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flag Patterson-UTI posted a $9M net loss but beat earnings expectations, raised its dividend 25%, and plans to return 50% of future free cash to shareholders.

flag Patterson-UTI Energy reported a quarterly net loss of $9 million for the period ending December 31, 2025, but exceeded expectations with adjusted EBITDA of $221 million and $961 million in cash from operations. flag The company raised its quarterly dividend by 25% to $0.10 per share, payable March 16, 2026, and plans to return at least 50% of future adjusted free cash flow to shareholders. flag Strong operational performance, cost control, and fleet modernization supported steady drilling and completion activity, with nearly all rigs using Cortex® automation. flag The company launched its eos™ digital platform and is upgrading its fleet, potentially reducing active fleets as older assets are phased out.

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