OakChart

Patterson-UTI Energy Inc

PTENEnergy·Oil & Gas Drilling·USA·Mid·NASD·Nov 11 • 10:11 AM ET

10.38+0.32 (3.23%)
2026-11-11 16:11 CET
Market cap
3,813.16 USD m
Revenue, TTM
4,838.35 USD m
Net income, TTM
-24.97 USD m
Free cash flow, TTM
265.98 USD m
EPS diluted, TTM
-0.07
P/E
-
Compare

Price

PTEN against its 20, 50 and 200-day averages
2050200beatmiss
8.0010.0012.008.7M17.5MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26PTENclose 10.3820-day 11.4550-day 11.63200-day 10.7010.38

22.5% under 13.39 on 10 Sep 2026. Last 15 sessions, 41.9% high to low

Profile

PTEN
52-week range, 63% of the way up
5.2413.39

Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment represents contract drilling, directional drilling, oilfield technology, and electrical controls and automation businesses. The Completion Services segment offers hydraulic fracturing, wireline and pumping, completion support, cementing, and pressure pumping business. The Drilling Products segment focuses on manufacturing and distribution of drill bits business. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.

IndexRUT
Employees7900
IPONov 02, 1993
Beta0.81
ATR, 14d0.62
Rel volume0.28
Short float7.40%
Insider own2.38%
Inst own114.50%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap3.94B
Enterprise Value4.89B
Income-24.97M
Sales4.84B
Book/sh8.09
Cash/sh0.89
Dividend Est.0.40 (3.86%)
Dividend TTM0.38 (3.66%)
Dividend Ex-DateDec 01, 2026
Dividend Gr. 3/5Y16.96% 26.19%
Payout-
Employees7900
IPONov 02, 1993

Ratios

P/E-
Forward P/E24.49
PEG-
P/S0.81
P/B1.28
P/C11.60
P/FCF14.80
EV/EBITDA5.46
EV/Sales1.01
Quick Ratio1.57
Current Ratio1.73
Debt/Eq0.42
LT Debt/Eq0.41
Option/ShortYes / Yes

Earnings

EPS (ttm)-0.07
EPS next Y0.42
EPS next Q0.06
EPS this Y112.43%
EPS next Y1428.71%
EPS next 5Y-
EPS past 3/5Y- 43.59%
Sales past 3/5Y22.16% 33.83%
EPS Y/Y TTM81.28%
Sales Y/Y TTM0.01%
EPS Q/Q177.60%
Sales Q/Q14.14%
EarningsOct 28 AMC
EPS/Sales Surpr.211.87% 2.43%

Ownership

Insider Own2.38%
Insider Trans-13.35%
Inst Own114.50%
Inst Trans1.12%
ROA-0.45%
ROE-0.79%
ROIC-0.58%
Gross Margin5.91%
Oper. Margin0.36%
Profit Margin-0.52%
SMA20-9.35%
SMA50-10.75%
SMA200-3.02%
Trades-

Technical

Shs Outstand379.42M
Shs Float370.39M
Short Float7.40%
Short Ratio3.60
Short Interest27.42M
52W High13.39 -22.52%
52W Low5.24 98.00%
Volatility6.93% 5.50%
ATR (14)0.62
RSI (14)40.48
Beta0.81
Rel Volume0.28
Avg Volume7.61M
Volume317,648

Performance

Perf Week-2.58%
Perf Month-9.94%
Perf Quarter-4.82%
Perf Half Y-13.54%
Perf YTD69.80%
Perf Year62.36%
Perf 3Y-14.96%
Perf 5Y15.15%
Perf 10Y-52.84%
Recom2.12
Target Price14.80
Prev Close10.05
Price10.38
Change %3.23%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 02, 2026InitiatedUUBSNeutral$13+25.3%
Jul 31, 2026UpgradeJJP MorganUnderweight → Neutral$12+15.7%
Jul 14, 2026UpgradePPiper SandlerNeutral → Overweight$13+25.3%
May 07, 2026UpgradeBBarclaysEqual Weight → Overweight$15+44.6%
Apr 20, 2026UpgradeCCapitalOneEqual Weight → Overweight$12+15.7%
Dec 10, 2025DowngradeJJP MorganNeutral → Underweight$6-42.2%
Oct 13, 2025DowngradeBBarclaysOverweight → Equal Weight$6-42.2%
Jul 15, 2025InitiatedPPiper SandlerNeutral$7-32.5%
May 19, 2025DowngradeCCitigroupBuy → Neutral$6.50-37.3%
Jan 06, 2025DowngradeRRaymond JamesStrong Buy → Mkt Perform

