Patterson-UTI Energy (PTEN) Projected to Post Quarterly Earnings on Wednesday

Patterson-UTI Energy (NASDAQ:PTEN) is expected to be issuing its Q3 2025 results after the market closes on Wednesday, October 22nd. Analysts expect Patterson-UTI Energy to post earnings of ($0.09) per share and revenue of $1.1708 billion for the quarter. Investors may review the information on the company’s upcoming Q3 2025 earningreport for the latest details on the call scheduled for Thursday, October 23, 2025 at 10:00 AM ET.

Patterson-UTI Energy (NASDAQ:PTEN) last issued its quarterly earnings results on Tuesday, March 21st. The oil and gas company reported ($0.38) earnings per share (EPS) for the quarter. The business had revenue of $191.70 million for the quarter. Patterson-UTI Energy had a negative return on equity of 1.94% and a negative net margin of 21.49%. On average, analysts expect Patterson-UTI Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Patterson-UTI Energy Stock Down 2.0%

Shares of PTEN opened at $5.51 on Monday. The stock has a market capitalization of $2.12 billion, a PE ratio of -2.00 and a beta of 1.23. Patterson-UTI Energy has a 1 year low of $5.10 and a 1 year high of $9.57. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.50 and a current ratio of 1.73. The company’s 50-day simple moving average is $5.57 and its 200-day simple moving average is $5.83.

Patterson-UTI Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 15th. Stockholders of record on Tuesday, September 2nd were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, September 2nd. Patterson-UTI Energy’s dividend payout ratio is currently -11.59%.

Analyst Ratings Changes

Several analysts have recently issued reports on PTEN shares. Susquehanna reduced their price target on shares of Patterson-UTI Energy from $8.00 to $7.00 and set a “positive” rating on the stock in a research report on Wednesday, September 3rd. Zacks Research upgraded Patterson-UTI Energy from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 25th. Stifel Nicolaus decreased their price objective on Patterson-UTI Energy from $12.00 to $10.00 and set a “buy” rating for the company in a research note on Friday, July 25th. Barclays reiterated an “equal weight” rating and issued a $6.00 price objective (down previously from $7.00) on shares of Patterson-UTI Energy in a research note on Monday, October 13th. Finally, Royal Bank Of Canada decreased their price objective on Patterson-UTI Energy from $9.00 to $8.50 and set an “outperform” rating for the company in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $7.80.

Institutional Investors Weigh In On Patterson-UTI Energy

Several institutional investors have recently added to or reduced their stakes in the business. Sourcerock Group LLC lifted its stake in Patterson-UTI Energy by 109.2% during the second quarter. Sourcerock Group LLC now owns 13,803,775 shares of the oil and gas company’s stock worth $81,856,000 after purchasing an additional 7,205,652 shares during the last quarter. Bank of America Corp DE increased its position in Patterson-UTI Energy by 1.5% during the second quarter. Bank of America Corp DE now owns 5,710,369 shares of the oil and gas company’s stock worth $33,862,000 after buying an additional 82,817 shares during the period. Goldman Sachs Group Inc. increased its position in Patterson-UTI Energy by 4.9% during the first quarter. Goldman Sachs Group Inc. now owns 4,747,463 shares of the oil and gas company’s stock worth $39,024,000 after buying an additional 220,422 shares during the period. Holocene Advisors LP increased its position in Patterson-UTI Energy by 7,113.3% during the second quarter. Holocene Advisors LP now owns 3,336,066 shares of the oil and gas company’s stock worth $19,783,000 after buying an additional 3,289,817 shares during the period. Finally, BNP Paribas Financial Markets increased its position in Patterson-UTI Energy by 444.2% during the second quarter. BNP Paribas Financial Markets now owns 3,020,212 shares of the oil and gas company’s stock worth $17,910,000 after buying an additional 2,465,209 shares during the period. Hedge funds and other institutional investors own 97.91% of the company’s stock.

About Patterson-UTI Energy

Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.