PTEN

Over the past six months, Patterson-UTI Energy's stock has experienced significant gains, increasing by approximately 86.9% since the beginning of 2026 and delivering a total return of roughly 106% over the past 12 months. Key events impacting the stock include financial results, such as the Q4 2025 earnings beat analyst estimates, contributing to post-earnings gains. In February 2026, Patterson-UTI raised its quarterly dividend by 25% to $0.10 per share. The company regularly releases monthly updates on its U.S. drilling rig activity. In May 2026, Fitch Ratings assigned a 'BBB-' rating to Patterson-UTI's proposed senior unsecured notes due 2036, with proceeds intended to redeem existing 2028 notes. Over the past three months, insiders have sold $12.6 million worth of shares, with no insider purchases reported.