Peers

Mkt cap
TickerCompanyMkt cap
HPHelmerich & Payne Inc3.66B
NBRNabors Industries Ltd1.21B
PDSPrecision Drilling Corp1.17B
LBRTLiberty Energy Inc2.13B
PUMPProPetro Holding Corp847.09M
ACDCProFrac Holding Corp649.26M
HALHalliburton Co26.94B
RESRPC Inc1.21B
WFRDWeatherford International plc6.26B
SLBSLB Ltd75.07B

Insider trading

latest 14 of 34
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Hendricks William Andrew JRPresident & CEOSep 18 '26Sale11.91250,0002,977,5002,042,474Sep 21 05:02 PM
William A. HendricksPresident & CEOSep 18 '26Proposed Sale12.03250,0003,007,500Sep 18 04:35 PM
Drummond Robert Wayne JrDirectorSep 02 '26Sale12.85198,3952,549,376928,773Sep 03 05:46 PM
Drummond Robert Wayne JrDirectorSep 01 '26Sale12.851,60520,6241,127,168Sep 03 05:46 PM
Wexler Seth DavidEVP, General Counsel&SecretarySep 01 '26Sale12.75120,0001,530,000404,582Sep 03 05:45 PM
Hendricks William Andrew JRPresident & CEOSep 02 '26Sale12.93250,0003,232,5002,292,474Sep 03 05:45 PM
William A. HendricksPresident & CEOSep 02 '26Proposed Sale12.79250,0003,197,500Sep 02 05:17 PM
Drummond Robert Wayne JrDirectorSep 02 '26Proposed Sale12.85198,3952,549,550Sep 02 02:03 PM
Drummond Robert Wayne JrDirectorSep 01 '26Proposed Sale12.851,60520,624Sep 01 04:15 PM
Wexler Seth DavidOfficerSep 01 '26Proposed Sale12.75120,0001,530,002Sep 01 01:40 PM
STEWART JAMES CARLDirectorAug 25 '26Sale11.54207,0002,388,7800Aug 26 04:25 PM
James Stewart as Manager of GeDirectorAug 25 '26Proposed Sale11.59207,0002,400,000Aug 25 12:22 PM
Robinson Forrest CChief Accounting OfficerJun 08 '26Sale12.0113,670164,17756,842Jun 10 05:16 PM
Hendricks William Andrew JRPresident & CEOJun 05 '26Sale11.64200,0002,328,0002,542,474Jun 09 04:17 PM

Held by

AUM
TickerCompanyAUM
IJRiShares Core S&P Small-Cap ETFAUM: 106.27B
AVUVAvantis U.S. Small Cap Value ETFAUM: 32.39B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
DFSVUS Small Cap Value Portfolio ETF Class Shares-
DFATU.S. Targeted Value Portfolio-ETF Class Shares-
VBRVanguard Morningstar Small-Cap Value ETFAUM: 37.76B
OIHVanEck Oil Services ETFAUM: 1.76B
VXFVanguard Extended Market Index ETFAUM: 30.47B

