares by Hendricks on September 2, 2026, for about $3,231,275.
Patterson-UTI Energy stock holds steady as investors watch recent drilling results
Patterson-UTI Energy (PTEN) stock is maintaining its position as investors assess its recent drilling and pressure pumping performance. The company's operational metrics, including rig utilization and revenue generation, are key factors, alongside management's guidance and the broader oilfield services environment. Analysts focus on its sensitivity to North American drilling cycles and commodity prices, with potential risks including spending downturns and cost inflation.
Alphabet, Exelon, and Patterson-UTI Just Paid Shareholders. Here’s What They Got.
Alphabet, Exelon, and Patterson-UTI recently paid dividends to their shareholders, totaling $0.74 per share across two September trading days. Each company operates in a different sector and has distinct dividend policies, reflecting their unique business strategies and financial health. This coincident payout illustrates how a diversified income portfolio delivers returns through various underlying business fundamentals.
Patterson-UTI Energy stock hits 52-week high at $13.39 By Investing.com
Patterson-UTI Energy (PTEN) stock has reached a new 52-week high of $13.39, reflecting a 147% increase over the past year and ~118% year-to-date gain, driven by the energy sector's recovery and demand for drilling services. Despite this, InvestingPro analysis suggests the stock remains undervalued. The company recently reported strong Q2 revenue of $1.23 billion, exceeding expectations, with analysts maintaining positive ratings and price targets.
Patterson-UTI Energy stock hits 52-week high at $13.39
Patterson-UTI Energy Inc. (PTEN) stock reached a 52-week high of $13.39, reflecting a 147% increase over the past year and a year-to-date gain of ~118%. This growth is attributed to the energy sector's recovery and increased demand for drilling services. Despite a recent adjusted earnings loss, analysts maintain positive ratings, citing strong activity levels and pricing improvements.
Patterson-UTI Energy stock hits 52-week high at $13.39 By Investing.com
Patterson-UTI Energy (PTEN) stock has reached a 52-week high of $13.39, reflecting a 147% increase over the past year and ~118% year-to-date gain. This growth is attributed to the energy sector's recovery and increased demand for drilling services. Despite reporting an adjusted earnings loss, the company's revenue rose 10% to $1.23 billion in Q2, surpassing Wall Street expectations, with analysts maintaining an "Overweight" rating.
Patterson-UTI Energy stock hits 52-week high at $13.39 By Investing.com
Patterson-UTI Energy Inc. (PTEN) stock hit a 52-week high of $13.39, reflecting a 147% increase over the past year and a 118% year-to-date gain, driven by the energy sector's recovery and demand for drilling services. Despite an adjusted earnings loss, the company reported a strong 10% Q2 revenue increase, surpassing Wall Street expectations. Analyst firms like Piper Sandler and Barclays maintain positive outlooks, reiterating favorable ratings and price targets.
Wexler Seth David Disposes of 120,000 Patterson UTI Energy Shares at $12.75 Each
Wexler Seth David, EVP, General Counsel & Secretary at Patterson UTI Energy Inc., sold 120,000 shares of the company's stock at $12.75 per share on September 1, 2026. This transaction reduced his total holdings to 404,582 shares. The sale was reported under SEC transaction code S, providing transparency into his updated ownership stake.
Patterson-UTI Energy director Robert Drummond sells $2.57m stock By Investing.com
Robert Drummond, a director at Patterson-UTI Energy Inc. (NASDAQ:PTEN), sold 200,000 shares of company stock for approximately $2.57 million in early September 2026. The sale occurred as PTEN shares traded near their 52-week high after a significant year-to-date return. Despite the sale, Drummond still beneficially owns 928,773 shares, and InvestingPro analysis suggests the stock remains undervalued.
Patterson-UTI Energy stock hits 52-week high at 13.08 USD
Patterson-UTI Energy (PTEN) stock has reached a new 52-week high of $13.08, reflecting a 133% increase over the past year and significant recent momentum. InvestingPro analysis suggests the stock is undervalued, with analysts revising earnings upwards and the company maintaining dividend payments for 23 consecutive years. Despite a Q2 revenue increase, the company met adjusted earnings forecasts and provided a positive outlook for the North American drilling and completion services market.
