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Patterson Uti Energy Inc. (PTEN) Stock Fundamental Analysis & AI Rating 2026

PTEN Nasdaq Drilling Oil & Gas Wells DE CIK: 0000889900
Recently Updated • Analysis: Apr 14, 2026 • SEC Data: 2025-12-31
SELL
78% Conf
Pending
Analysis scheduled

📊 PTEN Key Takeaways

Revenue: $4.8B
Net Margin: -1.9%
Free Cash Flow: $372.2M
Current Ratio: 1.64x
Debt/Equity: 0.38x
EPS: $-0.24
AI Rating: SELL with 78% confidence
Patterson Uti Energy Inc. (PTEN) receives a SELL rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.8B, net profit margin of -1.9%, and return on equity (ROE) of -2.9%, Patterson Uti Energy Inc. demonstrates mixed fundamentals in the Energy sector. Below is our complete PTEN stock analysis for 2026.

Is Patterson Uti Energy Inc. (PTEN) a Good Investment?

Claude

PTEN is unprofitable with negative operating income (-$40.8M) and deteriorating net income (-$93.6M), destroying shareholder value (ROE -2.9%, ROA -1.7%) with minimal revenue growth of 0.7% YoY. While strong free cash flow generation ($372.2M) and a solid balance sheet provide some resilience, the combination of operational losses, negative returns, and stagnant growth in a cyclical industry signals elevated risk outweighs speculative recovery potential.

Why Buy Patterson Uti Energy Inc. Stock? PTEN Key Strengths

Claude
  • + Strong operating cash flow of $961.2M and positive free cash flow of $372.2M despite net losses
  • + Solid balance sheet with moderate leverage (Debt/Equity 0.38x) and $418.5M cash reserves
  • + Healthy liquidity position with Current Ratio 1.64x and Quick Ratio 1.46x

PTEN Stock Risks: Patterson Uti Energy Inc. Investment Risks

Claude
  • ! Currently unprofitable with negative operating income (-$40.8M) and net income (-$93.6M) with deteriorating trend
  • ! Negative returns on equity (-2.9%) and assets (-1.7%) indicating shareholder value destruction
  • ! Stagnant revenue growth (0.7% YoY) combined with declining profitability; negative interest coverage (-2.2x) unable to cover debt service from earnings

Key Metrics to Watch

Claude
  • * Path to profitability - when will operating income turn positive
  • * Revenue growth acceleration and operating margin expansion
  • * Return on equity (ROE) trajectory - critical to monitor value creation/destruction

Patterson Uti Energy Inc. (PTEN) Financial Metrics & Key Ratios

Revenue
$4.8B
Net Income
$-93.6M
EPS (Diluted)
$-0.24
Free Cash Flow
$372.2M
Total Assets
$5.6B
Cash Position
$418.5M

💡 AI Analyst Insight

Patterson Uti Energy Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

PTEN Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin -0.8%
Net Margin -1.9%
ROE -2.9%
ROA -1.7%
FCF Margin 7.7%

PTEN vs Energy Sector: How Patterson Uti Energy Inc. Compares

How Patterson Uti Energy Inc. compares to Energy sector averages

Net Margin
PTEN -1.9%
vs
Sector Avg 12.0%
PTEN Sector
ROE
PTEN -2.9%
vs
Sector Avg 14.0%
PTEN Sector
Current Ratio
PTEN 1.6x
vs
Sector Avg 1.3x
PTEN Sector
Debt/Equity
PTEN 0.4x
vs
Sector Avg 0.6x
PTEN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Patterson Uti Energy Inc. Stock Overvalued? PTEN Valuation Analysis 2026

Based on fundamental analysis, Patterson Uti Energy Inc. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
-2.9%
Sector avg: 14%
Net Profit Margin
-1.9%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.38x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Patterson Uti Energy Inc. Balance Sheet: PTEN Debt, Cash & Liquidity

Current Ratio
1.64x
Quick Ratio
1.46x
Debt/Equity
0.38x
Debt/Assets
42.1%
Interest Coverage
-2.23x
Long-term Debt
$1.2B

