---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-019463"
form_type: "8-K"
ticker: "PTEN"
cik: "0000889900"
company_name: "PATTERSON UTI ENERGY INC"
filed_at: "2025-04-24T23:59:59+00:00"
generated_at: "2026-05-23T07:45:20.413256+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Q1 2025 revenue $1.3B, net income $1M; adjusted EBITDA $251M; Q2 guidance steady

## Summary
- Total revenue $1.3B, net income $1M, adjusted EBITDA $251M; cash from operations not disclosed.
- Returned $51M to shareholders: $20M share repurchases, $0.08/share dividend payable June 16.
- Drilling Services revenue $413M, adj. gross profit $165M; Completion Services $766M, $108M; Drilling Products $86M, $39M.
- Q2 guidance: rig count steady vs Q1; slight decline in Drilling and Completion adj. gross profit; divested Great Plains Oilfield Rental.

## SEC filing metadata
- accession: 0001628280-25-019463
- form_type: 8-K
- ticker: PTEN
- cik: 0000889900
- company_name: PATTERSON UTI ENERGY INC
- filed_at: 2025-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889900/000162828025019463/0001628280-25-019463-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889900/000162828025019463/pten-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019463
- JSON: https://secwatch.observer/filing/0001628280-25-019463.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019463.txt

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