NasdaqGS:PTENEnergy Services
Patterson-UTI Energy (PTEN): Taking Stock of Valuation After a Challenging Year and Recent Share Price Weakness
Patterson-UTI Energy (PTEN) has been grinding through a tough patch, with the share price down over the past year even as 3 month performance has turned positive. This mixed picture invites a closer look at valuation.
See our latest analysis for Patterson-UTI Energy.
At around $5.89, the share price has slipped in the short term, with a weak 7 day share price return and a negative year to date move. However, the 1 year total shareholder return decline is less severe, suggesting momentum may...