Patterson-UTI Energy, Inc. (PTEN) Stock Analysis
Breakout setup
Energy · Oil & Gas Drilling
Sell if holding. Engine safety override at $11.87: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality.
Patterson-UTI Energy is a Houston-based oilfield services provider offering contract drilling, well completion services (hydraulic fracturing, wireline), and drill bit solutions to U.S. and select international E&P companies. Revenue is generated through day-rate drilling... Read more
Sell if holding. Engine safety override at $11.87: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 62, MACD bullish. Score 3.8/10, high confidence.
Passes 5/6 gates (positive momentum, clean insider activity, no SEC red flags, earnings proximity 82d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
3 floor-breakers
Revenue shrinking — -12.7% YoY. Growth thesis broken unless recovery story develops.static
Cyclical trough — margins compressed or negative. Profitability typically recovers with the cycle, but floor fires on current data.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 $11.87: Quality below floor (2.1 < 4.0) triggers a hard block regardless of the otherwise-positive setup — overall score 3.8/10. Specifically: Elevated put/call ratio: 1.40; Below-average business quality. Chart setup: Golden cross, above all MAs, RSI 62, MACD bullish. Prior stop was $11.03. Score 3.8/10, high confidence.
Take-profit target: $12.16 (+2.5% upside). Prior stop was $11.03. Stop-loss: $11.03.
Target reached (-16.7% upside); Quality below floor (2.1 < 4.0).
Patterson-UTI Energy, Inc. trades at a P/E of N/A (forward -229.8). TrendMatrix value score: 5.3/10. Verdict: Sell.
22 analysts cover PTEN with a consensus score of 3.6/5. Average price target: $11.
What does Patterson-UTI Energy, Inc. do?Patterson-UTI Energy is a Houston-based oilfield services provider offering contract drilling, well completion services...
Patterson-UTI Energy is a Houston-based oilfield services provider offering contract drilling, well completion services (hydraulic fracturing, wireline), and drill bit solutions to U.S. and select international E&P companies. Revenue is generated through day-rate drilling contracts in the continental U.S. and internationally in Colombia and Ecuador, plus completion services across the Permian, Marcellus/Utica, Eagle Ford, and other major basins. As of December 31, 2025, U.S. contract drilling backlog was approximately $291 million.