Weakening Market Outlook Led Aristotle Small Cap Equity Fund to Liquidate Patterson-UTI Energy (PTEN)

Company Overview - Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is an oilfield services company that provides drilling and completion services to oil and natural gas exploration and production companies [2][3] - As of February 13, 2026, Patterson-UTI Energy, Inc. stock closed at $8.10 per share, with a market capitalization of $3.075 billion [2] Performance Summary - In the fourth quarter of 2025, Patterson-UTI Energy, Inc. experienced a one-month return of 13.29%, but its shares are down 9.19% over the past twelve months [2] - The position in Patterson-UTI Energy, Inc. was liquidated due to a weakening energy market outlook, which negatively impacted its fundamental performance [3] Investment Insights - The company is not included in the list of 30 Most Popular Stocks Among Hedge Funds, with 42 hedge fund portfolios holding Patterson-UTI Energy, Inc. at the end of the third quarter, unchanged from the previous quarter [3] - While acknowledging the potential of Patterson-UTI Energy, Inc. as an investment, the company believes that certain AI stocks present greater upside potential and carry less downside risk [3]