Patterson-UTI Energy is a major U.S. land oilfield services provider specializing in contract drilling and well completion. After combining with NexTier, it operates large fleets of drilling rigs and pressure-pumping equipment used by exploration and production companies to develop onshore oil and gas wells, primarily in North America. Its revenue is tied to drilling activity and completion intensity rather than owning hydrocarbon reserves.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 1,219.3 | — | -49.1 | — |
| Q3 2025 | 1,176 | — | -36.4 | — |
| Q4 2025 | 1,150.8 | — | -9.1 | — |
| Q1 2026 | 1,117.3 | — | -24.6 | — |
| Q2 2026 | 1,228 | 0.7% | -19.6 | — |
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