Craft

Patterson-UTI

Stock Price

$7.8

2024-10-29

Market Capitalization

$3.1 B

2024-10-29

Revenue

$4.8 B

FY, 2025

Patterson-UTI Summary

Company Summary

Overview
Patterson-UTI Energy is an oilfield services company that provides drilling and pressure pumping, directional drilling, rental equipment, and technology services. It designs, manufactures, and services rig components, as well as supplies drilling analytics software, rental equipment, electrical equipment, automation software, and field support. The company caters to the oil and gas industry.
Type
Public
Status
Active
Founded
1978
HQ
Houston, TX, US | view all locations
Website
https://patenergy.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • William A. Hendricks, Jr.

    William A. Hendricks, Jr., President, Chief Executive Officer & Director

  • C. Andrew Smith

    C. Andrew Smith, Executive Vice President and Chief Financial Officer

  • Kenneth N. Berns

    Kenneth N. Berns, Executive Vice President and Chief Commercial Officer

    • James M. Holcomb

      James M. Holcomb, Executive Vice President and Chief Business Officer

      Operating MetricsView all

      Backlog

      $407M
      22.8%

      Q1, 2025

      Pressure Pumps (Other Pumping Equipment)

      21

      FY, 2022

      Wells Drilled Yearly

      2.4K
      6.1%

      FY, 2024

      LocationsView all

      22 locations detected

      • Houston, TX HQ

        United States

        10713 W. Sam Houston Pkwy N, Suite 800

      • Boulder, WY

        United States

        3 Larry Lozier Rd

      • Cleburne, TX

        United States

        3205 Windmill Rd

      • Conroe, TX

        United States

        3335 Pollok Dr

      • Denver, CO

        United States

        1660 Wynkoop St #1100

      • El Reno, OK

        United States

        3400 S Radio Rd

      and 16 others

      Patterson-UTI Financials

      Summary Financials

      Revenue (Q1, 2026)
      $1.1B
      Net income (Q1, 2026)
      ($24.5M)
      Cash (Q1, 2026)
      $335.1M
      EBIT (Q1, 2026)
      ($14.3M)
      Enterprise value
      $4.1B

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