{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-000087","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2023-01-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.426658+00:00","generated_at":"2026-06-20T20:38:50.990683+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Patterson-UTI expects Q4 2022 net income >$100M, adj. EBITDA >$230M","bullets":["Expects Q4 2022 net income to exceed $100M and adjusted EBITDA to surpass $230M.","Returned $74.3M to shareholders in Q4: $57.2M buybacks (~3.3M shares) plus dividend.","Repurchased $22.4M of long-term debt during Q4.","Contract drilling average rig revenue per day benefited from favorable contract renewals.","Pressure pumping benefited from strong pricing and utilization; holiday downtime less severe than forecast."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-000087","json":"https://secwatch.observer/filing/0000950170-23-000087.json","markdown":"https://secwatch.observer/filing/0000950170-23-000087.md","text":"https://secwatch.observer/filing/0000950170-23-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000095017023000087/0000950170-23-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000095017023000087/pten-20230104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T20:38:50.990683+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":[{"claim_id":"ffdc6719cec380bdd8ba3a2a757789d0455ee61f","claim":"PATTERSON UTI ENERGY INC reported the fourth quarter of 2022 results: net income exceed $100 million.","evidence_excerpt":"Patterson-UTI Energy, Inc. (NASDAQ: PTEN) announced today that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889900/000095017023000087/0000950170-23-000087-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2022"},{"label":"Net income","value":"exceed $100 million"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}