earnings
confidence high
sentiment negative
materiality 0.75
Patterson-UTI Q3 net loss $36M, adj EBITDA $219M; guides Q4 adj gross profit down
PATTERSON UTI ENERGY INC
2025-Q3 EPS reported
-$0.22
revenue$3,675,811,000
- Revenue $1.2B; net loss $36M ($0.08/sh); adj net loss $21M.
- Adjusted EBITDA $219M; returned $64M to holders via $0.08/sh dividend + $34M buybacks.
- Q4 Drilling Services adj gross profit expected ~5% below Q3; Completion Services ~$85M.
- Full-year 2025 capex now expected below $600M, down from prior guidance.
- U.S. avg rigs 95 in Q3; expects similar Q4; personal injury accrual impacted other expenses.