Apr. 23 at 10:13 AM
$PTEN Q1 '26 Earnings Results & Recap
• Reported GAAP EPS of -
$0.06
• Reported revenue of
$1.12B down -12.75% YoY
• Patterson-UTI Energy Inc expects second quarter Drilling Services adjusted gross profit of approximately
$130M and Completion Services adjusted gross profit of
$105M, with general and administrative expense around
$67M.