Here are the 424B prospectus supplements from Patterson-UTI Energy Inc (PTEN) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow PTEN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PTEN filings page.
Patterson-UTI Energy, Inc. is offering $500,000,000 aggregate principal amount of 6.050% Senior Notes due May 15, 2036. The Notes pay interest semi-annually on May 15 and November 15, commencing November 15, 2026, and are unsecured senior obligations that are not initially guaranteed by subsidiaries.
The public offering price is 99.853% (gross proceeds $499,265,000), with underwriter discount 0.650% ($3,250,000) and estimated net proceeds of approximately $494.2 million, which the company expects to use to redeem its 3.95% Senior Notes due 2028 and for general corporate purposes.
Patterson-UTI Energy, Inc. is offering senior notes due 2036 under a preliminary prospectus supplement dated May 5, 2026 (terms such as aggregate principal amount and interest rate are not filled in on the excerpt). The offering is subject to completion and will be issued under Patterson-UTI’s existing indenture. The company states it expects to use net proceeds to redeem its outstanding 3.95% Senior Notes due 2028 (approximately $482.5 million outstanding as of March 31, 2026), subject to completion of this offering on or before June 4, 2026. Recent financing updates include an amendment to the Credit Agreement that extends $450 million of revolving commitments to January 31, 2031 and assigns $25 million of commitments from HSBC to JPMorgan. As of March 31, 2026, Patterson-UTI reported $2.8 million in letters of credit outstanding and approximately $497 million of available borrowing capacity under the Credit Agreement. The Notes will be unsecured senior obligations, initially unguaranteed by subsidiaries, issued in book-entry form and not listed on an exchange.