PTEN

PATTERSON UTI ENERGY INC

Nasdaq · Drilling Oil & Gas Wells · Inc. DE · CIK 0000889900
$11.49 0.00% $4.4B
Insider Selling Cluster (3 insiders)26 New Institutional Positions15 Institutional Exits
Vol
Market Cap$4.4B
Cap SizeMid Cap
Analyst ConsensusBuy (59%)
Inst. Holders50 funds
Inst. Value$2.9B
Inst. Activity26 buys / 15 sells
Insider Activity0B / 10S
Insider Net $-$17.0M
Reddit Sentiment75° Bullish
SEC Reports9
Exchange Nasdaq·Sector Drilling Oil & Gas Wells·Inc. DE·CIK 0000889900·Prev Close $11.49

Recent Activity

Jun 12, 2026 short_volume
Short Volume: PTEN — 66.6% short (1.9M / 2.9M)
Short: 1,906,921 | Exempt: 4,775 | TRF Vol: 2,862,791 | Short Ratio: 66.6% | Off-exchange volume (da
Jun 11, 2026 SEC
Six major institutional holders reduced or exited their PTEN positions during 2025-Q3, selling a combined $78.9M in valu
INST-CLUSTER — Impact 5/10
Jun 10, 2026 SEC
2.3M open-market sale by CEO Hendricks and a 164K sale by CAO Robinson. At a $4.4B market cap, the combined insider sell
CLUSTER — Impact 3/10
Jun 9, 2026 Insider
Robinson Forrest C surrendered for taxes 5,749 shares
Chief Accounting Officer @ $11.90 ($68.4K)
Jun 9, 2026 Insider
Robinson Forrest C was granted 20,833 shares
Chief Accounting Officer
Jun 8, 2026 Insider
Robinson Forrest C sold 13,670 shares
Chief Accounting Officer @ $12.01 ($164.2K)
Jun 4, 2026 SEC
Patterson-UTI Energy filed an 8-K reporting stockholder approval to increase the 2021 Long-Term Incentive Plan share res
8-K — Impact 5/10
Inst.
Invesco Ltd. — DOUBLED
13,374,238 shares ($144.8M)

Price Targets

$13.18 +14.7% upside Buy
Current $11.49 Low $8.00 Median $13.25 High $19.00 14 analysts
$8.00 $19.00

Analyst Ratings

Hold59% buy · 22 analysts
4Strong Buy
9Buy
7Hold
2Sell
0Strong Sell
Recent Analyst Actions
DateFirmActionRating
Jun 4, 2026 Goldman Sachs MAINTAIN Buy → Buy
May 29, 2026 RBC Capital MAINTAIN Outperform → Outperform
May 27, 2026 Piper Sandler MAINTAIN Neutral → Neutral
May 27, 2026 Susquehanna MAINTAIN Positive → Positive
May 8, 2026 Barclays UPGRADE Equal-Weight → Overweight

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $-0.05 ▲ +24.9% $-0.06 — $-0.04 60% YoY 7
Next Q $0.01 ▲ +129.7% $-0.03 — $0.06 107% YoY 7
Current FY $-0.15 ▲ +15.6% $-0.21 — $-0.08 37% YoY 5
Next FY $0.14 ▲ +229.8% $-0.25 — $0.60 191% YoY 9

Top Institutional Holders

FundValueMove
BlackRock, Inc.$659.4M
VANGUARD PORTFOLIO MANAGEMENT LLC$293.1M
DIMENSIONAL FUND ADVISORS LP$229.7M
VANGUARD CAPITAL MANAGEMENT LLC$180.0M
GOLDMAN SACHS GROUP INC$165.0M

Recent Insider Trades

DateInsiderTypeValue
Jun 9, 2026Robinson ForrestF$68.4K
Jun 9, 2026Robinson ForrestA$0.00
Jun 8, 2026Robinson ForrestSELL$164.2K
Jun 5, 2026Hendricks WilliamSELL$2.3M
May 28, 2026Holcomb JamesSELL$1.7M

