Patterson-UTI Energy (PTEN) Stock Drops as Oil Slips Below $60: Latest News, Analyst Forecasts, and 2026 Outlook (Dec. 16, 2025)
Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is having one of those “welcome back to cyclicals” days. 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