Insider buying last 90 days
No open-market insider purchases were filed for PTEN in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every PTEN insider filing, plotted on the chart in Gekko.Open PTEN in Gekko
NASDAQ: PTEN
Patterson-UTI Energy (PTEN) Stock Analysis & Forecast
Sep 28 close
$10.85−0.06 (−0.5%)
Gekko Brief
AI summaryPatterson-UTI Energy shares fell 2.21 percent on 22 September as broader weakness in oil services and a decline in WTI crude weighed on the group. Separately, the company was noted ahead of its Q2 release as expected to beat earnings estimates despite lower revenues, and CEO William Andrew Hendricks Jr. sold 250,000 shares for approximately $2.98 million on 18 September under a Rule 10b5-1 trading plan.
PTEN closed at $10.85, down 0.5%, sitting between its 50-day average of $11.37 and 200-day average of $9.93, with the one-month return at -11.5% against a one-year return of 97.3%. The GekkoIndex reads 66.1, placing the stock in the Accumulation zone, up 4 over five sessions. Gekko Fair Value stands at $10.81, putting price 0.4% above that mark.
The next earnings date falls on 28 October, 29 days out, beyond a typical 20-trading-day hold; the last report showed a loss of $0.06 per share versus a $0.03 estimate, with a 7.4% reaction, against an average absolute reaction of 5.2% across prior quarters. Options activity shows 1 unusual signal in the last 30 days, weighted toward put premium of $326,625 with no call premium. Seasonally, the next 20 trading days have averaged +13.4% over 5 years, rising in 3 of them. Analyst coverage from 9 firms shows 6 buy and 3 hold ratings, with a consensus target of $14.07.
Written by AI and checked automatically against the figures on this page. Generated Sep 29, 2026 from the data above.
Patterson-UTI Energy price vs fair value
Close $10.85200-day averageGekko Fair Value $10.81
Patterson-UTI Energy quick facts
- Market cap
- $4.12B
- P/E ratio
- —
- Forward P/E
- 35.7
- EPS, TTM
- −$0.24
- Revenue, TTM
- $4.67B
- Profit margin
- -1.9%
- Dividend yield
- 3.22%
- Beta
- 0.67
- Volume
- 6.50M avg 8.40M
- 1-year return
- +97.3%
- Typical daily move
- ±4.4%
- Typical 20-day move
- ±8.9%
- 50-day average
- $11.37
- 200-day average
- $9.93
- Next earnings
- Oct 28
- Shares outstanding
- 381.4M
Patterson-UTI Energy swing-trade checklist
Patterson-UTI Energy scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $10.85 sits between the 50-day ($11.37) and 200-day ($9.93) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
66.1, Accumulation
Reading 66.1 is in the Accumulation zone.
See the GekkoIndex - Fair valuemixed
0.4% above
Price is within 5% of Gekko Fair Value (0.4% above).
See fair value - Smart moneyheadwind
Leans bearish
Last 30 days: 1 unusual options signal.
See smart money - Earnings risksupportive
Reports in 29 days
Next report Oct 28, 2026, 29 days away — outside a typical 20-trading-day hold.
See earnings - Seasonalitysupportive
+13.4% on average
From this point in the calendar, the next 20 trading days averaged +13.4% over 5 years, rising in 3 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Patterson-UTI Energy stock chart and price history
Patterson-UTI Energy closed at $10.85 on Sep 28, 2026, +97.3% over the past year, inside a 52-week range of $5.10 to $13.39.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −11.5%
- 3 months
- +13.6%
- 6 months
- −4.5%
- 1 year
- +97.3%
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About Patterson-UTI Energy
Patterson-UTI Energy supplies onshore contract drilling for companies that explore for and produce oil and natural gas, working across the United States as well as select international markets. It is recognized for operating land-based drilling rigs used in major domestic basins, supporting the wellsite operations its customers rely on to bring hydrocarbons out of the ground.
The company runs through three main lines of business. One handles contract drilling itself, running a fleet of marketable rigs across regions such as West Texas, Appalachia, the Rockies, Oklahoma, and South and East Texas, plus operations in Colombia. Another covers pressure pumping, including well stimulation, hydraulic fracturing, cementing and acid pumping in Texas and Appalachia. A third offers directional drilling and measurement-while-drilling services, along with downhole motor rental and supporting software. Beyond these, it provides equipment maintenance to other drilling contractors, electrical controls and automation work for energy, marine and mining clients, and holds non-operating working interests in oil and gas properties in Texas and New Mexico.
Founded in 1978 and headquartered in Houston, Texas, Patterson-UTI Energy is listed on the NASDAQ under the ticker PTEN.
- Listed
- NASDAQ
- Sector
- Industrial services
- Industry
- Contract drilling
- Website
- patenergy.com
Patterson-UTI Energy GekkoIndex: the smart money zone
Patterson-UTI Energy’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 66.1, in the Accumulation zone, up 4 points over five sessions.