Reddit Sentiment

75°
Bullish
Bearish Neutral Bullish
4 mentions 4 bullish 0 bearish
50 institutional holders with $2.9B total value (267,976,776 shares) as of 2026-Q1. Top holders: BlackRock,, VANGUARD, DIMENSIONAL. Net buying activity: 26 institutions added/increased vs 15 reduced.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.60,883,449$659.4M22.7%
2VANGUARD PORTFOLIO MANAGEMENT LLC27,059,558$293.1M10.1%
3DIMENSIONAL FUND ADVISORS LP21,211,576$229.7M7.9%
4VANGUARD CAPITAL MANAGEMENT LLC16,620,808$180.0M6.2%
5GOLDMAN SACHS GROUP INC15,235,534$165.0M5.7%
6STATE STREET CORP14,985,593$162.3M5.6%
7Invesco Ltd.13,374,238$144.8M5.0%DOUBLED +125.0%
8FULLER & THALER ASSET MANAGEMENT, INC.12,253,350$132.7M4.6%TRIM -25.4%
9Blackstone Inc.7,139,404$77.3M2.7%TRIM -74.6%
10MORGAN STANLEY6,899,740$74.7M2.6%
11NOMURA ASSET MANAGEMENT INTERNATIONAL INC.6,697,154$72.5M2.5%
12VICTORY CAPITAL MANAGEMENT INC4,864,652$52.7M1.8%DOUBLED +102.6%
13BANK OF AMERICA CORP /DE/4,855,166$52.6M1.8%
14CHARLES SCHWAB INVESTMENT MANAGEMENT INC4,418,612$47.9M1.6%
15RENAISSANCE TECHNOLOGIES LLC4,128,099$44.7M1.5%TRIM -28.0%
16Nuveen, LLC3,649,361$39.5M1.4%ADD +27.4%
17TWO SIGMA INVESTMENTS, LP3,584,254$38.8M1.3%
18Allspring Global Investments Holdings, LLC3,199,449$33.1M1.1%
19Holocene Advisors, LP2,858,245$31.0M1.1%TRIM -65.5%
20SCHRODER INVESTMENT MANAGEMENT GROUP2,674,369$29.6M1.0%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
Invesco Ltd.DOUBLED5,943,97713,374,238+125.0%$144.8M2026-Q1
FULLER & THALER ASSET MANAGEMENT, INC.TRIM16,432,95512,253,350-25.4%$132.7M2026-Q1
Blackstone Inc.TRIM28,061,5267,139,404-74.6%$77.3M2026-Q1
VICTORY CAPITAL MANAGEMENT INCDOUBLED2,400,9084,864,652+102.6%$52.7M2026-Q1
RENAISSANCE TECHNOLOGIES LLCTRIM5,729,6994,128,099-28.0%$44.7M2026-Q1
Holocene Advisors, LPTRIM8,288,3662,858,245-65.5%$31.0M2026-Q1
DRIEHAUS CAPITAL MANAGEMENT LLCNEW2,559,637$27.7M2026-Q1
FRANKLIN RESOURCES INCDOUBLED344,6681,653,850+379.8%$17.9M2026-Q1
VOLORIDGE INVESTMENT MANAGEMENT, LLCNEAR_EXIT5,206,7111,143,446-78.0%$12.4M2026-Q1
Alyeska Investment Group, L.P.NEW1,060,226$11.5M2026-Q1
SEI INVESTMENTS CODOUBLED258,070967,160+274.8%$10.5M2026-Q1
Point72 Asset Management, L.P.NEAR_EXIT4,980,180778,872-84.4%$8.4M2026-Q1
Trexquant Investment LPADD532,097758,210+42.5%$8.2M2026-Q1
Russell Investments Group, Ltd.TRIM1,075,717594,454-44.7%$6.4M2026-Q1
FIRST TRUST ADVISORS LPDOUBLED164,924568,107+244.5%$6.2M2026-Q1
Pictet Asset Management Holding SADOUBLED60,517475,726+686.1%$5.2M2026-Q1
BALYASNY ASSET MANAGEMENT L.P.ADD311,974417,115+33.7%$4.5M2026-Q1
FIFTH THIRD BANCORPDOUBLED4,041364,543+8921.1%$3.9M2026-Q1
STRS OHIODOUBLED137,500322,100+134.3%$3.5M2026-Q1
GREAT LAKES ADVISORS, LLCDOUBLED27,780321,950+1058.9%$3.5M2026-Q1
CANADA PENSION PLAN INVESTMENT BOARDDOUBLED108,400220,400+103.3%$2.4M2026-Q1
Brevan Howard Capital Management LPADD109,865204,933+86.5%$2.2M2026-Q1
Mariner, LLCADD81,598138,209+69.4%$1.5M2026-Q1
BANK OF MONTREAL /CAN/NEAR_EXIT1,572,709137,736-91.2%$1.5M2026-Q1
AmundiDOUBLED14,867110,955+646.3%$1.2M2026-Q1
9 unique insiders with 47 transactions. Net insider value: -$17.0M ($0.00 bought, $17.0M sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 9, 2026Robinson Forrest CChief Accounting OfficerTAX W/H5,749$11.90$68.4K
Jun 9, 2026Robinson Forrest CChief Accounting OfficerAWARD20,833
