US Stock Insider Trading | Patterson-UTI Energy disclosed one insider transaction on March 6

On March 6, 2026, Patterson-UTI Energy (PTEN) disclosed 1 company insider trading activity. Director CEPAK TIFFANY THOM sold 12.0k shares on March 4, 2026.

【Recent Insider Trading】

【Company Profile】

Patterson-UTI Energy, Inc. was founded in 1978 and re-registered as a Delaware corporation in 1993. The company is an oilfield services firm headquartered in Houston, Texas. It mainly owns and operates one of the largest onshore drilling rig fleets in the United States, as well as a large number of pressure pumping equipment. As of December 31, 2022, the company owned a drilling fleet consisting of 184 onshore rigs sold in the United States and 8 onshore rigs sold in Colombia. The company mainly provides pressure pumping services to oil and natural gas operators in Texas and the Appalachian region. The company also provides cementing services through its pressure pumping division. Cementing is the process of inserting materials between the wellbore and the casing to support and stabilize the casing. The company’s pressure pumping operations are supported by a set of other equipment, including mixers, tractors, multi-bed trailers, and many trailers used to transport materials to and from the job site, as well as trash bins for storing materials on-site.