The share price of Patterson-UTI Energy, Inc. (PTEN) dropped 9.31% between July 11 and July 18, 2025, making it one of the Energy Stocks that Lost the Most This Week. The decline was due to a bearish sentiment in the oil and gas services sector, with analysts expecting a sharp decline in Q2 2025 earnings.

Patterson-UTI Energy, Inc. (PTEN) is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the US and select countries. The company’s commitment to exploration is highlighted through its drilling sites in natural settings.

Stifel recently lowered Patterson-UTI Energy, Inc. (PTEN) stock’s price target from $13 to $12, reflecting a bearish stance on the oilfield services sector. The sector has lagged behind the broader market this year, contributing to the stock’s pressure. The company also offers a hefty annual dividend yield of 5.39%.

While Patterson-UTI Energy, Inc. (PTEN) has potential as an investment, certain AI stocks may offer greater upside potential and lower downside risk. Investors looking for undervalued AI stocks can explore opportunities that stand to benefit from Trump-era tariffs and the onshoring trend.

Overall, Patterson-UTI Energy, Inc. (PTEN) faced challenges due to a bearish outlook in the oil and gas services sector, resulting in a decline in share price. Despite its annual dividend yield and potential as an investment, other sectors may offer greater upside potential for investors.

Read more at Yahoo Finance: Here is Why Patterson-UTI Energy (PTEN) Fell This Week