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Patterson-UTI Energy, Inc.

PTENEnergyNASDAQ

Oil & Gas Drilling

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Financials · Annual
Revenue
$4.83B
-10.3% YoY
Net Income
-$93.6M
+90.3% YoY
EBITDA
$907.8M
+216.4% YoY
Free Cash Flow
$344.6M

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About Patterson-UTI Energy, Inc.

Headquartered within the energy sector, Patterson-UTI Energy, Inc. focuses on Oil & Gas Drilling services and products. 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. Valued at $4.38B, PTEN is a mid-cap name in its sector. It operates through three segments: Drilling Services, Completion Services, and Drilling Products.

Key stats
Market Cap$4.38B
Fwd P/E116.81
EPS$-0.30
Beta0.65
52W Change+100.2%
Dividend Yield3.47%
ROE-3.6%
Analysis

The company holds $335.1M in cash, though total debt stands at $1.27B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Annual free cash flow of $344.6M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of -3.6% points to negative capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Revenue has grown from $2.65B (2022) to $4.83B (2025), reflecting a 82% increase over the period.

PTEN's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing PTEN.

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