PATTERSON UTI ENERGY INC(PTEN)Stock Analysis
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Rank #1,477 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
PTEN Stock Analysis & AI Quality Score
AI stock analysis and institutional research for PATTERSON UTI ENERGY INC (PTEN), a Energy sector company. 13F Pro's AI-powered ranking engine scores PTEN at 50.1/100 on a 32-signal composite quality model, placing it at rank #1,477 of 2,879 stocks — the bottom half of the AI-ranked universe. PTEN scores in the top quartile across revenue scale (77.4). Areas of concern include balance sheet strength (29.6) and earnings quality (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), PATTERSON UTI ENERGY INC reports quarterly revenue of $1.1B, net income of $-24.6M, an operating margin of -1.3%. Top institutional holders of PTEN by reported 13-F value include BlackRock,, VANGUARD PORTFOLIO MANAGEMENT, DIMENSIONAL FUND ADVISORS, based on the most recent SEC filings. PTEN trades on the Nasdaq exchange and files with the SEC under CIK 889900. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PTEN daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for PATTERSON UTI ENERGY INC directly from SEC EDGAR. PATTERSON UTI ENERGY INC's 13F Pro composite quality score has ranged between 22 and 69 since 2021, currently 50.1 — an improving long-term trajectory across 28 quarterly and live scoring snapshots.
Revenue
Q1 2026
$1.1B
Net Income
Q1 2026
$-24.6M
Free Cash Flow
Q1 2026
$-52.8M
Operating Margin
Q1 2026
-1.3%
ROIC
Q1 2026
-0.3%
D/E Ratio
Q1 2026
0.39
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+29.7% YoYNet Income
-492.9% YoYOperating Income
-352.8% YoYEPS (Diluted)
-377.3% YoYTotal Assets
-21.4% YoYTotal Debt
-2.4% YoYOp. Cash Flow
+16.9% YoY| Metric | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|---|
| Revenue | $5.38B +29.7% | $4.15B +205.5% | $1.36B +20.7% | $1.12B -54.5% | $2.47B +4.8% | $2.36B |
| Net Income | $-966.4M -492.9% | $246.0M +137.6% | $-654.5M +18.6% | $-803.7M -88.8% | $-425.7M -7303.1% | $5.9M |
| Operating Income | $-889.7M -352.8% | $352.0M +151.9% | $-677.8M +24.0% | $-892.3M -93.3% | $-461.6M -57.8% | $-292.5M |
| EPS (Diluted) | $-2.44 -377.3% | $0.88 +152.4% | $-1.68 +21.3% | $-2.13 -103.3% | $-1.05 -7100.0% | $0.01 |
| Total Assets | $5.83B -21.4% | $7.42B +150.9% | $2.96B -10.3% | $3.30B -25.7% | $4.44B -22.9% | $5.76B |
| Total Debt | $1.24B -2.4% | $1.27B +48.0% | $858.8M -5.5% | $908.8M -6.8% | $975.0M +12.3% | $868.0M |
| Operating Cash Flow | $1.18B +16.9% | $1.01B +953.4% | $95.5M -65.8% | $278.9M -59.9% | $696.2M +131.5% | $300.7M |
AI Insight: PTEN Financial Trends
Patterson UTI faces sustained operating losses and declining revenue, though debt reduction and positive operating cash flow provide some stability.
• Revenue contracted 17% from Q2 2024 ($1,348M) to Q1 2026 ($1,117M), with no stabilization evident.
• Operating income turned negative in Q3 2024 (−$991M) and remains unprofitable through Q1 2026 (−$14M).
• Total debt decreased from $1,253M (Q2 2024) to $1,221M (Q1 2026); equity fell 31% to $3,159M.
⚠ Operating cash flow declined 68% from Q4 2025 ($398M) to Q1 2026 ($64M) — sharpest drop in two years.
⚠ Net income has been negative in 6 of last 8 quarters; persistent profitability loss despite debt paydown.
AI Insight: PTEN Ratio Trends
Patterson UTI remains unprofitable across all major metrics, with Q1 2026 showing minimal improvement and trailing twelve-month ROIC at −1.7%.
• Operating margin deteriorated from 1.3% in Q1 2025 to −1.3% in Q1 2026, signaling sustained operational pressure.
• Debt-to-equity ratio has crept upward from 0.27 in Q2 2024 to 0.39 in Q1 2026, reflecting balance sheet stress.
• Q4 2025 approached breakeven (−0.0% OpMargin), but Q1 2026 reversion suggests no durable profitability recovery yet.
⚠ TTM ROIC remains deeply negative at −1.7%; sustained negative returns destroy shareholder value.
⚠ Q3 2024 collapse (−73% OpMargin) signals vulnerability to commodity cycles; recovery trajectory remains fragile.
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Available Research
13F Pro tracks comprehensive data for PATTERSON UTI ENERGY INC including:
Top Institutional Holders of PTEN
BlackRock, Inc.
$659.4M60,883,449 shVANGUARD PORTFOLIO MANAGEMENT LLC
$293.1M27,059,558 shDIMENSIONAL FUND ADVISORS LP
$229.7M21,211,576 shVANGUARD CAPITAL MANAGEMENT LLC
$180.0M16,620,808 shAMERICAN CENTURY COMPANIES INC
$177.7M16,406,052 shSourcerock Group LLC
$176.6M16,309,517 shGOLDMAN SACHS GROUP INC
$165.0M15,235,534 shSTATE STREET CORP
$162.3M14,985,593 shInvesco Ltd.
$144.8M13,374,238 shFULLER & THALER ASSET MANAGEMENT, INC.
$132.7M12,253,350 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $659.4M | 60,883,449 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $293.1M | 27,059,558 |
| DIMENSIONAL FUND ADVISORS LP | $229.7M | 21,211,576 |
| VANGUARD CAPITAL MANAGEMENT LLC | $180.0M | 16,620,808 |
| AMERICAN CENTURY COMPANIES INC | $177.7M | 16,406,052 |
| Sourcerock Group LLC | $176.6M | 16,309,517 |
| GOLDMAN SACHS GROUP INC | $165.0M | 15,235,534 |
| STATE STREET CORP | $162.3M | 14,985,593 |
| Invesco Ltd. | $144.8M | 13,374,238 |
| FULLER & THALER ASSET MANAGEMENT, INC. | $132.7M | 12,253,350 |
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Popular Research
Is PTEN a good stock to buy?
13F Pro's AI-powered analysis of PATTERSON UTI ENERGY INC (PTEN) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Energy sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PTEN are available on the PTEN stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own PTEN?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PTEN. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of PATTERSON UTI ENERGY INC's investment landscape.