Patterson-UTI Energy Inc (PTEN)

Energy ยท Drilling Oil & Gas Wells

Patterson-UTI Energy Inc (PTEN) is listed on Nasdaq, where its shares have traded since November 2, 1993. SentiSense covers Patterson-UTI Energy Inc in the Energy sector, and its Standard Industrial Classification is Drilling Oil & Gas Wells. Andy Hendricks is its chief executive officer. The company reports 7,900 employees, and its corporate website is www.patenergy.com.

About Patterson-UTI Energy Inc

Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.

Latest reported results

Patterson-UTI Energy, Inc. reported revenue of $1.34 billion for Q3 FY2026, up 14.1% from the same period a year earlier.

Institutional ownership

In 13F filings for the quarter ended June 30, 2026, 426 institutions reported holding PTEN, with 428.0 million shares worth $3.9 billion in aggregate. The largest reported holders were BlackRock, Vanguard and Dimensional Fund Advisors.

More on PTEN

  • PTEN sentiment: whether news and social coverage of Patterson-UTI Energy Inc leans bullish or bearish, and the stories driving it.
  • PTEN ownership: all 426 reporting institutions, plus insider and congressional trades.
  • PTEN financials: revenue, net income, operating margin and free cash flow through Q3 FY2026.

Frequently asked questions

What does Patterson-UTI Energy Inc do?

Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions.

What sector is PTEN in?

SentiSense classifies Patterson-UTI Energy Inc in the Energy sector, and its Standard Industrial Classification is Drilling Oil & Gas Wells.

Where does PTEN stock trade?

Patterson-UTI Energy Inc (PTEN) is listed on Nasdaq, where its shares have traded since November 2, 1993.

Who is the CEO of Patterson-UTI Energy Inc?

Andy Hendricks is the chief executive officer of Patterson-UTI Energy Inc.