Patterson-UTI Energy (PTEN) Q3 2026 earnings — TrendMatrix coverage

Adjusted EPS

$0.07

Estimate

$0.04

Surprise

+86.3%

Score today

5.4/10

Revenue for this quarter isn’t shown: the reported figure hasn’t cleared TrendMatrix’s freshness and sanity checks yet, and consensus revenue isn’t tracked. EPS above is the available figure.

Patterson-UTI Energy (PTEN) beat the $0.04 estimate with adjusted EPS of $0.07 — a large 86.3% upside surprise.

• Reported Earlier, Patterson-UTI Energy Q3 EPS $0.07 Beats $0.03 Estimate, Sales $1.342B Beat $1.307B Estimate — benzinga, 2026-10-29
• Watching Patterson-UTI Energy; Hearing Zacks Surprise Trader Buys Stock — benzinga, 2026-10-26

TrendMatrix currently rates PTEN Sell at 5.4/10; no pre/post engine snapshot brackets this report.

3 of the last 4 quarters beat the estimate; this quarter's +86.3% surprise compares with a +39.1% four-quarter average.

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current price

$12.48

Price target

$12.54

Stop

$11.61

Upside to target

+0.5%

Reward-to-risk

0.0:1

Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.

Energy results are commodity-price arithmetic first; the operational beat or miss is read net of what the strip already told the market.

Industry

Oil & Gas Drilling

Market cap

$4.78B

P/E (fwd)

35.9

52-week range

$5.24–$13.39

Off 52-week high

6.8%

RSI (14)

67

Volume vs avg

0.39×

Score today

5.4/10