Company Overview - Patterson-UTI Energy, Inc. (NASDAQ:PTEN) provides drilling and completion services for oil and gas companies, including hydraulic fracturing, power and logistics solutions, and supplies for oilfield tools [1] - The company reported an average of 93 drilling rigs operating in the U.S. during November 2025, with an average count of 94 rigs earning revenue under drilling contracts for the two months ending November 30, 2025 [1] Market Sentiment - Jim Cramer expressed a negative outlook on oil and gas stocks, stating that the show has not recommended these stocks for a long time and will not do so this year [1] Investment Comparison - While Patterson-UTI Energy has potential as an investment, certain AI stocks are considered to offer greater upside potential and less downside risk [2]
Jim Cramer on Patterson-UTI: “It’s Just a Flat-Out No on This Show