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Patterson-UTI Energy, Inc.

PTEN
NASDAQ: PTEN Delayed
5.88USD 0%
As of 24 April 2025, Patterson-UTI Energy, Inc. has a market cap of $2.27B USD, ranking #4928 globally and #1381 in the United States. It ranks #209 in the Energy sector, and #4 in the Oil & Gas Drilling industry.
Global Rank
4928
Country Rank
1381
Sector Rank
209
Industry Rank
4
Key Stats
Market Cap
$2.27BUSD
Enterprise Value
$3.33BUSD
Revenue (TTM)
$5.38BUSD
EBITDA (TTM)
$1.2BUSD
Net Income (TTM)
-$968.03MUSD
EBITDA Margin
22%
Profit Margin
-18%
Company Profile
Country (HQ)
Sector
Energy
Industry
Oil & Gas Drilling
CEO
William Hendricks open_in_new
Employees
9,200
Founded
1978
IPO
02 Nov 1993
Website
patenergy.com open_in_new
warningChart data may be delayed
1d 1w 1m 3m 6m 1y
0% 0.9% -30% -36% -25% -48%

Markets

Exchange Ticker Price
NASDAQ
MIC: XNAS
PRIMARY
PTEN
Patterson-UTI Energy Inc
ISIN: US7034811015
Shares Out.:
385.978M1 Shares Float: 347.766M2
TV:
SA:
YF:
GF:
NQ:
BA:
MS:
5.88 USD
1Market cap is calculated using shares outstanding.
2Float shares are publicly tradable shares, excluding insider-held stock.

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 and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision od 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; and servicing and re-certification of equipment for drilling contractors. 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, 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, and cementing; and is 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.

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