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Patterson-UTI Energy, Inc. (PTEN) is an energy company in the petroleum extraction enhancement operations industry, based in Houston, United States, with about 7,900 full-time employees.
It reported revenue of $4.83 billion for fiscal year 2025, down 10.3% from fiscal year 2024, and net income of -$93.64 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $1.23 billion, up 0.7% from a year before. Its largest business segment, Completion Services, brought in 60% of segment revenue in fiscal year 2025; United States was the largest region with 97%. Its market capitalization was $4.29 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
, 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.
Patterson-UTI Energy reported $4.83 billion in revenue for fiscal year 2025, down 10.3% from $5.38 billion in fiscal year 2024. In Q2 2026 revenue was $1.23 billion.
Completion Services, with $2.89 billion or 60% of segment revenue in fiscal year 2025. Next: Drilling Services (32%) and Drilling Products (7%).
United States: 97% of revenue by region in fiscal year 2025, followed by Other Countries (2%).
$4.29 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (petroleum extraction enhancement operations) include Liberty Energy Inc. (LBRT), Select Water Solutions, Inc. (WTTR), Atlas Energy Solutions Inc. (AESI), ProPetro Holding Corp. (PUMP).