PATTERSON UTI ENERGY INC
No SEC Form 4 filings for $PTEN in the last 30 days.
Patterson-UTI (PTEN) reported Q2 results with revenue of $1.23B versus $1.16B estimates and adjusted EBITDA of $231.9M versus $218.8M. Adjusted EPS was 0 versus -$0.04. Management attributed improvements to faster rig deployments, longer contract durations into 2027, and higher pricing for high-spec equipment, with analyst questions focused on upgrade economics and pricing sustainability.
Barclays analysts said Patterson-UTI Energy, ProFrac Holding, and Nabors Industries reported stronger North America drilling and completion services outlooks in Q2. Patterson-UTI’s Q2 EBITDA was 5% above estimates and guided Q3 EBITDA to about $260M. ProFrac’s Q2 EBITDA missed due to deployment and weather, but pricing momentum is improving. Nabors added 2026 EBITDA guidance of $920-930M.
Simply Wall St reports Patterson-UTI Energy (PTEN) shares rose 6.4% to $10.48 after its Q2 2026 earnings. The company posted revenue of about $1.23b and a GAAP net loss of about $19.6m, with EPS loss narrowing. The article cites improving rig and frac activity, but notes ongoing loss and capex (Q2 capex $156m, FY guidance ~$600m).
Over the past 7 days, alphai's AI scored 2 news stories mentioning PTEN (PATTERSON UTI ENERGY INC). Coverage has skewed bullish: 2 bullish, 0 neutral, and 0 bearish.
Recent PTEN coverage spans earnings, sector analysis and financial news.
The article frames an earnings-driven inflection in activity, pricing, and margins, with management pointing to longer contract durations and high-spec equipment tightness.
Guidance and rig-pricing strength suggest improving cash-flow visibility for North America drilling services.
The article frames PTEN’s post-earnings rally as driven by improving rig and frac activity plus better pricing and acquisition integration, despite still being loss-making.
A profitability inflection plus Q3 gross-profit guidance can drive near-term re-rating, but margins remain near breakeven.
Guidance and margin drivers (pricing up, utilization near full, gas-powered fleet mix) suggest improving cash generation into 2H 2026 and 2027.
alphai scores every news story that mentions PTEN with an AI model for sentiment and relevance, and aggregates insider trades from PATTERSON UTI ENERGY INC's SEC EDGAR Form 4 filings. Figures refresh continuously.
Patterson-UTI (PTEN) reported Q2 results with revenue of $1.23B versus $1.16B estimates and adjusted EBITDA of $231.9M versus $218.8M. Adjusted EPS was 0 versus -$0.04. Management attributed improvements to faster rig deployments, longer contract durations into 2027, and higher pricing for high-spec equipment, with analyst questions focused on upgrade economics and pricing sustainability.
7 min readBarclays analysts said Patterson-UTI Energy, ProFrac Holding, and Nabors Industries reported stronger North America drilling and completion services outlooks in Q2. Patterson-UTI’s Q2 EBITDA was 5% above estimates and guided Q3 EBITDA to about $260M. ProFrac’s Q2 EBITDA missed due to deployment and weather, but pricing momentum is improving. Nabors added 2026 EBITDA guidance of $920-930M.
3 min readSimply Wall St reports Patterson-UTI Energy (PTEN) shares rose 6.4% to $10.48 after its Q2 2026 earnings. The company posted revenue of about $1.23b and a GAAP net loss of about $19.6m, with EPS loss narrowing. The article cites improving rig and frac activity, but notes ongoing loss and capex (Q2 capex $156m, FY guidance ~$600m).
5 min readPatterson-UTI reported Q2 2026 breakeven adjusted EPS versus a consensus $0.04 loss, with revenue of $1.23 billion, 6.4% above forecasts. The company narrowed net loss to $19.3 million from $49.1 million and improved operating and net margins to -0.6% and -1.6%. Management guided for higher adjusted gross profit in Q3 2026.
6 min readIs NexTier-Patterson UTI Deal A Sign Of More Consolidation Ahead? U.S. Contract Drilling recorded 8,361 operating days and averaged 92 operating rigs in the quarter. Revenue per day increased from the first quarter, while the company's directional drilling operation also posted a "meaningful" sequential improvement, according to Smith. For the third quarter, Patterson-UTI expects its drilling-services rig count to average about 100 rigs and to exit the period above that level.
6 min readPatterson-UTI (NASDAQ: PTEN) reported Q2 CY2026 revenue of $1.23 billion, flat year over year but 5.9% above Wall Street estimates. The company posted a GAAP loss of $0.05 per share, $0.02 better than consensus. Adjusted EBITDA margin was 18.9%, and free cash flow was $52.62 million (4.3% margin).
7 min readPATTERSON UTI ENERGY INC (PTEN) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 a2026q2earningsreleaseex991.htm EX-99.1 Document Exhibit 99.1 Contact: Michael Sabella Vice President, Investor Relations (281) 885-7589 Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2026 HOUSTON, Texas – July 29, 2026 – PATTERSON-UTI ENE
6 min readPatterson-UTI Energy (NASDAQ:PTEN) reported Q2 2026 results for the quarter ended June 30, 2026. Total revenue rose 10% sequentially to $1.2 billion. Net loss attributable to common stockholders was $20 million, while adjusted net income was $1 million and adjusted EBITDA was $232 million. The company declared a $0.10/share dividend and guided for higher Q3 activity and adjusted gross profit across segments.
6 min readPatterson-UTI (PTEN) will report earnings Wednesday afternoon. The company previously reported $1.12B revenue, down 12.7% YoY, and beat analysts on EPS and EBITDA. For the upcoming quarter, analysts expect revenue to fall 4.9% YoY. The article cites an average analyst price target of $13 versus a $9.48 share price.
4 min readSimply Wall St says Patterson-UTI Energy (PTEN) is set to report Q2 2026 results, with consensus expecting a 3 cents per share loss on about $1.15 billion revenue. The article cites higher operating costs and segment pressure, notes a $500 million revolver extended to 2031, and discusses analyst forecasts including $5.1 billion revenue and $252.2 million earnings by 2029.
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