Patterson-UTI Energy Reports $1.34 Billion in Third-Quarter Revenue
Third-quarter 2026 revenue rose 14.1% year over year to $1.34 billion. Net income was $28.35 million, compared with a year-earlier net loss of $36.4 million; diluted EPS was $0.07 versus a loss of $0.10.
Patterson-UTI Energy reported third-quarter 2026 revenue of $1.34 billion, up 14.1% from the prior-year quarter, and net income of $28.35 million, compared with a net loss of $36.4 million. Diluted EPS was $0.07, versus a loss per share of $0.1.Financial Highlights¹ Reported as “Total operating rev…