PTENNasdaqDrilling Oil & Gas WellsFiscal year ends December 31
PATTERSON UTI ENERGY INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$12.05+0.55 (+4.78%)
Close on Oct 19, 2026
- Market cap
- $4.58B
- P/E (TTM)
- –
- Dividend yield
- 2.66%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
429M of 381M shares
Institutional holders
437
86 new, 56 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 18 sales
Net sold $33.89M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 55,550,653 | 14.40% | 13G (passive) amendment | Mar 31, 2025 |
| Blackstone Holdings III GP Management L.L.C. | 28,061,525 | 7.30% | 13G (passive) amendment | Jun 30, 2025 |
| Vanguard Portfolio Management | 27,192,996 | 7.16% | 13G (passive) | Mar 31, 2026 |
| Dimensional Fund Advisors LP | 21,211,576 | 5.60% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 19,259,019 | 5.07% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PTEN | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 62,879,513 | 16.49% | $577.23M | +1,996,064 | 0.01% |
| Vanguard Portfolio Management LLC | 27,204,105 | 7.13% | $249.73M | +144,547 | 0.01% |
| Dimensional Fund Advisors LP | 22,781,002 | 5.97% | $209.14M | +1,569,426 | 0.04% |
| Vanguard Capital Management LLC | 16,680,039 | 4.37% | $153.12M | +59,231 | 0.00% |
| Goldman Sachs Group Inc | 16,340,271 | 4.28% | $150.00M | +1,104,737 | 0.01% |
| American Century Companies Inc | 16,246,027 | 4.26% | $149.14M | −160,025 | 0.07% |
| State Street Corp | 15,097,065 | 3.96% | $138.59M | +111,472 | 0.00% |
| Sourcerock Group LLC | 14,553,804 | 3.82% | $133.60M | −1,755,713 | 6.95% |
| Invesco Ltd. | 12,932,424 | 3.39% | $118.72M | −441,814 | 0.01% |
| Fuller & Thaler Asset Management, Inc. | 11,820,582 | 3.10% | $108.51M | −432,768 | 0.30% |
| Geode Capital Management, LLC | 10,389,484 | 2.72% | $95.39M | +1,567,684 | 0.01% |
| Principal Financial Group Inc | 9,021,589 | 2.37% | $82.82M | −428,758 | 0.04% |
| Renaissance Technologies LLC | 7,956,899 | 2.09% | $73.04M | +3,828,800 | 0.10% |
| Van Eck Associates Corp | 7,132,532 | 1.87% | $65.48M | −1,774,461 | 0.04% |
| Nomura Asset Management International Inc. | 7,079,207 | 1.86% | $64.99M | +382,053 | 0.10% |
| Franklin Resources Inc | 6,637,418 | 1.74% | $60.93M | +4,983,568 | 0.01% |
| Encompass Capital Advisors LLC | 5,921,072 | 1.55% | $54.36M | New | 1.93% |
| Webs Creek Capital Management LP | 5,852,934 | 1.53% | $53.73M | +1,473,276 | 10.18% |
| Bank Of America Corp /De/ | 5,678,838 | 1.49% | $52.13M | +823,672 | 0.00% |
| Morgan Stanley | 5,283,131 | 1.39% | $48.50M | −1,616,609 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 437 | 429M | 100.0% | 86 / 176 | 112 / 56 | 64M | 59M |
| Q1 2026 | 414 | 424M | 100.0% | 91 / 136 | 128 / 42 | 121M | 91M |
| Q4 2025 | 373 | 437M | 100.0% | 72 / 124 | 124 / 61 | 79M | 47M |
| Q3 2025 | 369 | 407M | 100.0% | 58 / 123 | 130 / 46 | 29M | 41M |
| Q2 2025 | 361 | 419M | 100.0% | 54 / 121 | 125 / 70 | 60M | 43M |
| Q1 2025 | 381 | 402M | 100.0% | 66 / 134 | 126 / 41 | 57M | 56M |
| Q4 2024 | 365 | 404M | 100.0% | 64 / 139 | 116 / 60 | 67M | 53M |
| Q3 2024 | 367 | 390M | 100.0% | 60 / 149 | 115 / 49 | 103M | 55M |
| Q2 2024 | 359 | 401M | 100.0% | 61 / 134 | 105 / 66 | 50M | 62M |
| Q1 2024 | 368 | 414M | 100.0% | 72 / 127 | 129 / 56 | 64M | 53M |
| Q4 2023 | 359 | 404M | 100.0% | 62 / 122 | 127 / 57 | 54M | 46M |
| Q3 2023 | 357 | 395M | 100.0% | 105 / 164 | 59 / 32 | 200M | 20M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PTEN | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 20,813,867 | 5.46% | $191.07M | 0.17% | Jun 30, 2026 |
