Patterson-UTI Energy Inc (PTEN) is a publicly traded Energy sector company. As of May 21, 2026, PTEN trades at $12.42 with a market cap of $4.88B and a P/E ratio of -5.04. PTEN moved -3.50% today. Year to date, PTEN is +80.85%; over the trailing twelve months it is +110.27%. Its 52-week range spans $5.10 to $13.08. Analyst consensus is buy with an average price target of $12.00. Rallies surfaces PTEN's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.
Barclays Sees Strongest Energy Services Cycle in 20 Years, Picks Parker Drilling: Barclays projects double-digit growth in energy services capital spending for 2026, driven by a 15% increase in rig utilization and accelerating offshore project awards. The bank identifies Parker Drilling among its three top preferred stocks, alongside multi-service giants, based on improved pricing power and robust demand outlook.
| Metric | Value |
|---|---|
| Price | $12.42 |
| Market Cap | $4.88B |
| P/E Ratio | -5.04 |
| EPS | $-2.44 |
| Dividend Yield | 0.10% |
| 52-Week High | $13.08 |
| 52-Week Low | $5.10 |
| Volume | 120 |
| Avg Volume | 0 |
| Revenue (TTM) | $5.38B |
| Net Income | $-966.40M |
| Gross Margin | 0.00% |
11 analysts cover PTEN: 0 strong buy, 7 buy, 3 hold, 1 sell, 0 strong sell. Consensus rating is buy. Average price target: $12.00.