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As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q2. Today, we are looking at oilfield services stocks, starting with Patterson-UTI (NASDAQ:PTEN).

Patterson-UTI Energy (PTEN) has drawn fresh attention after its shares closed at US$11.78, capping a year in which total return reached 129.8% despite a loss of US$89.7 million. That 1-year total shareholder return of 129.8% has come with bumps along the way, including a 2.1% 1-day share price decline and an 8.3% 7-day pullback. Yet Patterson-UTI Energy still shows strong year-to-date share price momentum of 82.1% after a 17.3% gain over 90 days. Scan how Patterson-UTI Energy’s sharp 1-year...

Three companies with nothing in common all sent checks to shareholders within the same two-day window, and the reasons behind each payment reveal something very different about where each business is headed.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) reported on September 7 that it averaged 101 revenue-earning drilling rigs in the United States during August and 100 over the two months ended August 31. The count measures rigs earning revenue under drilling contracts. The announcement provided no day rates, contract duration, utilization by rig class, or margins. Management explicitly […]

HOUSTON, TX / ACCESS Newswire / September 7, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2026, the Company had an average of 101 drilling rigs operating in the United States.

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

What a fantastic six months it’s been for Patterson-UTI. Shares of the company have skyrocketed 41.1%, hitting $11.77. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Patterson-UTI Energy (PTEN) has an average rating of overweight and mean price target of $13.86, acc

Oil above $80 is boosting investor interest in energy stocks, with Patterson-UTI and Cactus positioned to benefit from stronger drilling demand.

HOUSTON, TX / ACCESS Newswire / August 14, 2026 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2026, the Company had an average of 98 drilling rigs operating in the United States. Average drilling rigs operating ...

Detailed price information for Sm Energy Company (SM-N) from The Globe and Mail including charting and trades.

A number of stocks jumped in the morning session after Brent crude failed to break below $80 and rebounded to the mid-$80s, as traders kept a geopolitical risk premium priced into oil despite ongoing Strait of Hormuz negotiations. Over the previous 24 hours, the UAE-vessel incident reversed the earlier price drop that had assumed a path to de-escalation. At the same time, Kpler data from the previous two days showed shipping traffic through the Strait of Hormuz plummeted about 33%, with only a h

Detailed price information for Sm Energy Company (SM-N) from The Globe and Mail including charting and trades.

The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 37.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Detailed price information for Patterson-Uti Energy (PTEN-Q) from The Globe and Mail including charting and trades.

Detailed price information for Patterson-Uti Energy (PTEN-Q) from The Globe and Mail including charting and trades.

The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

PTEN expects about 100 average U.S. rigs in Drilling Services during the third quarter, with adjusted gross profit projected at around $145 million.

Patterson-UTI Energy has almost doubled in the past year, yet current valuation checks suggest the stock now looks closer to fairly priced than clearly cheap. The share price has returned 98.6% over the last year, which puts recent gains front and center when thinking about what is already reflected in today's valuation. Future drilling activity and day-rate trends can support the current share price, while swings in energy demand and capital spending remain a key risk for how much investors...

Patterson-UTI Energy (PTEN) just released second quarter 2026 results, reporting revenue of US$1.23b, an earnings outcome at break-even rather than an expected loss, and continued investment in higher specification rigs and natural gas powered equipment. See our latest analysis for Patterson-UTI Energy. Patterson-UTI Energy's latest earnings beat aligns with a strong 22.29% one-month share price return and a 61.98% year-to-date share price gain. However, the three-year total shareholder...

Patterson-UTI Energy (PTEN) shares rose more than 5% in Friday afternoon trading after JPMorgan upgr

Detailed price information for Antero Resources Corp (AR-N) from The Globe and Mail including charting and trades.

Patterson-UTI Energy (PTEN) reported a Q2 net loss Wednesday of $0.05 per diluted share, compared wi

Patterson-UTI Energy Inc (PTEN) reports a 10% sequential revenue increase and significant pricing gains, while navigating a net loss from its Colombia exit and working capital headwinds.

Patterson-UTI Energy (NASDAQ:PTEN) reported second-quarter revenue of $1.228 billion, up 10% from the first quarter, as stronger drilling activity, higher pricing and near-full utilization of completion equipment lifted results across its operating segments. The company posted a net loss attributab

Moby summary of Patterson-UTI Energy, Inc.'s Q2 2026 earnings call

HOUSTON, TX / ACCESS Newswire / July 29, 2026 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2026. Second Quarter 2026 Financial Results and Other Key Items Second Quarter 2026 Total Revenue ...

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While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Oilfield services company Patterson-UTI (NASDAQ:PTEN) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, but sales were flat year on year at $1.23 billion. Its GAAP loss of $0.05 per share was $0.02 below analysts’ consensus estimates.

Patterson-UTI (PTEN) delivered earnings and revenue surprises of +100.00% and +6.97%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

Oilfield services company Patterson-UTI (NASDAQ:PTEN) will be reporting earnings this Wednesday afternoon. Here’s what investors should know.

PTEN to report Q2 results on July 29, with estimates pointing to a narrower loss as lower operating costs offset pressure from weaker revenues.

The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 25.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Detailed price information for TC Energy Corp (TRP-N) from The Globe and Mail including charting and trades.

Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.