| Avantis U.S. Small Cap Value ETF | 13,761,705 | 3.61% | $154.27M | 0.57% | May 31, 2026 |
| Vanguard Total Stock Market Index Fund | 12,053,413 | 3.16% | $110.65M | 0.00% | Jun 30, 2026 |
| Invesco Small Cap Value Fund | 10,814,304 | 2.84% | $113.33M | 1.02% | Jul 31, 2026 |
| Undiscovered Managers Behavioral Value Fund | 9,628,810 | 2.52% | $88.39M | 0.98% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 9,033,446 | 2.37% | $82.93M | 0.10% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 8,709,785 | 2.28% | $79.96M | 0.04% | Jun 30, 2026 |
| VanEck Oil Services ETF | 6,271,132 | 1.64% | $57.57M | 2.89% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 5,514,990 | 1.45% | $50.63M | 0.07% | Jun 30, 2026 |
| U.S. Small Cap Value Portfolio | 5,130,876 | 1.35% | $53.77M | 0.28% | Jul 31, 2026 |
| Nomura Small Cap Core Fund | 4,987,406 | 1.31% | $55.91M | 1.01% | May 29, 2026 |
| Vanguard Extended Market Index Fund | 3,964,089 | 1.04% | $36.39M | 0.04% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 3,851,236 | 1.01% | $40.36M | 0.12% | Jul 31, 2026 |
| iShares Russell 2000 Value ETF | 3,308,727 | 0.87% | $30.37M | 0.21% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 3,262,982 | 0.86% | $34.20M | 0.20% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| William Andrew Hendricks JR | President & CEO, Director | 2,042,474 | 0.54% | Sep 21, 2026 |
| Seth David Wexler | EVP, General Counsel&Secretary | 404,582 | 0.11% | Sep 3, 2026 |
| Forrest C. Robinson | Chief Accounting Officer | 77,675 | 0.02% | Jun 10, 2026 |
| James Michael Holcomb | EVP & Chief Operating Officer | 421,523 | 0.11% | Jun 1, 2026 |
| Charles Andrew Smith | EVP & Chief Financial Officer | 713,439 | 0.19% | May 12, 2026 |
| Kenneth N. Berns | Executive Vice President | 1,077,987 | 0.28% | May 12, 2026 |
| Robert Wayne Drummond Jr | Director | 928,773 | 0.24% | Sep 3, 2026 |
| James Carl Stewart | Director | 114,116 | 0.03% | Aug 26, 2026 |
| Cesar Jaime | Director | 77,462 | 0.02% | May 7, 2026 |
| Tiffany Thom Cepak | Director | 161,111 | 0.04% | Mar 6, 2026 |
| Gary M. Halverson | Director | 196,612 | 0.05% | Jan 5, 2026 |
| Curtis W. Huff | Director | 450,040 | 0.12% | Jan 5, 2026 |
| Amy H. Nelson | Director | 191,468 | 0.05% | Jan 5, 2026 |
| Janeen S. Judah | Director | 187,695 | 0.05% | Jan 5, 2026 |
| Julie J. Robertson | Director | 87,462 | 0.02% | Jan 5, 2026 |
| Leslie Ann Beyer | Director | 55,120 | 0.01% | Jan 3, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| William Andrew Hendricks JR President & CEO, Director | Sep 18, 2026 | Sale(10b5-1 plan) | −250,000 | $11.91 | $2.98M | 2,042,474 |
| Robert Wayne Drummond Jr Director | Sep 2, 2026 | Sale | −198,395 | $12.85 | $2.55M | 928,773 |
| William Andrew Hendricks JR President & CEO, Director | Sep 2, 2026 | Sale | −250,000 | $12.93 | $3.23M | 2,292,474 |
| Robert Wayne Drummond Jr Director | Sep 1, 2026 | Sale | −1,605 | $12.85 | $20.62K | 1,127,168 |
| Seth David Wexler EVP, General Counsel&Secretary | Sep 1, 2026 | Sale | −120,000 | $12.75 | $1.53M | 404,582 |
| James Carl Stewart Director | Aug 25, 2026 | Sale | −207,000 | $11.54 | $2.39M | 0 |
| Forrest C. Robinson Chief Accounting Officer | Jun 9, 2026 | Award | +20,833 | – | – | 77,675 |
| Forrest C. Robinson Chief Accounting Officer | Jun 9, 2026 | Tax withholding | −5,749 | $11.90 | $68.41K | 71,926 |
| Forrest C. Robinson Chief Accounting Officer | Jun 8, 2026 | Sale | −13,670 | $12.01 | $164.18K | 56,842 |
| William Andrew Hendricks JR President & CEO, Director | Jun 5, 2026 | Sale | −200,000 | $11.64 | $2.33M | 2,542,474 |
