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$11.50+1.68%
as of close, Oct 16, 2026
☾ AH $11.50 +1.68%
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Patterson-UTI Energy Inc. drawdown: 70.0% below the all-time high (price)

Patterson-UTI Energy Inc. is 70.0% below its all-time high, set Jan 23, 2006 (as of market close, Oct 16, 2026), measured on price alone — dividends are not included, the convention headlines and crash histories use. The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.

Below all-time high
−70.0%
30.0% of ATH
All-time high
$38.33
Jan 23, 2006
Time below the high
20.7 yrs
since Jan 23, 2006
Worst-ever drawdown
−95.6%
Apr 3, 2020
Longest underwater
20.7 yrs
between all-time highs
Today's level first reached
Sep 16, 1997
29.1 yrs ago
Last time this deep
Sep 27, 2001
in a previous episode

% of all-time high since 1993: price#

The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.

Basis
Range
All-time high = 100%20%40%60%80%
PTEN close · log1.002.005.0010.0020.00
1995200020052010201520202025

The deepest drawdowns on record#

Every decline of 15% or more from an all-time high (price basis), deepest first.

PeakTroughDepthPeak → troughRecovered byUnderwater
Jan 23, 2006Apr 3, 2020−95.6%14.2 yrsnot yet20.7 yrs+
Oct 10, 1997Feb 17, 1999−91.4%16 moAug 23, 20002.9 yrs
Mar 7, 2001Sep 26, 2001−71.1%7 moFeb 2, 20053.9 yrs
Sep 11, 2000Dec 1, 2000−35.8%3 moDec 26, 20003 mo
Jan 14, 1997Mar 3, 1997−35.0%48 daysMay 9, 19974 mo
Oct 19, 1995Nov 15, 1995−25.0%27 daysJan 10, 19963 mo
Nov 3, 1994Jan 24, 1995−23.8%3 moMay 3, 19956 mo
Dec 27, 2000Jan 4, 2001−21.6%8 daysMar 5, 20012 mo

Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.

Drawdown vs what came next#

One dot per month since 1993: how far Patterson-UTI Energy Inc. stood below its all-time high, and the total return over the following 1, 5 and 10 years.

1950–19992000–today

Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.

FAQ#

How far is Patterson-UTI Energy Inc. from its all-time high?
Patterson-UTI Energy Inc. is currently 70.0% below its all-time high, set Jan 23, 2006 (as of market close, Oct 16, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
What was the biggest Patterson-UTI Energy Inc. drawdown ever?
The deepest decline on record in our data (since 1993) took Patterson-UTI Energy Inc. 95.6% below its prior high, bottoming Apr 3, 2020. The table on this page lists every major episode with its peak, trough and recovery date.

Methodology & related#

Daily data since -1 from PTEN; no free deep history exists for Patterson-UTI Energy Inc. — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.

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