{ "ok": true, "cik": "889900", "ticker": "PTEN", "name": "PATTERSON UTI ENERGY INC", "filings": [ { "form": "8-K", "filed": "2026-09-08", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/889900/000088990026000065/0000889900-26-000065-index.htm" }, { "form": "10-Q", "filed": "2026-08-04", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/889900/000088990026000056/0000889900-26-000056-index.htm" }, { "form": "8-K", "filed": "2026-07-30", "items": [ "2.02 Results of Operations and Financial Condition", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/889900/000088990026000050/0000889900-26-000050-index.htm" }, { "form": "8-K", "filed": "2026-06-04", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "5.07 Submission of Matters to a Vote of Security Holders", "8.01 Other Events", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/889900/000088990026000044/0000889900-26-000044-index.htm" }, { "form": "8-K", "filed": "2026-05-26", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/889900/000088990026000039/0000889900-26-000039-index.htm" }, { "form": "8-K", "filed": "2026-05-19", "items": [ "1.01 Entry into a Material Definitive Agreement", "2.03 Creation of a Direct Financial Obligation", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm" } ], "events12m": 11, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000889900.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=889900" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up PATTERSON UTI ENERGY INC ($PTEN). Last filing: 8-K (7.01 Regulation FD Disclosure), 2026-09-08. 11 event filings (8-K) in the past twelve months.", "auditor": { "changes": [], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 4826624000, "revenueGrowth1y": -0.10250950601451014, "revenueGrowthPerYear": 0.37328104127458483, "yearsOfData": 5, "operatingMargin": -0.008459328922244616, "operatingMarginPrior": -0.16544286433895986, "netMargin": -0.019399688063540893, "operatingCashFlow": 961219000, "capitalSpending": 589029000, "freeCashFlow": 372190000, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 418507000, "longTermDebt": 1227400000, "longTermDebtChange": -0.0051831949391917265, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 1357081000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 2647592000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 4146456000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 5377911000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 4826624000 } ], "totalEquity": 3218538000, "totalAssets": 5570466000, "equityRatio": 0.5777861313577715, "returnOnEquity": -0.029092401581090544, "dividendsPaid": 122453000, "payoutRatio": null, "dividendPerShare": 0.32, "dividendYearsRising": 0, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 4067194892.0235686, "high": 6027917288.10283, "baseline": 5114038591.756027, "n": 4599, "band": "b1" }, "ifPaceHeld": { "low": 4067194892.0235686, "high": 6027917288.10283 } }, "edgarette": "🔖 Exposure: revenue $4.8B (FY2025), total debt $1.2B. Experience: revenue down 10.3% on the year, up 37.3% a year over 4 years; operating margin -0.8%, up from -16.5%. Soundness: equity 57.8% of assets, return on equity -2.9%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $4.1B and $6.0B next year (method v3, set from 4,599 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (8 filers, $50M+ revenue, drilling oil & gas wells): operating margin -0.8% against a 8.0% median; growth -10.3% against 5.6%.", "peers": { "sic": 1381, "sicDescription": "Drilling Oil & Gas Wells", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "1381", "growth": [ 0.056, 8 ], "opMargin": [ 0.0796, 8 ] }, "summary": "Patterson Uti Energy (PTEN) saw revenue fall 10.3% in FY2025 to $4.8 billion, operating margin -0.8% against a 8.0% median for drilling oil & gas wells, equity 57.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
PATTERSON UTI ENERGY INC against its own record and its peers
Operating marginPeer median 8.0%-0.8%Revenue, on the yearPeer median 5.6%-10.3%Equity of assets57.8%Return on equity-2.9%No peer group large enough for a median
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profitHanded back per share$0.32Revenue growth it managed-10.3%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 15, "hits": 4, "rate": 0.26666666666666666, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:29.973Z", "hash": "a5e67ba48b2acf20", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Patterson Uti Energy (PTEN) saw revenue fall 10.3% in FY2025 to $4.8 billion, operating margin -0.8% against a 8.0% median for drilling oil & gas wells, equity 57.8% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 4826624000, "totalDebt": 1227400000, "cash": 418507000 }, "experience": { "revenueGrowth1y": -0.10250950601451014, "revenueGrowthPerYear": 0.37328104127458483, "operatingMargin": -0.008459328922244616, "operatingMarginPrior": -0.16544286433895986, "netMargin": -0.019399688063540893, "freeCashFlow": 372190000 }, "soundness": { "equityRatio": 0.5777861313577715, "returnOnEquity": -0.029092401581090544, "payoutRatio": null, "dividendPerShare": 0.32, "dividendYearsRising": 0, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 1381, "sicDescription": "Drilling Oil & Gas Wells", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "1381", "growth": [ 0.056, 8 ], "opMargin": [ 0.0796, 8 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": null }, "range": { "low": 4067194892.0235686, "high": 6027917288.10283, "baseline": 5114038591.756027, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 4599, "sizeBand": "b1" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 15, "hits": 4, "rate": 0.26666666666666666, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:20:29.973Z", "hash": "a5e67ba48b2acf20", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000889900.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=889900" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }