Q2 EPS Estimate for Patterson-UTI Energy Boosted by Analyst

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) – Investment analysts at Atb Cap Markets upped their Q2 2025 earnings estimates for Patterson-UTI Energy in a report released on Thursday, February 6th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will post earnings of $0.00 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for Patterson-UTI Energy’s current full-year earnings is ($0.17) per share. Atb Cap Markets also issued estimates for Patterson-UTI Energy’s Q1 2026 earnings at $0.05 EPS and FY2026 earnings at $0.32 EPS.

A number of other brokerages have also weighed in on PTEN. Stifel Nicolaus reduced their price target on Patterson-UTI Energy from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, January 6th. Royal Bank of Canada reduced their target price on Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Raymond James cut Patterson-UTI Energy from a “strong-buy” rating to a “market perform” rating in a report on Monday, January 6th. Barclays cut their price objective on shares of Patterson-UTI Energy from $14.00 to $12.00 and set an “overweight” rating on the stock in a report on Wednesday, October 16th. Finally, Citigroup decreased their target price on shares of Patterson-UTI Energy from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. One investment analyst has rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the stock. According to MarketBeat.com, Patterson-UTI Energy currently has an average rating of “Moderate Buy” and a consensus target price of $11.63.

Patterson-UTI Energy Stock Performance

Shares of PTEN opened at $9.23 on Monday. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of -3.74 and a beta of 2.06. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.32 and a current ratio of 1.54. Patterson-UTI Energy has a 1 year low of $7.15 and a 1 year high of $12.65. The company’s 50 day simple moving average is $8.29 and its 200 day simple moving average is $8.41.

Institutional Investors Weigh In On Patterson-UTI Energy

A number of large investors have recently modified their holdings of the stock. EntryPoint Capital LLC acquired a new position in Patterson-UTI Energy during the 4th quarter worth approximately $302,000. KLP Kapitalforvaltning AS acquired a new position in shares of Patterson-UTI Energy during the fourth quarter worth $625,000. AXQ Capital LP boosted its stake in shares of Patterson-UTI Energy by 65.8% in the fourth quarter. AXQ Capital LP now owns 31,070 shares of the oil and gas company’s stock valued at $257,000 after purchasing an additional 12,332 shares during the period. American Century Companies Inc. boosted its stake in shares of Patterson-UTI Energy by 13.5% in the fourth quarter. American Century Companies Inc. now owns 9,636,471 shares of the oil and gas company’s stock valued at $79,597,000 after purchasing an additional 1,144,094 shares during the period. Finally, Sciencast Management LP acquired a new stake in Patterson-UTI Energy during the 4th quarter valued at $85,000. Institutional investors and hedge funds own 97.91% of the company’s stock.

Insiders Place Their Bets

In other Patterson-UTI Energy news, Director James Carl Stewart sold 80,000 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was sold at an average price of $7.36, for a total value of $588,800.00. Following the transaction, the director now directly owns 32,438 shares of the company’s stock, valued at $238,743.68. This trade represents a 71.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.30% of the stock is owned by insiders.

Patterson-UTI Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.08 per share. The ex-dividend date is Monday, March 3rd. This represents a $0.32 dividend on an annualized basis and a yield of 3.47%. Patterson-UTI Energy’s dividend payout ratio (DPR) is -12.96%.

Patterson-UTI Energy Company Profile

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.