PTEN Stock Overview
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 4/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 2/6 |
My Notes
NewNotes are coming soon
Patterson-UTI Energy, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$16.92 |
| 52 Week High | US$20.53 |
| 52 Week Low | US$9.70 |
| Beta | 2.37 |
| 1 Month Change | 4.32% |
| 3 Month Change | -2.20% |
| 1 Year Change | 67.86% |
| 3 Year Change | 113.10% |
| 5 Year Change | -26.56% |
| Change since IPO | 1,735.38% |
Recent News & Updates
Recent updates
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To $0.08
Nov 20
Patterson-UTI Energy (NASDAQ:PTEN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Nov 03Calculating The Intrinsic Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Oct 10We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt
Sep 19A Look At The Fair Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Jul 09Would Patterson-UTI Energy (NASDAQ:PTEN) Be Better Off With Less Debt?
May 18Is There An Opportunity With Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) 35% Undervaluation?
Mar 18Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To US$0.04
Feb 13Patterson-UTI Energy (NASDAQ:PTEN) Has Affirmed Its Dividend Of US$0.02
Oct 31We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt
Oct 28Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 27%?
Oct 02Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be US$0.02
Aug 14Patterson-UTI Energy (NASDAQ:PTEN) Has Announced A Dividend Of US$0.02
Jul 31Does Patterson-UTI Energy (NASDAQ:PTEN) Have A Healthy Balance Sheet?
Jul 07New Forecasts: Here's What Analysts Think The Future Holds For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
May 04Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Intrinsic Value Is Potentially 60% Above Its Share Price
Mar 25Do These 3 Checks Before Buying Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Upcoming Dividend
Feb 27Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Investors Should Think About This Before Buying It For Its Dividend
Feb 08
Patterson-UTI Energy (NASDAQ:PTEN) Is Carrying A Fair Bit Of Debt
Jan 13Patterson-UTI Energy's(NASDAQ:PTEN) Share Price Is Down 75% Over The Past Three Years.
Dec 18Don't Buy Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Next Dividend Without Doing These Checks
Nov 27Shareholder Returns
| PTEN | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 5.8% | 1.8% | 2.3% |
| 1Y | 67.9% | 39.7% | -9.7% |
Return vs Industry: PTEN exceeded the US Energy Services industry which returned 39.7% over the past year.
Return vs Market: PTEN exceeded the US Market which returned -9.7% over the past year.
Price Volatility
| PTEN volatility | |
|---|---|
| PTEN Average Weekly Movement | 7.4% |
| Energy Services Industry Average Movement | 7.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in US Market | 17.3% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: PTEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: PTEN's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 5,000 | Andy Hendricks | https://www.patenergy.com |
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia.
Patterson-UTI Energy, Inc. Fundamentals Summary
| PTEN fundamental statistics | |
|---|---|
| Market Cap | US$3.67b |
| Earnings (TTM) | -US$309.80m |
| Revenue (TTM) | US$2.33b |
1.6x
P/S Ratio-11.8x
P/E RatioIs PTEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PTEN income statement (TTM) | |
|---|---|
| Revenue | US$2.33b |
| Cost of Revenue | US$1.71b |
| Gross Profit | US$615.98m |
| Other Expenses | US$925.78m |
| Earnings | -US$309.80m |
Last Reported Earnings
Sep 30, 2022
Next Earnings Date
Feb 09, 2023
| Earnings per share (EPS) | -1.43 |
| Gross Margin | 26.49% |
| Net Profit Margin | -13.32% |
| Debt/Equity Ratio | 52.2% |
How did PTEN perform over the long term?
See historical performance and comparison