Welcome to our dedicated page for PATTERSON UTI ENERGY SEC filings (Ticker: PTEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Patterson-UTI Energy Inc. filings document operating results, financing arrangements, governance matters, and capital-structure disclosures for an oilfield services company focused on drilling and well completion markets. Form 8-K reports include quarterly results, dividend disclosures, material agreements, credit agreement amendments, and direct financial obligations tied to revolving credit commitments.
Proxy materials describe annual meeting proposals, board matters, executive compensation, equity awards, and shareholder voting procedures. Other filings record director changes and related governance disclosures, alongside formal exhibits such as press releases, credit agreement amendments, and other material-event documentation.
PATTERSON UTI ENERGY INC (PTEN) reported that President & CEO William Andrew Hendricks Jr. sold 250,000 shares of common stock on September 18, 2026, in an open-market or private transaction at a weighted average price of $11.91 per share. The sales were made under a Rule 10b5-1 trading plan adopted on June 18, 2026. Following this transaction, he directly holds 2,042,474 shares of PTEN common stock.
Patterson-UTI Energy, Inc. (PTEN) received a Rule 144 notice that President and CEO William A. Hendricks, through J.P. Morgan Securities LLC as agent and attorney-in-fact, intends to sell 250,000 shares of common stock on or about September 18, 2026. The filing lists an aggregate market value of approximately $3,007,500 for these shares and reports 381,384,874 common shares outstanding as of that sale date. The shares to be sold were acquired as compensation from the issuer on March 14, 2022.
The filing also reports that in the prior three months, 250,000 common shares of Patterson-UTI Energy were sold on September 2, 2026 for total proceeds of approximately $3,231,275.
Patterson-UTI Energy, Inc. (PTEN) released an investor presentation highlighting its drilling, completion and drilling products businesses and their cash-generation profile. Management expects 2026 adjusted free cash flow to more than fund the annual dividend, with 2026 capital expenditures, net of asset sales, projected at approximately $600 million.
The company reports strong through-cycle metrics, including last-twelve-month adjusted EBITDA of $876.6 million and unlevered cash conversion in the mid‑30% range. Adjusted gross profit for the twelve months ended June 30, 2026 was led by Drilling Services at $533.9 million (47% of total), Completion Services at $443.1 million (39%), and Drilling Products at $139.8 million (12%). PTEN emphasizes disciplined capital allocation, an investment grade capital structure with ~$701 million of liquidity, net debt of about $1.09 billion, and a commitment to return at least 50% of adjusted free cash flow to shareholders, having returned more than 85% since the beginning of 2024.
PATTERSON UTI ENERGY INC (PTEN) director Robert Wayne Drummond Jr reported selling a total of 200,000 shares of common stock in early September 2026. On September 2, 2026, he sold 198,395 shares at a weighted average price of $12.85 per share in trades ranging from $12.85 to $12.86, and on September 1, 2026 he sold 1,605 shares at $12.85 per share. No Rule 10b5-1 trading plan is reported.
PATTERSON UTI ENERGY INC (PTEN) insider Seth David Wexler, EVP, General Counsel & Secretary, sold 120,000 shares of common stock on September 1, 2026 in an open-market or private transaction at a weighted average price of $12.75 per share, and directly held 404,582 shares afterward. The transaction was not reported as made under a Rule 10b5-1 trading plan and involved multiple trades between $12.75 and $12.76 per share.
PATTERSON UTI ENERGY INC (PTEN) President & CEO William Andrew Hendricks Jr reported selling 250,000 shares of common stock on September 2, 2026 in a sale characterized as an open market or private transaction at a weighted average price of $12.93 per share, with individual trades ranging from $12.90 to $12.96. Following this transaction, he directly holds 2,292,474 shares of PTEN common stock, and no Rule 10b5-1 trading plan is reported.
PATTERSON UTI ENERGY INC (PTEN) received a notice that President and CEO William A. Hendricks, through J.P. Morgan Securities LLC as his agent and attorney-in-fact, has filed to sell up to 250,000 shares of common stock under Rule 144.
The planned sale has an indicated aggregate market value of $3,197,500, with 381,384,874 common shares outstanding at the time of the notice. Hendricks previously sold 200,000 shares for $2,317,212.05 within the prior three months.
PATTERSON UTI ENERGY INC (PTEN) received a notice under Rule 144 that director Robert W. Drummond Jr., through Fidelity Brokerage Services LLC, may sell up to 198,395 shares of common stock, with an indicated aggregate market value of $2,549,549.53, against 381,384,874 shares outstanding as of a planned sale date of September 2, 2026 on NASDAQ. These shares were acquired from the issuer on September 1, 2023 via restricted stock vesting as compensation. The notice also reports a prior sale of 1,605 shares for $20,624.25 on September 1, 2026.
PATTERSON UTI ENERGY INC (PTEN) is the issuer of common stock that Robert W. Drummond Jr plans to sell under Rule 144. The notice covers 1,605 shares of common stock held at Fidelity Brokerage Services LLC, with an indicated value of $20,624.25, to be sold on NASDAQ. These shares originated from restricted stock vesting received as compensation from the issuer on 09/01/2023. The form is signed on behalf of Drummond by Fidelity Brokerage Services LLC as attorney-in-fact.
PATTERSON UTI ENERGY INC (PTEN) has a planned sale of restricted stock reported under Rule 144 for the account of officer Seth David Wexler. The notice covers the proposed sale of 120,000 shares of common stock through Fidelity Brokerage Services LLC on or after 09/01/2026 on NASDAQ.
The shares have an aggregate market value of $1,530,002.50 and are part of a larger base of 381,384,874 shares of common stock outstanding. The securities to be sold were acquired from the issuer as compensation upon restricted stock vesting in May 2022 and May 2023.