PTEN Stock Summary and Trading Ideas (Patterson-Uti Energy | NASDAQ:PTEN)

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.

What symbol and exchange does Patterson-Uti Energy shares trade?

Patterson-Uti Energy trades on the NASDAQ stock market under the symbol PTEN.

What is Patterson-Uti Energy stock price doing today?

As of February 9, 2026, PTEN stock price climbed to $8.70 with 7,747,526 million shares trading.

What is Patterson-Uti Energy's Beta?

PTEN has a beta of 1.68, meaning it tends to be more sensitive to market movements. PTEN has a correlation of 0.25 to the broad based SPY ETF.

How much is Patterson-Uti Energy worth?

PTEN has a market cap of $3.30 billion. This is considered a Mid Cap stock.

How much money does Patterson-Uti Energy make?

Last quarter Patterson-Uti Energy reported $1 billion in Revenue and -$.02 earnings per share. This beat revenue expectation by $49 million and exceeded earnings estimates by $.09.

What is the highest and lowest price Patterson-Uti Energy traded in the last 3 year period?

In the last 3 years, PTEN traded as high as $16.94 and as low as $5.10.

What are the top ETFs holding Patterson-Uti Energy?

The top ETF exchange traded funds that PTEN belongs to (by Net Assets): IJR, AVUV, IWM, VTI, OIH.

Is Patterson-Uti Energy (PTEN) a good investment?

PTEN has underperformed the market in the last year with a return of +7.6%, while SPY returned +15.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PTEN shares. However, PTEN has outperformed the market in the last 3 month and 2 week periods, returning +44.6% and +19.2%, while SPY returned +3.8% and +0.7%, respectively. This indicates PTEN has been having a stronger performance recently.

What are the support and resistance levels for Patterson-Uti Energy (PTEN)?

PTEN support price is $8.36 and resistance is $8.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PTEN shares will trade within this expected range on the day.