News

latest 14 of 206
  • Patterson-UTI Reports Drilling Activity for October 2026 (ACCESSWIRE)
  • Patterson-UTI Misses The Whisper, But Pricing Power And A Rising Fourth-Quarter Outlook Point To A Real Oilfield Recovery (Earnings Whispers)
  • Patterson-UTI: Q3 Earnings Snapshot (Associated Press)
  • Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2026 (ACCESSWIRE)
  • Patterson-UTI Must Prove Its Frac Pricing Recovery Is Real After A 24% Rally (Earnings Whispers)
  • Loading…
  • Patterson-UTI Reports Drilling Activity for September 2026 (ACCESSWIRE)
  • Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast (ACCESSWIRE)
  • Patterson-UTI Reports Drilling Activity for August 2026 (ACCESSWIRE)
  • Patterson-UTI Reports Drilling Activity for July 2026 (ACCESSWIRE) +7.43%
  • Centuri Announces Executive Leadership Changes (Business Wire)
  • Patterson-UTI Energy Inc (PTEN) (Q2 2026) Earnings Call Highlights: Strong Revenue Growth and ... (GuruFocus.com) +5.57% +6.40%
  • Patterson-UTI: Q2 Earnings Snapshot (Associated Press)
  • Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2026 (ACCESSWIRE)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-280.1180.0380.0701,3421,31017
2026Q22026-07-290.002-0.040-0.0521,2281,15516
2026Q12026-04-22-0.070-0.101-0.0651,1171,10216
2025Q42026-02-04-0.036-0.108-0.0241,1511,11015
2025Q32025-10-22-0.059-0.090-0.0951,1761,17215
2025Q22025-07-23-0.126-0.041-0.1281,2191,20317
2025Q12025-04-230.005-0.0420.0031,2811,18215
2024Q42025-02-06-0.116-0.096-0.1331,1621,23614
2024Q32024-10-230.0000.014-2.4991,3571,28917
2024Q22024-07-250.0300.0810.0281,3481,40918
2024Q12024-05-010.1500.1250.1251,5101,51319
2023Q42024-02-140.1900.1840.1481,5841,50719
2023Q32023-11-070.2000.2460.0001,0111,03817
2023Q22023-07-260.4000.4410.405758.89781.7317
2023Q12023-04-260.4600.3540.462791.8756.0415
2022Q42023-02-090.4600.4180.455788.48761.3816

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY-1.072-0.7900.0292,3572,332
2018FY-0.340-0.429-1.4703,3273,321
2019FY-0.943-1.038-2.0972,4712,466
2020FY-2.846-2.265-4.2751,1241,118
2021FY-1.925-1.903-3.3561,3571,326
2022FY0.7200.6460.7052,6482,622
2023FY1.2501.1030.8794,1464,182
2024FY-0.1040.106-2.4375,3785,448
2025FY-0.223-0.289-0.2404,8274,786
2026FY-0.028--5,019
2027FY-0.424--5,488
2028FY-0.611--5,665

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-09141201,3441,2721,420
2026Q4S2026-11-02141201,3361,2721,420
2026Q4S2026-10-31141101,3271,2351,420
2026Q4S2026-10-30141201,3271,2351,420
2026Q4S2026-10-29141101,3201,2351,420
2026Q4S2026-10-2014601,2901,2351,344
2026Q4S2026-10-1914701,2901,2351,344
2026Q4S2026-10-1614701,2871,2351,344
2026Q4S2026-10-1514701,2861,2351,344
2026Q4S2026-10-1414701,2851,2351,344
2026Q4S2026-10-1314801,2851,2351,344
2026Q4S2026-10-12141301,2851,2351,344
2026Q4S2026-10-02141301,2851,2351,344
2026Q4S2026-10-01141301,2821,2351,344

