{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-230750","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2026-05-19T20:07:21+00:00","discovered_at":"2026-05-19T20:08:00.356668+00:00","generated_at":"2026-05-19T20:08:41.686624+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Patterson-UTI issues $500M of 6.050% Senior Notes due 2036 to refinance 2028 notes","bullets":["Issued $500M aggregate principal of 6.050% Senior Notes due May 15, 2036.","Net proceeds to redeem outstanding 3.95% Senior Notes due 2028 and for general corporate purposes.","Interest payable semi-annually on May 15 and November 15.","Notes are senior unsecured obligations ranking equally with existing unsecured debt.","Company may redeem notes at its option prior to Feb 15, 2036 at specified redemption prices."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-230750","json":"https://secwatch.observer/filing/0001193125-26-230750.json","markdown":"https://secwatch.observer/filing/0001193125-26-230750.md","text":"https://secwatch.observer/filing/0001193125-26-230750.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/d152311d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-19T20:08:41.686624+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":"984021626e3788a03b4accb685c639ed0c16a05a","claim":"PATTERSON UTI ENERGY INC incurred senior notes of $500 million aggregate principal amount at 6.050% per annum maturing May 15, 2036.","evidence_excerpt":"On May 19, 2026, Patterson-UTI Energy, Inc. (the “Company”) completed its previously announced offering (the “Offering”) of $500 million aggregate principal amount of the Company’s 6.050% Senior Notes due 2036","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$500 million aggregate principal amount"},{"label":"Rate","value":"6.050% per annum"},{"label":"Maturity","value":"May 15, 2036"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ed3b62f5cb45ed4a43e28483c48bac88b30ee327","claim":"PATTERSON UTI ENERGY INC entered into Third Supplemental Indenture to Base Indenture, dated as of November 15, 2019 with U.S. Bank Trust Company, National Association valued at $500 million aggregate principal amount of 6.050% Senior Notes due 2036 (effective 2026-05-19).","evidence_excerpt":"On May 19, 2026, Patterson-UTI Energy, Inc. (the “Company”) completed its previously announced offering (the “Offering”) of $500 million aggregate principal amount of the Company’s 6.050% Senior Notes due 2036 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$500 million aggregate principal amount of 6.050% Senior Notes due 2036"},{"label":"Effective","value":"2026-05-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}