🟢 Patterson-UTI Energy is trading 4.14% up on October 30, 2026, after Q3 earnings topped analyst estimates

Patterson-UTI Energy is trading at $13.30 (+4.14%) after earnings topped analyst estimates and management signaled premium pricing.

• Q3 revenue rose 9% sequentially to $1.34 billion; adjusted EBITDA was $264 million.
• Management described natural-gas-powered frac equipment as scarce, indicated premium pricing and Q4 margin expectations, and cited stronger U.S. onshore activity and improving drilling and completion pricing.
• Shares also gained 0.71% on October 29.