Patterson-UTI Energy director Robert Drummond sells $2.57m stock
Patterson-UTI Energy director Robert Drummond recently sold 200,000 shares of the company's common stock for approximately $2.57 million. The sales occurred on September 1 and 2, 2026, with the stock trading near its 52-week high after a significant year-to-date return. Following these transactions, Drummond still beneficially owns 928,773 shares of PTEN.
Patterson-UTI Energy stock hits 52-week high at 13.08 USD
Patterson-UTI Energy Inc. (PTEN) stock has reached a 52-week high of $13.08, reflecting a 133% increase over the past year and significant momentum in recent months. The company's strong performance in the energy sector is supported by upward earnings revisions from analysts, a 3.13% dividend yield maintained for 23 consecutive years, and a 10% revenue increase in the second quarter. Piper Sandler reiterated an Overweight rating, indicating continued positive outlook for the company.
Patterson-UTI Energy stock hits 52-week high at 13.08 USD
Patterson-UTI Energy (PTEN) stock reached a 52-week high of $13.08, reflecting a 133% increase over the past year and significant recent momentum. InvestingPro analysis suggests the stock is undervalued, with analysts revising earnings upwards and the company maintaining dividend payments for 23 consecutive years. This comes after a 10% increase in Q2 revenue and a positive outlook for the North American drilling and completion services market.
(PTEN) Movement as an Input in Quant Signal Sets
This article analyzes Patterson-uti Energy Inc. (NASDAQ: PTEN) using quantitative signals. It highlights weak near-term sentiment but strong mid and long-term outlooks, identifying an exceptional 62.7:1 risk-reward setup targeting a 15.7% gain. The piece outlines three distinct AI-generated trading strategies—Position, Momentum Breakout, and Risk Hedging—with specific entry, target, and stop-loss levels, alongside a multi-timeframe signal analysis.
Is PattersonUTI Energy (PTEN) a Great Value Stock Right Now?
PattersonUTI Energy (PTEN) has been identified as a strong value stock due to its favorable Zacks Rank #2 (Buy) and a Value grade of A. Key valuation metrics like its P/B ratio of 0.62 and P/S ratio of 0.97 are significantly lower than its industry averages, suggesting the stock may be undervalued. This assessment, combined with a positive earnings outlook, makes PTEN an attractive option for value investors.
Patterson-UTI Energy (NASDAQ: PTEN) holder plans 207,000-share sale
Patterson-UTI Energy (NASDAQ: PTEN) is subject to a Rule 144 notice for a proposed resale of 207,000 common shares by James Stewart, acting as Manager of JCS Partners LP. The sale, valued at $2,400,000, will be conducted through UBS Financial Services Inc. on NASDAQ. These shares were originally acquired during the October 31, 2019, merger with NexTier.
Patterson-UTI Energy Inc (PTEN) Shares Fall 3.8% -- What GF Scor
Patterson-UTI Energy Inc (PTEN) shares fell 3.8% to $11.86, trading 45.0% overvalued according to its GF Value™ of $8.18. The company has a GF Score™ of 60/100, indicating an "Above Average" financial health despite being unprofitable and cash-flow negative. Insider activity shows $21.2 million in sales over the past year with no purchases, while guru investors show mixed sentiment.
Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 3% Dividend Yields
The article highlights three energy stocks—Patterson-UTI Energy (PTEN), Chevron Corp (CVX), and Chord Energy Corp (CHRD)—that offer dividend yields over 3%. It provides recent analyst ratings and price target adjustments from highly accurate Wall Street analysts for each stock, along with brief updates on their latest quarterly earnings. The piece suggests that dividend-yielding stocks are attractive during market turbulence due to their high free cash flows and consistent shareholder rewards.
