Market Cap
$4.2B
PTEN
PATTERSON UTI ENERGY INC
$11.21 ▼ -0.80%
Prev close $11.30Market cap$4.2B
ConsensusBuy
12-mo target$14.00 (+24.9%)
▲ Bullish
Analyst conviction 6/10
Insider Selling Cluster (4 insiders)37 New Institutional Positions13 Institutional Exits Traditional Energy
Snapshot
The big-picture read on PTEN right now — valuation, ownership and activity at a glance.
Cap Size
Mid Cap
Analyst Consensus
Buy (64%)
Inst. Holders
50 funds
Inst. Value
$3.1B
Inst. Activity
37 buys / 13 sells
Insider Activity
$0.00 buy / $24.6M sell
Insider Net $
-$24.6M
Social Sentiment
75° Bullish
SEC Reports
11
Price chart 30d -10.7%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: PTEN — 69.4% short (2.2M / 3.1M)
Short: 2,170,539 | Exempt: 1,364 | TRF Vol: 3,127,638 | Short Ratio: 69.4% | Off-exchange volume (da
Sep 18, 2026 Insider
Sep 3, 2026 SEC Hendricks William Andrew JR sold 250,000 shares
President & CEO @ $11.91 ($3.0M)
A cluster of insider selling at Patterson-UTI Energy over the past week shows the President & CEO, EVP/General Counsel,
CLUSTER — Impact 5/10
Sep 2, 2026 Insider
Hendricks William Andrew JR sold 250,000 shares
President & CEO @ $12.93 ($3.2M)
Sep 2, 2026 Insider
Aug 26, 2026 SEC Drummond Robert Wayne Jr sold 198,395 shares
Director @ $12.85 ($2.5M)
A significant institutional cluster formed in PTEN during 2026-Q2, with 49 buyers accumulating $67.6M in net new positio
INST-CLUSTER — Impact 5/10
Jun 30, 2026 Inst.
RENAISSANCE TECHNOLOGIES LLC — ADD
7,956,899 shares ($73.0M)
Jun 30, 2026 Inst.
UBS Group AG — ADD
4,212,154 shares ($38.7M)
Analyst ratings buy % +16.4%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
64% rate it Buy or better · 22 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Oct 2, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Sep 4, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Aug 5, 2026 | Barclays | MAINTAIN | Overweight | 54% |
| Aug 3, 2026 | Susquehanna | MAINTAIN | Positive | 56% |
| Jul 31, 2026 | JP Morgan | UPGRADE | Neutral | 55% |
| Jul 14, 2026 | Piper Sandler | UPGRADE | Overweight | 54% |
| Jul 8, 2026 | Susquehanna | MAINTAIN | Positive | 56% |
| Jun 29, 2026 | Citigroup | MAINTAIN | Neutral | 55% |
| Jun 16, 2026 | Stifel | MAINTAIN | Buy | 54% |
| Jun 4, 2026 | Goldman Sachs | MAINTAIN | Buy | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 4 | 10 | 7 | 1 | 0 | 64% | |
| Aug 1, 2026 | 4 | 10 | 7 | 1 | 0 | 64% | |
| Jul 1, 2026 | 4 | 9 | 7 | 2 | 0 | 59% | |
| Jun 1, 2026 | 4 | 9 | 7 | 2 | 0 | 59% | |
| May 1, 2026 | 4 | 8 | 8 | 2 | 0 | 55% | |
| Apr 1, 2026 | 4 | 7 | 9 | 2 | 0 | 50% | |
| Mar 1, 2026 | 4 | 7 | 9 | 2 | 0 | 50% | |
| Feb 1, 2026 | 4 | 8 | 8 | 2 | 0 | 55% |
Price targets
Where 14 covering analysts think PTEN trades over the next 12 months.
