Patterson-UTI Energy, Inc.
PTEN
Rank in Stocks
#3793
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract... Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Share Price
$11.50
Last synced: 2026-10-16
Market Cap
$4.39B
Change (1 day)
1.70%
Change (1 year)
108.76%
Country
US
Trade Patterson-UTI Energy, Inc. (PTEN)
Category
Energy
Operating Margin for Patterson-UTI Energy, Inc. (PTEN)
Operating Margin as of October 2026 TTM: -1.14%
According to Patterson-UTI Energy, Inc. latest financial reports and stock price the company's current Operating Margin (TTM) is -1.14%. At the end of 2024 the company had an Operating Margin of -16.54%.
Operating Margin history for Patterson-UTI Energy, Inc. from 2000 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | -1.14% | 119.23% |
| 2025 | -0.52% | -96.86% |
| 2024 | -16.54% | -294.82% |
| 2023 | 8.49% | -182.11% |
| 2022 | -10.34% | -79.30% |
| 2021 | -49.94% | -37.07% |
| 2020 | -79.36% | 324.84% |
| 2019 | -18.68% | 92.98% |
| 2018 | -9.68% | -22.00% |
| 2017 | -12.41% | -75.09% |
| 2016 | -49.81% | 131.46% |
| 2015 | -21.52% | -341.80% |
| 2014 | 8.90% | -24.96% |
| 2013 | 11.86% | -35.05% |
| 2012 | 18.26% | -10.84% |
| 2011 | 20.48% | 49.16% |
| 2010 | 13.73% | -322.53% |
| 2009 | -6.17% | -125.17% |
| 2008 | 24.51% | -22.68% |
| 2007 | 31.70% | -22.32% |
| 2006 | 40.81% | 22.19% |
| 2005 | 33.40% | 95.21% |
| 2004 | 17.11% | 52.36% |
| 2003 | 11.23% | 1,654.69% |
| 2002 | 0.64% | -97.63% |
| 2001 | 26.99% | 99.19% |
| 2000 | 13.55% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 12.05% | -110.57% |
BM
|
|
| 23.35% | -120.48% |
US
|
|
| 26.91% | -123.61% |
SA
|
|
| 0.00% | - |
CH
|
|
| 0.00% | - |
CN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.