66.1Accumulation
Up 4 points over five sessions.
Reading for Sep 28, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 27 | +2.7% | +6.2% | ||
| Accumulation (current zone) | 249 | +1.5% | +1.3% | ||
| Neutral | 354 | −0.7% | +0.5% | ||
| Distribution | 37 | +0.9% | +3.3% | ||
| Selling | 5 | Too few readings yet | |||
Average PTEN share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the PTEN price, zone by zone.Track PTEN in Gekko
Is Patterson-UTI Energy stock overvalued? Gekko Fair Value
Patterson-UTI Energy trades 0.4% above Gekko Fair Value of $10.81, so the shares are about fair value on Gekko’s estimate.
Gekko’s own estimate of what Patterson-UTI Energy shares are worth, recalculated every trading day.
$10.81
Gekko Fair Value, Sep 26, 2026
0.4% above fair value · About fair value
Gekko Fair Value on every chart, with the gap to price updating daily.Open PTEN in Gekko
Patterson-UTI Energy insider and Congress trading
No open-market insider purchases were filed for Patterson-UTI Energy, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in PTEN were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for PTEN, plotted on the chart in Gekko.Open PTEN in Gekko
Buybacks
Patterson-UTI Energy has been buying back its own shares.
- Bought back, quarter ended Jun 30, 2026
- $9.13M
- As a share of market cap
- 0.22%
- Trailing four quarters
- $43.27M
From company filings.
Unusual options activity last 30 days
1signal, 0% of the flagged premium in calls.
Latest: Bearish flow on Sep 4, $327K in unusual premium.
Every signal with its contract, strike and premium.Unlock in Gekko
Patterson-UTI Energy earnings: next date and track record
Patterson-UTI Energy reports on Oct 28, 2026 (29 days away), and beat the EPS estimate in 4 of its last 8 reports.
Next earnings report
Oct 28, 2026
29 days away
- EPS estimate
- $0.03
- Revenue estimate
- $1.31B
4 of 8reports beat the EPS estimate
±5.2%average move across the report
8 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 29, 2026 AI summary
- What they said
- Patterson-UTI reported Q2 2026 results and management discussed industry dynamics, operational performance, and capital allocation priorities. Management highlighted a strong inflection in U.S. drilling and completions activity during Q2, driven by private E&P demand, leading to rig reactivations, upgrades to higher-spec rigs, and a tight completions market. Company-wide revenue increased sequentially, adjusted EBITDA was solid, but GAAP results included non-cash charges primarily related to exiting Contract Drilling operations in Colombia and write-downs of minority investments. Management emphasized technology leadership, premium pricing opportunities for upgraded rigs and gas-burning completions equipment, and the potential for meaningful free cash flow improvement in H2 2026 and into 2027. They reiterated capital allocation priorities: invest in high-return growth opportunities, improve free cash flow, and return capital to shareholders (targeting at least 50% of adjusted free cash flow).
- Guidance
- - Expect working capital to be a source of cash in the second half of 2026. - Management expects 2026 adjusted free cash flow to more than fund dividend payments for the year. - Free cash flow expected to improve in H2 2026 and improve meaningfully in 2027. - Company committed to returning at least 50% of adjusted free cash flow to shareholders (no change to prior target). - Implicit operational guidance: drilling day-rate increases on new contracts in the mid-teens (management cited ~10-15% average on new drilling agreements).
- Risks flagged
- - Geopolitical uncertainty (Middle East conflict) could affect global markets and operations. - Political and commercial risk in Colombia led to exit and non-cash charges; country-level risk in Latin America remains a consideration. - Commodity and component cost inflation (notably tungsten) affecting Drilling Products margins. - Temporary operational risks: ERP system consolidation caused billing delays and working capital headwinds. - Execution risk around reactivations, upgrades, and timing of customer commitments; competitive dynamics and attrition in completions could evolve.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 29, 2026 | −$0.06 est −$0.03 | $1.23B est $1.15B | +7.4% |
| Apr 22, 2026 | −$0.06 est −$0.10 | $1.12B est $1.10B | +5.5% |
| Feb 4, 2026 | −$0.02 est −$0.12 | $1.15B est $1.11B | +4.6% |
| Oct 22, 2025 | −$0.06 est −$0.10 | $1.18B est $1.10B | +12.1% |
| Jul 23, 2025 | −$0.13 est −$0.04 | $1.22B est $1.20B | +4.1% |
| Apr 23, 2025 | $0.00 est −$0.04 | $1.28B est $1.18B | +3.7% |
| Feb 6, 2025 | −$0.12 est −$0.08 | $1.16B est $1.24B | +2.9% |
| Oct 23, 2024 | −$2.50 est $0.03 | $1.36B est $1.29B | +1.4% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Patterson-UTI Energy stock forecast and analyst price targets
Analysts’ average 12-month price target for Patterson-UTI Energy is $14.07, +29.7% from the last close, from 9 firms rating the stock in the last 90 days.
