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Patterson-UTI Energy, Inc.

Stage 2 · Advancing · week 8

As of Oct 22, 2026, Patterson-UTI Energy is in Stage 2, the uptrend phase, now in week 8 (since Sep 1, 2026). It closed at $11.34, 13.8% below its 52-week high and above its 200-day average, which is rising.

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. More about the company

$11.34
-3.49% today
$4.3B · Mid cap
Market Neutral — Building

Pro read

Pro

Our read

In Stage 2, but it has already run

Setup score

—

Momentum

Steady

Edge

—

Setup-score rank among Stage 2 peers: #1 of 5 in Oil & Gas Drilling · #1 of 120 in Energy

Is PTEN early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Loading price chart…
Stage Cycle Timeline2023-08-16 → 2026-10-22
S4 13w
S4 30w
S4 15w
S2 28w
2023-08-162026-10-22
S1S2S3S4Setup score (0–10, dashed line at 5)
S1 1w → S2 6w → S3 8w → S4 13w → S1 10w → S4 30w → S1 1w → S4 4w → S1 10w → S4 15w → S1 6w → S4 10w → S1 7w → S2 28w → S3 8w → S2 7w current
Total tracked: 165 weeks across 16 stage runs.

PTEN among Oil & Gas Drilling1st of 10 by relative strength

All 10 →
Stocks in Oil & Gas Drilling ranked by relative strength, with stage and one-month change
#StockStageRS1M
1PTENStage 2 · wk 894+2.4%
2NBRStage 3 · wk 294−6.3%
3VALStage 2 · wk 794+11.7%
4RIGStage 1 · wk 793+11.2%
5PDSStage 1 · wk 790+9.4%
6HPStage 2 · wk 990−6.1%
7SDRLStage 2 · wk 890+5.9%
8NEStage 2 · wk 790−1.5%
vs 52W High
-13.8%
$5.18 lo$13.15 hi
13.8% below 52W high, pullback range
How far this stock is from its 52-week high. A pullback of 3–20% while Stage 2 structure holds is typically a better entry than chasing near the high.
Stage Maturity
Week 8
1w13w26w
Week 8, early Stage 2
How long this stock has been in Stage 2. The sweet spot is mid-run: long enough to prove the structure holds, not so long that it's extended. Very fresh moves (weeks 1–4) often need more time to confirm.
vs 200 DMA
10.4%
200 DMA: $10.28 · rising
Long-term trend anchor. When the stock and the S&P 500 are both above their 200-day averages, the backdrop supports continuation.
Rel Volume
0.95x
vs 50-day avg
Low vol (0.5–1x) on pullbacks = resting, not being sold. High vol on breakouts = commitment. Volume spike on down days is a warning sign.
Trend Health
↓
Short-term trend rolling over
Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.
1M
+2.4%
3M
+12.1%
6M
+3.5%
YTD
+80.4%
1Y
+96.2%
Scan Membership
Breakout Watch
Latest: 2023-08-28
5 appearances in last 60 days. First seen: 2020-12-10.
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-22S2
Wk 8 · Vol 0.95x
2026-10-21S2
Wk 8 · Vol 0.84x
2026-10-20S2
Wk 7 · Vol 0.87x
2026-10-19S2
Wk 7 · Vol 1.20x
2026-10-16S2
Wk 7 · Vol 0.83x
2026-10-15S2
Wk 7 · Vol 0.85x
2026-10-14S2
Wk 7 · Vol 1.21x
2026-10-13S2
Wk 6 · Vol 0.63x
2026-10-12S2
Wk 6 · Vol 0.54x
2026-10-09S2
Wk 6 · Vol 0.55x
2026-10-08S2
Wk 6 · Vol 0.72x
2026-10-07S2
Wk 6 · Vol 0.61x
Moving averages & range
50 DMA
$11.78
200 DMA
$10.28
52W High
$13.15
52W Low
$5.18
5D Low
$11.34
Resistance levels (recent highs)
20d High
$12.05
60d High
$13.15
120d High
$13.15
250d High
$13.15
Next resistance
+6.3%
to 20d High
ROE
-2.8%
Profit margin -1.9%
Dividend Yield
3.43%
P/B 1.4

Patterson-UTI Energy: quick answers

What stage is Patterson-UTI Energy in?

As of Oct 22, 2026, Patterson-UTI Energy (PTEN) is in Stage 2, the uptrend phase. It entered Stage 2 on Sep 1, 2026 and is in week 8. What the four stages mean

Is Patterson-UTI Energy in an uptrend?

Yes. Patterson-UTI Energy is in a Stage 2 uptrend. It trades 10.4% above its 200-day average, which is rising.

How far is Patterson-UTI Energy from its 52-week high?

Patterson-UTI Energy closed at $11.34 on Oct 22, 2026, 13.8% below its 52-week high of $13.15. Its 52-week low is $5.18.

How has Patterson-UTI Energy performed over the past year?

As of Oct 22, 2026, Patterson-UTI Energy is up 96.2% over the past year and up 80.4% so far in 2026.

Which sector and industry is Patterson-UTI Energy in?

Patterson-UTI Energy is in the Oil & Gas Drilling industry, part of the Energy sector.

About this companyEnergy· Oil & Gas Drilling

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.