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Companies / Energy / Patterson-UTI Energy, Inc.
PTEN

Patterson-UTI Energy, Inc.

EnergyOilfield Services
Ticker PTENHOUSTON, TXFiscal year ends DecemberBook value per share $8.16Diluted shares 379.9M

Patterson-UTI Energy, Inc. (Nasdaq: PTEN) operates as a leading provider of drilling and completion services to oil and natural gas exploration and production companies throughout the United States and select international markets. The company maintains its headquarters in Houston, Texas and operates through three… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.83BFY2025
−10.3% year over year
Last 12 mo $4.67B
-0.85%FY2025
+15.7 percentage points
Last 12 mo -1.06%
$-93.05MFY2025
+90.4% year over year
Last 12 mo $-89.40M
-2.91%FY2025
−0.3 percentage points
Last 12 mo -2.89%
Cash & financing
$961.22MFY2025
−18.2% year over year
Last 12 mo $733.27M
$372.19MFY2025
−25.1% year over year
Last 12 mo $177.73M
0.38FY2025
Was 0.36× a year earlier
Last 12 mo 0.40
383.5MFY2025
−3.5% year over year
Last 12 mo 379.9M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Patterson-UTI Energy, Inc. does

In the company’s own words

Patterson-UTI Energy, Inc. (Nasdaq: PTEN) operates as a leading provider of drilling and completion services to oil and natural gas exploration and production companies throughout the United States and select international markets. The company maintains its headquarters in Houston, Texas and operates through three primary reportable segments: drilling services, completion services, and drilling products. Additional information about the company is available at www.patenergy.com.

The drilling services segment operates a fleet of 152 marketed land-based electric drilling rigs positioned across major U.S. basins including West Texas, Appalachia, Oklahoma, the Rockies, and South Texas, with additional international operations in Colombia and Ecuador. The company specializes in Tier-1 super-spec rigs equipped with advanced technologies such as its proprietary APEX rigs featuring AC-powered electric systems and high-pressure mud systems. The drilling services division also provides comprehensive directional drilling services, measurement-while-drilling equipment, wellbore placement optimization services, and electrical controls and automation solutions.

The completion services segment delivers hydraulic fracturing, wireline and pumping, completion support, and cementing services across major U.S. basins including the Permian, Marcellus Shale/Utica, Eagle Ford, Haynesville, and Bakken/Rockies formations. This division operates a natural gas-powered solutions portfolio and the proprietary Vertex fully automated completions process integrated with the eos digital completions management platform. The segment also includes power solutions natural gas fueling operations and proppant logistics and storage capabilities.

The drilling products segment, operating under the Ulterra brand, manufactures and distributes polycrystalline diamond compact drill bits and downhole tools through facilities in Fort Worth, Texas, Leduc, Alberta, and Saudi Arabia, serving energy and mining markets across more than thirty countries. The company employs approximately 7,900 full-time employees and maintains a customer base including major, independent, and other oil and natural gas operators. Patterson-UTI divested its oilfield rentals business in April 2025 and maintains a non-operating working interest in oil and natural gas assets located in Texas and New Mexico.

Company details
Sector
Energy
Industry (SIC)
Oilfield Services
Headquarters
HOUSTON, TX
Fiscal year end
December
CIK
889900
SIC
1381

Financial performance, year by year

Fiscal 2013–2025 · USD
$-1.60B$302.46M$2.21B$4.11B$6.01B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Patterson-UTI Energy, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

375
funds hold it
0 of 35
superinvestors hold it
$2.27B
held by funds, at market
57.5%
of shares held by funds
4
bond issues held by funds

Largest fund holders · Patterson-UTI Energy, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.17%of fund net assets
Avantis U.S. Small Cap Value ETF
AVUV · American Century ETF Trust
0.57%of fund net assets
Invesco Small Cap Value Fund
VSCAX · AIM Sector Funds (Invesco Sector Funds)
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
Undiscovered Managers Behavioral Value Fund
UBVLX · UNDISCOVERED MANAGERS FUNDS
0.98%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Patterson-UTI Energy, Inc.’s bonds, as funds hold them

Funds report holding 4 issues of Patterson-UTI Energy, Inc.’s debt, $213.42M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 5.54%, maturing 2028 to 2036.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Patterson-UTI Energy, Inc. and its peers compare on margins and cash generation over ten years?”
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