PTEN — Patterson-UTI Energy Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

Trend Edge Setup Score

Trend Edge rates PTEN Bearish with a Setup Score of 0, net conviction 23, actionability 0. How the Setup Score works →

Total Setup Score0
Directional BiasBearish
Net Conviction23
Actionability0 (no mans land)

Key signals behind this score

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. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$11.52
Market Cap$4.65B
Float373.5M
Shares Outstanding381.4M
P/E (Forward)588.24
Price/Sales (TTM)0.99
vs. Analyst Target+20.3% to analyst PT
Profit Margin-1.92%
Operating Margin (TTM)-0.57%
Revenue (TTM)$4.67B
Earnings Growth (YoY)-97.90%
Dividend Rate0.4%
Analyst Target Price$13.86 (15 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $1.12B -$804M -$349M -$219M
2021 $1.36B -$655M -$574M $171M
2022 $2.65B $155M $317M $210M
2023 $4.15B $246M $604M $1.09B
2024 $5.38B -$968M $286M $287M
2025 $4.83B -$93.6M $230M $908M

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Sep 2025 $1.18B -$36.4M
Dec 2025 $1.15B -$9.1M
Mar 2026 $1.12B -$24.6M
Jun 2026 $1.23B -$19.6M

Ownership & Float

Insider Ownership2.2%
Institutional Ownership115.6%
Short Float8.1%
% of All Funds Holding4.93%
Number of Funds Holding434

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$10.34Near-term / short-term trend
Weekly40-Week SMA$9.44Medium-term trend
Weekly80-Week SMA$7.82Cyclical trend (business cycle)
Weekly200-Week SMA$10.18Secular trend (multi-year)
Monthly10-Month SMA$9.34Near-term monthly trend
Monthly20-Month SMA$7.91Medium-term monthly trend
Monthly40-Month SMA$9.45Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$9.40 support 1.05x 0 months ago
$9.00 support 1.27x 4 months ago
$6.20 support 1.05x 6 months ago
$5.20 support 1.03x 9 months ago

Historical Earnings Reactions (122 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.49% 0.27% 58.20% 9.96% -5.36%
1 Day 0.59% 0.59% 54.92% 13.64% -10.38%
1 Week 1.63% 1.36% 55.74% 44.44% -18.37%
2 Weeks 2.26% 1.89% 55.74% 44.63% -19.71%
1 Month 2.94% 1.02% 52.89% 80.79% -70.07%

Next earnings: October 18, 2026 (52 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.8%57.6%33
Feb3.1%60.6%33
Mar5.1%60.6%33
Apr6.0%63.6%33
May-0.2%42.4%33
Jun0.7%45.5%33
Jul1.2%51.5%33
Aug-2.1%31.3%32
Sep1.6%53.1%32
Oct2.6%53.1%32
Nov0.3%50.0%32
Dec3.5%57.6%33

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.01% 45.6% 1553
Tuesday 0.14% 47.9% 1695
Wednesday 0.24% 50.1% 1694
Thursday 0.01% 47.2% 1661
Friday 0.10% 50.2% 1653

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 115.6%

Insider Transactions — Smart Summary

Total insider ownership: 2.2%

12-Month Insider Activity Summary

Total Filings14
Net Value-$10.5M
Net Shares Change-1,949,995
% of Float-0.5%
C-Suite Filings8
Clusters Detected2

Key Insiders

NameTitleNet ValueFilingsActivity
Hendricks William Andrew JR President & CEO -$7.0M 2 3 sell
Drummond Robert Wayne Jr -$4.6M 1 1 sell
Holcomb James Michael EVP & Chief Operating Officer -$2.1M 2 2 sell
Smith Charles Andrew EVP & Chief Financial Officer -$434,998.94 1 1 sell
Wexler Seth David EVP/General Counsel/Secretary -$362,252.36 1 1 sell
BERNS KENNETH N Executive Vice President -$352,694.94 1 1 sell
Robinson Forrest C Chief Accounting Officer -$232,589.8 1 1 sell
Jaime Cesar -$122,900 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2026-05-04 – 2026-05-07 7 7 -$11.0M 5 C-suite
2026-06-01 – 2026-06-10 3 3 -$4.3M 3 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-06-01 Holcomb James Michael EVP & Chief Operating Officer -$1.7M Transaction at $11.47, now +0.4%
2026-06-09 Hendricks William Andrew JR President & CEO -$2.3M Transaction at $11.64, now -1.0%
2026-06-10 Robinson Forrest C Chief Accounting Officer -$232,589.8 Transaction at $11.96, now -3.6%
2026-05-04 Hendricks William Andrew JR President & CEO -$4.7M Transaction at $11.62, now -0.9%
2026-05-04 Wexler Seth David EVP/General Counsel/Secretary -$362,252.36 Transaction at $11.51, now +0.1%
2026-05-04 Smith Charles Andrew EVP & Chief Financial Officer -$434,998.94 Transaction at $11.51, now +0.1%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Patterson-UTI Energy Inc (PTEN) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for PTEN on Trend Edge →