Piper Sandler reiterates Patterson-UTI Energy stock rating at overweight By Investing.com
Piper Sandler has reiterated an Overweight rating and a $14.00 price target for Patterson-UTI Energy (NASDAQ:PTEN), citing the company's strong position to benefit from improving US Land fundamentals and expected pricing power in services. The firm highlighted discussions with the company's CEO regarding the US Land activity inflection, positive outlook on frac price recovery, and focus on free cash flow generation. Patterson-UTI Energy has seen significant stock performance, gaining 20% in the past month and 104% year-to-date, with InvestingPro suggesting it remains undervalued.
BofA Securities Maintains Patterson-UTI Energy(PTEN.US) With Buy Rating, Raises Target Price to $13
BofA Securities has maintained its Buy rating on Patterson-UTI Energy (PTEN.US) and increased its price target to $13. This indicates a positive outlook from the firm regarding the company's stock performance.
Nabors Surges 155% in a Year: Here's How to Play the Stock
Nabors Industries Ltd. (NBR) has seen a significant 155.3% surge in its stock over the past year, outperforming competitors and the broader oil and energy sector. The company's strong Q2 2026 execution, raised EBITDA outlook, and dominant position in the Saudi Arabian drilling market through its SANAD joint venture are key drivers. However, challenges such as weak free cash flow, heavy capital spending, geopolitical risks in the Middle East, and disciplined U.S. customer spending temper its immediate growth prospects, leading to a Zacks Rank #3 (Hold) recommendation.
Morgan Stanley Adjusts PT on Patterson-UTI Energy to $12 From $11, Keeps Equalweight Rating
Morgan Stanley has increased its price target for Patterson-UTI Energy (PTEN) to $12 from $11, while maintaining an Equalweight rating on the stock. This adjustment comes amidst other recent analyst activity, including upgrades from JPMorgan and Piper Sandler, and follows the company's Q2 2026 earnings report and increased drilling activity. The article highlights recent news and financial details for Patterson-UTI Energy, a provider of drilling and completion services in the oil and natural gas sector.
Patterson-UTI Energy (PTEN) After The ESOP Filing As Fair Value Still Sits Higher
Patterson-UTI Energy (PTEN) is under renewed focus following a shelf registration for up to 28,900,000 common shares related to its Employee Stock Ownership Plan, occurring after significant stock performance. The company's fair value is estimated at $13.21, slightly above its current price, driven by anticipated increased natural gas demand and technological advancements. However, challenges like softer drilling activity and high capital needs present ongoing risks, urging investors to evaluate both potential rewards and warning signs.
Patterson-UTI reports 98 average US drilling rigs operating in July 2026
Patterson-UTI reported an average of 98 drilling rigs operating in the US in July 2026. This news brief was generated by Public Technologies (PUBT) using AI and is based on original content from Patterson-UTI Energy Inc. The content is for informational purposes only and not investment advice.
Patterson-UTI Energy Inc (PTEN) Shares Surge 4.3% -- What GF Score of 63 Tells Investors
Patterson-UTI Energy Inc (PTEN) shares surged 4.3% to $11.37, marking significant year-to-date and annual gains despite the stock being considered 40.0% overvalued according to GuruFocus's GF Value estimate of $8.12. The company, currently unprofitable and cash-flow-negative, has a GF Score of 63/100, indicating above-average potential but weaknesses in momentum and moderate financial strength. Insider selling of $4.2 million with no buying activity suggests a lack of confidence and further validates the overvaluation concerns among institutional investors.
Patterson-UTI had 98 U.S. drilling rigs earning revenue in July
Patterson-UTI Energy reported that it had an average of 98 drilling rigs operating in the United States in July 2026, earning revenue under drilling contracts. The company plans to continue providing monthly updates on its U.S. drilling rig activity. PTEN cautioned that the number of operating rigs alone does not fully indicate financial performance, as other factors also play a significant role.
PTEN4666386 Bond Coupon Profile — Rate & Payments
This article provides a coupon profile for the Patterson-UTI Energy, Inc. bond with CUSIP PTEN4666386. It details the bond's interest rate of 3.95% and states that the next payment is scheduled for February 1, 2027. The article also indicates that further in-depth coupon data, including historical payments and full payout schedules, is available.
