VVelarionINTELLIGENCE
Sign inStart free trial
Start free trial
Energy

Patterson UTI Energy Executive Compensation (FY25)

PTEN · Houston, TX · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
William Hendricks
Latest say-on-pay support
=
June 4, 2026
Chief executive pay ratio
◇
To the median employee
Velarion Intel, $5,000/year: one seat · one year · every company we cover, with dashboards, peer screens and board-ready briefs.
See every company’s exec pay — free for 3 days, no cardSee the plan and pricing
Email me this page as a cited PDF — sent in 2 minutes
The same figures, the same citations, formatted to hand to a committee. Nothing is added that is not on this page.
Your address is used for this and nothing else. Unsubscribe in one click.

The paid brief on Patterson UTI Energy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
Data as of November 5, 2026Latest filing (8-K): June 4, 2026
15 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Patterson UTI Energy brief$500Get the executive brief
Velarion Intel, one year, every company
337 figures on this page: 327 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

More on Patterson UTI Energy

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — William Hendricks: $12,051,176 → $12,077,321 (0.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Patterson UTI Energy's chief executive and what were they paid?
William Hendricks, President & Chief Executive Officer, received $12,077,321 in total compensation for fiscal 2025. Compared with the $12,051,176 reported for fiscal 2024, Hendricks' total was 0.2% higher.
What was Patterson UTI Energy's say-on-pay result?
Shareholders recorded 95.2% support for the say-on-pay proposal at the meeting held June 4, 2026 for fiscal 2025.
Which companies are in Patterson UTI Energy's peer group?
Companies named in the disclosed peer group include Antero Resources Corporation, APA Corporation, ChampionX Corporation, Diamondback Energy, Inc. and Dover Corporation, among others. The 2025 Performance Peer Group (supplemental) names Baker Hughes Company, Expro Group Holdings N.V., Precision Drilling Corporation, ProFrac Holding Corp. and ProPetro Holding Corp., among others. Companies named in the 2026 Compensation Peer Group (supplemental) include Flowserve Corporation, Noble Corporation plc, Oceaneering International, Inc., Transocean Ltd. and Valaris Limited.
What is Patterson UTI Energy's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2025 is 91:1, against median employee compensation of $132,715.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Hendricks
President & Chief Executive Officer
◇—◇—◇—◇◇
C. Andrew Smith
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Kenneth Berns
Executive Vice President & Chief Commercial Officer
◇—◇—◇——◇
Seth Wexler
Executive Vice President General Counsel & Secretary
◇—◇—◇—◇◇
James Holcomb
Executive Vice President & Chief Business Officer
◇◇◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Hendricks
President & Chief Executive Officer
◇—◇—◇—◇◇
C. Andrew Smith
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Kenneth Berns
Executive Vice President & Chief Commercial Officer
◇—◇—◇——◇
James Holcomb
Executive Vice President & Chief Business Officer
◇◇◇—◇—◇◇
Seth Wexler
Executive Vice President General Counsel & Secretary
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Hendricks
President & Chief Executive Officer
◇—◇—◇—◇◇
James Holcomb
Executive Vice President & Chief Business Officer
◇◇◇—◇—◇◇
C. Andrew Smith
Executive Vice President & Chief Financial Officer
◇◇◇—◇—◇◇
Seth Wexler
Executive Vice President, General Counsel & Secretary
◇◇◇—◇—◇◇
Kenneth Berns
Executive Vice President & Chief Commercial Officer
◇◇◇—◇——◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Hendricks
President & Chief Executive Officer
◇—◇—◇—◇◇
James Holcomb
Executive Vice President & Chief Operating Officer
◇◇◇—◇—◇◇
C. Andrew Smith
Executive Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Seth Wexler
Executive Vice President, General Counsel & Secretary
◇—◇—◇—◇◇
Kenneth Berns
Executive Vice President & Chief Commercial Officer
◇—◇—◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
C. Andrew SmithRSU◇——◇——◇
C. Andrew SmithPSU◇◇◇—◇—◇
C. Andrew SmithPSU◇◇◇—◇—◇
C. Andrew SmithRSU◇——◇——◇
James M. HolcombRSU◇——◇——◇
James M. HolcombPSU◇◇◇—◇—◇
James M. HolcombPSU◇◇◇—◇—◇
James M. HolcombRSU◇——◇——◇
Kenneth N. BernsRSU◇——◇——◇
Kenneth N. BernsRSU◇——◇——◇
Kenneth N. BernsPSU◇◇◇—◇—◇
Kenneth N. BernsPSU◇◇◇—◇—◇
Seth D. WexlerRSU◇——◇——◇
Seth D. WexlerPSU◇◇◇—◇—◇
Seth D. WexlerPSU◇◇◇—◇—◇
Seth D. WexlerRSU◇——◇——◇
William HendricksRSU◇——◇——◇
William HendricksPSU◇◇◇—◇—◇
William HendricksPSU◇◇◇—◇—◇
William HendricksRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
William HendricksPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
C. Andrew SmithPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
James HolcombPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Kenneth BernsPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
Seth WexlerPSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
C. Andrew Smith
Executive Vice President & Chief Financial Officer · Change-in-control agreement
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
James Holcomb
Executive Vice President & Chief Operating Officer · Change-in-control agreement
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Non-compete period◇
Non-solicit period◇
Clawback◇
Kenneth Berns
Executive Vice President & Chief Commercial Officer · Change-in-control agreement
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Excise tax treatment◇
Seth Wexler
Executive Vice President, General Counsel & Secretary · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Non-compete period◇
Non-solicit period◇
William Hendricks
President and Chief Executive Officer · Employment agreement
Severance multiple◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Non-compete period◇
Non-solicit period◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert W. Drummond
◇◇———◇◇
Curtis W. Huff
Board chair
◇◇————◇
Tiffany (TJ) Thom Cepak
◇◇————◇
Gary M. Halverson
◇◇————◇
Amy H. Nelson
◇◇————◇
Julie J. Robertson
◇◇————◇
James C. Stewart
◇◇————◇
Cesar Jaime
◇◇————◇
Janeen S. Judah
◇◇————◇
Leslie A. Beyer
◇◇————◇
William A. Hendricks, Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Antero Resources Corporation AR
  • APA Corporation APA
  • ChampionX Corporation symbol not shown
  • Diamondback Energy, Inc. FANG
  • Dover Corporation DOV
  • Fluor Corporation FLR
  • Halliburton Company HAL
  • Helmerich & Payne, Inc. HP
  • Ingersoll Rand Inc. IR
  • KBR, Inc. KBR
  • Liberty Energy Inc. LBRT
  • Nabors Industries Ltd. NBR
  • NOV, Inc. NOV
  • TechnipFMC plc FTI
  • Weatherford International plc WFRD
2025 Performance Peer Group (supplemental)
  • Baker Hughes Company BKR
  • Expro Group Holdings N.V. XPRO
  • Precision Drilling Corporation PDS
  • ProFrac Holding Corp. ACDC
  • ProPetro Holding Corp. PUMP
  • Schlumberger Limited SLB
2026 Compensation Peer Group (supplemental)
  • Flowserve Corporation FLS
  • Noble Corporation plc NE
  • Oceaneering International, Inc. OII
  • Transocean Ltd. RIG
  • Valaris Limited VAL

