Is PTEN Worth Buying in 2026?

Patterson-UTI Energy Inc

STOCK DRILLING OIL & GAS WELLS Updated 2026-08-16

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: Neutral.

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Neutral

Positives: trading above the 200-day MA (long-term uptrend intact); above the 50-day MA (medium-term momentum positive); strong 1-year return of +102.7%. Concerns: 50-day MA is falling (-2.49% over 10 days); 3-month momentum negative (-8.4%). Currently 13.1% off its 52-week high. Score: +2/7.

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PTEN is in a confirmed uptrend, trading above both its 50-day ($10.19) and 200-day ($9.01) moving averages. An RSI of 69.6 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +102.7% compares to +20.4% for SPY (beat the market by 82.3%).

$10,000 invested 1 year ago → $20,267 today
vs. S&P 500 (SPY) — same period beat market by 82.3%

1-Year Price Chart

Daily candles
MA-50 MA-200 Up Down

Signal Check

Above 200-day MA ($9.01)
Above 50-day MA ($10.19)
RSI(14) neutral zone (30–70) — currently 69.6
Positive return (+102.7%)
!Within 10% of period high (−13.1%)
Period Range $11.37
$5.10 $13.08
RSI (14) 69.6
0 · OversoldOverbought · 100

Key Metrics

Price$11.37
Period Return+102.7%
Period High$13.08
Period Low$5.10
Drawdown−13.1%
MA-50$10.19
MA-200$9.01
RSI (14)69.6
Avg Volume (30d)8.8M
vs. SPYbeat by 82.3%
Return Rank#151 of 1252

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