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AI brief of an SEC Form 8-K · Patterson-UTI Energy (PTEN)

Patterson-UTI Q4 net loss narrows to $9 million; revenue $1.2 billion; dividend up 25%

Mixed Impact 3 of 5 earnings Written later

Patterson-UTI reported fourth-quarter 2025 revenue of $1.15 billion, down from $1.18 billion in the third quarter and $1.16 billion a year earlier, and a net loss of $9 million, narrower than the prior quarter and the year-earlier period. For full-year 2025, revenue fell to $4.83 billion from $5.38 billion, and adjusted free cash flow was $416 million, down from $523 million in 2024. The company also raised its quarterly dividend 25% to $0.10 per share and expects first-quarter 2026 Completion Services adjusted gross profit of about $95 million, down from $111 million in the fourth quarter.

Key points

  • Q4 2025 revenue of $1.15 billion, versus $1.18 billion in Q3 2025 and $1.16 billion in Q4 2024
  • Q4 2025 net loss attributable to common stockholders of $9 million, versus $36 million in Q3 2025 and $52 million in Q4 2024
  • Q4 2025 adjusted EBITDA of $221 million, versus $225 million in Q4 2024
  • Quarterly dividend raised 25% to $0.10 per share, payable March 16, 2026 to holders of record as of March 2, 2026

The filing

CompanyPatterson-UTI Energy (PTEN)
Form8-K, current report
Filed with the SECFeb 4, 2026, 6:00 PM ET
Accession number0000889900-26-000010

Items reported: 2.02 Results of Operations8.01 Other Events

Read the filing on SEC.gov ↗

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 February 04, 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.