$14.07consensus 12-month target, +29.7% from the last close
Now $10.85Avg $14.07
Low $12High $16
Each firm’s latest rating in the last 90 days: 9 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 4 | Citi | $13.50 | +24.4% |
| Aug 20 | Morgan Stanley | $12 | +10.6% |
| Aug 20 | Morgan Stanley | $12 | +10.6% |
| Aug 19 | Bank of America Securities | $13 | +19.8% |
| Aug 19 | Bank of America Securities | $13 | +19.8% |
+1.3%average 20-day move after past Accumulation readings
+13.4%average move over the next 20 trading days in the last 5 years
±4.4%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Patterson-UTI Energy seasonality: the next 20 trading days
Over the next 20 trading days from Sep 29, Patterson-UTI Energy averaged +13.4% across the last 5 years, rising in 3 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | +6.2% | 3 of 5 |
| Next 10 trading days | +7.1% | 3 of 5 |
| Next 15 trading days | +8.3% | 4 of 5 |
| Next 20 trading days | +13.4% | 3 of 5 |
| Next 30 trading days | +14.5% | 3 of 5 |
For scale, PTEN’s typical 20-trading-day move in either direction is about 8.9%.
Patterson-UTI Energy market cap and key statistics
Patterson-UTI Energy’s market cap is $4.12B and revenue of $4.67B over the last twelve months.
Valuation
- Market cap
- $4.12B
- Forward P/E
- 35.7
- EPS, TTM
- −$0.24
- Gekko Fair Value
- $10.81
Trading
- Volume
- 6.50M
- Avg volume, 20 days
- 8.40M
- 52-week high
- $13.39
- 52-week low
- $5.10
- Shares outstanding
- 381.4M
Financials
- Revenue, TTM
- $4.67B
- Profit margin
- -1.9%
- Return on equity
- -2.8%
- Quarterly earnings growth, YoY
- −97.9%
Risk and income
- Beta
- 0.67
- Typical daily move
- ±4.4%
- Typical 20-day move
- ±8.9%
- Dividend yield
- 3.22%
Patterson-UTI Energy stock news this week
Coverage of Patterson-UTI Energy this week reads negative: 1 positive, 0 neutral and 2 negative headlines.
- Patterson-UTI Energy stock falls 2.21 percent as oil services weakenAD HOC NEWS, Sep 23
- Patterson-UTI (PTEN) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 ReleaseEastern Progress, Sep 22
- Patterson-UTI Energy CEO sells $2.98m in common stockInvesting.com, Sep 21
Patterson-UTI Energy peers
Patterson-UTI Energy’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| SLBSLB | Accumulation | 6.8% below |
| BKRBaker Hughes | Accumulation | 6.7% below |
| NENoble Corporation plc A | Accumulation | 36.5% below |
| VALValaris | Accumulation | 3.8% above |
| RIGTransocean Ltd (Switzerland) | Accumulation | 11.4% below |
| HPHelmerich & Payne | Accumulation | 42.1% below |
A peer links to its own page where one exists.
Patterson-UTI Energy stock FAQ
What is Patterson-UTI Energy’s market cap?
Patterson-UTI Energy’s market cap is $4.12B at the Sep 28, 2026 close of $10.85, with 381.4M shares outstanding.
What is the Patterson-UTI Energy stock forecast?
The consensus analyst 12-month price target for Patterson-UTI Energy is $14.07, +29.7% from the last close. Of the 9 firms that rated the stock in the last 90 days, 6 rate it a buy, 3 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Patterson-UTI Energy stock overvalued or undervalued?
On Gekko’s estimate Patterson-UTI Energy is about fair value: the Sep 28, 2026 close of $10.85 is 0.4% above Gekko Fair Value of $10.81. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Patterson-UTI Energy report earnings next?
Patterson-UTI Energy is expected to report on Oct 28, 2026 (29 days away). Analysts expect earnings of $0.03 per share on revenue of $1.31B. Patterson-UTI Energy beat the earnings estimate in 4 of its last 8 reports, moving 5.2% on average across the report.
What is Patterson-UTI Energy’s 52-week high and low?
Patterson-UTI Energy’s 52-week high is $13.39 and its 52-week low is $5.10; it closed at $10.85 on Sep 28, 2026, +97.3% over the past year. Over the last five years the shares peaked at $20.53 on May 31, 2022.
Is Patterson-UTI Energy stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, earnings risk and seasonality), 2 as mixed (trend and fair value) and 1 as a headwind (smart money). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Patterson-UTI Energy?
Gekko flagged 1 unusual options signal in Patterson-UTI Energy over the last 30 days, with $0 of flagged premium in calls and $327K in puts. The latest, bearish flow, was on Sep 4, 2026 with $327K in unusual premium. The signal-by-signal table is in Gekko.
How this page works
During US trading hours the price at the top of the page is a delayed quote, refreshed every 15 minutes; everything else is rebuilt after each US market close. The GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
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