Patterson-UTI Energy is trading at $8.85 (-5.14%) in after-hours trading following the release of its Q2 2026 financial results.
- The company reported $1.2 billion in total revenue and a net loss of $20 million attributable to common stockholders for the quarter ended June 30, 2026.
- Adjusted EBITDA for Q2 2026 was $232 million.
- Broader market weakness on July 29, with major U.S. indices trading lower, likely contributed to the decline.