Jun 8, 2026Robinson Forrest CChief Accounting OfficerSELL13,670$12.01$164.2K
Jun 5, 2026Hendricks William Andrew JRPresident & CEOSELL200,000$11.64$2.3M
May 28, 2026Holcomb James MichaelEVP & Chief Operating OfficerSELL150,000$11.47$1.7M
May 9, 2026Smith Charles AndrewEVP & Chief Financial OfficerTAX W/H13,016$11.42$148.6K
May 9, 2026Holcomb James MichaelEVP & Chief Operating OfficerTAX W/H12,395$11.42$141.6K
May 9, 2026Hendricks William Andrew JRPresident & CEOTAX W/H48,952$11.42$559.0K
May 9, 2026BERNS KENNETH NExecutive Vice PresidentTAX W/H12,096$11.42$138.1K
May 9, 2026Wexler Seth DavidEVP, General Counsel&SecretaryTAX W/H10,363$11.42$118.3K
May 5, 2026Jaime CesarDirectorSELL10,000$12.29$122.9K
May 5, 2026Hendricks William Andrew JRPresident & CEOTAX W/H31,677$12.29$389.3K
May 5, 2026BERNS KENNETH NExecutive Vice PresidentTAX W/H12,680$12.29$155.8K
May 5, 2026Holcomb James MichaelEVP & Chief Operating OfficerTAX W/H9,741$12.29$119.7K
May 5, 2026Wexler Seth DavidEVP/General Counsel/SecretaryTAX W/H8,185$12.29$100.6K
May 5, 2026Smith Charles AndrewEVP & Chief Financial OfficerTAX W/H11,943$12.29$146.8K
May 4, 2026Drummond Robert Wayne JrDirectorSELL61,475$12.02$738.9K
May 1, 2026Wexler Seth DavidEVP/General Counsel/SecretaryTAX W/H11,438$12.22$139.8K
May 1, 2026Wexler Seth DavidEVP/General Counsel/SecretaryEXERCISE20,600
May 1, 2026Wexler Seth DavidEVP/General Counsel/SecretaryD20,600$10.80$222.5K
May 1, 2026Holcomb James MichaelEVP & Chief Business OfficerTAX W/H13,665$12.22$167.0K
May 1, 2026Holcomb James MichaelEVP & Chief Business OfficerEXERCISE22,900
May 1, 2026Holcomb James MichaelEVP & Chief Business OfficerD22,900$10.80$247.3K
May 1, 2026BERNS KENNETH NExecutive Vice PresidentTAX W/H11,157$12.22$136.3K
May 1, 2026BERNS KENNETH NExecutive Vice PresidentEXERCISE20,033
May 1, 2026BERNS KENNETH NExecutive Vice PresidentD20,033$10.80$216.4K
May 1, 2026Smith Charles AndrewEVP & Chief Financial OfficerTAX W/H14,357$12.22$175.4K
May 1, 2026Smith Charles AndrewEVP & Chief Financial OfficerEXERCISE24,033
May 1, 2026Smith Charles AndrewEVP & Chief Financial OfficerD24,033$10.80$259.6K
May 1, 2026Hendricks William Andrew JRPresident & CEOD97,333$10.80$1.1M
May 1, 2026Hendricks William Andrew JRPresident & CEOTAX W/H53,989$12.22$659.7K
May 1, 2026Hendricks William Andrew JRPresident & CEOEXERCISE97,333
May 1, 2026Hendricks William Andrew JRPresident & CEOSELL250,000$11.85$3.0M
May 1, 2026Drummond Robert Wayne JrDirectorSELL322,699$12.04$3.9M
Apr 30, 2026Wexler Seth DavidEVP/General Counsel/SecretaryAWARD49,300
Apr 30, 2026Wexler Seth DavidEVP/General Counsel/SecretaryAWARD32,900
Apr 30, 2026Holcomb James MichaelEVP & Chief Business OfficerAWARD54,800
Apr 30, 2026Holcomb James MichaelEVP & Chief Business OfficerAWARD36,500
Apr 30, 2026BERNS KENNETH NExecutive Vice PresidentAWARD47,900
Apr 30, 2026BERNS KENNETH NExecutive Vice PresidentAWARD32,000
Apr 30, 2026Smith Charles AndrewEVP & Chief Financial OfficerAWARD57,500
Apr 30, 2026Smith Charles AndrewEVP & Chief Financial OfficerAWARD38,400
Apr 30, 2026Hendricks William Andrew JRPresident & CEOAWARD232,900
Apr 30, 2026Hendricks William Andrew JRPresident & CEOAWARD155,300
Mar 16, 2026Drummond Robert Wayne JrDirectorSELL164,775$10.18$1.7M
Mar 4, 2026CEPAK TIFFANY THOMDirectorSELL12,000$8.86$106.3K
Feb 13, 2026Drummond Robert Wayne JrDirectorSELL400,000$8.17$3.3M

