Is PTEN Worth Buying in 2026?

Patterson-UTI Energy Inc

STOCK DRILLING OIL & GAS WELLS Updated 2026-06-14

Here’s whether Patterson-UTI Energy Inc (PTEN) is worth buying in 2026 — based on weekly-updated price trend, RSI momentum, and return vs. the S&P 500. Our current read: Bullish.

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Bullish

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); 50-day MA is rising (+1.51% over 10 days); RSI 41 — healthy momentum range; strong 1-year return of +80.9%; 3-month momentum positive (+13.3%). Currently 12.2% off its 52-week high. Score: +7/7.

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PTEN is in a confirmed uptrend, trading above both its 50-day ($11.44) and 200-day ($8.10) moving averages. An RSI of 41.0 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +80.9% compares to +22.9% for SPY (beat the market by 58.1%).

$10,000 invested 1 year ago → $18,094 today
vs. S&P 500 (SPY) — same period beat market by 58.1%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($8.10)
Above 50-day MA ($11.44)
RSI(14) neutral zone (30–70) — currently 41.0
Positive return (+80.9%)
!Within 10% of period high (−12.2%)
Period Range $11.49
$5.10 $13.08
RSI (14) 41.0
0 · OversoldOverbought · 100

Key Metrics

Price$11.49
Period Return+80.9%
Period High$13.08
Period Low$5.10
Drawdown−12.2%
MA-50$11.44
MA-200$8.10
RSI (14)41.0
Avg Volume (30d)7.8M
vs. SPYbeat by 58.1%
Return Rank#238 of 1246

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