Patterson-UTI Energy, Inc. (PTEN) Guidance & Earnings Results
On 2026-07-30 Patterson-UTI Energy, Inc. raised guidance: "Q3 2026: Drilling Services adj. gross profit ~$145M; Completion Services adj. gross profit ~$140M; Drilling Products adj. gross profit ~$40M; G&A ~$70M; DD&A ~$225M. FY2026 capex ~$600M…" — from its own filing, as read by EquiReason.
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
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- Market cap
- 4.6B
- P/E TTM
- —
- Dividend yield
- 3.0%
- 52-week
- —
- Next earnings
- 28 Oct, in 4 days
What management guided
each earnings 8-K · figures checked against the filing text| Release | Direction | What they said |
|---|---|---|
| 30 Jul 26 | Raised | Q3 2026: Drilling Services adj. gross profit ~$145M; Completion Services adj. gross profit ~$140M; Drilling Products adj. gross profit ~$40M; G&A ~$70M; DD&A ~$225M. FY2026 capex ~$600M (unchanged). |
| 23 Apr 26 | Mixed | Q2 Drilling Services avg ~90 rigs, adj. gross profit ~$130M; Completion Services adj. gross profit ~$105M |
| 5 Feb 26 | Lowered | Q1 2026 Drilling Services adjusted gross profit down <5%, Completion Services ~$95M |
| 5 Jan 26 | Mixed | 93 rigs; <$500M capex; strong Q4 FCF · full year |
| 23 Oct 25 | Lowered | Completion Services adjusted gross profit expected ~$85M in Q4 2025 |
| 24 Jul 25 | Mixed | Q3 avg rig count mid-90s (from 104 in Q2); Drilling Services adj gross profit ~$130M (from $149M in Q2); Completion steady; FY2025 capex <$600M (reduced). |
Patterson-UTI Energy, Inc. — questions
- What guidance did Patterson-UTI Energy, Inc. give?
- On 2026-07-30: "Q3 2026: Drilling Services adj. gross profit ~$145M; Completion Services adj. gross profit ~$140M; Drilling Products adj. gross profit ~$40M; G&A ~$70M; DD&A ~$225M. FY2026 capex ~$600M (unchanged)."
- When does Patterson-UTI Energy, Inc. report earnings?
- Patterson-UTI Energy, Inc.'s next earnings report is expected on 2026-10-28.
Every figure on this page comes from Patterson-UTI Energy, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.