{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-002182","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2023-02-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.426871+00:00","generated_at":"2026-06-19T22:13:40.622474+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Patterson-UTI Q4 net income $100M ($0.46/sh), revenue $788M; contract drilling margins improve","bullets":["Net income $100M ($0.46 EPS) vs Q3 $61.5M ($0.28); revenue $788M, up from $728M.","Contract drilling avg rig count 131; avg rig margin $13,450/day (+$2,970 QoQ); backlog $830M.","Pressure pumping revenue $307M (+$19.1M); adjusted gross margin $86M (+$10.1M).","Returned $74.3M to shareholders: $57.2M buybacks (3.3M shares) plus $0.08 dividend payable Mar 16.","2023 capex guidance ~$550M; targeting 50% of FCF returned to shareholders."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-002182","json":"https://secwatch.observer/filing/0000950170-23-002182.json","markdown":"https://secwatch.observer/filing/0000950170-23-002182.md","text":"https://secwatch.observer/filing/0000950170-23-002182.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000095017023002182/0000950170-23-002182-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000095017023002182/pten-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T22:13:40.622474+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":"10e3ecc8f1d7653d08b82f3c8be35c943ee51f9d","claim":"PATTERSON UTI ENERGY INC reported the quarter ended December 31, 2022 results: revenue $788 million, net income $100 million, EPS $0.46 per share.","evidence_excerpt":"The Company reported net income of $100 million, or $0.46 per share, for the fourth quarter of 2022, compared to net income of $61.5 million, or $0.28 per share, for the third quarter of 2022. Revenues for the fourth quarter of 2022 were $788 million, compared to $728 million for the third quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889900/000095017023002182/0000950170-23-002182-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended December 31, 2022"},{"label":"Revenue","value":"$788 million"},{"label":"Net income","value":"$100 million"},{"label":"EPS","value":"$0.46 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7d90c3d7d058b4bdfbbadf3681129aa579486507","claim":"PATTERSON UTI ENERGY INC reported financial results for the twelve months ended December 31, 2022.","evidence_excerpt":"Patterson-UTI Energy, Inc. (the \"Company\") announced financial results for the three and twelve months ended December 31, 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889900/000095017023002182/0000950170-23-002182-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the twelve months ended December 31, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}