{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-032884","form_type":"8-K","ticker":"PTEN","cik":"0000889900","company_name":"PATTERSON UTI ENERGY INC","filed_at":"2024-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.191573+00:00","generated_at":"2026-05-31T16:33:37.529892+00:00","sec_items":["2.02","8.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Patterson-UTI Q2 net income $11M; adjusted EBITDA $324M; returned $164M to shareholders","bullets":["Total revenue $1.3B; net income $11M ($0.03 EPS); includes $11M in merger and integration expenses.","Adjusted EBITDA $324M; YTD cash from ops $563M, free cash flow $206M; Q2 shareholder return $164M.","Declared $0.08/share dividend payable Sept 16, 2024; $819M remaining share repurchase authorization.","U.S. Contract Drilling revenue $378M; avg rig revenue $36,430/day; adjusted gross profit $16,190/day.","Q3 outlook: avg 108 U.S. rigs; Completion Services white space to persist but improve sequentially."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-032884","json":"https://secwatch.observer/filing/0001628280-24-032884.json","markdown":"https://secwatch.observer/filing/0001628280-24-032884.md","text":"https://secwatch.observer/filing/0001628280-24-032884.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/889900/000162828024032884/0001628280-24-032884-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/889900/000162828024032884/pten-20240724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T16:33:37.529892+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}