Estimate history

EPS, annual0.029-1.47-2.097-4.275-3.3560.7050.879-2.437-0.244-0.0666
Period201720182019202020212022202320242025TTM
EPS, quarterly-2.499-0.1330.003-0.128-0.095-0.024-0.065-0.0520.074
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual2356.6843326.9972470.6851124.2491357.0812647.5924146.4565377.9114826.6244838.35
Period201720182019202020212022202320242025TTM
Sales, quarterly1357.2221162.1351280.5371219.321175.9541150.8131117.3311227.9671342.234
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual222.456213.614192.036187.626215.14213.567411.195387.345379.302379.419
Period201720182019202020212022202320242025MRQ
Shares, quarterly389.939387.345385.978385.156379.243379.302379.602381.38379.419
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue4,838.354,826.625,377.914,146.462,647.591,357.081,124.252,470.683,327.00
Cost of Goods Sold Incl. D&A4,552.514,596.775,091.743,542.742,330.491,931.131,472.832,777.573,253.01
Gross Profit285.83229.86286.17603.72317.10-574.04-348.58-306.8873.99
Selling, General and Administrative Excl. Other268.29255.07268.34170.80117.5893.75106.63143.04137.51
Research and Development----0.991.373.413.843.44
Other Operating Expense0.000.000.000.000.00-1.500.000.000.00
Operating Income17.55-25.2117.83432.92199.52-666.30-455.21-449.92-63.52
Interest Expense75.5370.5171.9652.8740.2641.9844.3751.1851.58
Unusual Expense0.011.02918.2898.081.7212.82431.4838.35292.35
Net Income Before Taxes-23.98-102.99-956.95307.10167.86-719.78-931.02-530.38-367.41
Income Taxes0.34-9.949.4561.1513.20-62.70-127.33-104.67-45.99
Consolidated Net Income-24.31-93.05-966.40245.95154.66-657.08-803.69-425.70-321.42
Net Income From Continuing Operations-24.97-93.64-968.03246.29154.66-657.08-803.69-425.70-321.42
Net Income-24.97-93.64-968.03246.29154.66-654.54-803.69-425.70-321.42
EPS (Recurring)-0.06-0.24-0.821.120.71-3.31-2.67-1.96-0.53
EPS (Basic, Before Extraordinaries)-0.07-0.24-2.440.880.72-3.36-4.27-2.10-1.47
EPS (Diluted)-0.07-0.24-2.440.880.70-3.36-4.27-2.10-1.47
EBITDA896.25915.051,189.701,164.33683.58183.06216.98554.06787.91
Non-Operating Income (Expense)34.02-6.2515.4625.1310.321.320.049.0840.04
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense24.6031.0436.6236.9316.6715.7419.4028.7129.96
Price To Earnings Ratio---8.17-----
Price To Sales Ratio0.870.490.610.731.401.210.880.860.68
Gross Margin5.914.765.3214.5611.98-42.30-31.01-12.422.22
Operating Margin0.36-0.520.3310.447.54-49.10-40.49-18.21-1.91
Net Margin-0.52-1.94-18.005.945.84-48.23-71.49-17.23-9.66
Shares Outstanding379.42379.30387.34411.20213.57215.14187.63192.04213.61
Market Capitalization3,813.163,813.163,221.044,506.663,651.281,817.70986.222,042.692,250.23

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,342.231,227.971,117.331,150.811,175.951,219.321,280.541,162.13
Cost of Goods Sold Incl. D&A1,227.021,165.111,067.551,092.831,119.431,191.221,193.281,114.26
Gross Profit115.2162.8649.7857.9856.5228.1087.2647.88
Selling, General and Administrative Excl. Other69.9667.5068.7662.0661.9864.1166.9373.08
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income45.25-4.65-18.98-4.08-5.45-36.0120.33-25.20
Interest Expense19.9720.4017.4817.6817.4917.6417.7017.73
Unusual Expense0.000.000.000.010.090.490.433.46
Net Income Before Taxes47.14-27.92-28.07-15.13-43.04-47.502.68-49.47
Income Taxes18.51-8.65-3.60-5.93-6.591.191.391.93
Consolidated Net Income28.64-19.27-24.48-9.20-36.45-48.701.29-51.39
Net Income From Continuing Operations28.35-19.60-24.63-9.09-36.40-49.141.00-51.58
Net Income28.35-19.60-24.63-9.09-36.40-49.141.00-51.58
EPS (Recurring)0.07-0.05-0.06-0.02-0.09-0.130.00-0.13
EPS (Basic, Before Extraordinaries)0.07-0.05-0.06-0.02-0.10-0.130.00-0.13
EPS (Diluted)0.07-0.05-0.06-0.02-0.10-0.130.00-0.13
EBITDA266.84213.13199.41216.86220.15225.85252.19229.40
Non-Operating Income (Expense)21.86-2.888.396.64-20.016.640.48-3.08
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense7.466.733.496.926.847.579.718.34
Price To Sales Ratio0.870.750.880.480.410.460.620.60
Gross Margin8.585.124.465.044.812.306.814.12
Operating Margin3.37-0.38-1.70-0.35-0.46-2.951.59-2.17
Net Margin2.11-1.60-2.20-0.79-3.10-4.030.08-4.44
Shares Outstanding379.42381.38379.60379.30379.24385.16385.98387.34
Market Capitalization3,813.163,484.894,110.802,317.171,995.172,288.903,176.133,221.04

