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The latest update is out from Patterson-UTI ( (PTEN) ).
On September 18, 2025, Leslie A. Beyer resigned from the Board of Directors of Patterson-UTI Energy, Inc. following her confirmation by the U.S. Senate as Assistant Secretary for Land and Minerals Management at the U.S. Department of the Interior. The company expressed gratitude for Beyer’s contributions, acknowledging her role in shaping industry policy and supporting the energy workforce, and anticipates her impactful service in her new governmental position.
The most recent analyst rating on (PTEN) stock is a Hold with a $6.00 price target. To see the full list of analyst forecasts on Patterson-UTI stock, see the PTEN Stock Forecast page.
Spark’s Take on PTEN Stock
According to Spark, TipRanks’ AI Analyst, PTEN is a Neutral.
Patterson-UTI’s overall stock score reflects significant financial challenges, including declining revenues and negative profitability. However, the company shows resilience through its strong financial position and growth in digital solutions. Technical indicators are mixed, and valuation metrics are weak due to unprofitability, but the dividend yield offers some investor appeal. Recent corporate events and earnings call sentiment provide a cautiously optimistic outlook.
To see Spark’s full report on PTEN stock, click here.
More about Patterson-UTI
Patterson-UTI is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. The company offers contract drilling services, integrated well completion services, and directional drilling services in the United States, as well as specialized drill bit solutions in the United States, Middle East, and other regions globally.
Average Trading Volume: 9,214,677
Technical Sentiment Signal: Sell
Current Market Cap: $2.11B
For detailed information about PTEN stock, go to TipRanks’ Stock Analysis page.