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Hold (59% buy). Based on 22 analysts: 4 strong buy, 9 buy, 7 hold, 2 sell, 0 strong sell.

Analyst Price Targets

$13.18 mean target +14.7% upside Buy (2.20)
$8.00 Low $19.00 High
MetricValue
Current Price$11.49
Target Low$8.00
Target Mean$13.18
Target Median$13.25
Target High$19.00
# Analysts14
RecommendationBuy (2.20)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$-0.05 $-0.06 $-0.04 60.3% +24.9% 2↑ 0↓ $1.1B -6.3% 7
Next Q
2026-09-30
$0.01 $-0.03 $0.06 106.7% +129.7% 2↑ 0↓ $1.2B 1.3% 7
Current FY
2026-12-31
$-0.15 $-0.21 $-0.08 36.6% +15.6% 1↑ 0↓ $4.6B -4.5% 5
Next FY
2027-12-31
$0.14 $-0.25 $0.60 191.2% +229.8% 3↑ 0↓ $4.9B 5.8% 9

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$-0.052
7d ago$-0.060+0.009
30d ago$-0.069+0.017
60d ago$-0.080+0.029
90d ago$-0.080+0.029
8 analyst firms have rated this stock: 1 upgrades, 0 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
Jun 4, 2026 Goldman Sachs MAINTAIN Buy Buy
May 29, 2026 RBC Capital MAINTAIN Outperform Outperform
May 27, 2026 Piper Sandler MAINTAIN Neutral Neutral
May 27, 2026 Susquehanna MAINTAIN Positive Positive
May 8, 2026 Barclays UPGRADE Equal-Weight Overweight
Apr 28, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Apr 27, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Apr 27, 2026 Piper Sandler MAINTAIN Neutral Neutral
Apr 24, 2026 RBC Capital MAINTAIN Outperform Outperform
Apr 24, 2026 Stifel MAINTAIN Buy Buy
Apr 15, 2026 Citigroup MAINTAIN Neutral Neutral
Apr 15, 2026 Morgan Stanley MAINTAIN Equal-Weight Equal-Weight
Apr 15, 2026 Goldman Sachs MAINTAIN Buy Buy
Apr 15, 2026 Piper Sandler MAINTAIN Neutral Neutral
Apr 7, 2026 Susquehanna MAINTAIN Positive Positive
Mar 4, 2026 Goldman Sachs MAINTAIN Buy Buy
Feb 9, 2026 Barclays MAINTAIN Equal-Weight Equal-Weight
Feb 9, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 9, 2026 Piper Sandler MAINTAIN Neutral Neutral
Feb 6, 2026 RBC Capital MAINTAIN Outperform Outperform
Feb 6, 2026 Stifel MAINTAIN Buy Buy

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20264972059%
May 1, 20264882055%
Apr 1, 20264792050%
Mar 1, 20264792050%
Feb 1, 20264882055%
Jan 1, 20264882055%
Strong BuyBuyHoldSellStrong Sell

No congressional trading data available for this ticker. Data is sourced from Senate and House financial disclosure filings.

