---
schema_version: "secwatch.filing_event.v1"
accession: "0000889900-26-000030"
form_type: "8-K"
ticker: "PTEN"
cik: "0000889900"
company_name: "PATTERSON UTI ENERGY INC"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T03:32:41.904514+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Patterson-UTI extends $450M of revolver maturity to 2031; assigns $25M to JPMorgan

## Summary
- Extended maturity date for $450M of revolving credit commitments from Jan 2030 to Jan 2031.
- Assigned $25M revolving commitment from HSBC Bank USA to JPMorgan Chase Bank.
- Amendment revised definitions for Defaulting Lender, Exchange Rate, Fee Letters, and computation dates.
- Agreement effective April 24, 2026; other terms of the credit facility unchanged.

## SEC filing metadata
- accession: 0000889900-26-000030
- form_type: 8-K
- ticker: PTEN
- cik: 0000889900
- company_name: PATTERSON UTI ENERGY INC
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/0000889900-26-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/pten-20260424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000889900-26-000030
- JSON: https://secwatch.observer/filing/0000889900-26-000030.json
- Plain text: https://secwatch.observer/filing/0000889900-26-000030.txt

## Source-grounded claims
- claim_id: 694ec87660b4654c0f734818af94c4c171d16e52
  claim: PATTERSON UTI ENERGY INC amended revolving credit of $450 million of revolving credit commitments with Wells Fargo Bank, National Association maturing January 31, 2031.
  evidence_excerpt: extends the maturity date for $450 million of revolving credit commitments of certain lenders under the Credit Agreement from January 31, 2030 to January 31, 2031
  evidence_url: https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/0000889900-26-000030-index.htm
- claim_id: be199df8297d4073aa1acfbc74c170a83eb9eabe
  claim: PATTERSON UTI ENERGY INC amended revolving credit of $25 million of the revolving credit commitments with HSBC Bank USA, N.A..
  evidence_excerpt: assigns $25 million of the revolving credit commitments from HSBC Bank USA, N.A. to JPMorgan Chase Bank, N.A.
  evidence_url: https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/0000889900-26-000030-index.htm
- claim_id: 8a01ab1806880fe0c74dfcbfc7604a9d960db35e
  claim: PATTERSON UTI ENERGY INC amended Assignment and Amendment No. 1 to Second Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the letter of credit issuers and lenders party thereto (effective 2026-04-24).
  evidence_excerpt: On April 24, 2026, Patterson-UTI Energy, Inc. (the “Company”) entered into the Assignment and Amendment No. 1 to Second Amended and Restated Credit Agreement (the “Amendment”), which amends the Second Amended and Restated Credit Agreement, dated as of January 31, 2025, by and among the Company, Wells Fargo Bank, National Association, as administrative agent, and the letter of credit issuers and lenders party thereto (as amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/889900/000088990026000030/0000889900-26-000030-index.htm

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