Diligence memo · auto-generated · as of July 3, 2026
Patterson Uti Energy Inc
Patterson Uti Energy Inc looks under-valued against its niche peers and is dormant on financing cadence.
Businessfiled
Patterson Uti Energy Inc operates in Other Energy, based in HOUSTON.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Patterson Uti Energy Inc has raised $603M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $300M on 2010-10-05.
Most recent recorded round closed around 2018-10-25.
Valuation (modeled)modeled
Provath models Patterson Uti Energy Inc at approximately $32M (range $14M–$71M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Under-valued. Modeled value is 0.04× the median modeled value of Series D+ Other Energy companies in 2016–2018 (8 peers) — value vs value, same stage and era. Issuer reports $100M+ revenue while modeled below niche peers.
Financing rhythm & timingmixed
Historic cadence: a new round about every 48 months.
Last raise 7.7 yr ago; this sector typically re-raises about every 12 months.
Silent for over 3× the sector's normal cadence.
The last round was 112.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of Other Energy peers (2049 compared).
Modeled value ranks above 63% of those peers.
Closest niche peers: Nature Token, Inc., Eckard Land & Acquisition, LLC, Sunnova Energy Corp, Forum Energy Technologies, Inc., BrightSource Energy Inc.
Peoplefiled
20 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.