---
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"
generated_at: "2026-05-19T20:08:41.686624+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Patterson-UTI issues $500M of 6.050% Senior Notes due 2036 to refinance 2028 notes

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-230750
- JSON: https://secwatch.observer/filing/0001193125-26-230750.json
- Plain text: https://secwatch.observer/filing/0001193125-26-230750.txt

## Key facts
- Debt Financings
  PATTERSON UTI ENERGY INC incurred senior notes of $500 million aggregate principal amount at 6.050% per annum maturing May 15, 2036.
  - Instrument: senior notes
  - Principal: $500 million aggregate principal amount
  - Rate: 6.050% per annum
  - Maturity: May 15, 2036
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm
- Material Agreements
  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).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: U.S. Bank Trust Company, National Association
  - Value: $500 million aggregate principal amount of 6.050% Senior Notes due 2036
  - Effective: 2026-05-19
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/889900/000119312526230750/0001193125-26-230750-index.htm

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