Patterson-UTI Energy, Inc.
Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is trading at $10.85, about ₹1,041 at today's USD/INR rate, as of 28 Sep 2026, 4:00 PM ET, down 0.55% today. Indian residents can buy Patterson-UTI Energy from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$10.82
Today's high
$11.12
52 week low
$5.10
52 week high
$13.39
PTEN opened at $11.07, closed previously at $10.91, and has traded between $5.10 and $13.39 over the past 52 weeks.
About
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Key statistics
Avg. volume
8.87M
Market cap
$4.12B
P/E Ratio
-47.03
Price-to-sales ratio
0.88
Enterprise value
$5.18B
Free cash flow yield
4.31%
Debt-to-equity ratio
0.41
Return on equity
-2.82%
ROIC
-1.16%
Beta
0.67
Dividend yield
3.50%
Last dividend
$0.36
Financial overview
Revenue
$4.83B
Earnings per share
-$0.24
Free cash flow
$372.19M
Net profit margin
-1.92%
Gross margin
14.20%
EBITDA
$907.78M
Revenue growth
-10.25%
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This is not an investment recommendation
How to buy Patterson-UTI Energy from India
Indian residents can buy Patterson-UTI Energy shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Patterson-UTI Energy and place an order
Find Patterson-UTI Energy by name or by its ticker, PTEN, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Patterson-UTI Energy trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Patterson-UTI Energy position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Patterson-UTI Energy from India
Trading and taxes when buying Patterson-UTI Energy from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Patterson-UTI Energy’s current yield is 3.50%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Patterson-UTI Energy stock?
Yes. Patterson-UTI Energy (PTEN) has been listed on NASDAQ since 1993, in the Oil & Gas Drilling industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Patterson-UTI Energy share cost in rupees?
One Patterson-UTI Energy share is $10.85 — about ₹1,041 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Patterson-UTI Energy price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Patterson-UTI Energy from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Patterson-UTI Energy?
Yes. One Patterson-UTI Energy share is $10.85, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Patterson-UTI Energy.
How are gains on Patterson-UTI Energy shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Patterson-UTI Energy price. Paasa issues a capital-gains statement for your return.
Does Patterson-UTI Energy pay a dividend, and how is it taxed in India?
Yes. Patterson-UTI Energy pays a dividend and the current yield is 3.50%; the last declared dividend was $0.36 per share, about ₹34.53. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Patterson-UTI Energy from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Patterson-UTI Energy shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Patterson-UTI Energy shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Patterson-UTI Energy holding, its cost and its closing value.
How do I sell Patterson-UTI Energy and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.