Is PTEN Worth Buying in 2026?

Patterson-UTI Energy Inc

STOCK DRILLING OIL & GAS WELLS Updated 2026-06-07

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 (+2.08% over 10 days); RSI 39 — healthy momentum range; strong 1-year return of +106.6%; 3-month momentum positive (+24.2%). Currently 12.0% off its 52-week high. Score: +7/7.

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PTEN is in a confirmed uptrend, trading above both its 50-day ($11.37) and 200-day ($7.95) moving averages. An RSI of 38.9 sits in the neutral zone — momentum is neither stretched nor exhausted. The 1-year return of +106.6% compares to +24.4% for SPY (beat the market by 82.3%).

$10,000 invested 1 year ago → $20,664 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 ($7.95)
Above 50-day MA ($11.37)
RSI(14) neutral zone (30–70) — currently 38.9
Positive return (+106.6%)
!Within 10% of period high (−12.0%)
Period Range $11.51
$5.10 $13.08
RSI (14) 38.9
0 · OversoldOverbought · 100

Key Metrics

Price$11.51
Period Return+106.6%
Period High$13.08
Period Low$5.10
Drawdown−12.0%
MA-50$11.37
MA-200$7.95
RSI (14)38.9
Avg Volume (30d)8.0M
vs. SPYbeat by 82.3%
Return Rank#200 of 1245

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