Stoky
Back to explore
N
NoahListening
A
AshListening
0:00 / 0:00I. Business Operations and Drilling Activity
PTEN logo

Patterson-UTI Maintains $1 Billion Cash Flow Amid 11% Drop in Active Rig Count

PTEN10-KFiling Date: 2/10/2026
Patterson-UTI Energy, Inc.
Description

What this story covers

Patterson-UTI navigates a softening market by modernizing its fleet with 137 super-spec rigs. Despite declining rig counts and pricing pressures, the company generated $1 billion in operating cash flow, maintaining robust liquidity and a $291 million drilling backlog.

Story snapshot

CompanyPatterson-UTI Energy, Inc.
TickerPTEN
VariantStandard detailed
Duration13:10
Filing type10-K
PeriodAnnual 2025
IndustryEnergy
Accession0000889900-26-000013
Sources1

Full Story Script

Content not available for this story.

Primary Sources

sec_filing10-KView on SEC.gov →

Ask Noah

Question the story, source filings, and key financial signals.

Sign in to chat with Noah

Ask questions about revenue, margins, risk factors, filings and more. Noah uses retrieval-augmented analysis over raw financial disclosures.

Sign in