Patterson Uti Energy INC

Market Movers (8-K)

NASDAQ
Patterson-UTI Energy shareholders approved an incentive plan amendment and the company completed a $482.5 million debt redemption.
Capital raise
NASDAQ
Patterson-UTI Energy's May 2026 investor presentation outlines a strong outlook for its drilling and completion services, with increased rig activity, pricing tailwinds, and strategic investments in natural gas-powered equipment.
NASDAQ
Patterson-UTI Energy, Inc. has completed an offering of $500 million in 6.050% Senior Notes due 2036, with proceeds intended for redeeming existing notes and general corporate purposes.
Capital raise
NASDAQ
Patterson-UTI Energy announced the pricing of a $500 million offering of 6.050% Senior Notes due 2036, with net proceeds intended for the redemption of its 3.95% Senior Notes due 2028 and general corporate purposes.
Capital raise
NASDAQ
Patterson-UTI Energy, Inc. has amended its credit agreement, extending the maturity date of $450 million in revolving credit commitments and reassigning a portion of those commitments.
NASDAQ
Patterson-UTI Energy, Inc. provided an investor presentation updating its fourth quarter 2025 guidance, highlighting strong adjusted free cash flow and operational efficiencies.
Better than expected

Quarterly Earnings (10-Q)

NASDAQ
Patterson-UTI Energy reported a net loss of $24.6 million for Q1 2026, with revenues down across all segments compared to the prior year, impacted by market conditions and operational disruptions.
Worse than expected
NASDAQ
Patterson-UTI Energy, Inc. reported a decrease in Q3 2025 revenues across all segments, though net loss significantly narrowed compared to the prior year, driven by reduced impairment charges.
Worse than expected
NASDAQ
Patterson-UTI Energy, Inc. reported a net loss for the second quarter and first half of 2025, driven by declining revenues across its segments, an impairment charge on Latin American drilling assets, and challenging global energy market conditions.
Worse than expected
NASDAQ
Patterson-UTI Energy's Q1 2025 results show a mixed performance with revenue decline offset by cost management amid increasing market uncertainty.
Worse than expected
NASDAQ
Patterson-UTI Energy reported a net loss of $979 million for the third quarter of 2024, primarily due to a substantial goodwill impairment and asset abandonment charges.
Worse than expected
NASDAQ
Patterson-UTI Energy's Q2 2024 results show a decrease in revenue and operating income compared to the previous year, influenced by market conditions and integration costs.
Worse than expected

Annual Reports (10-K)

NASDAQ
Patterson-UTI Energy, Inc. reports a decline in 2025 revenues and net income amid volatile commodity prices and global economic uncertainty, while maintaining strong liquidity and strategic tech investments.
Worse than expected
NASDAQ
Patterson-UTI Energy's 2024 10-K filing highlights a year of strategic acquisitions, market adjustments, and a focus on capital returns amidst fluctuating oil and gas prices.
Worse than expected
NASDAQ
Patterson-UTI Energy, Inc.'s 10-K filing outlines the company's registered securities, corporate governance, and recent business activities.
Worse than expected

Insider Trading (Form 4)

NASDAQ
Chief Accounting Officer Forrest C. Robinson reported sales and acquisitions of Patterson-UTI Energy common stock.
NASDAQ
William Andrew Hendricks Jr., President & CEO of Patterson-UTI Energy Inc., reported a sale of 200,000 common shares.
NASDAQ
James Michael Holcomb, EVP and COO of Patterson-UTI Energy, Inc., sold 150,000 shares of common stock on May 28, 2026.
NASDAQ
Seth David Wexler, EVP, General Counsel & Secretary of PATTERSON UTI ENERGY INC, reported a disposition of 10,363 common shares on May 9, 2026, to cover tax withholding obligations.
NASDAQ
Kenneth Berns, Executive Vice President at Patterson UTI Energy Inc., reported a disposition of 12,096 shares of common stock on May 9, 2026.
NASDAQ
William Andrew Hendricks Jr., President & CEO of Patterson-UTI Energy Inc., reported a disposition of 48,952 shares of common stock on May 9, 2026, to cover withholding taxes.

Proxy Statements (Def-14A)

NASDAQ
Patterson-UTI Energy, Inc. has announced its 2026 Annual Stockholders Meeting will be held on June 4, 2026, to elect directors, ratify auditors, and approve amendments to its incentive plan.
NASDAQ
Patterson-UTI Energy, Inc. has filed a definitive proxy statement with the SEC, indicating upcoming shareholder voting on company matters.
NASDAQ
Patterson-UTI Energy, Inc. will hold its annual stockholders meeting on June 5, 2025, to elect directors, ratify the selection of PricewaterhouseCoopers LLP, and approve executive compensation.
NASDAQ
Patterson-UTI Energy, Inc. has filed a definitive proxy statement with the SEC regarding its upcoming shareholder meeting.
NASDAQ
Patterson-UTI Energy, Inc. has released its proxy statement detailing proposals for the upcoming annual stockholders meeting, including the election of directors, ratification of the accounting firm, and approval of amendments to the long-term incentive plan and corporate charter.

Schedule 13G - Passive Investments

NASDAQ
Blackstone entities have filed an exit statement after reducing their beneficial ownership in Patterson-UTI Energy, Inc. below the 5% threshold.
NASDAQ
Vanguard Capital Management has reported beneficial ownership of 19,259,019 shares, representing 5.07% of the outstanding common stock of Patterson-UTI Energy Inc.
NASDAQ
Vanguard Portfolio Management has reported a beneficial ownership of 7.16% in Patterson-UTI Energy Inc. common stock as of March 31, 2026.
NASDAQ
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Patterson-UTI Energy Inc. following an internal realignment.
NASDAQ
Blackstone-affiliated entities and Stephen A. Schwarzman have filed an amended Schedule 13G, reporting a collective beneficial ownership of 7.3% in Patterson-UTI Energy, Inc. common stock.
NASDAQ
Pacer US Small Cap Cash Cows ETF, Pacer Advisors, Inc., and Joe M. Thomson have jointly filed an amended Schedule 13G, disclosing a collective beneficial ownership of 1.18% of Patterson-UTI Energy, Inc.'s common stock as of March 31, 2025.