Patterson-UTI Energy (PTEN) Stock Drops as Oil Slips Below $60: Latest News, Analyst Forecasts, and 2026 Outlook (Dec. 16, 2025)
On December 16, 2025, PTEN shares traded around $5.8 and were down roughly 6%–7% on the session, extending a volatile stretch for U.S. onshore oilfield services stocks as investors recalibrate expectations for oil prices, North American E&P spending, and 2026 service intensity. MarketScreener