75°
Bullish
Bearish Neutral Bullish
4 mentions 4 bullish 0 bearish 4 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
May 23, 2026160° Warm101
May 23, 2026160° Warm101
Apr 19, 2026160° Warm101
Apr 19, 2026160° Warm101

Recent Reddit Threads

r/pennystocks Bullish 21d 7h ago
$GNPX Timeline Going Forward
▲ 1 💬 1 ⚡ 0.5
r/pennystocks Bullish 1mo ago
Big Week $GNPX
▲ 1 💬 1 ⚡ 0.5
Jun 12, 2026
short_volume
Short Volume: PTEN — 66.6% short (1.9M / 2.9M)
Short: 1,906,921 | Exempt: 4,775 | TRF Vol: 2,862,791 | Short Ratio: 66.6% | Off-exchange volume (dark pool + OTC)
Jun 11, 2026
short_volume
Short Volume: PTEN — 64.7% short (2.8M / 4.3M)
Short: 2,791,103 | Exempt: 4,824 | TRF Vol: 4,315,224 | Short Ratio: 64.7% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: PTEN — 63.2% short (1.8M / 2.8M)
Short: 1,755,659 | Exempt: 1 | TRF Vol: 2,777,299 | Short Ratio: 63.2% | Off-exchange volume (dark pool + OTC)
Jun 9, 2026
short_volume
Short Volume: PTEN — 71.1% short (2.6M / 3.6M)
Short: 2,575,927 | Exempt: 280 | TRF Vol: 3,622,106 | Short Ratio: 71.1% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: PTEN — 66.2% short (1.7M / 2.6M)
Short: 1,697,286 | Exempt: 1,000 | TRF Vol: 2,563,341 | Short Ratio: 66.2% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: PTEN — 69.6% short (3.2M / 4.6M)
Short: 3,204,983 | Exempt: 1,995 | TRF Vol: 4,607,361 | Short Ratio: 69.6% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: PTEN — 70.3% short (4.0M / 5.7M)
Short: 3,985,597 | Exempt: 13,588 | TRF Vol: 5,667,781 | Short Ratio: 70.3% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: PTEN — 73.0% short (2.7M / 3.7M)
Short: 2,675,089 | Exempt: 135 | TRF Vol: 3,665,523 | Short Ratio: 73.0% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: PTEN — 55.5% short (1.3M / 2.4M)
Short: 1,306,373 | Exempt: 0 | TRF Vol: 2,355,324 | Short Ratio: 55.5% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: PTEN — 64.4% short (2.4M / 3.7M)
Short: 2,373,756 | Exempt: 7,803 | TRF Vol: 3,688,378 | Short Ratio: 64.4% | Off-exchange volume (dark pool + OTC)
May 29, 2026
short_volume
Short Volume: PTEN — 65.5% short (2.0M / 3.1M)
Short: 2,044,685 | Exempt: 6,023 | TRF Vol: 3,123,385 | Short Ratio: 65.5% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: PTEN — 60.8% short (1.3M / 2.2M)
Short: 1,322,925 | Exempt: 934 | TRF Vol: 2,175,779 | Short Ratio: 60.8% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: PTEN — 61.5% short (1.4M / 2.4M)
Short: 1,446,742 | Exempt: 473 | TRF Vol: 2,350,826 | Short Ratio: 61.5% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: PTEN — 74.9% short (3.3M / 4.4M)
Short: 3,284,245 | Exempt: 7,962 | TRF Vol: 4,383,645 | Short Ratio: 74.9% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: PTEN — 60.3% short (1.3M / 2.2M)
Short: 1,312,807 | Exempt: 7,684 | TRF Vol: 2,177,155 | Short Ratio: 60.3% | Off-exchange volume (dark pool + OTC)