What is Atb Cap Markets’ Forecast for PTEN Q2 Earnings?

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) – Equities researchers at Atb Cap Markets issued their Q2 2025 EPS estimates for shares of Patterson-UTI Energy in a research note issued to investors on Monday, April 28th. Atb Cap Markets analyst W. Syed forecasts that the oil and gas company will post earnings of ($0.02) per share for the quarter. The consensus estimate for Patterson-UTI Energy’s current full-year earnings is ($0.10) per share. Atb Cap Markets also issued estimates for Patterson-UTI Energy’s Q3 2025 earnings at ($0.02) EPS, Q4 2025 earnings at ($0.06) EPS, FY2025 earnings at ($0.10) EPS, Q1 2026 earnings at ($0.02) EPS, FY2026 earnings at $0.03 EPS and FY2027 earnings at $0.20 EPS.

A number of other brokerages have also recently weighed in on PTEN. Raymond James cut shares of Patterson-UTI Energy from a “strong-buy” rating to a “market perform” rating in a research report on Monday, January 6th. Barclays dropped their target price on shares of Patterson-UTI Energy from $11.00 to $8.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group decreased their price target on Patterson-UTI Energy from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Thursday, April 10th. Morgan Stanley cut their price objective on Patterson-UTI Energy from $10.00 to $9.00 and set an “equal weight” rating on the stock in a report on Thursday, March 27th. Finally, Stifel Nicolaus lowered their target price on Patterson-UTI Energy from $13.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, April 15th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $10.88.

Patterson-UTI Energy Stock Up 3.9 %

Shares of PTEN opened at $5.86 on Thursday. The company’s 50-day moving average price is $7.05 and its 200 day moving average price is $7.86. Patterson-UTI Energy has a 12-month low of $5.12 and a 12-month high of $11.70. The company has a current ratio of 1.54, a quick ratio of 1.34 and a debt-to-equity ratio of 0.35. The firm has a market cap of $2.26 billion, a P/E ratio of -2.37 and a beta of 1.60.

Patterson-UTI Energy (NASDAQ:PTEN) last posted its earnings results on Wednesday, April 23rd. The oil and gas company reported $0.00 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.04. Patterson-UTI Energy had a positive return on equity of 0.81% and a negative net margin of 18.00%. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.18 billion. During the same quarter last year, the firm earned $0.15 earnings per share. The firm’s quarterly revenue was down 15.2% compared to the same quarter last year.

Patterson-UTI Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 16th. Investors of record on Monday, June 2nd will be issued a $0.08 dividend. The ex-dividend date is Monday, June 2nd. This represents a $0.32 annualized dividend and a yield of 5.46%. Patterson-UTI Energy’s dividend payout ratio (DPR) is -12.31%.

Insider Activity at Patterson-UTI Energy

In other Patterson-UTI Energy news, Director Robert Wayne Drummond, Jr. sold 230,000 shares of Patterson-UTI Energy stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $8.89, for a total transaction of $2,044,700.00. Following the completion of the sale, the director now directly owns 1,549,081 shares of the company’s stock, valued at $13,771,330.09. The trade was a 12.93 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO William Andrew Hendricks, Jr. acquired 25,000 shares of the company’s stock in a transaction dated Wednesday, March 12th. The stock was acquired at an average price of $7.88 per share, for a total transaction of $197,000.00. Following the acquisition, the chief executive officer now owns 2,482,592 shares in the company, valued at approximately $19,562,824.96. The trade was a 1.02 % increase in their position. The disclosure for this purchase can be found here. 2.30% of the stock is owned by corporate insiders.

Institutional Trading of Patterson-UTI Energy

Several institutional investors have recently modified their holdings of the stock. Pacer Advisors Inc. raised its stake in Patterson-UTI Energy by 10.6% during the 4th quarter. Pacer Advisors Inc. now owns 22,096,553 shares of the oil and gas company’s stock worth $182,518,000 after acquiring an additional 2,123,659 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in Patterson-UTI Energy by 89.1% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 16,954,738 shares of the oil and gas company’s stock worth $140,046,000 after purchasing an additional 7,989,877 shares during the period. ARGA Investment Management LP grew its position in Patterson-UTI Energy by 25.2% during the 1st quarter. ARGA Investment Management LP now owns 12,784,573 shares of the oil and gas company’s stock worth $105,089,000 after purchasing an additional 2,569,713 shares during the last quarter. American Century Companies Inc. increased its stake in Patterson-UTI Energy by 13.5% in the fourth quarter. American Century Companies Inc. now owns 9,636,471 shares of the oil and gas company’s stock valued at $79,597,000 after purchasing an additional 1,144,094 shares during the period. Finally, Van ECK Associates Corp raised its holdings in shares of Patterson-UTI Energy by 31.2% in the fourth quarter. Van ECK Associates Corp now owns 7,321,667 shares of the oil and gas company’s stock valued at $60,477,000 after buying an additional 1,743,241 shares during the last quarter. Hedge funds and other institutional investors own 97.91% of the company’s stock.

Patterson-UTI Energy Company Profile

Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.