Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Patterson-UTI Energy, Inc. before investing.

In this article, we go over a few key elements for understanding Patterson-UTI Energy, Inc.’s stock price such as:

• Patterson-UTI Energy, Inc.’s current stock price and volume
• Why Patterson-UTI Energy, Inc.’s stock price changed recently
• Upgrades and downgrades for PTEN from analysts
• PTEN’s stock price momentum as measured by its relative strength

About Patterson-UTI Energy, Inc. (PTEN)

Before we jump into Patterson-UTI Energy, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

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Patterson-UTI Energy, Inc.’s Stock Price as of Market Close

As of August 10, 2026, 3:01 PM, CST, Patterson-UTI Energy, Inc.’s stock price was $10.965.

Patterson-UTI Energy, Inc. is up 11.09% from its previous closing price of $9.870.

During the last market session, Patterson-UTI Energy, Inc.’s stock traded between $10.130 and $11.010. Currently, there are approximately 380.19 million shares outstanding for Patterson-UTI Energy, Inc..

Patterson-UTI Energy, Inc.’s trailing earnings per share are negative, so the stock does not have a meaningful P/E ratio. We suggest investors evaluate other financial metrics to understand its overall valuation.

Patterson-UTI Energy, Inc. Stock Price History

Patterson-UTI Energy, Inc.’s (PTEN) price is currently up 4.63% so far this month.

During the month of August, Patterson-UTI Energy, Inc.’s stock price has reached a high of $11.010 and a low of $9.520.

Over the last year, Patterson-UTI Energy, Inc. has hit prices as high as $13.080 and as low as $5.100. Year to date, Patterson-UTI Energy, Inc.’s stock is up 79.46%.

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What Caused Patterson-UTI Energy, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of August 07, 2026,, no analysts have changed their rating of Patterson-UTI Energy, Inc.’s stock over the last month.

Additionally, you'll want to evaluate Patterson-UTI Energy, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Patterson-UTI Energy, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Patterson-UTI Energy, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Patterson-UTI Energy, Inc. (PTEN) by visiting AAII Stock Evaluator.

Relative Price Strength of Patterson-UTI Energy, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 07, 2026, Patterson-UTI Energy, Inc. has a weighted four-quarter relative price strength of 6.85%, which translates to a Momentum Score of 75 and is considered to be Strong.

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Patterson-UTI Energy, Inc. Stock Price: Bottom Line

As of August 10, 2026, Patterson-UTI Energy, Inc.’s stock price is $10.965, which is up 11.09% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Patterson-UTI Energy, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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