Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is among the 10 Best Oil & Gas Drilling Stocks to Buy.
On February 4, 2026, Patterson-UTI Energy, Inc. announced $1.2 billion in fourth-quarter sales, a $9 million net loss, and $221 million in adjusted EBITDA. The company earned $961 million in operating cash flow and $416 million in adjusted free cash flow for the fiscal year 2025. The firm increased its quarterly dividend by 25% to $0.10 per share, payable March 16, 2026, to shareholders of record on March 2, 2026.
Patterson-UTI Energy, Inc.’s Drilling Services generated $361 million in revenue and $132 million in adjusted gross profit over 8,596 contract drilling days in the United States, with an average of 93 rigs. Completion Services generated $702 million in revenue and $111 million in adjusted gross profit. Drilling products generated $84 million in revenue and $34 million in adjusted gross profit. For the first quarter, the corporation anticipates U.S. rig counts in the low to mid 90s, with full-year capital expenditures of less than $500 million, net of asset sales.
Patterson-UTI Energy, Inc. provides drilling and pressure pumping services, as well as directional drilling, rental equipment, and technologies. It works in the following segments: Drilling, Completion, and Drilling Products.
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