NYSE · PTEN
Energy · Oil & Gas Drilling
$11.75
Down-$1.13 (-9.57%)
Updated Nov 4, 2026, 8:15 PM
SID Score
6.7/10
Composite research score
Smart Money
—
Institutional and insider signal
Price performance · PTEN
1M range · 21 trading sessions · Daily adjusted prices
Prices through Nov 3, 2026
PTEN closed at $11.75 after 21 trading sessions, up 2.98% for the selected period.
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Nov 3, 2026 | $11.78 | $12.23 | $11.64 | $11.75 | 6.15M |
| Nov 2, 2026 | $12.92 | $13.00 | $11.77 | $11.80 | 11.81M |
| Oct 30, 2026 | $13.10 | $13.35 | $12.65 | $13.32 | 11.26M |
| Oct 29, 2026 | $12.60 | $12.72 | $12.33 | $12.69 | 13.22M |
| Oct 28, 2026 | $12.24 | $12.64 | $12.19 | $12.60 | 6.13M |
| Oct 27, 2026 | $12.205 | $12.35 | $12.115 | $12.21 | 4.78M |
| Oct 26, 2026 | $11.77 | $12.335 | $11.75 | $12.25 | 6M |
| Oct 23, 2026 | $11.37 | $12.16 | $11.37 | $11.97 | 5.29M |
| Oct 22, 2026 | $11.81 | $11.81 | $10.93 | $11.34 | 7.12M |
| Oct 21, 2026 | $11.66 | $11.905 | $11.52 | $11.675 | 6.4M |
| Oct 20, 2026 | $12.25 | $12.25 | $11.515 | $11.63 | 6.54M |
| Oct 19, 2026 | $11.46 | $12.10 | $11.40 | $12.05 | 8.95M |
| Oct 16, 2026 | $11.60 | $11.605 | $11.36 | $11.50 | 6.26M |
| Oct 15, 2026 | $11.48 | $11.48 | $10.965 | $11.31 | 6.47M |
| Oct 14, 2026 | $11.67 | $11.955 | $11.50 | $11.54 | 9.25M |
| Oct 13, 2026 | $11.41 | $11.605 | $11.115 | $11.52 | 4.81M |
| Oct 12, 2026 | $11.48 | $11.68 | $11.29 | $11.33 | 4.24M |
| Oct 9, 2026 | $11.46 | $11.635 | $11.305 | $11.31 | 4.43M |
| Oct 8, 2026 | $11.53 | $11.55 | $11.35 | $11.48 | 5.84M |
| Oct 7, 2026 | $11.43 | $11.6199 | $11.10 | $11.23 | 5.05M |
| Oct 6, 2026 | $11.41 | $11.56 | $11.072 | $11.41 | 6.87M |
The latest Smart Investors Daily articles mentioning PTEN.
Company
Market Activity
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PTEN research
Company profile and research snapshot.
Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
Visit company websiteConsensus and target data currently published for this company.
| Date | Firm | Rating | Target |
|---|---|---|---|
| Nov 3, 2026 | Piper Sandler | Overweight | — |
| Nov 2, 2026 | Morgan Stanley | Equal-Weight | — |
| Oct 30, 2026 | Susquehanna | Positive | — |
| Oct 30, 2026 | UBS | Neutral | — |
| Oct 30, 2026 | Barclays | Overweight | — |
Generated Nov 4, 2026, 7:13 PM
Patterson-UTI Energy shares declined sharply by 9.19% today, falling $1.08 despite receiving analyst support with price target increases from both Piper Sandler and Morgan Stanley. The selloff appears driven by broader market concerns about falling oil prices and elevated risk in the energy sector, overshadowing the positive analyst commentary on the drilling services company.
Bottom line: Patterson-UTI Energy faces a classic disconnect between analyst optimism and market pessimism, with today's 9.19% decline driven primarily by falling oil prices and sector-wide risk concerns rather than company-specific negative catalysts. Investors should monitor oil price stability and PTEN's upcoming earnings/operational updates, as analyst price targets suggest potential recovery if commodity markets stabilize—but downside risks remain elevated in a weak oil price environment.
Benzinga · Nov 3, 2026
Piper Sandler analyst Derek Podhaizer maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Overweight and raises the price target from $14 to $15.
Yahoo · Nov 2, 2026
Oil has just swung lower, with crude prices down over 4%, even as Wall Street banks like Goldman Sachs keep talking about high disruption risk and S&P Global’s Dan Yergin frames Iran as a structural fault line for energy markets. That mix of short term relief and ongoing threat is exactly where mispricing often appears. This piece walks through 3 large energy producers exposed to this news backdrop and how investors might think about them now. The stocks highlighted below are just a first...
Benzinga · Nov 2, 2026
Morgan Stanley analyst Daniel Kutz maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Equal-Weight and raises the price target from $12 to $13.
Benzinga · Oct 30, 2026
RBC Capital analyst Keith Mackey maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Outperform and raises the price target from $15 to $17.
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The latest Smart Investors Daily articles mentioning PTEN.
