Patterson-UTI Energy Future Growth
Future criteria checks 3/6
Patterson-UTI Energy is forecast to grow earnings and revenue by 79.1% and 1% per annum respectively. EPS is expected to grow by 104.8% per annum. Return on equity is forecast to be 1.8% in 3 years.
Key information
79.1%
Earnings growth rate
104.8%
EPS growth rate
| Energy Services earnings growth | 17.0% |
| Revenue growth rate | 1.0% |
| Future return on equity | 1.8% |
| Analyst coverage | Good |
| Last updated | 12 Dec 2024 |
Recent future growth updates
Patterson-UTI Energy, Inc. Just Missed EPS By 59%: Here's What Analysts Think Will Happen Next
Aug 01
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
May 03Recent updates
Patterson-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 18Patterson-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 01Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?
May 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 5,538 | 198 | 440 | 1,049 | 8 |
| 12/31/2025 | 5,257 | -48 | 428 | 1,061 | 12 |
| 12/31/2024 | 5,474 | -950 | 497 | 1,166 | 11 |
| 9/30/2024 | 5,800 | -854 | 569 | 1,312 | N/A |
| 6/30/2024 | 5,454 | 124 | 449 | 1,172 | N/A |
| 3/31/2024 | 4,865 | 198 | 412 | 1,137 | N/A |
| 12/31/2023 | 4,146 | 246 | 390 | 1,006 | N/A |
| 9/30/2023 | 3,351 | 284 | 327 | 856 | N/A |
| 6/30/2023 | 3,067 | 346 | 383 | 878 | N/A |
| 3/31/2023 | 2,930 | 283 | 307 | 767 | N/A |
| 12/31/2022 | 2,648 | 155 | 129 | 566 | N/A |
| 9/30/2022 | 2,326 | -310 | -86 | 307 | N/A |
| 6/30/2022 | 1,956 | -454 | -165 | 136 | N/A |
| 3/31/2022 | 1,626 | -579 | -122 | 121 | N/A |
| 12/31/2021 | 1,357 | -657 | -71 | 95 | N/A |
| 9/30/2021 | 1,111 | -399 | -54 | 47 | N/A |
| 6/30/2021 | 961 | -428 | 23 | 104 | N/A |
| 3/31/2021 | 919 | -475 | 122 | 214 | N/A |
| 12/31/2020 | 1,124 | -804 | 133 | 279 | N/A |
| 9/30/2020 | 1,396 | -783 | 196 | 396 | N/A |
| 6/30/2020 | 1,787 | -933 | 296 | 550 | N/A |
| 3/31/2020 | 2,212 | -832 | 285 | 586 | N/A |
| 12/31/2019 | 2,471 | -426 | 349 | 696 | N/A |
| 9/30/2019 | 2,774 | -541 | 382 | 826 | N/A |
| 6/30/2019 | 3,043 | -354 | 257 | 796 | N/A |
| 3/31/2019 | 3,222 | -316 | 128 | 765 | N/A |
| 12/31/2018 | 3,327 | -321 | 89 | 731 | N/A |
| 9/30/2018 | 3,318 | 75 | -60 | 658 | N/A |
| 6/30/2018 | 3,136 | 116 | N/A | 586 | N/A |
| 3/31/2018 | 2,861 | 35 | N/A | 445 | N/A |
| 12/31/2017 | 2,357 | 6 | N/A | 301 | N/A |
| 9/30/2017 | 1,816 | -268 | N/A | 184 | N/A |
| 6/30/2017 | 1,337 | -318 | N/A | 138 | N/A |
| 3/31/2017 | 952 | -312 | N/A | 197 | N/A |
| 12/31/2016 | 916 | -319 | N/A | 305 | N/A |
| 9/30/2016 | 1,008 | -299 | N/A | 446 | N/A |
| 6/30/2016 | 1,224 | -438 | N/A | 541 | N/A |
| 3/31/2016 | 1,503 | -370 | N/A | 708 | N/A |
| 12/31/2015 | 1,891 | -291 | N/A | 999 | N/A |
| 9/30/2015 | 2,454 | -176 | N/A | 968 | N/A |
| 6/30/2015 | 2,877 | 63 | N/A | 1,009 | N/A |
| 3/31/2015 | 3,162 | 136 | N/A | 954 | N/A |
| 12/31/2014 | 3,182 | 161 | N/A | 729 | N/A |
| 9/30/2014 | 2,940 | 120 | N/A | 799 | N/A |
| 6/30/2014 | 2,825 | 178 | N/A | 866 | N/A |
| 3/31/2014 | 2,727 | 165 | N/A | 859 | N/A |
| 12/31/2013 | 2,716 | 186 | N/A | 889 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTEN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.6%).
Earnings vs Market: PTEN is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: PTEN is expected to become profitable in the next 3 years.
Revenue vs Market: PTEN's revenue (1% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: PTEN's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PTEN's Return on Equity is forecast to be low in 3 years time (1.8%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:49 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Patterson-UTI Energy, Inc. is covered by 64 analysts. 12 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 |
|---|---|
| Tim Monachello | ATB Capital Markets |
| Waqar Syed | ATB Capital Markets |
| James West | Barclays |