Patterson-UTI Energy, Inc. (PTEN)

From the record

Patterson-UTI Energy, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Patterson-UTI Energy, Inc.'s 10 filed years say what it did: revenue went from $916 million in fiscal 2016 to $4.8 billion in fiscal 2025, up 20.2% a year; it rose in 6 of 9 years; the deepest fall was 66% from fiscal 2018 to fiscal 2020; net income was positive in 3 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Patterson-UTI Energy, Inc.'s diluted share count grew about 20.4% a year, and dividends and buybacks returned about 29% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 18 sales (1 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Patterson-UTI Energy, Inc. lost about 3 cents for every dollar of shareholders' money. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count shrank 3.5% over the year (the filed statements).

From the record

Patterson-UTI Energy, Inc.'s standing among 11 graded names in its industry family: revenue of $4.8 billion in fiscal 2025 ranks in the top 6% by size; a net margin of -2% ranks in the bottom 41%; revenue growth of 23.1% a year over the last 3 filed years ranks in the top 23% (its annual reports).

From the record

Patterson-UTI Energy, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Hendricks, William Andrew Jr (President & CEO, as filed), filing under that title since 2012-10-02, 14.1 years (top 21% of its family); the 15 officers and directors filing in the last fifteen months have been on the record a median of 8.6 years (bottom 42%); 6 officer or director changes were reported on Form 8-K since 2023-11-13, against the 15 people in charge now (bottom 28%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Patterson-UTI Energy, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $419 million against debt of $1.2 billion leaves -14.5% of its assets as net cash, top 32% of its family; cash from operations less capital spending is 7.8% of revenue (bottom 32%) (its annual report).

From the record

Patterson-UTI Energy, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew 23.1% a year over the last three filed years against 20.2% over all 10, speeding up (top 50% of its family); the newest year grew -9.8% (bottom 14%); capital spending grew 10.5% a year (bottom 36%) (its annual reports). Patterson-UTI Energy, Inc. reported 4 lines of business in fiscal 2025: Completion Services at $2.9 billion (60%), Drilling Services at $1.6 billion (32%), Drilling Products at $344 million (7%), and 1 more; 0 of 4 grew against the year before (its annual report).

From the record

Patterson-UTI Energy, Inc.'s newest year against its own record: revenue of $4.8 billion in fiscal 2025 came in 37.3% below the $7.6 billion its prior three years' pace pointed to (bottom 5% of its family); net income of $94 million against a prior three-year average of $189 million (top 32%); a net margin of -2% against -2% before (top 32%) (its annual reports).