Patterson-UTI Energy, Inc. (PTEN)
Energy · NMS
Price as at 1 Oct 2026, 01:24 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Patterson-UTI Energy, Inc. trades at $10.92, which is 24% above the $8.32 our fair value estimate puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 22 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
PTEN dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $0.300 | 3 |
| 2025 | $0.320 | 4 |
| 2024 | $0.320 | 4 |
| 2023 | $0.320 | 4 |
| 2022 | $0.200 | 4 |
| 2021 | $0.080 | 4 |
| 2020 | $0.100 | 4 |
| 2019 | $0.160 | 4 |
| 2018 | $0.140 | 4 |
| 2017 | $0.080 | 4 |
| 2016 | $0.160 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
PTEN earnings and analyst estimates
Recommendation mix, 15 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PTEN passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
11 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Renaissance Technologies, RENAISSANCE TECHNOLOGIES LLC$73.04M · 0.1% of book
- Ken Fisher, Fisher Asset Management, LLC$28.69M · 0.0% of book
- Cliff Asness, AQR CAPITAL MANAGEMENT LLC$26.88M · 0.0% of book
- Two Sigma, TWO SIGMA INVESTMENTS, LP$23.83M · 0.0% of book
- Ken Griffin, CITADEL ADVISORS LLC$17.90M · 0.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Politician trades in PTEN
We hold 8 disclosed trades in PTEN by members of Congress and executive-branch officials. The latest 5:
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 15 May 2026 · disclosed 1 Jul 2026
- Debbie Wasserman Schultz · HouseBuy · $1,001 - $15,000 · traded 23 Oct 2024 · disclosed 20 Nov 2024
- Donald J Trump · Executive branchSell · $15,001 - $50,000 · traded 29 Jul 2024 · disclosed 22 Sept 2026
- Christopher L. Jacobs · HouseSell · $15,001 - $50,000 · traded 16 Jun 2022 · disclosed 28 Jul 2022
- Debbie Wasserman Schultz · HouseSell · $1,001 - $15,000 · traded 20 May 2022 · disclosed 1 Jun 2022
A disclosure reports a value band, not an amount, and is due up to 45 days after the trade; some arrive later. Every filer we track, each with their own page, is on the Congress trading tracker.
PTEN peers
The largest companies in the same industry (Oil & Gas Drilling), then in the same sector.
- RIG Transocean Ltd.
- BORR Borr Drilling Limited
- NBR Nabors Industries Ltd.
- PDS Precision Drilling Corporation
- SOC Sable Offshore Corp.
- 2222.SR Saudi Aramco
- EQNR.OL Equinor ASA
- XOM ExxonMobil Holdings Corporation
Every energy company we cover is on the Energy hub.
Common questions
Is Patterson-UTI Energy, Inc. (PTEN) undervalued?
Against our fair value estimate of $8.32, PTEN at $10.92 is 24% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own PTEN?
11 of the institutions we track reported a position in PTEN in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
Does Patterson-UTI Energy, Inc. (PTEN) pay a dividend?
Yes. Patterson-UTI Energy, Inc. yields 3.99% at the current share price. It has paid $0.380 per share over the trailing twelve months. It has paid a dividend in each of the last 22 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its PTEN data?
Fundamentals for PTEN come from company filings and exchange data, as listed on NMS; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 01:24 UTC and is delayed. Our data quality score for this company is 88/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PTEN, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.