PTEN Stock Overview
Through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
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Patterson-UTI Energy, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$5.76 |
| 52 Week High | US$11.82 |
| 52 Week Low | US$5.12 |
| Beta | 1.61 |
| 1 Month Change | -27.18% |
| 3 Month Change | -33.64% |
| 1 Year Change | -50.68% |
| 3 Year Change | -67.40% |
| 5 Year Change | 179.61% |
| Change since IPO | 524.81% |
Recent News & Updates
Recent updates
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) 27% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Apr 09
Patterson-UTI: High Torque To Increased Natural Gas Activity
Feb 13Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?
Feb 07Investor Optimism Abounds Patterson-UTI Energy, Inc. (NASDAQ:PTEN) But Growth Is Lacking
Jan 15Patterson-UTI: Cheap Despite Leading Yield And Buyback And Power Segment Potential
Dec 20Why I'm Downranking Patterson-UTI To Hold
Dec 05Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
Oct 29Patterson-UTI: Prioritizing Free Cash Flow And Shareholder Returns
Oct 28Is Patterson-UTI Energy (NASDAQ:PTEN) A Risky Investment?
Oct 15With Patterson-UTI Energy, Inc. (NASDAQ:PTEN) It Looks Like You'll Get What You Pay For
Sep 18
Innovative Contracts And Diversification Spark Revenue Growth And Shareholder Value
Sep 03 Commitment to capital-efficient operations and shareholder value enhancement through strategic financial management, including share repurchases and debt reduction.Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08
Aug 21Patterson-UTI: If We Don't Get Recession Soon, Oil/Gas Could Soar
Aug 09Patterson-UTI Energy, Inc. Just Missed EPS By 59%: Here's What Analysts Think Will Happen Next
Aug 01Does Patterson-UTI Energy (NASDAQ:PTEN) Have A Healthy Balance Sheet?
Jun 22Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08
May 23Patterson-UTI: The Worm Has Turned In Gas
May 22Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08
May 07Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 03Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't
Apr 25Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 42%?
Mar 08Patterson-UTI Grows With NexTier Merger
Jan 15Investors Continue Waiting On Sidelines For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Jan 03Here's Why Patterson-UTI Energy (NASDAQ:PTEN) Can Manage Its Debt Responsibly
Dec 13Additional 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 01Shareholder Returns
| PTEN | US Energy Services | US Market | |
|---|---|---|---|
| 7D | 1.8% | 1.9% | 5.4% |
| 1Y | -50.7% | -31.6% | 3.6% |
Return vs Industry: PTEN underperformed the US Energy Services industry which returned -31.5% over the past year.
Return vs Market: PTEN underperformed the US Market which returned 3.6% over the past year.
Price Volatility
| PTEN volatility | |
|---|---|
| PTEN Average Weekly Movement | 12.3% |
| Energy Services Industry Average Movement | 9.3% |
| Market Average Movement | 7.7% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 4.0% |
Stable Share Price: PTEN's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: PTEN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 9,200 | Andy Hendricks | www.patenergy.com |
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision od contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine and mining industries; and servicing and re-certification of equipment for drilling contractors.
Patterson-UTI Energy, Inc. Fundamentals Summary
| PTEN fundamental statistics | |
|---|---|
| Market cap | US$2.23b |
| Earnings (TTM) | -US$968.03m |
| Revenue (TTM) | US$5.38b |
0.4x
P/S Ratio-2.3x
P/E RatioIs PTEN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| PTEN income statement (TTM) | |
|---|---|
| Revenue | US$5.38b |
| Cost of Revenue | US$3.92b |
| Gross Profit | US$1.46b |
| Other Expenses | US$2.43b |
| Earnings | -US$968.03m |
Last Reported Earnings
Dec 31, 2024
Next Earnings Date
Apr 24, 2025
| Earnings per share (EPS) | -2.51 |
| Gross Margin | 27.11% |
| Net Profit Margin | -18.00% |
| Debt/Equity Ratio | 35.3% |
How did PTEN perform over the long term?
See historical performance and comparisonDividends
5.6%
Current Dividend Yield-13%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/13 16:22 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Patterson-UTI Energy, Inc. is covered by 58 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Waqar Syed | ATB Capital Markets |
| James West | Barclays |
| Eddie Kim | Barclays |