---
schema_version: "secwatch.filing_event.v1"
accession: "0000889900-25-000031"
form_type: "8-K"
ticker: "PTEN"
cik: "0000889900"
company_name: "PATTERSON UTI ENERGY INC"
filed_at: "2025-02-06T23:59:59+00:00"
generated_at: "2026-05-27T02:11:55.926643+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Patterson-UTI Q4 net loss $52M, adj EBITDA $225M; FY 2025 capex guided ~$600M

## Summary
- Total revenue $1.2B; net loss $0.13/share incl. $3M merger expenses.
- Full-year adjusted free cash flow $523M; returned $417M to shareholders via dividends & buybacks.
- New 5-year $500M unsecured revolving credit facility (expires Jan 2030) finalized post-quarter.
- Q1 2025 outlook: avg 106 U.S. rigs ($15,250/gross profit per day); Completion Services adj gross profit ~$100M.
- Dividend $0.08/share payable Mar 17, 2025 to holders of record Mar 3.

## SEC filing metadata
- accession: 0000889900-25-000031
- form_type: 8-K
- ticker: PTEN
- cik: 0000889900
- company_name: PATTERSON UTI ENERGY INC
- filed_at: 2025-02-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889900/000088990025000031/0000889900-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889900/000088990025000031/pten-20250205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000889900-25-000031
- JSON: https://secwatch.observer/filing/0000889900-25-000031.json
- Plain text: https://secwatch.observer/filing/0000889900-25-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.