Patterson-UTI updates Q4 2025 guidance in January 2026 investor presentation
Patterson-UTI furnished an investor presentation dated January 5, 2026 that includes updates to its previously issued fourth-quarter 2025 guidance. The filing does not state the updated guidance figures in the text provided, so the direction of the change cannot be determined from this document alone.
Key points
- Drilling Services averaged 93 active rigs in the United States in Q4 2025
- Company expects 2026 capital expenditures, net of asset sales, to be less than $500 million
- Company remains committed to returning at least 50% of adjusted free cash flow to shareholders annually; $0.08 quarterly dividend paid for thirteen consecutive quarters, including December 2025
- No senior note maturities until 2028; investment grade credit rating at all three major rating agencies
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.