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments420.64241.29192.68137.55117.52224.91174.19245.0342.83
Short Term Receivables775.96821.821,029.05565.92356.15164.64346.10562.93581.51
Inventories160.28167.02180.8158.0442.3633.0936.3665.5869.17
Other Current Assets61.2165.1883.1767.9167.6255.3175.1876.6653.35
Total Current Assets1,418.091,295.321,485.70829.42583.65477.96631.82950.20746.86
Net Property, Plant & Equipment2,780.713,097.443,479.542,294.472,351.632,779.613,346.024,014.594,271.08
Total Investments and Advances0.000.000.000.000.000.000.000.000.00
Intangible Assets1,302.201,417.002,431.445.847.5430.09444.00477.64687.07
Deferred Tax Assets364.61434.353.933.213.98409.82-373.263.88
Other Assets69.4723.7119.4210.8811.0511.4217.7827.4449.97
Total Assets5,935.086,267.827,420.033,143.822,957.853,708.894,439.615,843.125,758.86
Short Term Debt Incl. Current Port. of LT Debt26.3734.9269.755.126.897.109.940.000.00
Accounts Payable470.78421.32534.42237.06190.2291.62170.47288.96319.62
Income Tax Payable-0.003.444.640.230.000.341.4129.33
Other Current Liabilities366.49385.75442.83304.14238.51175.00219.85235.95197.30
Total Current Liabilities863.64841.991,050.43550.97435.85273.72400.60526.32546.25
Long Term Debt1,254.101,264.291,275.74850.53870.43920.60993.181,119.20866.78
Provision for Risks Charges0.000.000.000.000.000.200.000.000.00
Deferred Tax Liabilities580.43672.45248.1128.7429.23487.50202.96679.42350.84
Other Liabilities12.1913.2425.0748.0612.8410.819.2512.7612.49
Total Liabilities2,710.362,791.972,599.351,478.301,348.361,692.831,605.992,337.701,776.36
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity3,218.543,465.824,812.291,665.521,609.492,016.062,833.623,505.423,982.49
Total Shareholders Equity3,218.543,465.824,812.291,665.521,609.492,016.062,833.623,505.423,982.49
Accumulated Minority Interest6.1810.028.390.000.000.000.000.000.00
Total Equity3,224.723,475.844,820.681,665.521,609.492,016.062,833.623,505.423,982.49
Total Liabilities & Stockholders Equity5,935.086,267.827,420.033,143.822,957.853,708.894,439.615,843.125,758.86
Book Value Per Share8.498.9511.707.807.4810.7514.7616.4117.90
Tangible Book Value Per Share5.055.295.797.777.4510.5812.4414.1714.81
Full-Time Employees7,9009,20010,6006,5005,0003,0005,8008,0008,000
Price to Book Ratio1.240.900.932.231.130.490.710.631.37
Return on Assets-1.53-14.144.665.07-19.71-19.73-8.28-5.540.12
Return on Equity-2.80-23.397.609.44-36.25-33.14-13.43-8.590.18
Return on Invested Capital-2.09-20.474.056.15-26.39-27.37-11.12-6.950.12
Quick Ratio1.461.341.241.401.241.631.491.681.24
Current Ratio1.641.541.411.511.341.751.581.811.37

