William Hendricks is President & Chief Executive Officer of Patterson-UTI Energy, Inc. (PTEN). The company reported total compensation of $12,077,321 for fiscal year 2025.
| Salary | $1,300,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $8,497,991 |
| Option awards | $0 |
| Non-equity incentive plan | $2,264,330 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $15,000 |
| Total | $12,077,321 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Patterson-UTI Energy, Inc. filed April 13, 2026, accession 0000889900-26-000020.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President & Chief Executive Officer | $1,300,000 | $0 | $8,497,991 | $0 | $2,264,330 | $0 | $15,000 | $12,077,321 |
| FY2024 | President & Chief Executive Officer | $1,300,000 | $0 | $9,004,376 | $0 | $1,733,000 | $0 | $13,800 | $12,051,176 |
| FY2023 | President & Chief Executive Officer | $1,000,000 | $0 | $5,930,679 | $0 | $1,340,129 | $0 | $13,200 | $8,284,008 |
| FY2022 | President & Chief Executive Officer | $1,000,000 | $0 | $7,768,767 | $0 | $2,187,500 | $0 | $12,200 | $10,968,467 |
Totals as disclosed in each year's own compensation disclosure for Patterson-UTI Energy, Inc..
| Peer-group chief executive median | $13,202,517 |
|---|---|
| Difference from that median | $-1,125,196 |
| Percentile within the disclosed peer group | 31st |
| Peers with a disclosed figure | 13 |
Medians and percentiles are computed across the peer group Patterson-UTI Energy, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| William Hendricks this page | President & Chief Executive Officer | $12,077,321 |
| James Holcomb | Executive Vice President & Chief Operating Officer | $4,369,825 |
| C. Andrew Smith | Executive Vice President & Chief Financial Officer | $3,839,733 |
| Seth Wexler | Executive Vice President, General Counsel & Secretary | $3,372,495 |
| Kenneth Berns | Executive Vice President & Chief Commercial Officer | $3,161,688 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Patterson-UTI Energy, Inc. compensation brief.
William Hendricks's compensation sits inside Patterson-UTI Energy, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.