NasdaqGS:PTENEnergy Services
Does Patterson-UTI Energy's (PTEN) Mixed Results Reflect Deeper Shifts in Its Core Operating Segments?
Patterson-UTI Energy recently reported a second-quarter 2025 adjusted net loss of 6 cents per share, which was wider than analyst expectations, as revenues declined year over year amid weaker performance across all major operating segments.
Even as the company kept its quarterly dividend steady and executed US$20 million in share repurchases, broad softness in Drilling Services, Completion Services, and Other Services led to operational results that missed forecasts.
We’ll examine how the...