Patterson-UTI Energy(US:PTEN) ZACKS·2026-02-11 15:31Core Insights - Patterson-UTI reported revenue of $1.15 billion for the quarter ended December 2025, a decrease of 1% year-over-year, with an EPS of -$0.02 compared to -$0.12 in the same quarter last year, exceeding the Zacks Consensus Estimate of $1.1 billion by 4.65% and delivering an EPS surprise of 81.82% [1] Financial Performance - The company’s shares have returned +15.7% over the past month, outperforming the Zacks S&P 500 composite, which saw a change of -0.3% [3] - Operating days for contract drilling in the U.S. were reported at 8,596, slightly below the three-analyst average estimate of 8,603 [4] - Operating revenue from Other Operations was $4.7 million, below the five-analyst average estimate of $4.85 million [4] - Operating revenue from Drilling Services was $360.78 million, compared to the five-analyst average estimate of $365.1 million [4] - Revenues from Completion Services reached $701.56 million, exceeding the estimated $646.68 million by 7.8% year-over-year [4] - Revenues from Drilling Products were reported at $83.77 million, below the average estimate of $85.33 million, representing a year-over-year decline of 3.2% [4] Operating Income - Operating income from Other Operations was reported at -$0.95 million, worse than the estimated -$0.26 million [4] - Corporate operating income was -$45.44 million, compared to the average estimate of -$42.98 million [4] - Operating income from Drilling Products was $6.76 million, exceeding the average estimate of $4.59 million [4] - Operating income from Completion Services was -$3.6 million, significantly better than the estimated -$38.65 million [4] - Operating income from Drilling Services was $43 million, surpassing the average estimate of $37.72 million [4]