Patterson-UTI Energy, Inc.
Energy sector | Oil & Gas Drilling industry
Metrics for PTEN
| Price | $12.29 |
|---|---|
| Shares Outstanding | 379.62M |
| All-Time Low | $0.75 |
| 52-Week Low | $5.10 |
Balance Statement Metrics
| Net Cash / Share | $0 |
|---|---|
| Net Current Assets / Share | $-2.3 |
| Net Tangible Assets / Share | $4.99 |
| Shares Outstanding Ave Change (Annual) | 21.1% |
| Shares Δ YoY | -2.08% |
| Avg CA Burn (Annual %) | 25.27% (as of 5-3-2026) |
| Avg CA Burn (Quarterly %) | 0.35% (as of 5-3-2026) |
Earning Metrics
| Max Earning Power / Share | $None |
|---|---|
| Adjusted Earning Power |
$None
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
|
| Non-Cash Charges to Market Cap |
0.0%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 744.5M (as of 5-3-2026) |
| Avg EBITDA (5Q) | 226.9M (as of 5-3-2026) |
| Avg Net Income (5Y) | -165.2M (as of 5-3-2026) |
| Avg Net Income (5Q) | -23.4M (as of 5-3-2026) |
Indicators
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | Yes | 5-3-2026 |
| Consecutive Years Paid | 23 years | 5-3-2026 |
| Pays Dividend | Yes | 5-3-2026 |
| Dividend Type | unknown | 5-3-2026 |
| Dividend Payout / Share | $0.10 | 5-3-2026 |
| Last Dividend Date | 3-15-26 | |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | Yes | 2-20-2026 |
| Net Income Positive | No | 2-20-2026 |
| Current Dividend Streak | Yes | 5-3-2026 |
Metric History Explorer
Pick a metric to view its history table and chart.
Tangible Book Value Per Share History
Formula: Tangible Book Value / shares from balance statements. Includes 6 quarterly + 4 annual.
Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).
| Report Date | Period | TBV / Share | Tangible Book Value | Shares Used |
|---|---|---|---|---|
| 2026-03-31 | Quarterly | $4.97 | 1.9B ($1,887,770,000) | 379.6M (379,602,464) |
| 2025-12-31 | Quarterly | $5.05 | 1.9B ($1,916,340,000) | 379.3M (379,301,646) |
| 2025-12-31 | Annual | $5.05 | 1.9B ($1,916,340,000) | 379.3M (379,301,646) |
| 2025-09-30 | Quarterly | $5.06 | 1.9B ($1,918,445,000) | 379.2M (379,243,018) |
| 2025-06-30 | Quarterly | $5.15 | 2B ($1,983,007,000) | 385.2M (385,155,678) |
| 2025-03-31 | Quarterly | $5.28 | 2B ($2,038,644,000) | 386M (385,978,013) |
| 2024-12-31 | Quarterly | $5.29 | 2B ($2,048,825,000) | 387.3M (387,344,755) |
| 2024-12-31 | Annual | $5.29 | 2B ($2,048,825,000) | 387.3M (387,344,755) |
| 2023-12-31 | Annual | $5.79 | 2.4B ($2,380,854,000) | 411.2M (411,195,302) |
| 2022-12-31 | Annual | $7.77 | 1.7B ($1,659,678,000) | 213.6M (213,567,131) |
Revenue History (Annual)
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2025-12-31 | 4.8B ($4,826,624,000) |
| 2024-12-31 | 5.4B ($5,377,911,000) |
| 2023-12-31 | 4.1B ($4,146,456,000) |
| 2022-12-31 | 2.6B ($2,647,592,000) |
Dividend Payments
Historical cash dividends per share from Yahoo ex-dividend dates.
