Patterson-UTI Energy, Inc. splits its revenue into 7 lines in its filings. The largest line in fiscal 2025, which ended Dec 31, 2025 was Completion Services at $2.9 billion, 60% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2026
Sep 30, 2026
|
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
FY 2016
Dec 31, 2016
|
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
4,812
|
4,794
|
5,312
|
4,072
|
2,567
|
1,357
|
1,124
|
2,471
|
3,327
|
2,357
|
916
|
| Completion Services |
2,943
+3.6%
share 61.2%
|
2,892
-10.5%
share 60.3%
|
3,233
+60.2%
share 60.9%
|
2,017
+97.3%
share 49.5%
|
1,022
+95.2%
share 39.8%
|
524
share 38.6%
|
—
|
—
|
—
|
—
|
—
|
| Drilling Services |
1,503
-6.3%
share 31.2%
|
1,558
-9.8%
share 32.5%
|
1,728
-10.0%
share 32.5%
|
1,920
+24.3%
share 47.1%
|
1,545
+97.0%
share 60.2%
|
784
share 57.8%
|
—
|
—
|
—
|
—
|
—
|
| Contract Drilling |
—
|
—
|
—
|
—
|
—
|
664
-0.8%
share 48.9%
|
669
-48.9%
share 59.5%
|
1,308
-8.5%
share 53.0%
|
1,430
+37.5%
share 43.0%
|
1,040
share 44.1%
|
—
|
| Completions Services |
—
|
—
|
—
|
—
|
—
|
524
+55.8%
share 38.6%
|
336
-61.3%
share 29.9%
|
869
-44.8%
share 35.2%
|
1,573
+31.1%
share 47.3%
|
1,200
share 50.9%
|
—
|
| Drilling Products |
365
+5.4%
share 7.6%
|
344
-2.3%
share 7.2%
|
352
+161.1%
share 6.6%
|
135
share 3.3%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Directional Drilling |
—
|
—
|
—
|
—
|
—
|
111
+52.0%
share 8.2%
|
73
-61.1%
share 6.5%
|
189
-9.8%
share 7.6%
|
209
+359.1%
share 6.3%
|
46
share 1.9%
|
—
|
| Other |
27
-40.0%
share 0.6%
|
33
-49.7%
share 0.7%
|
66
-12.0%
share 1.2%
|
75
-7.2%
share 1.8%
|
80
+63.6%
share 3.1%
|
49
+7.6%
share 3.6%
|
46
-56.5%
share 4.1%
|
105
-7.9%
share 4.2%
|
114
+60.9%
share 3.4%
|
71
share 3.0%
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.
Company profile
- Industry
- Drilling Oil & Gas Wells (SIC 1381)
- Listed as
- PTEN (Nasdaq)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Houston, TX
- SEC filer status
- Large accelerated filer
- SEC CIK
- 889900
- Former names
- PATTERSON ENERGY INC (until Apr 23, 2001)
Other Drilling Oil & Gas Wells companies
- Noble Corp plc NE
- Transocean Ltd. RIG
- Valaris Ltd VAL
- Helmerich & Payne, Inc. HP
- Baytex Energy Corp. BTE
- SEADRILL Ltd SDRL
- Nabors Industries Ltd NBR
- PRECISION DRILLING Corp PDS
Source: SEC EDGAR filings. This is company-reported data, not investment advice.