Why PTEN rose this week
Up 11% over the five sessions to Oct 30 while the S&P 500 fell 0.6%.
- It reported quarterly revenue of $1.34B and diluted EPS of $0.07 on Oct 28.
PTEN's Quality Score fell 2 points on Mon, Nov 2, to 13.
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Up 11% over the five sessions to Oct 30 while the S&P 500 fell 0.6%.
| The chart | Stronger than 87% of stocks |
| Latest filing | 8-K, Oct 29 |
TodayOil and tanker stocks fell together: “Oil Prices Slide And Energy Stocks Follow Lower”
After its last 4 reports it closed +3.0% on average, higher 4 of 4 times.
Above Averagefor quality, not price, 8 of 14 chart checks firingWhat the Quality Score means
Well above its recent run. PTEN scores 13 today, against a median of 8 over its last 20 recorded sessions.
PTEN is #14 of 88 by Quality Score.
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Share count against a year before: PTEN -1.3%, RIG +26%, RES +1.3%, HP +0.5%.
Expected to report Wed Feb 3, after the close (in 93 days). Expected.
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $1.3B; a profit of $0.07 a share.
PTEN's results filing gives no sales by line in a table we read.
| Measure | Figure |
|---|---|
| Drilling Services adjusted gross profit | $150M |
“We expect free cash flow to remain strong in the fourth quarter and increase meaningfully in 2027 compared with 2026.”
From its results filing (SEC filing · Oct 28)
Sales grew 22% a year over 3 years, fiscal 2022 to 2025.
Pays $0.40 a share a year.
| Reported | Gap | Reaction | 5 sessions |
|---|---|---|---|
| Oct 28, 2026 | 0.0% | +0.7% | open |
| Jul 29, 2026 | +0.3% | +5.6% | +2.3% |
| Apr 22, 2026 | -7.1% | +3.0% | +14.3% |
Sales grew in two of the last three years, to $4.8B in 2025. It made a profit in two of the four years.
Its dividends come to 86% of its free cash flow.
| Dividend | $0.40 a share a year |
| Paid out | About $152M a year |
| Free cash flow | $178M |
| Record | Raised in the last year |
6 insiders sold $13.9M across 8 filings in the last 6 months. No open-market buys on record. The newest:
2 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: PTEN is under 0.1% of VYM and under 0.1% of VTI, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Jul 31, 2026.
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
“The businesses in which we operate are highly competitive.”
PTEN scores 13 today, which Breakaway calls Above Average. It is #14 of 88 in Oil & Gas by Quality Score, with 8 of 14 chart checks firing. Up 11% over the five sessions to Oct 30 while the S&P 500 fell 0.6%. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
PTEN scores 13 today, which Breakaway calls Above Average (11 to 14). That is #14 of 88 in Oil & Gas by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind PTEN's 13.
6 insiders sold $13.9M across 8 filings in the last 6 months. No open-market buys on record. The newest is William Andrew Hendricks Jr., President & CEO, who sold $3.2M on Sep 2. Every filing, with the scored weight, for Pro members.
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