Inferra AI / Company / PTEN
Patterson Uti Energy Inc.
PTEN · Energy
Last earnings Oct 29, 2026
Key results
Revenuequarter
$380 million
Drilling Services During the third quarter, our Drilling Services segment revenue totaled $380 million.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Completion Services revenuequarter
$705 million
Completion Services Third quarter Completion Services revenue totaled $705 million, with adjusted gross profit of $111 million.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Drilling Products revenuequarter
$86 million
Drilling Products Third quarter Drilling Products revenue totaled $86 million, with adjusted gross profit of $36 million.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Other revenuequarter
$5 million
Other During the third quarter, Other revenue totaled $5 million, with adjusted gross profit totaling $2 million.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
AI analysis
Q3 2025 · reported Oct 23, 2025
Based on: Earnings release + parent 8-K — transcript not held
The quarter in charts
Segment mix
Business-unit revenue, as stated
Segment revenue figures as stated in the event record.
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $380 million | — | — |
| Completion Services revenue | $705 million | — | — |
| Drilling Products revenue | $86 million | — | — |
| Other revenue | $5 million | — | — |
Guidance · company-stated
No guidance located in the held release
“Overall, we expect Drilling Services adjusted gross profit of $150 million in the fourth quarter.”
Capital allocation
Our low leverage and strong liquidity give us significant flexibility in capital allocation going forward, and we will continue to deploy capital only towards opportunities we believe will deliver high long-term returns for our shareholders, including the option to further accelerate our share repurchase program.
Event summary
We think this outperformance is a function of the focus and execution of the teams in each of our segments and the technology edge that we are using to deliver better drilling and completion results for our customers
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
Our low leverage and strong liquidity give us significant flexibility in capital allocation going forward, and we will continue to deploy capital only towards opportunities we believe will deliver high long-term returns for our shareholders, including the option to further accelerate our share repurchase program.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
We expect capital expenditures to approximate $140 million during the fourth quarter.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
For full-year 2025, we now expect capital expenditures to be below $600 million, before considering the benefit of $33 million in asset sales we have realized through the third quarter.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
For full-year 2025, our updated capital expenditure budget is lower than previously expected.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
We present adjusted free cash flow as a supplemental disclosure because we believe that it is an important liquidity measure and that it is useful to investors and management as a measure of the company s ability to generate cash flow, after reinvesting in the company, that could be available for financing cash flows, such as dividend payments, share repurchases and or repurchases of long-term indebtedness.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Strategy & priorities
Operationally, our teams are performing well, and we continue to enhance our commercial strategy through additional integration and performance-based agreements, while at the same time we are lowering our cost structure.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Words such as anticipate, believe, budgeted, continue, could, estimate, expect, intend, may, plan, potential, predict, project, pursue, see, should, strategy target, or will, and similar expressions are intended to identify such forward-looking statements.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Risks & headwinds
These statements are subject to numerous risks and uncertainties, many of which are beyond Patterson-UTI's control, which could cause actual results to differ materially from the results expressed or implied by the statements.
SEC original ↗Patterson Uti Energy Inc. — Earnings release (8-K exhibit)EX-99Oct 23, 2025
Earnings deck slides
0 decks with slide viewPatterson Uti Energy Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Patterson Uti Energy Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
31 documents- Q3 2026
- 8-KPTEN
Oct 29, 2026
- Q2 2026
- 8-KPTEN
- 10-QPTEN
- 8-KPTEN
Jul 30, 2026
- Q1 2026
- 8-KPTEN
- 8-KPTEN
May 26, 2026
- 8-KPTEN
May 19, 2026
- 8-KPTEN
- 8-KPTEN
Apr 28, 2026
- 10-QPTEN
- 8-KPTEN
Apr 23, 2026
- Q4 2025
- 10-KPTEN
Feb 10, 2026
- 8-KPTEN
- 8-KPTEN
- Q3 2025
- 10-QPTEN
- 8-KPTEN
Oct 23, 2025
- Q2 2025
- 8-KPTEN
Sep 19, 2025
- 8-KPTEN
- 8-KPTEN
- 10-QPTEN
- 8-KPTEN
Jul 24, 2025
- Q1 2025
- 8-KPTEN
- 8-KPTEN
- 10-QPTEN
- 8-KPTEN
Apr 24, 2025
- 8-KPTEN
- Q4 2024
- 10-KPTEN
Feb 11, 2025
- 8-KPTEN
- 8-KPTEN
- 8-KPTEN
- Q3 2024
- 10-QPTEN
Earnings releases
9 documentsPresentations
2 documents
Transcripts
0 documentsNo transcripts for Patterson Uti Energy Inc. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.