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.

Patterson-UTI Energy Inc.

Patterson-UTI ( ($PTEN) ) just unveiled an announcement. On May 19, 2026, Patterson-UTI Energy, Inc. completed a $500 million offering of 6.050% se...

Patterson-UTI completes $500 million senior notes offering

Patterson-UTI Energy (($PTEN)) has held its Q1 earnings call. Read on for the main highlights of the call. Patterson-UTI Energy’s latest earnings c...

Patterson-UTI Energy Eyes Upside Amid Disciplined Upgrade

In a report released today, Stephen Gengaro from Stifel Nicolaus maintained a Buy rating on Patterson-UTI, with a price target of $11.00. According...

Stifel Nicolaus Remains a Buy on Patterson-UTI (PTEN)

An announcement from Patterson-UTI ( ($PTEN) ) is now available. Patterson-UTI Energy reported first-quarter 2026 revenue of $1.1 billion, a net lo...

Patterson-UTI Reports Q1 2026 Results, Sees Activity Rebound

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Venture Global, Inc. Class A (VG) and Patterson-UTI (PTE...

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2	PTEN	$12.21	-0.57%	9.00M
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2	PTEN	$12.21	-0.6%	9.00M
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