Patterson-UTI Energy (PTEN) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
1 Dec, 2025Executive summary
Annual meeting scheduled for June 5, 2025, at corporate headquarters in Houston, TX.
Shareholders are invited to vote on key proposals, including director elections, auditor ratification, and executive compensation.
Voting can be completed online, by mail, or in person at the meeting.
Voting matters and shareholder proposals
Election of eleven directors is on the agenda, with all nominees listed.
Ratification of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2025.
Advisory vote on executive compensation for named executive officers.
Proxies are authorized to vote on any other business that may arise at the meeting.
Board of directors and corporate governance
Eleven director nominees are presented for election at the annual meeting.
Latest events from Patterson-UTI Energy
- Operational excellence, digital integration, and disciplined capital returns drive strong financial results.PTEN
Investor presentation27 May 2026 - Q1 2026 revenue was $1.12B, net loss $24.6M, and segment utilization remained strong.PTEN
Q1 202628 Apr 2026 - Proxy covers director elections, auditor ratification, incentive plan, and executive pay alignment.PTEN
Proxy filing22 Apr 2026 - Key votes include board elections, incentive plan amendment, auditor ratification, and say-on-pay.PTEN
Proxy filing22 Apr 2026 - Q4 2025 saw strong free cash flow, steady results, and a 25% dividend increase.PTEN
Q4 202512 Apr 2026 - Robust cash flow, high asset utilization, and strong shareholder returns highlight 2025 results.PTEN
Investor presentation5 Feb 2026 - Q2 2024 saw $1.35B revenue, $11M net income, and strong shareholder returns.PTEN
Q2 20242 Feb 2026 - Q3 2025 saw $1.18B revenue, $219M adjusted EBITDA, and strong shareholder returns.PTEN
Q3 202528 Jan 2026 - Q3 revenue hit $1.4B; strong cash flow and returns offset large impairment charges.PTEN
Q3 202418 Jan 2026 - Q4 revenue reached $1.162B, with $523M free cash flow and $417M returned to shareholders.PTEN
Q4 202411 Dec 2025