| James Michael Holcomb EVP & Chief Operating Officer | May 28, 2026 | Sale | −150,000 | $11.47 | $1.72M | 421,523 |
| Kenneth N. Berns Executive Vice President | May 9, 2026 | Tax withholding | −12,096 | $11.42 | $138.14K | 1,043,987 |
| William Andrew Hendricks JR President & CEO, Director | May 9, 2026 | Tax withholding | −48,952 | $11.42 | $559.03K | 2,742,474 |
| Charles Andrew Smith EVP & Chief Financial Officer | May 9, 2026 | Tax withholding | −13,016 | $11.42 | $148.64K | 713,439 |
| James Michael Holcomb EVP & Chief Operating Officer | May 9, 2026 | Tax withholding | −12,395 | $11.42 | $141.55K | 571,523 |
| Seth David Wexler EVP, General Counsel&Secretary | May 9, 2026 | Tax withholding | −10,363 | $11.42 | $118.35K | 524,582 |
| Seth David Wexler EVP/General Counsel/Secretary | May 5, 2026 | Tax withholding | −8,185 | $12.29 | $100.59K | 534,945 |
| Cesar Jaime Director | May 5, 2026 | Sale | −10,000 | $12.29 | $122.90K | 77,462 |
| Charles Andrew Smith EVP & Chief Financial Officer | May 5, 2026 | Tax withholding | −11,943 | $12.29 | $146.78K | 726,455 |
| James Michael Holcomb EVP & Chief Operating Officer | May 5, 2026 | Tax withholding | −9,741 | $12.29 | $119.72K | 583,918 |
| Kenneth N. Berns Executive Vice President | May 5, 2026 | Tax withholding | −12,680 | $12.29 | $155.84K | 1,056,083 |
| William Andrew Hendricks JR President & CEO, Director | May 5, 2026 | Tax withholding | −31,677 | $12.29 | $389.31K | 2,791,426 |
| Robert Wayne Drummond Jr Director | May 4, 2026 | Sale | −61,475 | $12.02 | $738.93K | 1,128,773 |
| Seth David Wexler EVP/General Counsel/Secretary | May 1, 2026 | Tax withholding | −11,438 | $12.22 | $139.77K | 543,130 |
| Seth David Wexler EVP/General Counsel/Secretary | May 1, 2026 | Option exercise | +20,600 | – | – | 563,730 |
| Seth David Wexler EVP/General Counsel/Secretary | May 1, 2026 | Returned to company | −20,600 | $10.80 | $222.48K | 543,130 |
| William Andrew Hendricks JR President & CEO, Director | May 1, 2026 | Option exercise | +97,333 | – | – | 3,170,436 |
| William Andrew Hendricks JR President & CEO, Director | May 1, 2026 | Returned to company | −97,333 | $10.80 | $1.05M | 3,073,103 |
| William Andrew Hendricks JR President & CEO, Director | May 1, 2026 | Sale | −250,000 | $11.85 | $2.96M | 2,823,103 |
| William Andrew Hendricks JR President & CEO, Director | May 1, 2026 | Tax withholding | −53,989 | $12.22 | $659.75K | 3,073,103 |
| Kenneth N. Berns Executive Vice President | May 1, 2026 | Returned to company | −20,033 | $10.80 | $216.36K | 1,068,763 |
| Kenneth N. Berns Executive Vice President | May 1, 2026 | Option exercise | +20,033 | – | – | 1,088,796 |
| Kenneth N. Berns Executive Vice President | May 1, 2026 | Tax withholding | −11,157 | $12.22 | $136.34K | 1,068,763 |
| Charles Andrew Smith EVP & Chief Financial Officer | May 1, 2026 | Returned to company | −24,033 | $10.80 | $259.56K | 738,398 |
| Charles Andrew Smith EVP & Chief Financial Officer | May 1, 2026 | Option exercise | +24,033 | – | – | 762,431 |
| Charles Andrew Smith EVP & Chief Financial Officer | May 1, 2026 | Tax withholding | −14,357 | $12.22 | $175.44K | 738,398 |
| James Michael Holcomb EVP & Chief Business Officer | May 1, 2026 | Tax withholding | −13,665 | $12.22 | $166.99K | 593,659 |
| James Michael Holcomb EVP & Chief Business Officer | May 1, 2026 | Option exercise | +22,900 | – | – | 616,559 |
| James Michael Holcomb EVP & Chief Business Officer | May 1, 2026 | Returned to company | −22,900 | $10.80 | $247.32K | 593,659 |
| Robert Wayne Drummond Jr Director | May 1, 2026 | Sale | −322,699 | $12.04 | $3.89M | 1,190,248 |
