[SCHEDULE 13G] PATTERSON UTI ENERGY INC Passive Investment Disclosure (>5%)
Dimensional reports 5.6% stake in Patterson-UTI
Patterson-UTI Energy Inc. Schedule 13G shows Dimensional Fund Advisors reports beneficial ownership of 21,211,576 shares of common stock, representing 5.6% of the class as of 03/31/2026.
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Patterson-UTI Energy Inc. Schedule 13G shows Dimensional Fund Advisors reports beneficial ownership of 21,211,576 shares of common stock, representing 5.6% of the class as of 03/31/2026. The filing states Dimensional furnishes investment advice to funds that own these shares and disclaims direct beneficial ownership.
Insights
Dimensional reports a passive >5% holding via client funds.
Dimensional Fund Advisors discloses 21,211,576 shares (5.6%) held by funds for which it provides advisory services, with 20,807,923 sole voting power and 21,211,576 sole dispositive power as stated.
Filing is a standard Schedule 13G disclosure for passive institutional investors; cash‑flow treatment and trading intentions are not stated in the excerpt, so subsequent filings could show changes.
Disclosure emphasizes advisory role and disclaimer of beneficial ownership.
The schedule explains that the shares are owned by investment companies and accounts (the "Funds") advised or sub‑advised by Dimensional, and Dimensional expressly disclaims beneficial ownership while reporting voting and dispositive powers it may exercise on behalf of those Funds.
Signatory is the Global Chief Compliance Officer, dated 04/09/2026, which confirms timely compliance with reporting requirements.
Key Figures
Beneficially owned:21,211,576 sharesPercent of class:5.6%Sole voting power:20,807,923 shares+4 more
7 metrics
Beneficially owned21,211,576 sharesAmount beneficially owned as stated in Item 4
Percent of class5.6%Percent of class reported in Item 4
Sole voting power20,807,923 sharesSole power to vote reported in Item 4(c)(i)
Sole dispositive power21,211,576 sharesSole power to dispose reported in Item 4(c)(iii)
Reporting period03/31/2026Date to which ownership is reported
Form signature date04/09/2026Signature date by Global Chief Compliance Officer
CUSIP703481101CUSIP for Patterson-UTI common stock listed on cover
Key Terms
beneficially owned, sole dispositive power, Schedule 13G, disclaims beneficial ownership
4 terms
beneficially ownedregulatory
"Amount beneficially owned: 21,211,576 ** see Note 1 **"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole dispositive powerregulatory
"Sole power to dispose or to direct the disposition of: 21,211,576** see Note 1 **"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13Gregulatory
"Item 1. (a) Name of issuer: Patterson-UTI Energy Inc"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
disclaims beneficial ownershipregulatory
"Dimensional disclaims beneficial ownership of such securities."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Dimensional Fund Advisors hold in PTEN?
Dimensional reports 21,211,576 shares, equal to 5.6% of PTEN common stock as of 03/31/2026. The filing states these shares are held by funds advised or sub‑advised by Dimensional; Dimensional disclaims direct beneficial ownership.
How much voting power does Dimensional report for PTEN shares?
Dimensional reports 20,807,923 shares as sole voting power for PTEN. The schedule lists voting and dispositive power figures separately and attributes ownership to client Funds rather than to Dimensional itself.
Does Dimensional claim beneficial ownership of PTEN shares?
The filing states Dimensional "disclaims beneficial ownership" of the shares. It reports voting and dispositive powers as investment adviser to Funds that legally own the 21,211,576 shares it lists.
What date and signature appear on the Schedule 13G for PTEN?
The beneficial ownership is reported as of 03/31/2026 and the form is signed by Selwyn Notelovitz, Global Chief Compliance Officer, dated 04/09/2026. The CUSIP shown is 703481101.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Patterson-UTI Energy Inc
(Name of Issuer)
Common Stock
(Title of Class of Securities)
703481101
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
703481101
1
Names of Reporting Persons
Dimensional Fund Advisors LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
20,807,923.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
21,211,576.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
21,211,576.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.6 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Patterson-UTI Energy Inc
(b)
Address of issuer's principal executive offices:
10713 West Sam Houston Parkway, Suite 800, Houston, TX 77064
Item 2.
(a)
Name of person filing:
Dimensional Fund Advisors LP
(b)
Address or principal business office or, if none, residence:
6300 Bee Cave Road, Building One, Austin, TX 78746
(c)
Citizenship:
Delaware Limited Partnership
(d)
Title of class of securities:
Common Stock
(e)
CUSIP Number(s):
703481101
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
21,211,576 ** see Note 1 **
** Note 1 ** Dimensional Fund Advisors LP, an investment adviser registered under Section 203 of the Investment Advisors Act of 1940, furnishes investment advice to four investment companies registered under the Investment Company Act of 1940, and serves as investment manager or sub-adviser to certain other commingled funds, group trusts and separate accounts (such investment companies, trusts and accounts, collectively referred to as the "Funds"). In certain cases, subsidiaries of Dimensional Fund Advisors LP may act as an adviser or sub-adviser to certain Funds. In its role as investment advisor, sub-adviser and/or manager, Dimensional Fund Advisors LP or its subsidiaries (collectively, "Dimensional") may possess voting and/or investment power over the securities of the Issuer that are owned by the Funds, and may be deemed to be the beneficial owner of the shares of the Issuer held by the Funds. However, all securities reported in this schedule are owned by the Funds. Dimensional disclaims beneficial ownership of such securities. In addition, the filing of this Schedule 13G shall not be construed as an admission that the reporting person or any of its affiliates is the beneficial owner of any securities covered by this Schedule 13G for any other purposes than Section 13(d) of the Securities Exchange Act of 1934.
(b)
Percent of class:
5.6 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
20,807,923** see Note 1 **
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
21,211,576** see Note 1 **
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Funds described in Note 1 above have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the securities held in their respective accounts. To the knowledge of Dimensional, the interest of any one such Fund does not exceed 5% of the class of securities. Dimensional Fund Advisors LP disclaims beneficial ownership of all such securities.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
