Patterson-UTI Reports Q4 Earnings Loss

Energy company beats Wall Street expectations despite $9.1 million loss

Feb. 4, 2026 at 4:55pm

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Patterson-UTI Energy Inc., a Houston-based provider of onshore contract drilling services, reported a loss of $9.1 million in its fourth quarter, surpassing Wall Street expectations. The company posted revenue of $1.15 billion in the period, also topping Street forecasts.

Why it matters

Patterson-UTI's quarterly earnings report provides insight into the overall health and performance of the onshore oil and gas drilling industry, which is a key component of the Texas and broader U.S. energy economy.

The details

On a per-share basis, Patterson-UTI reported a loss of 2 cents, compared to the average estimate of a loss of 11 cents per share from eight analysts surveyed by Zacks Investment Research. The company's revenue of $1.15 billion in the quarter also exceeded the $1.1 billion expected by seven analysts surveyed by Zacks.

  • Patterson-UTI reported its Q4 2025 earnings on Wednesday, February 4, 2026.

The players

Patterson-UTI Energy Inc.

A Houston-based provider of onshore contract drilling services for the oil and gas industry.

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The takeaway

Patterson-UTI's ability to exceed analyst expectations despite reporting a quarterly loss suggests the company is navigating the challenges facing the onshore drilling industry relatively well compared to its peers.