What is Patterson-UTI Energy's market cap?

Patterson-UTI Energy (PTEN) has a market capitalization of $3.6B and trades on NASDAQ.

What is Patterson-UTI Energy's revenue and profitability?

Patterson-UTI Energy generated $4.7B in trailing twelve-month revenue with a net loss of $119.3M, representing a net margin of -2.6%, with free cash flow of $277.6M. These figures are based on the Q1 2026 filing.

Who are Patterson-UTI Energy's competitors?

Patterson-UTI Energy's key competitors include Liberty Energy, Halliburton, Nabors Industries, and others. These companies compete in similar markets and product categories.

Who does Patterson-UTI Energy partner with?

Patterson-UTI Energy's notable partners include DLS Archer Ltd. S.A., OPEC+.

What subsidiaries does Patterson-UTI Energy have?

Patterson-UTI Energy's subsidiaries include Ulterra, Current Power.

Where is Patterson-UTI Energy headquartered?

Patterson-UTI Energy is headquartered in United States of America and employs approximately 10,600 people. It has been publicly traded since 1993.

Patterson-UTI Energy

PTEN

Patterson-UTI Energy is a leading provider of onshore drilling and completion services to oil and natural gas exploration and production companies.

Market cap

$3.57B+52.0%

Revenue$4.7B-9.4%

Net income-$119.3M+88.3%

Free cash flow$277.6M-31.4%

EPS (diluted)-$0.31+88.2%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

April 22, 2026

Revenue$1.1BBeat by $15.7M EPS-$0.06Beat by $0.04

Read the full report

Next report

Date not yet announced

Financials

Q1 2026

Income statement

See full

Revenue$1.1B-12.7%

Operating income-$14.3M-184%

Net income-$24.6M-2,550%

EPS (diluted)-$0.06—

Balance sheet

See full

Cash & equivalents$337.2M+49.8%

Total debt$1.3B-1.8%

Total equity$3.2B-7.8%

Total assets$5.4B-7.0%

Cash flow

See full

Operating cash flow$63.9M-69.3%

CapEx$116.6M-27.9%

Free cash flow-$52.8M-214%

Valuation & ratios

Valuation

See full

Market cap$3.57B+52.0%

Enterprise value$4.5B+28.3%

P/S0.8×+0.3×

Profitability

See full

Operating margin-1.5%-0.7pp

Net margin-2.6%-1.2pp

FCF margin6%-1.9pp

Returns & leverage

See full

Return on equity-3.6%-1.7pp

Debt / equity0.4×0.0×

Current ratio1.8×+0.2×

Segments

By segment

See full

Drilling Services$351.7M-14.8%

Competitors

By market cap

Halliburton$26.8B+37.8%

Patterson-UTI Energy$3.6B+48.3%

Helmerich & Payne$3.4B+93.2%

Liberty Energy$2.8B+30.1%

Nabors Industries$1.2B+110%

ProFrac Holding Corp.$725.5M-44.3%

Forum Energy Technologies$639.8M+151%

KLX Energy Services Holdings, Inc.$43.7M+27.2%

By revenue growth

Helmerich & Payne+29.7%

Nabors Industries+6.1%

Liberty Energy+2.3%

Halliburton+0.6%

Forum Energy Technologies-0.1%

KLX Energy Services Holdings, Inc.-8.9%

Patterson-UTI Energy-9.4%

ProFrac Holding Corp.-18.9%

By net margin

Nabors Industries7.69%+11.2pp

Halliburton7.16%-1.2pp

Liberty Energy2.92%-2.4pp

Patterson-UTI Energy-2.56%+17.2pp

Helmerich & Payne-9.38%-16.5pp

KLX Energy Services Holdings, Inc.-11.67%-3.1pp

Forum Energy Technologies-14.58%+15.9pp

ProFrac Holding Corp.-24.17%-13.6pp

Profile

Patterson-UTI Energy is a leading provider of onshore drilling and completion services to oil and natural gas exploration and production companies. The company offers a comprehensive suite of high-specification drilling rigs, hydraulic fracturing, and specialized drilling products across major United States basins and select international markets. Its value proposition centers on integrated, technology-driven solutions that improve operational efficiency and wellbore placement accuracy.

Competitive position

A leading North American provider of super-spec drilling rigs and a top-tier player in the PDC drill bit market.

GeographiesUnited States, Colombia, Ecuador, Saudi Arabia, Canada, Argentina, Oman

Customer segmentsUpstream oil and gas companies, Mining operators

Business modelDaywork contracts, Performance-based contracts, Equipment rental, Manufacturing and distribution

SuppliersSteel and raw material suppliers, Diesel and natural gas fuel providers, Proppant and chemical suppliers, Engine and component manufacturers

CustomersMajor integrated oil companies, Independent E&P companies, Mining and geothermal operators

CountryUnited States of America

Listed1993

Employees10.6K

CEOWilliam Andrew Hendricks Jr.

SectorEnergy

IndustryOil & Gas Drilling

Websitepatenergy.com

FilingsSEC EDGAR

Ask your AI about Patterson-UTI Energy.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Patterson-UTI Energy's market cap?: Patterson-UTI Energy (PTEN) has a market capitalization of $3.6B and trades on NASDAQ.
What is Patterson-UTI Energy's revenue and profitability?: Patterson-UTI Energy generated $4.7B in trailing twelve-month revenue with a net loss of $119.3M, representing a net margin of -2.6%, with free cash flow of $277.6M. These figures are based on the Q1 2026 filing.
Who are Patterson-UTI Energy's competitors?: Patterson-UTI Energy's key competitors include Liberty Energy, Halliburton, Nabors Industries, and others. These companies compete in similar markets and product categories.
Who does Patterson-UTI Energy partner with?: Patterson-UTI Energy's notable partners include DLS Archer Ltd. S.A., OPEC+.
What subsidiaries does Patterson-UTI Energy have?: Patterson-UTI Energy's subsidiaries include Ulterra, Current Power.
Where is Patterson-UTI Energy headquartered?: Patterson-UTI Energy is headquartered in United States of America and employs approximately 10,600 people. It has been publicly traded since 1993.