| Seth David Wexler EVP/General Counsel/Secretary | Apr 30, 2026 | Award | +49,300 | – | – | 554,568 |
| William Andrew Hendricks JR President & CEO, Director | Apr 30, 2026 | Award | +232,900 | – | – | 3,127,092 |
| Kenneth N. Berns Executive Vice President | Apr 30, 2026 | Award | +47,900 | – | – | 1,079,920 |
| Charles Andrew Smith EVP & Chief Financial Officer | Apr 30, 2026 | Award | +57,500 | – | – | 752,755 |
| James Michael Holcomb EVP & Chief Business Officer | Apr 30, 2026 | Award | +54,800 | – | – | 607,324 |
| Robert Wayne Drummond Jr Director | Mar 16, 2026 | Sale | −164,775 | $10.18 | $1.68M | 0 |
| Tiffany Thom Cepak Director | Mar 4, 2026 | Sale | −12,000 | $8.86 | $106.32K | 161,111 |
| Robert Wayne Drummond Jr Director | Feb 13, 2026 | Sale | −400,000 | $8.17 | $3.27M | 164,775 |
| Curtis W. Huff Director | Jan 1, 2026 | Award | +40,098 | – | – | 450,040 |
| Robert Wayne Drummond Jr Director | Jan 1, 2026 | Award | +28,641 | – | – | 1,512,947 |
| Cesar Jaime Director | Jan 1, 2026 | Award | +28,641 | – | – | 87,462 |
| James Carl Stewart Director | Jan 1, 2026 | Award | +28,641 | – | – | 114,116 |
| Gary M. Halverson Director | Jan 1, 2026 | Award | +28,641 | – | – | 196,612 |
| Amy H. Nelson Director | Jan 1, 2026 | Award | +28,641 | – | – | 191,468 |
| Tiffany Thom Cepak Director | Jan 1, 2026 | Award | +28,641 | – | – | 173,111 |
| Julie J. Robertson Director | Jan 1, 2026 | Award | +28,641 | – | – | 87,462 |
| Janeen S. Judah Director | Jan 1, 2026 | Award | +28,641 | – | – | 187,695 |
| James Carl Stewart Director | Dec 18, 2025 | Sale | −368,254 | $5.87 | $2.16M | 207,000 |
| James Carl Stewart Director | Dec 17, 2025 | Sale | −350,000 | $5.87 | $2.05M | 575,254 |
| Forrest C. Robinson Chief Accounting Officer | Jun 9, 2025 | Tax withholding | −2,843 | $5.80 | $16.49K | 70,512 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| A. Hendricks William President & CEO | Sep 18, 2026 | 250,000 | $3.01M | Sep 18, 2026 | Compensation |
| Robert Wayne Drummond Jr Director | Sep 2, 2026 | 198,395 | $2.55M | Sep 2, 2026 | Restricted Stock Vesting |
| A. Hendricks William President & CEO | Sep 2, 2026 | 250,000 | $3.20M | Sep 2, 2026 | Compensation |
| Seth David Wexler Officer | Sep 1, 2026 | 120,000 | $1.53M | Sep 1, 2026 | Restricted Stock Vesting |
| Robert Wayne Drummond Jr Director | Sep 1, 2026 | 1,605 | $20.62K | Sep 1, 2026 | Restricted Stock Vesting |
| Stewart as Manager of General Partner for JCS Partners LP James Director | Aug 25, 2026 | 207,000 | $2.40M | Aug 25, 2026 | Merger with NexTier |
| A. Hendricks William President & CEO | Jun 5, 2026 | 200,000 | $2.48M | Jun 5, 2026 | Compensation |
| M. Holcomb James President | May 28, 2026 | 150,000 | $1.72M | May 28, 2026 | Equity Compensation |
| Cesar Jaime Director | May 5, 2026 | 10,000 | $122.85K | May 5, 2026 | Restricted Stock Vesting |
| A. Hendricks William President & CEO | May 1, 2026 | 250,000 | $3.06M | May 1, 2026 | Compensation |
| W. Drummond Robert Jr. Director | May 1, 2026 | 384,174 | $4.61M | May 1, 2026 | Acquired as compensation -- Restricted Stock Units |
| W. Drummond Robert Jr. Director | May 1, 2026 | 164,775 | $1.67M | Mar 16, 2026 | Acquired as compensation -- Restricted Stock Units |
| W. Drummond Robert Jr. Director | Mar 16, 2026 | 164,775 | $1.67M | Mar 16, 2026 | Acquired as compensation -- Restricted Stock Units |
| Thom Cepak Tiffany Director | Mar 4, 2026 | 12,000 | $106.32K | Mar 4, 2026 | Compensation |
| W. Drummond Robert Jr. Director | Feb 13, 2026 | 400,000 | $3.24M | Feb 13, 2026 | Acquired as compensation -- Restricted Stock Awards |