PTEN Revenue & Earnings Growth: 5-Year Financial Trend

PTEN 5-year financial data: Year 2021: Revenue $2.5B, Net Income -$425.7M, EPS $-2.10. Year 2022: Revenue $2.6B, Net Income -$803.7M, EPS $-4.27. Year 2023: Revenue $4.1B, Net Income -$654.5M, EPS $-3.36. Year 2024: Revenue $5.3B, Net Income $154.7M, EPS $0.70. Year 2025: Revenue $5.3B, Net Income $246.3M, EPS $0.88.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Patterson Uti Energy Inc.'s revenue has grown significantly by 115% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.88 reflects profitable operations.

PTEN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
7.7%
Free cash flow / Revenue

PTEN Quarterly Earnings & Performance

Quarterly financial performance data for Patterson Uti Energy Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.2B -$36.4M $-0.10
Q2 2025 $1.2B $11.1M $0.03
Q1 2025 $1.3B $1.0M $0.00
Q3 2023 $727.5M $50.0K $0.00
Q2 2023 $622.2M -$6.9M $-0.03
Q1 2023 $509.4M -$28.8M $-0.13
Q3 2022 $357.9M $21.9M $0.25
Q2 2022 $291.8M -$6.9M $-0.03

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Patterson Uti Energy Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$961.2M
Cash generated from operations
Stock Buybacks
$69.6M
Shares repurchased (TTM)
Capital Expenditures
$589.0M
Investment in assets
Dividends Paid
$122.5M
Returned to shareholders

PTEN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Patterson Uti Energy Inc. (CIK: 0000889900)

📋 Recent SEC Filings

Date Form Document Action
Apr 13, 2026 DEF 14A pten-20260413.htm View →
Mar 18, 2026 4 xslF345X06/wk-form4_1773865767.xml View →
Mar 6, 2026 4 xslF345X05/wk-form4_1772831415.xml View →
Feb 17, 2026 4 xslF345X05/wk-form4_1771362133.xml View →
Feb 10, 2026 10-K pten-20251231.htm View →

Frequently Asked Questions about PTEN

What is the AI rating for PTEN?

Patterson Uti Energy Inc. (PTEN) has an AI rating of SELL with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are PTEN's key strengths?

Claude: Strong operating cash flow of $961.2M and positive free cash flow of $372.2M despite net losses. Solid balance sheet with moderate leverage (Debt/Equity 0.38x) and $418.5M cash reserves.

What are the risks of investing in PTEN?

Claude: Currently unprofitable with negative operating income (-$40.8M) and net income (-$93.6M) with deteriorating trend. Negative returns on equity (-2.9%) and assets (-1.7%) indicating shareholder value destruction.

What is PTEN's revenue and growth?

Patterson Uti Energy Inc. reported revenue of $4.8B.

Does PTEN pay dividends?

Patterson Uti Energy Inc. pays dividends, with $122.5M distributed to shareholders in the trailing twelve months.

Where can I find PTEN SEC filings?

Official SEC filings for Patterson Uti Energy Inc. (CIK: 0000889900) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is PTEN's EPS?

Patterson Uti Energy Inc. has a diluted EPS of $-0.24.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is PTEN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Patterson Uti Energy Inc. has a SELL rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is PTEN stock overvalued or undervalued?

Valuation metrics for PTEN: ROE of -2.9% (sector avg: 14%), net margin of -1.9% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy PTEN stock in 2026?

Our dual AI analysis gives Patterson Uti Energy Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is PTEN's free cash flow?

Patterson Uti Energy Inc.'s operating cash flow is $961.2M, with capital expenditures of $589.0M. FCF margin is 7.7%.

How does PTEN compare to other Energy stocks?

Vs Energy sector averages: Net margin -1.9% (avg: 12%), ROE -2.9% (avg: 14%), current ratio 1.64 (avg: 1.3).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 14, 2026 | Data as of: 2025-12-31 | Powered by Claude AI