Oil Above $80: 2 Energy Stocks You Don't Want to Miss
Amid renewed Middle East tensions driving oil prices above $80 per barrel, this article highlights two energy stocks, Patterson-UTI (PTEN) and Cactus, Inc. (WHD), as promising investment opportunities. Both companies are expected to benefit from increased exploration and production activities in the oil and gas sector due to the supportive commodity price environment. Patterson-UTI is poised to gain from robust demand for its drilling and completion services, while Cactus, a manufacturer of pressure-control technologies, will capitalize on the favorable pricing environment for onshore oil and gas wells.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Given Consensus Rating of "Moderate Buy" by Analysts
Analysts have given Patterson-UTI Energy, Inc. (NASDAQ:PTEN) a consensus rating of "Moderate Buy," with an average 12-month price target of $12.95, significantly higher than its recent trading price of $10.90. Despite this positive outlook, company insiders, including the COO and CEO, have recently sold a substantial number of shares. The company continues to offer a quarterly dividend of $0.10 per share, resulting in an annual yield of 3.7%.
Patterson-UTI Energy (PTEN) Narrowed Its Quarterly Loss, Is It Still Below Fair Value?
Patterson-UTI Energy (PTEN) recently reported a narrowed net loss of US$19.6 million on sales of US$1,227.97 million for Q2 2026, following strong short-term share price performance. The stock is currently deemed 20.7% undervalued at $13.21 per share compared to its last close of $10.48, based on assumptions of rising margins and accelerated earnings driven by technological adoption and strategic integrations. However, potential headwinds include softer drilling activity and high capital spending.
Patterson-UTI Energy Jumps 8.8% Amid Sector-Wide Rally
Patterson-UTI Energy (NASDAQ:PTEN) surged 8.8% on Monday, August 10, 2026, as part of a broad rally across oil and gas drilling stocks. This sector-wide movement, indicated by significant gains in peer companies, suggests renewed investor interest in energy services. The rally was supported by improving Wall Street sentiment, with one analyst target raise for PTEN in the past week and elevated trading volume.
Patterson UTI Energy (PTEN) Could Be 25% Undervalued Following ESOP Shelf Filing
Patterson-UTI Energy (PTEN) recently filed an ESOP shelf registration for up to US$296.8m of common stock after reporting another net loss. Despite a significant share price increase over the past year, the stock has seen a recent dip, leading investors to re-evaluate its valuation. Analysts suggest PTEN is 25.3% undervalued with a fair value of $13.21, driven by anticipated increased natural gas demand and technological advancements, though concerns about drilling activity and technology spending remain.
Patterson-UTI Energy (NASDAQ:PTEN) Trading Up 9.3% - Time to Buy?
Patterson-UTI Energy (NASDAQ:PTEN) saw its stock price jump by 9.3% to $10.78, though trading volume was significantly below average. The company holds a "Moderate Buy" consensus rating from analysts with an average price target of $12.95 and recently declared a quarterly dividend of $0.10 per share. However, insider selling totaled over 363,000 shares in the last 90 days, despite institutional ownership accounting for 97.91% of the stock.
Patterson-UTI Energy Jumps 8.8% Amid Sector-Wide Rally
Patterson-UTI Energy (NASDAQ:PTEN) saw an 8.8% surge in its stock price, reaching $10.73, as it participated in a broad rally across the oil and gas drilling sector. This significant gain, accompanied by high trading volume, reflects renewed investor interest in energy services and coordinated upward movement among peer companies. The rally is supported by improving Wall Street sentiment, with the company receiving an analyst target raise recently.
Patterson-UTI Energy (PTEN) Is Down 5.8% After ESOP Share Shelf And Narrower Q2 Loss - What's Changed
Patterson-UTI Energy (PTEN) recently filed a US$296.803 million shelf registration for 28,900,000 common shares related to an ESOP offering and reported a narrower Q2 2026 net loss of US$19.6 million on sales of US$1,227.97 million. Despite the immediate stock dip, improved analyst sentiment and reduced losses suggest investors are focusing on operational progress. The company's future hinges on the stabilization of drilling activity and its ability to achieve sustainable profitability amid industry volatility, with forecasts projecting $5.1 billion revenue and $252.2 million earnings by 2029.