| Date | Dividend / Share |
|---|---|
| 2026-03-02 | $0.1 |
| 2025-12-01 | $0.08 |
| 2025-09-02 | $0.08 |
| 2025-06-02 | $0.08 |
| 2025-03-03 | $0.08 |
Show 83 older dividend payments
| Date | Dividend / Share |
|---|---|
| 2024-12-02 | $0.08 |
| 2024-09-03 | $0.08 |
| 2024-06-03 | $0.08 |
| 2024-02-29 | $0.08 |
| 2023-11-30 | $0.08 |
| 2023-09-06 | $0.08 |
| 2023-05-31 | $0.08 |
| 2023-03-01 | $0.08 |
| 2022-11-30 | $0.08 |
| 2022-08-31 | $0.04 |
| 2022-06-01 | $0.04 |
| 2022-03-02 | $0.04 |
| 2021-12-01 | $0.02 |
| 2021-09-01 | $0.02 |
| 2021-06-02 | $0.02 |
| 2021-03-03 | $0.02 |
| 2020-12-02 | $0.02 |
| 2020-09-02 | $0.02 |
| 2020-06-03 | $0.02 |
| 2020-03-04 | $0.04 |
| 2019-12-04 | $0.04 |
| 2019-09-04 | $0.04 |
| 2019-06-05 | $0.04 |
| 2019-03-06 | $0.04 |
| 2018-12-06 | $0.04 |
| 2018-09-05 | $0.04 |
| 2018-06-06 | $0.04 |
| 2018-03-07 | $0.02 |
| 2017-12-06 | $0.02 |
| 2017-09-06 | $0.02 |
| 2017-06-06 | $0.02 |
| 2017-03-06 | $0.02 |
| 2016-12-06 | $0.02 |
| 2016-09-06 | $0.02 |
| 2016-06-07 | $0.02 |
| 2016-03-08 | $0.1 |
| 2015-12-08 | $0.1 |
| 2015-09-08 | $0.1 |
| 2015-06-08 | $0.1 |
| 2015-03-09 | $0.1 |
| 2014-12-08 | $0.1 |
| 2014-09-08 | $0.1 |
| 2014-06-10 | $0.1 |
| 2014-03-10 | $0.1 |
| 2013-12-13 | $0.05 |
| 2013-09-12 | $0.05 |
| 2013-06-12 | $0.05 |
| 2013-03-13 | $0.05 |
| 2012-12-12 | $0.05 |
| 2012-09-12 | $0.05 |
| 2012-06-13 | $0.05 |
| 2012-03-13 | $0.05 |
| 2011-12-13 | $0.05 |
| 2011-09-13 | $0.05 |
| 2011-06-13 | $0.05 |
| 2011-03-11 | $0.05 |
| 2010-12-13 | $0.05 |
| 2010-09-13 | $0.05 |
| 2010-06-11 | $0.05 |
| 2010-03-11 | $0.05 |
| 2009-12-11 | $0.05 |
| 2009-09-11 | $0.05 |
| 2009-06-11 | $0.05 |
| 2009-03-10 | $0.05 |
| 2008-12-10 | $0.16 |
| 2008-09-10 | $0.16 |
| 2008-06-10 | $0.16 |
| 2008-03-10 | $0.12 |
| 2007-12-10 | $0.12 |
| 2007-09-10 | $0.12 |
| 2007-06-12 | $0.12 |
| 2007-03-13 | $0.08 |
| 2006-12-12 | $0.08 |
| 2006-09-12 | $0.08 |
| 2006-06-13 | $0.08 |
| 2006-03-13 | $0.04 |
| 2005-11-10 | $0.04 |
| 2005-08-12 | $0.04 |
| 2005-05-12 | $0.04 |
| 2005-02-24 | $0.04 |
| 2004-11-10 | $0.02 |
| 2004-08-12 | $0.02 |
| 2004-05-13 | $0.02 |
Shares Outstanding Changes
| Date | Shares Outstanding | Delta |
|---|---|---|
| 2026-04-30 | 379,617,653 | +2,021 |
| 2026-04-14 | 379,615,632 | +40,432 |
| 2026-02-11 | 379,575,200 | +333,176 |
| 2025-10-30 | 379,242,024 | -5,925,478 |
| 2025-09-17 | 385,167,502 | +494 |
| 2025-07-31 | 385,167,008 | -820,000 |
Short Interest Changes
Latest short-interest change: 17,159,086 shares (5.42% of float) | Days to cover: 1.57
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-04-27 | 17,159,086 shares | -8,965,484 | -34.32% |
| 2026-04-17 | 26,124,570 shares | -4,290,424 | -14.11% |
| 2026-03-24 | 30,414,994 shares | -11,051,385 | -26.65% |
| 2026-03-12 | 41,466,379 shares | +9,963,497 | +31.63% |
| 2026-02-27 | 31,502,882 shares | +5,246,790 | +19.98% |
| 2026-02-11 | 26,256,092 shares | +1,517,174 | +6.13% |
Interesting Volume Days
Volume/ratio use shares outstanding as of the event date (frozen).
| Date | Volume | Shares Outstanding | Volume / Shares | Price |
|---|---|---|---|---|
| No interesting volume events | ||||
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. The Contract Drilling Services segment engages in the provision of 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; rig fleet evaluation; and drilling technology service. 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 that 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, equipment, materials, and cementing, as well as 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.