{"schema_version":"secwatch.filing_event.v1","accession":"0000889900-25-000071","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2025-10-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:42.505084+00:00","generated_at":"2026-05-17T02:39:11.167677+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Patterson-UTI Q3 net loss $36M, adj EBITDA $219M; guides Q4 adj gross profit down","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000889900-25-000071","json":"https://secwatch.observer/filing/0000889900-25-000071.json","markdown":"https://secwatch.observer/filing/0000889900-25-000071.md","text":"https://secwatch.observer/filing/0000889900-25-000071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000088990025000071/0000889900-25-000071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000088990025000071/pten-20251022.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T02:39:11.167677+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}