Patterson-UTI (PTEN) shares ended the last trading session 6.4% higher at $7.03. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 2.3% gain over the past four weeks. A surge in Patterson-UTI’s share price was driven by a strong operational and cash flow outlook outlined in its January 2026 investor presentation. The company highlighted better-than-expected cost controls in drilling, resilient completion activity wit ...