Patterson-UTI Q2 2025 net loss $49M, Adj. EBITDA $231M, revenue $1.2B

PATTERSON UTI ENERGY INC

2025-Q2 EPS reported -$0.12 revenue$2,499,857,000

Net loss of $49M includes $28M impairment of Colombian operations; Adj. EBITDA $231M.
Drilling Services revenue $404M (avg 104 rigs); Completion Services $719M (adj. gross profit $100M).
Declared $0.08/Sh dividend payable Sep 15; repurchased $16M of shares in Q2.
Full-year capex guided <$600M; Q3 avg rig count expected mid-90s, completions steady.
Term contracts provide $312M future dayrate; avg 48 rigs under contract in Q3.

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