$14.00 +24.9% upside Strong Buy
Current$11.21 Low$12.00 Median$13.50 High$19.00 14 analysts
$12.00$19.00
Analyst rating Buy· 2.1/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
75°
Bullish
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
11 SEC filing reports analyzed · 1 bullish, 3 bearish, 2 mixed, 5 neutral · avg impact 4.5/10.
BEARISHCLUSTER5/10
A cluster of insider selling at Patterson-UTI Energy over the past week shows the President & CEO, E
Sep 3, 2026
MIXEDINST-CLUSTER5/10
A significant institutional cluster formed in PTEN during 2026-Q2, with 49 buyers accumulating $67.6
Aug 26, 2026
BEARISHINST-CLUSTER5/10
Six major institutional holders reduced or exited their PTEN positions during 2025-Q3, selling a com
Jun 11, 2026
NEUTRALCLUSTER3/10
2.3M open-market sale by CEO Hendricks and a 164K sale by CAO Robinson. At a $4.4B market cap, the c
Jun 10, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: PTEN — 69.4% short (2.2M / 3.1M)
Short: 2,170,539 | Exempt: 1,364 | TRF Vol: 3,127,638 | Short Ratio: 69.4% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: PTEN — 67.3% short (2.4M / 3.6M)
Short: 2,429,633 | Exempt: 1,960 | TRF Vol: 3,610,972 | Short Ratio: 67.3% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
short_volume
Short Volume: PTEN — 59.4% short (2.2M / 3.7M)
Short: 2,183,165 | Exempt: 1 | TRF Vol: 3,675,339 | Short Ratio: 59.4% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
short_volume
Short Volume: PTEN — 59.5% short (1.5M / 2.6M)
Short: 1,546,366 | Exempt: 96 | TRF Vol: 2,599,273 | Short Ratio: 59.5% | Off-exchange volume (dark pool + OTC)
Sep 25, 2026
short_volume
Short Volume: PTEN — 61.6% short (1.7M / 2.8M)
Short: 1,724,227 | Exempt: 32,910 | TRF Vol: 2,797,877 | Short Ratio: 61.6% | Off-exchange volume (dark pool + OTC)
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $0.04 | $0.03–$0.05 | 135.9% | +5.7% | 0↑ 1↓ | $1.3B | 6 |
| Next Q | $0.04 | $0.02–$0.06 | 287.5% | +0.0% | — | $1.3B | 4 |
| Current FY | $-0.05 | $-0.07–$-0.03 | 79.2% | +0.0% | — | $4.9B | 4 |
| Next FY | $0.32 | $0.18–$0.43 | 733.8% | +1.4% | 0↑ 1↓ | $5.3B | 7 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $0.036 | — |
| 7d ago | $0.034 | +0.002 |
| 30d ago | $0.034 | +0.002 |
| 60d ago | $0.036 | -0.000 |
| 90d ago | $0.012 | +0.023 |
Institutional ownership
Which big funds own PTEN (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $3.1B total value (334,656,902 shares) as of 2026-Q2. Top holders: BlackRock,, VANGUARD, DIMENSIONAL. Net buying activity: 37 institutions added/increased vs 13 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| BlackRock, Inc. | 62,879,513 | $577.2M | 18.8% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 27,204,105 | $249.7M | 8.1% | — |
| DIMENSIONAL FUND ADVISORS LP | 22,781,002 | $209.1M | 6.8% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 16,680,039 | $153.1M | 5.0% | — |
| GOLDMAN SACHS GROUP INC | 16,340,271 | $150.0M | 4.9% | — |
| AMERICAN CENTURY COMPANIES INC | 16,246,027 | $149.1M | 4.9% | — |
| STATE STREET CORP | 15,097,065 | $138.6M | 4.5% | — |
| Invesco Ltd. | 12,932,424 | $118.7M | 3.9% | — |
| FULLER & THALER ASSET MANAGEMENT, INC. | 11,820,582 | $108.5M | 3.5% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 10,389,484 | $95.4M | 3.1% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| RENAISSANCE TECHNOLOGIES LLC | ADD | 4,128,099 | 7,956,899 | +92.7% | $73.0M |
| UBS Group AG | ADD | 2,919,491 | 4,212,154 | +44.3% | $38.7M |
| Fisher Asset Management, LLC | TRIM | 5,160,838 | 3,125,348 | -39.4% | $28.7M |
| CITIGROUP INC | ADD | 1,810,010 | 3,013,855 | +66.5% | $27.7M |
| Blackstone Inc. | TRIM | 7,139,404 | 2,102,773 | -70.5% | $19.3M |
| CITADEL ADVISORS LLC | DOUBLED | 631,930 | 1,949,857 | +208.6% | $17.9M |
| Allspring Global Investments Holdings, LLC | TRIM | 3,199,449 | 2,013,108 | -37.1% | $17.3M |
| Qube Research & Technologies Ltd | NEW | — | 1,677,548 | — | $15.4M |
| Freestone Grove Partners LP | DOUBLED | 384,925 | 1,607,903 | +317.7% | $14.8M |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | ADD | 1,143,446 | 1,503,233 | +31.5% | $13.8M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
9 insiders, 50 transactions. Net -$24.6M — $0.00 bought, $24.6M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 18, 2026 | Hendricks William Andrew JR | President & CEO | SELL | 250,000 | $11.91 | $3.0M |
| Sep 2, 2026 | Hendricks William Andrew JR | President & CEO | SELL | 250,000 | $12.93 | $3.2M |
| Sep 2, 2026 | Drummond Robert Wayne Jr | Director | SELL | 198,395 | $12.85 | $2.5M |
| Sep 1, 2026 | Wexler Seth David | EVP, General Counsel&Secretary | SELL | 120,000 | $12.75 | $1.5M |
| Sep 1, 2026 | Drummond Robert Wayne Jr | Director | SELL | 1,605 | $12.85 | $20.6K |
| Aug 25, 2026 | STEWART JAMES CARL | Director | SELL | 207,000 | $11.54 | $2.4M |
| Jun 9, 2026 | Robinson Forrest C | Chief Accounting Officer | TAX W/H | 5,749 | $11.90 | $68.4K |
| Jun 9, 2026 | Robinson Forrest C | Chief Accounting Officer | AWARD | 20,833 | — | — |
| Jun 8, 2026 | Robinson Forrest C | Chief Accounting Officer | SELL | 13,670 | $12.01 | $164.2K |
| Jun 5, 2026 | Hendricks William Andrew JR | President & CEO | SELL | 200,000 | $11.64 | $2.3M |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for PTEN.
Shares short
34,265,673
Settlement Sep 15, 2026
Change vs prior
-10.6%
Semi-monthly cycle
Days to cover
4.3
At avg daily volume
Of shares outstanding
≈9.0%
Estimate — not % of float
All PTEN filing & press-release reports (11)
- CLUSTER reportSep 3, 2026
- INST-CLUSTER reportAug 26, 2026
- INST-CLUSTER reportJun 11, 2026
- CLUSTER reportJun 10, 2026
- 8-K reportJun 4, 2026
- 8-K reportMay 26, 2026
- CLUSTER reportMay 8, 2026
- 424B5 reportMay 7, 2026
- CLUSTER reportMay 5, 2026
- 8-K reportApr 28, 2026
- DEFA14A reportApr 13, 2026