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-24.31-93.05-966.40245.95154.66-654.54-803.69-425.70-321.42
Depreciation878.70940.261,171.87731.42484.06849.36672.201,003.98851.43
Other Funds (Non Cash)25.3839.33935.8443.907.4019.47450.9986.54286.73
Funds from Operations868.67864.861,139.551,073.13653.12151.30194.21561.62775.55
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-50.2796.3635.99-67.22-86.93-55.2984.06134.59-44.88
Cash from Operating Activities818.40961.221,175.541,005.91566.1996.01278.27696.20730.67
Capital Expenditures-552.42-589.03-678.39-615.69-436.80-166.32-145.48-347.51-641.46
Net Assets From Acquisitions-0.002.98-422.500.00-29.360.00-0.01-14.21
Sale of Fixed Assets and Businesses71.5344.1225.8326.4926.0723.3420.9345.7647.36
Purchase or Sale of Investments0.00-10.500.000.000.000.000.000.000.00
Purchase of Investments0.00-10.500.000.000.000.000.000.000.00
Sale Or Maturity of Investments0.000.000.000.000.000.000.000.000.00
Other Uses-5.98-11.74-5.17-5.89-2.50-0.52-0.420.000.00
Other Sources0.000.000.000.000.000.000.000.0023.76
Cash from Investing Activities-486.86-567.15-654.74-1,017.59-413.23-172.86-124.98-301.76-584.55
Cash Dividends Paid-144.44-122.45-126.79-100.03-43.10-15.61-18.86-32.43-30.59
Change in Capital Stock-33.90-69.64-290.43-200.71-70.07-6.33-21.18-255.47-161.25
Repurchase of Common Pref Stock-33.90-69.64-290.43-200.71-70.07-6.33-21.18-255.47-161.74
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.48
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net7.45-7.82-45.48370.26-20.21-50.00-62.52-177.33248.71
Change in Long Term Debt7.45-7.82-45.48370.26-20.21-50.00-62.52-177.33248.71
Issuance of Long Term Debt496.010.0050.00814.02149.540.000.00496.12595.71
Reduction of Long Term Debt-488.56-7.82-95.48-443.75-169.76-50.00-62.52-673.44-347.00
Net Financing Active Other Cash Flow-2.87-10.82-12.29-3.950.000.000.000.000.00
Other Financing Activities Uses-2.87-10.82-12.29-3.950.000.000.000.000.00
Cash from Financing Activities-173.75-210.73-474.9965.57-133.38-71.93-102.57-465.2256.86
Exchange Rate Effect-5.39-3.982.811.240.450.64-0.00-0.06-0.78
Net Change in Cash152.40179.3548.6155.1320.03-148.1450.73-70.84202.20
Free Cash Flow265.98372.19497.15390.22129.39-70.31132.79348.6989.21
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow34.539.388.8610.4242.83-8.686.7438.60
Deferred Taxes & Investment Tax Credit--21.68-1.7651.877.00-62.98-125.28-103.20-41.19

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments339.31203.17337.24420.64186.91185.89
Short Term Receivables981.76956.73779.48775.96860.95825.03
Inventories143.85140.75150.59160.28155.93163.69
Other Current Assets52.6671.5354.9661.2173.7066.51
Total Current Assets1,517.591,372.191,322.271,418.091,277.501,241.12
Net Property, Plant & Equipment2,624.672,668.642,687.932,780.712,861.822,918.81
Total Investments and Advances0.000.000.000.000.000.00
Intangible Assets1,215.261,242.631,271.611,302.201,330.361,359.34
Deferred Tax Assets---364.61--
Other Assets94.3989.2278.7169.4763.4356.35
Total Assets5,451.905,372.675,360.525,935.085,533.115,575.62
Short Term Debt Incl. Current Port. of LT Debt28.9422.6421.5026.3732.6328.31
Accounts Payable553.89513.17442.42470.78461.26426.51
Other Current Liabilities294.10248.33256.33366.49283.88261.65
Total Current Liabilities876.93784.15720.25863.64777.77716.47
Long Term Debt1,258.111,262.941,247.381,254.101,255.711,258.56
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities221.09203.23212.03580.43232.80240.14
Other Liabilities18.8715.8315.1612.1911.7411.77
Total Liabilities2,375.012,266.142,194.822,710.362,278.032,226.95
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity3,070.893,099.883,159.383,218.543,248.803,342.34
Total Shareholders Equity3,070.893,099.883,159.383,218.543,248.803,342.34
Accumulated Minority Interest6.016.666.336.186.286.33
Total Equity3,076.903,106.533,165.703,224.723,255.093,348.67
Total Liabilities & Stockholders Equity5,451.905,372.675,360.525,935.085,533.115,575.62
Book Value Per Share8.098.138.328.498.578.68
Tangible Book Value Per Share4.894.874.975.055.065.15
Full-Time Employees---7,900--
Price to Book Ratio1.241.101.280.710.600.67
Return on Assets-0.45-1.64-2.14-1.53-2.37-17.12
Return on Equity-0.79-2.79-3.62-2.80-4.00-27.16
Return on Invested Capital0.65-0.45-0.56-0.20-0.81-1.07
Quick Ratio1.571.571.631.461.441.50
Current Ratio1.731.751.841.641.641.73

