PTEN Stock Patterson-UTI Energy, Inc.
US · NasdaqGSLast in our picks 2026-09-23 — not in the current list; analysis below is from that screen
Pure-play drilling leverage and sector upgrades position shares for a cyclical re-rating.
Signal breakdown
- ▸Recent sector upgrade highlights improving drilling-cycle expectations.
- ▾Below 50-day MA (-0.95%)
- ▸Above 200-day MA — long-term uptrend
Is PTEN a buy right now?
Trend: PTEN is trading above the 50-day average (+3.38%), RSI 54 — neutral momentum, with a 3-month return of +33.59%.
Valuation & quality: Patterson-UTI Energy, Inc. trades on forward P/E 34.9, PEG 0.73, price-to-book 1.51; fundamentals show net margin -1.9%, return on equity -2.8%, revenue growth 0.7% year on year.
Analyst consensus: 15 analysts have a mean 12-month price target of $13.93 (+13.7% vs the last close; range $12.00 – $19.00), consensus rating “buy”.
Income: trailing dividend yield 3.26%.
Our screen: BUY (score 3) — Pure-play drilling leverage and sector upgrades position shares for a cyclical re-rating.
Computed from end-of-day data; not personal advice.
12-month price chart
Monthly returns
| Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|---|---|
| +27.30% | +12.80% | -8.30% | -18.10% | +14.20% | +20.60% | -13.60% | +12.20% |
Fundamentals
Analyst price target
Technical signals
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, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products.
Sector: Energy · Industry: Oil & Gas Drilling · United States · 7,900 employees · Website
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Market data from end-of-day feeds; AI-generated research for educational purposes only — not investment advice.