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Patterson-UTI Energy Posts 14.1% Year-Over-Year Q3 Revenue Growth

GAAP earnings were 7 cents per share, and adjusted EBITDA totaled $264 million.

A land drilling rig rises above the horizon before sunrise / TokenPost.ai
A land drilling rig rises above the horizon before sunrise / TokenPost.ai

Patterson-UTI Energy, Inc. posted $1.34 billion in third-quarter 2026 revenue, up 14.1% year over year, while declaring a $0.10 quarterly dividend and issuing a fourth-quarter outlook.

Revenue was $1.176 billion in the third quarter of 2025. GAAP earnings per share were 7 cents, and adjusted EBITDA was $264 million.

The dividend is payable Dec. 15, 2026.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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