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income28.64-19.27-24.48-9.20-36.45-48.70
Depreciation221.58217.78218.39220.94225.60261.86
Other Funds (Non Cash)-21.7931.984.6710.529.897.51
Funds from Operations245.99221.70194.80206.18191.74222.01
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital54.95-165.62-130.94191.3424.07-82.27
Cash from Operating Activities300.9456.0863.86397.53215.80139.75
Capital Expenditures-141.35-155.92-116.63-138.51-144.48-144.21
Net Assets From Acquisitions0.00--0.000.00-
Sale of Fixed Assets and Businesses45.692.6612.2210.964.8124.00
Purchase or Sale of Investments0.000.000.000.00-10.50-
Purchase of Investments0.000.000.000.00-10.50-
Sale Or Maturity of Investments0.000.000.000.000.00-
Other Uses-1.620.02-1.62-2.762.53-4.50
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-97.28-153.24-106.03-130.31-147.63-124.70
Cash Dividends Paid-38.09-38.06-37.96-30.34-30.50-30.74
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-24.21-9.13-0.35-0.21-33.58-15.55
Repurchase of Common Pref Stock-24.21-9.13-0.35-0.21-33.58-15.55
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-1.2012.22-1.96-1.61-1.78-1.80
Change in Long Term Debt-1.2012.22-1.96-1.61-1.78-1.80
Issuance of Long Term Debt0.00496.010.000.000.000.00
Reduction of Long Term Debt-1.20-483.80-1.96-1.61-1.78-1.80
Net Financing Active Other Cash Flow-0.93-1.940.000.000.00-5.75
Other Financing Activities Uses-0.93-1.940.000.000.00-5.75
Cash from Financing Activities-64.43-36.90-40.27-32.16-65.85-53.85
Exchange Rate Effect-3.09-0.01-0.96-1.33-1.29-0.51
Net Change in Cash136.14-134.07-83.40233.731.02-39.31
Free Cash Flow159.58-99.84-52.77259.0171.32-4.46
Price to Free Cash Flow34.5385.3928.639.2811.9910.93

