Patterson-UTI Energy Future Growth
Future criteria checks 2/6
Patterson-UTI Energy is forecast to grow earnings and revenue by 14.4% and 12.4% per annum respectively. EPS is expected to grow by 6.9% per annum. Return on equity is forecast to be 10.4% in 3 years.
Key information
14.4%
Earnings growth rate
6.9%
EPS growth rate
Energy Services earnings growth | 19.7% |
Revenue growth rate | 12.4% |
Future return on equity | 10.4% |
Analyst coverage | Good |
Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Are 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 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 18Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 6,758 | 387 | 844 | 1,551 | 4 |
12/31/2025 | 6,608 | 405 | 743 | 1,572 | 14 |
12/31/2024 | 6,159 | 263 | 644 | 1,394 | 14 |
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 | -113 | 586 | N/A |
3/31/2018 | 2,861 | 35 | -176 | 445 | N/A |
12/31/2017 | 2,357 | 6 | -266 | 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 |
9/30/2013 | 2,710 | 228 | N/A | 880 | N/A |
6/30/2013 | 2,623 | 205 | N/A | 893 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTEN's forecast earnings growth (14.4% per year) is above the savings rate (2.3%).
Earnings vs Market: PTEN's earnings (14.4% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: PTEN's earnings are forecast to grow, but not significantly.
Revenue vs Market: PTEN's revenue (12.4% per year) is forecast to grow faster than the US market (8% per year).
High Growth Revenue: PTEN's revenue (12.4% 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 (10.4%).