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Forecast

The analysts' average price target is €12.11 (+1.51%). The median is €11.60 (-2.77%).

Buy	29
Hold	18
Sell	6

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Patterson-UTI Energy reaches 52-week high at 13.08 USD

Shares of Patterson-UTI Energy traded at 13.08 USD as a new 52-week high and are currently only about 1% below that level. Year to date the stock is up 133%, up 47% in six months and nearly 10% in the past week. In the second quarter revenue climbed 10% to 1.23 billion USD and beat expectations, while adjusted earnings amounted to a loss of 5 cents per share. Several analysts raised estimates, Piper Sandler reiterated overweight with a 14.00 USD price target; the company emphasized its focus on free cash flow and growth in drilling and completion services. » More on de.investing.com
Patterson-UTI operates an average of 95 active drilling rigs in June

Patterson-UTI reports an average of 95 revenue-generating drilling rigs in the U.S. for June; the quarterly average for the period ending June 30 was 92 rigs. The company says it will regularly publish the number of active rigs shortly after month-end. The stock has been volatile (weekly loss 9.3%) but is up 44.7% year-to-date; market capitalization is $3.23 billion and dividend yield 4.62%. » More on de.investing.com
Patterson-UTI Energy price target raised to $10 after stronger-than-expected Q1

Barclays raised its price target on Patterson-UTI Energy from $8 to $10 while maintaining an Equal Weight rating after the company beat Q1 2026 revenue and earnings estimates. Management signaled near-term rig additions and expects an average rig count of about 90 in Q2, with Drilling Services adjusted gross profit targeted near $130 million. Barclays anticipates this will lift completion activity by Q3. Patterson-UTI also declared a quarterly dividend of $0.10 per share, implying a roughly 3.46% annual yield. » More on finance.yahoo.com

Historical dividends Dividends

All dividend metrics All metrics

In 2026, Patterson-UTI Energy has already paid €0.26 in dividends. The last payout was in September.

Financials

In the last quarter, Patterson-UTI Energy had revenue of €1.18bn and net profit of €25.03m

(EUR)	September 2026	YoY
Revenue	1.18bn	18.25%
Gross profit	55.86m	15.98%
Net profit	25.03m	180.70%
EBITDA	254.88m	49.52%

Fundamentals

Metric	Value
Market capitalization	€4.29bn
Number of shares	381.38m
52-week high/low	€11.95 - €4.68
Dividend yield	2.76%
Dividends TTM	€0.33
Beta	0.67
P/E ratio	-192.16
PEG ratio	-1.73
P/B ratio	1.56
P/S ratio	0.99

Company profile

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

Name	Patterson-UTI Energy
CEO	William Andrew Hendricks Jr.
Headquarters	Houston, tx USA
Website	patenergy.com
Sector	Energy
Industry	Oil, Gas & Consumable Fuels
IPO	02/11/1993
Employees	7,900