Patterson-UTI Energy posted stronger Q3 2025 results due to higher drilling and pumping activity and pricing, boosting revenue and adjusted EBITDA.

Patterson-UTI Energy reported financial results for the quarter ending September 30, 2025, showing improved performance driven by higher utilization rates and increased pricing in its drilling and pressure pumping segments. The company recorded adjusted EBITDA growth compared to the prior year, reflecting stronger demand in the U.S. onshore oil and gas market. Revenue rose due to expanded operations and favorable contract terms, though costs remained elevated. The company maintained a strong balance sheet and continued investing in fleet modernization to support long-term growth.