PTEN Stock Overview
Patterson-UTI Energy, Inc., through its subsidiaries, provides contract drilling services to oil and natural gas operators in the United States and internationally.
Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 5/6 |
Past Performance | 3/6 |
Financial Health | 5/6 |
Dividends | 4/6 |
Rewards
Risk Analysis
Patterson-UTI Energy, Inc. Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$11.77 |
52 Week High | US$18.10 |
52 Week Low | US$9.70 |
Beta | 2.43 |
1 Month Change | -8.26% |
3 Month Change | -20.63% |
1 Year Change | -27.84% |
3 Year Change | 129.43% |
5 Year Change | -6.36% |
Change since IPO | 1,176.74% |
Recent News & Updates
Recent updates
Additional Considerations Required While Assessing Patterson-UTI Energy's (NASDAQ:PTEN) Strong Earnings
Nov 16Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 40%?
Nov 05Growth Investors: Industry Analysts Just Upgraded Their Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Revenue Forecasts By 36%
Sep 08These 4 Measures Indicate That Patterson-UTI Energy (NASDAQ:PTEN) Is Using Debt Reasonably Well
Aug 22An Intrinsic Calculation For Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Suggests It's 27% Undervalued
Aug 01Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?
May 05Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To $0.08
Nov 20Patterson-UTI Energy (NASDAQ:PTEN) Has Announced That It Will Be Increasing Its Dividend To $0.08
Nov 03Patterson-UTI Energy Is Likely To Greatly Benefit From OPEC's Decision But It Remains Risky
Oct 10Calculating 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 19Patterson-UTI Energy goes ex-dividend tomorrow
Aug 30Patterson-UTI Energy Q2 2022 Earnings Preview
Jul 27A 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: Rig Upgrade Enhances Value
Feb 19Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To US$0.04
Feb 13Shareholder Returns
PTEN | US Energy Services | US Market | |
---|---|---|---|
7D | -0.3% | -0.4% | 1.1% |
1Y | -27.8% | 3.1% | 11.7% |
Return vs Industry: PTEN underperformed the US Energy Services industry which returned 3.1% over the past year.
Return vs Market: PTEN underperformed the US Market which returned 11.7% over the past year.
Price Volatility
PTEN volatility | |
---|---|
PTEN Average Weekly Movement | 5.7% |
Energy Services Industry Average Movement | 5.7% |
Market Average Movement | 6.1% |
10% most volatile stocks in US Market | 15.5% |
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 +/- 6% a week.
Volatility Over Time: PTEN's weekly volatility (6%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1978 | 6,500 | Andy Hendricks | https://www.patenergy.com |
Patterson-UTI Energy, Inc., through its subsidiaries, provides 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$4.91b |
Earnings (TTM) | US$284.44m |
Revenue (TTM) | US$3.35b |
17.3x
P/E Ratio1.5x
P/S RatioIs PTEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
PTEN income statement (TTM) | |
---|---|
Revenue | US$3.35b |
Cost of Revenue | US$2.21b |
Gross Profit | US$1.14b |
Other Expenses | US$858.16m |
Earnings | US$284.44m |
Last Reported Earnings
Sep 30, 2023
Next Earnings Date
n/a
Earnings per share (EPS) | 0.68 |
Gross Margin | 34.10% |
Net Profit Margin | 8.49% |
Debt/Equity Ratio | 25.5% |
How did PTEN perform over the long term?
See historical performance and comparison