Patterson-UTI Energy Inc

PTEN
Buy Open
Signal type
Buy
Status
Open
Open Price
$7.02
Stop Loss
$6.25
Performance
40.74%
Days Open
99

Signal Setup

Signal Type Buy
Status Open
Open Date Jan 6, 2026
Open Price $7.02
Stop Loss $6.25
Timespan Day

Company Profile

Name Patterson-UTI Energy Inc
Ticker PTEN
Market Cap $2.29B
Sector DRILLING OIL & GAS WELLS
Latest Close $9.88
List Date Nov 2, 1993
Description

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.