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 4, 2026=◇◇◇
2024June 5, 2025=◇◇◇
2023June 6, 2024=◇◇◇
2021June 2, 2022=◇◇◇
2020June 3, 2021=◇◇◇
2019June 4, 2020=◇◇◇
2018June 6, 2019=◇◇◇
2017June 14, 2018=◇◇◇
2016June 29, 2017=◇◇◇
2015June 2, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”
- William Hendricks (President & Chief Executive Officer), FY2025 total compensation $12,077,321 (base salary $1,300,000) [exec_comp, SEC accession 0000889900-26-000020, filed 2026-04-13]

See a complete sample report

Answered within 24 hours, every figure cited to its SEC filing. This is a one-off report: no refunds.

Tell me when Patterson UTI Energy files
You get a note when this company’s compensation data changes.
Your address is used for this and nothing else. Unsubscribe in one click.

What this page does not include

Everything above is a fact Patterson UTI Energy disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Patterson UTI Energy sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about access
Multiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion Intelligence
Join the list for Peer Group Review
Whether Patterson UTI Energy's disclosed peer group is defensible, who names Patterson UTI Energy back in their own benchmarking group, and how pay tracks performance across it. This is the analysis a compensation consultant delivers on the group above. We will email you when it opens.
Your address is used for this and nothing else. Unsubscribe in one click.

Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
337 figures on this page: 327 cited to the filing that reported them, 10 calculated from figures it prints.
327 cited to the filing
10 calculated from the filing

Documents cited

  1. 0000889900-26-000044
  2. 0000889900-26-000020
    DIRECTOR COMPENSATION · Director Compensation table · Potential Payments Upon a Termination · Summary Compensation Table
  3. 0001628280-25-029681
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001628280-25-017335
  5. 0001628280-24-027053
  6. 0000950170-24-043522
    Summary Compensation Table
  7. 0000950170-23-012448
    Summary Compensation Table
  8. 0000950170-22-011159
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001564590-21-031588
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001564590-20-028390
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001564590-19-021922
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001564590-18-015685
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001564590-17-013153
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001299933-16-002588
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Patterson UTI Energy executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PTEN (accessed 2026).
Short form: data: Velarion

The paid brief for Patterson UTI Energy

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
15 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
Embed this data
A small, cited view of this data for your own page or newsletter. Every embed carries a visible link back here, so the attribution travels with it.
The headline figures, each with its citation.
Connect an AI assistant
Ask your own assistant about Patterson UTI Energy and roughly 3,000 other US public companies, and get back the same figures on this page with the same citations. Free read access, no account. Add this to your assistant's connector settings.
Setup guide and the full list of questions it answers

Energy rankings

Chief executive pay — EnergyCEO pay ratio — EnergySay-on-pay support — Energy

Peers Patterson UTI Energy discloses

The companies named in PTEN's own disclosed peer group.

Antero Resources CorporationAPA CorporationDiamondback Energy, Inc.Dover CorporationFluor CorporationHalliburton CompanyHelmerich & Payne, Inc.Ingersoll Rand Inc.KBR, Inc.Liberty Energy Inc.Nabors Industries Ltd.NOV, Inc.TechnipFMC plcWeatherford International plcBaker Hughes CompanyExpro Group Holdings N.V.ProFrac Holding Corp.ProPetro Holding Corp.Schlumberger LimitedFlowserve CorporationNoble Corporation plcOceaneering International, Inc.Transocean Ltd.Valaris Limited

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  All companies · The Pay Desk · Methodology · Terms · Privacy