PTEN · Patterson Uti Energy Inc · Executive Compensation

$12.95 +0.53 (+4.30%) At close · Sep 15

S&P 600 member Russell 2000 member Rebalance outlook locked

Market Cap

$4.85B

381.38M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,300,000	—	$8,497,991	—	$2,264,330	$15,000	$12,077,321
James M. Holcomb	Executive Vice President & Chief Operating Officer	$670,000	$750,000	$1,998,725	—	$933,600	$17,500	$4,369,825
Andrew Smith	Executive Vice President & Chief Financial Officer	$680,000	—	$2,099,943	—	$1,042,290	$17,500	$3,839,733
Seth D. Wexler	Executive Vice President, General Counsel & Secretary	$650,000	—	$1,799,265	—	$905,730	$17,500	$3,372,495
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$590,000	—	$1,749,558	—	$822,130	—	$3,161,688

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,300,000	—	$9,004,376	—	$1,733,000	$13,800	$12,051,176
James M. Holcomb	Executive Vice President & Chief Operating Officer	$670,000	$1,000,000	$2,118,692	—	$700,000	$13,800	$4,502,492
Andrew Smith	Executive Vice President & Chief Financial Officer	$680,000	$360,000	$2,225,112	—	$798,000	$13,800	$4,076,912
Seth D. Wexler	Executive Vice President, General Counsel & Secretary	$650,000	$460,000	$1,907,098	—	$693,000	$13,800	$3,723,898
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$590,000	$300,000	$1,853,888	—	$629,000	—	$3,372,888

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$5,930,679	—	$1,340,129	$13,200	$8,284,008
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	—	$2,076,670	—	$603,058	$13,200	$3,142,928
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$1,976,893	—	$603,058	—	$3,029,951
James M. Holcomb	Chief Operating Officer	$513,635	$250,000	$1,694,098	—	$536,051	$13,200	$3,006,984
Seth D. Wexler	Executive Vice President, General Counsel & Secretary	$475,000	—	$1,531,624	—	$407,399	$13,200	$2,427,223

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$7,768,767	—	$2,187,500	$12,200	$10,968,467
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	—	$2,718,489	—	$984,375	$12,200	$4,165,064
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$2,588,724	—	$984,375	—	$4,023,099
Seth D. Wexler	Executive Vice President, General Counsel & Secretary	$475,000	—	$2,007,723	—	$665,000	$12,200	$3,159,923
James M. Holcomb	Chief Operating Officer	$465,000	$224,000	$1,553,892	—	$651,000	$12,200	$2,906,092

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$5,442,905	—	$1,562,500	$11,600	$8,017,005
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	—	$2,044,810	—	$703,125	$11,600	$3,209,535
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$2,036,286	—	$703,125	—	$3,189,411
Seth D. Wexler	Executive Vice President, General Counsel & Secretary	$475,000	—	$1,349,000	—	$475,000	$11,600	$2,310,600
James M. Holcomb	Chief Operating Officer	$465,000	—	$1,135,972	—	$465,000	$11,600	$2,077,572

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$2,086,115	—	$625,000	$11,400	$3,722,515
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$505,746	—	$281,250	—	$1,236,996
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	—	$399,656	—	$281,250	$11,400	$1,142,306
Seth D. Wexler	Senior Vice President, General Counsel & Secretary	$475,000	—	$282,046	—	$228,000	$11,400	$996,446
James M. Holcomb	Chief Operating Officer	$465,000	—	$282,046	—	$223,200	$11,400	$981,646

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$6,582,856	—	$1,251,300	$11,200	$8,845,356
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$2,463,147	—	$563,100	—	$3,476,247
Mark Siegel	Chairman of the Board	$400,000	—	$2,575,693	—	$500,500	—	$3,476,193
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	$200,000	$1,946,742	—	$563,100	$11,200	$3,171,042
Seth D. Wexler	Senior Vice President, General Counsel & Secretary	$475,000	—	$1,374,064	—	$380,400	$11,200	$2,240,664
James M. Holcomb	President--Patterson-UTI Drilling Company LLC	$465,000	—	$1,374,064	—	$358,200	$23,200	$2,220,464

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$1,000,000	—	$7,653,924	—	$1,100,000	$11,000	$9,764,924
Mark Siegel	Chairman of the Board	$752,308	—	$6,122,624	—	$440,000	—	$7,314,932
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$450,000	—	$2,843,300	—	$495,000	—	$3,788,300
Andrew Smith	Executive Vice President & Chief Financial Officer	$450,000	$200,000	$1,640,644	—	$495,000	$11,000	$2,796,644
James M. Holcomb	President--Patterson-UTI Drilling Company LLC	$465,000	—	$1,475,340	—	$619,380	$23,000	$2,582,720
Seth D. Wexler	Senior Vice President, General Counsel & Secretary	$464,164	—	$1,475,340	—	$334,400	$11,000	$2,284,904

Fiscal 2017

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
William Andrew Hendricks	President & Chief Executive Officer	$853,846	$2,250,000	$8,951,693	—	$2,187,500	$10,800	$14,253,839
Mark Siegel	Chairman of the Board	$635,577	$2,550,000	$7,882,637	—	$1,750,000	—	$12,818,214
Kenneth N. Berns	Executive Vice President & Chief Commercial Officer	$382,404	$850,000	$3,758,848	—	$984,375	—	$5,975,627
Seth D. Wexler	Senior Vice President, General Counsel & Secretary	$440,000	$500,000	$1,621,422	—	$539,000	$10,800	$3,111,222
Andrew Smith	Executive Vice President & Chief Financial Officer	$122,885	$250,000	$1,599,989	—	$984,375	$4,154	$2,961,403

Executive changes

Person	Role	Change	Effective	Filed
James C. Stewart	director	Appointed	2026-06-04	2026-06-04
Julie J. Robertson	director	Appointed	2026-06-04	2026-06-04
Amy H. Nelson	director	Appointed	2026-06-04	2026-06-04
Janeen S. Judah	director	Appointed	2026-06-04	2026-06-04
Curtis W. Huff	director	Appointed	2026-06-04	2026-06-04
Cesar Jaime	director	Appointed	2026-06-04	2026-06-04
William A. Hendricks, Jr.	director	Appointed	2026-06-04	2026-06-04
Gary M. Halverson	director	Appointed	2026-06-04	2026-06-04
Robert W. Drummond	director	Appointed	2026-06-04	2026-06-04
Tiffany (TJ) Thom Cepak	director	Appointed	2026-06-04	2026-06-04
Leslie A. Beyer	director	Resigned	2025-09-18	2025-09-19
James M. Holcomb	Chief Operating Officer	Appointed	2025-08-08	2025-08-07
Forrest Robinson	Chief Accounting Officer	Appointed	2025-04-03	2025-04-03

Key facts CIK 889900 CUSIP 703481101 13F (30d) 20 filings 19 filers Visit website Investor relations