PTEN · Patterson-UTI Energy, Inc.
$10.20
-2.55% last session
End-of-day data · updated 2026-07-28
Market cap
$4B
Enterprise value
$5B
Trailing P/E
—
Forward P/E
55.8
Dividend yield
4.0%
Beta
0.63
Avg volume
9M
Employees
8K
2D change
—
5D change
-8.99%
10D change
-6.09%
30D change
-1.88%
60D change
-15.30%
MTD change
9.80%
YTD change
57.24%
Analyst Outlook
Analyst estimates change daily — follow the shifts on the Estimate Trends page.
Technical Analysis
Analyst sentiment over time — PTEN
Rec Mean (blue, left — higher = more bullish) vs. price targets (right).
Investment Bank Ratings as of 2026-07-14
Latest call per bank · past 12 months
Citigroup
Neutral$10.50
+2.9% vs priceGoldman Sachs
Buy$13.00
+27.5% vs priceRBC Capital
Outperform$15.00
+47.1% vs priceBarclays
Overweight$15.00
+47.1% vs priceMorgan Stanley
Equal-Weight$10.00
-2.0% vs priceJP Morgan
Underweight$6.00
-41.2% vs priceRecent rating actions
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-14 | Piper Sandler | Upgrade | Neutral → Overweight | $13.00 |
| 2026-07-08 | Susquehanna | Maintains | Positive | $14.00 → $12.00 |
| 2026-06-29 | Citigroup | Maintains | Neutral | $11.00 → $10.50 |
| 2026-06-16 | Stifel | Maintains | Buy | $14.00 → $15.00 |
| 2026-06-04 | Goldman Sachs | Maintains | Buy | $11.00 → $13.00 |
| 2026-05-29 | RBC Capital | Maintains | Outperform | $14.00 → $15.00 |
| 2026-05-27 | Piper Sandler | Maintains | Neutral | $12.00 → $13.00 |
| 2026-05-27 | Susquehanna | Maintains | Positive | $13.00 → $14.00 |
Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.
Signal Summary as of 2026-07-28
- RSI (14): RSI is 40 — neutral momentum, neither overbought nor oversold.
- Price vs 50-day MA: Trading 13.7% below the 50-day MA ($10.63).
- Price vs 200-day MA: Trading 6.8% above the 200-day MA ($8.59).
- MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
- MACD (12,26,9): MACD histogram is positive (+0.06) — short-term momentum is improving.
- 52-week range: Price sits between the 52-week low ($5.00) and high ($12.74).
PTEN Price Chart
Loading chart for PTEN…
Fundamentals
About Patterson-UTI Energy, Inc.
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.
More in Oil & Gas Drilling
Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.