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Patterson-UTI Energy PTEN Business Segments

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Revenue by Business
Completion Services$679.59M-3.1%$701.56M-0.5%$705.28M-2.0%$719.33M-6.1%$766.08M+17.7%
Drilling Products$79.8M-4.7%$83.77M-2.5%$85.88M-2.8%$88.39M+3.2%$85.66M-1.0%
Drilling Services$351.72M-2.5%$360.78M-5.1%$380.2M-5.8%$403.81M-2.2%$412.86M+1.1%
Other$6.23M+32.5%$4.7M+2.2%$4.6M-41.0%$7.79M-51.1%$15.93M-2.7%
Revenue from Contract with Customer, Excluding Assessed Tax by Business
Completion Services$679.59M-3.1%$701.56M-0.5%$705.28M-2.0%$719.33M-6.1%$766.08M+17.7%
Drilling Products$79.8M$85.88M-2.8%$88.39M+3.2%$85.66M-1.0%
Operating costs and expenses by Business
Completion Services$581.49M-1.6%$590.66M-0.6%$594.12M-4.0%$619.08M-5.9%$657.68M+18.4%
Drilling Products$46.92M-5.4%$49.59M-1.3%$50.27M+1.9%$49.34M+5.1%$46.94M-4.6%
Drilling Services$217.86M-4.6%$228.43M-7.3%$246.41M-3.3%$254.77M+2.9%$247.63M+0.9%
Other$2.88M-10.4%$3.22M+5.8%$3.04M-50.7%$6.17M-32.6%$9.16M-3.2%
Total Assets by Business
Completion Services$2.2B-6.2%$2.34B-1.3%$2.37B0.0%$2.37B-3.8%$2.47B-0.1%
Drilling Products$1.01B-0.6%$1.02B+11.4%$914.2M-2.6%$938.68M+0.9%$930.29M-3.7%
Drilling Services$1.82B-2.5%$1.87B-2.4%$1.91B-1.7%$1.94B-2.9%$2B-2.3%
Total capital expenditures by Business
Completion Services$45.1M-23.6%$59.07M-27.3%$81.3M+17.9%$68.99M+11.0%$62.17M+1.1%
Drilling Products$15.84M+8.4%$14.62M+9.6%$13.33M-12.6%$15.25M-16.3%$18.22M+15.1%
Drilling Services$54.42M-11.1%$61.19M+31.1%$46.69M-15.4%$55.17M-24.9%$73.46M+35.2%
Goodwill by Business
Completion Services$36.89M0.0%$36.89M
Drilling Products$450.5M0.0%$450.5M

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Questions, answered.

How does Patterson-UTI Energy break its business down?
Patterson-UTI Energy (PTEN) reports revenue by business across 4 parts — Completion Services, Drilling Products, Drilling Services and Other. Each is extracted from the segment footnotes and tracked over time.
Where does Patterson-UTI Energy's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Patterson-UTI Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.