Revenue breakdown

United States2024: 5.31B 2025: 4.79B
Completion Services2024: 3.23B 2025: 2.89B
Consolidation, Policy2025: -33.03M
Drilling Products2024: 351.65M 2025: 343.71M
Drilling Services2024: 1.73B 2025: 1.56B
Other2025: 33.03M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.40%27.4M370.4M7.69M
2026-10-157.27%27.0M372.3M8.09M
2026-09-308.24%30.7M372.3M8.60M
2026-09-159.21%34.3M372.1M9.00M
2026-08-3110.30%38.3M372.1M9.13M
2026-08-147.86%29.2M371.3M9.16M
2026-07-318.24%30.2M366.2M9.10M
2026-07-157.80%28.5M364.5M9.19M
2026-06-308.32%30.3M364.5M9.52M
2026-06-155.79%21.1M364.5M9.46M
2026-05-297.23%26.4M364.3M10.12M
2026-05-153.97%14.5M364.2M10.25M
2026-04-303.84%14.0M364.0M11.12M
2026-04-155.01%17.2M342.5M11.05M
2026-03-317.64%26.1M342.1M11.36M
2026-03-138.89%30.4M342.1M10.81M
2026-02-2712.12%41.5M342.1M9.86M
2026-02-139.21%31.5M342.1M9.75M
2026-01-307.69%26.3M341.4M9.18M
2026-01-157.25%24.7M341.4M9.42M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call3.006.907.609.206.2790.000.000.963-0.0410.001
call4.005.906.608.164.7731.000.000.952-0.0400.002
call5.004.905.604.403.7930.000.000.939-0.0390.002
call6.003.904.605.003.00015.000.000.922-0.0370.002
call7.002.903.705.702.7164.000.000.900-0.0350.003
call8.002.002.603.551.79317.000.000.868-0.0310.003
call9.001.201.551.191.04735.000.000.815-0.0270.004
call10.000.450.750.440.8412410.000.624-0.0340.006
call11.000.100.350.110.93815,1740.000.367-0.0320.006
call12.000.000.100.050.83351,0281.000.150-0.0170.004
call13.000.000.050.051.01650,7040.000.072-0.0120.002
call14.000.000.250.121.1909,4160.000.064-0.0130.002
call15.000.000.050.051.4242190.000.055-0.0130.002
call16.000.000.250.051.56938.000.000.051-0.0150.002
call17.000.000.250.171.73635.000.000.047-0.0150.002
call18.000.000.250.501.89016.000.000.044-0.0160.002
call19.000.000.250.202.03216.000.000.041-0.0160.001
call20.000.000.200.102.16633.000.000.039-0.0170.001
call21.000.000.150.002.2900.000.000.038-0.0170.001
put3.000.000.250.305.8590.000.00-0.036-0.0410.001
put4.000.000.250.124.60725.000.00-0.047-0.0410.002
put5.000.000.250.113.65911.000.00-0.061-0.0390.002
put6.000.000.250.252.89175.000.00-0.077-0.0380.002
put7.000.000.250.112.23410.000.00-0.099-0.0350.003
put8.000.000.250.011.64913.000.00-0.131-0.0320.003
put9.000.000.200.101.1031310.00-0.186-0.0270.004
put10.000.200.450.551.0515350.00-0.375-0.0340.006
put11.000.751.101.121.11816,3310.00-0.622-0.0320.006
put12.001.551.952.091.3182510.00-0.849-0.0170.004
put13.002.403.102.921.88855.000.00-0.924-0.0120.002
put14.003.404.202.112.4181.000.00-0.935-0.0130.002
put15.004.405.200.002.7440.000.00-0.943-0.0130.002
put16.005.406.103.902.7530.000.00-0.948-0.0140.002
put17.006.407.100.002.9760.000.00-0.952-0.0140.002
put18.007.408.106.203.1810.000.00-0.955-0.0150.002
put19.008.409.100.003.3700.000.00-0.958-0.0150.001
put20.009.4010.107.153.5451.000.00-0.960-0.0150.001
put21.0010.4011.108.053.7081.000.00-0.961-0.0160.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-0210-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-298-KCurrent report2026-10-28SEC
2026-09-214Statement of changes in beneficial ownership of securities2026-09-18SEC
2026-09-18144Filing for proposed sale of securities under Rule 144.SEC
2026-09-088-KCurrent report2026-09-08SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-09-034Statement of changes in beneficial ownership of securities2026-09-01SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-09-01144Filing for proposed sale of securities under Rule 144.SEC
2026-08-264Statement of changes in beneficial ownership of securities2026-08-25SEC
2026-08-26S-3ASRAutomatic shelf registration statement of securities of well-known seasoned issuersSEC
2026-08-25144Filing for proposed sale of securities under Rule 144.SEC
2026-08-04S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-07-308-KCurrent report2026-07-29SEC
2026-06-104Statement of changes in beneficial ownership of securities2026-06-08SEC
2026-06-094Statement of changes in beneficial ownership of securities2026-06-05SEC
2026-06-05144Filing for proposed sale of securities under Rule 144.SEC
2026-06-048-KCurrent report2026-06-04SEC
2026-06-014Statement of changes in beneficial ownership of securities2026-05-28SEC
2026-05-28144Filing for proposed sale of securities under Rule 144.SEC
2026-05-28SDSpecialized Disclosure ReportSEC
2026-05-268-KCurrent report2026-05-26SEC
2026-05-198-KCurrent report2026-05-19SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-09SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-09SEC
2026-05-124Statement of changes in beneficial ownership of securities2026-05-09SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090010.31M5
2026-08002.39M1
2026-070000
2026-06002.49M2
2026-05009.43M5
2026-040000
2026-03001.78M2
2026-02003.27M1
2026-010000
2025-12004.22M2
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.16.56%
VANGUARD PORTFOLIO MANAGEMENT LLC7.17%
DIMENSIONAL FUND ADVISORS LP6.24%
VANGUARD CAPITAL MANAGEMENT LLC4.39%
GOLDMAN SACHS GROUP INC4.30%
AMERICAN CENTURY COMPANIES INC4.28%
STATE STREET CORP3.98%
Sourcerock Group LLC3.83%
Invesco Ltd.3.41%
FULLER & THALER ASSET MANAGEMENT, INC.3.11%

Funds

Fund% owned
Lord Abbett Short Duration Income Fund6.17%
LORD ABBETT BOND DEBENTURE FUND INC6.16%
iShares Core S&P Small-Cap ETF5.48%
Avantis U.S. Small Cap Value ETF3.82%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.18%
Invesco Small Cap Value Fund2.85%
Undiscovered Managers Behavioral Value Fund2.54%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND2.39%
iShares Russell 2000 ETF2.38%
VANGUARD SMALL-CAP INDEX FUND2.29%

OakChart. PTEN. Cached 15 minutes.