Patterson-UTI Energy, Inc. (PTEN) Stock Analysis
Range Bound setup
Energy · Oil & Gas Drilling
Sell if holding. Engine safety override at $11.81: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Negative price momentum.
Patterson-UTI Energy provides contract drilling, completion services (hydraulic fracturing, wireline, cementing), and drilling products in the U.S. (and Colombia/Ecuador) through three segments. The top five customers represent 68.2% of 2025 revenue, led by ExxonMobil at 24.9%;... Read more
Sell if holding. Engine safety override at $11.81: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: RSI 46 mid-range, Bollinger mid-band. Score 4.6/10, moderate confidence.
Passes 6/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.60, earnings proximity 42d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-06-10Recent Developments — Patterson-UTI Energy, Inc.
Latest news
- NEWS Goldman Sachs Maintains Buy on Patterson-UTI Energy, Raises Price Target to $13 — benzinga Jun 4, 2026 positive
- NEWS RBC Capital Maintains Outperform on Patterson-UTI Energy, Raises Price Target to $15 — benzinga May 29, 2026 positive
- NEWS Piper Sandler Maintains Neutral on Patterson-UTI Energy, Raises Price Target to $13 — benzinga May 27, 2026 neutral
- NEWS Susquehanna Maintains Positive on Patterson-UTI Energy, Raises Price Target to $14 — benzinga May 27, 2026 positive
- NEWS Barclays Upgrades Patterson-UTI Energy to Overweight, Raises Price Target to $15 — benzinga May 8, 2026 positive
Generated 2026-06-15T18:11:46Z.
Upcoming dated catalysts
Thesis
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Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
3 floor-breakers
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.static
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Ranks in the bottom of its industry peers on the composite signal. Better names in the same sector exist.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Sell if holding. Engine safety override at $11.81: Quality below floor (2.0 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 4.6/10. Specifically: Below-average business quality; Negative price momentum. Chart setup: RSI 46 mid-range, Bollinger mid-band. Prior stop was $10.98. Score 4.6/10, moderate confidence.
Take-profit target: $12.70 (+7.5% upside). Prior stop was $10.98. Stop-loss: $10.98.
Target reached (-2.9% upside); Quality below floor (2.0 < 4.0).
Patterson-UTI Energy, Inc. trades at a P/E of N/A (forward 117.4). TrendMatrix value score: 6.1/10. Verdict: Sell.
22 analysts cover PTEN with a consensus score of 3.7/5. Average price target: $13.
What does Patterson-UTI Energy, Inc. do?Patterson-UTI Energy provides contract drilling, completion services (hydraulic fracturing, wireline, cementing), and...
Patterson-UTI Energy provides contract drilling, completion services (hydraulic fracturing, wireline, cementing), and drilling products in the U.S. (and Colombia/Ecuador) through three segments. The top five customers represent 68.2% of 2025 revenue, led by ExxonMobil at 24.9%; the ExxonMobil/XTO agreement covering two FORCE electric fleets expires in late 2026 with renewal not expected.