secwatch.observer — SEC 8-K summary
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Issuer:     PATTERSON UTI ENERGY INC (PTEN)
CIK:        0000889900
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0000889900-26-000010
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Patterson-UTI Q4 rev $1.2B, net loss $9M, raises dividend 25% to $0.10
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- Q4 2025 total revenue $1.2B; net loss $9M; adjusted EBITDA $221M.
- Dividend raised 25% to $0.10/sh, payable 3/16/26, record 3/2/26.
- Drilling Services revenue $361M, Completion Services $702M, Drilling Products $84M.
- FY 2025 cash from ops $961M, adj. free cash flow $416M; FY 2026 capex guided <$500M.
- Q1 2026 outlook: avg US rigs low-to-mid 90s; Completion adj. gross profit ~$95M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889900/000088990026000010/0000889900-26-000010-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889900/000088990026000010/pten-20260204.htm
  HTML page:      https://secwatch.observer/filing/0000889900-26-000010

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer