Patterson-UTI Energy, Inc.

NasdaqGS:PTEN Stock Report

Market Cap: US$4.8b

Patterson-UTI Energy Future Growth

Future criteria checks 4/6

Patterson-UTI Energy is forecast to grow earnings and revenue by 24.1% and 13% per annum respectively. EPS is expected to grow by 16% per annum. Return on equity is forecast to be 11.3% in 3 years.

Key information

24.1%

Earnings growth rate

16.0%

EPS growth rate

Energy Services earnings growth17.9%
Revenue growth rate13.0%
Future return on equity11.3%
Analyst coverage

Good

Last updated22 Feb 2024

Recent future growth updates

Recent updates

Patterson-UTI Grows With NexTier Merger

Jan 15

Investors Continue Waiting On Sidelines For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Jan 03
Investors Continue Waiting On Sidelines For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Here's Why Patterson-UTI Energy (NASDAQ:PTEN) Can Manage Its Debt Responsibly

Dec 13
Here's Why Patterson-UTI Energy (NASDAQ:PTEN) Can Manage Its Debt Responsibly

Additional Considerations Required While Assessing Patterson-UTI Energy's (NASDAQ:PTEN) Strong Earnings

Nov 16
Additional Considerations Required While Assessing Patterson-UTI Energy's (NASDAQ:PTEN) Strong Earnings

Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 40%?

Nov 05
Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 40%?

Growth Investors: Industry Analysts Just Upgraded Their Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Revenue Forecasts By 36%

Sep 08
Growth Investors: Industry Analysts Just Upgraded Their Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Revenue Forecasts By 36%

These 4 Measures Indicate That Patterson-UTI Energy (NASDAQ:PTEN) Is Using Debt Reasonably Well

Aug 22
These 4 Measures Indicate That Patterson-UTI Energy (NASDAQ:PTEN) Is Using Debt Reasonably Well

An Intrinsic Calculation For Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Suggests It's 27% Undervalued

Aug 01
An Intrinsic Calculation For Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Suggests It's 27% Undervalued

Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?

May 05
Is Patterson-UTI Energy (NASDAQ:PTEN) Using Too Much Debt?

Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To $0.08

Nov 20
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To $0.08

Patterson-UTI Energy (NASDAQ:PTEN) Has Announced That It Will Be Increasing Its Dividend To $0.08

Nov 03
Patterson-UTI Energy (NASDAQ:PTEN) Has Announced That It Will Be Increasing Its Dividend To $0.08

Patterson-UTI Energy Is Likely To Greatly Benefit From OPEC's Decision But It Remains Risky

Oct 10

Calculating The Intrinsic Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Oct 10
Calculating The Intrinsic Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt

Sep 19
We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt

Patterson-UTI Energy goes ex-dividend tomorrow

Aug 30

Patterson-UTI Energy Q2 2022 Earnings Preview

Jul 27

A Look At The Fair Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Jul 09
A Look At The Fair Value Of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Would Patterson-UTI Energy (NASDAQ:PTEN) Be Better Off With Less Debt?

May 18
Would Patterson-UTI Energy (NASDAQ:PTEN) Be Better Off With Less Debt?

Is There An Opportunity With Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) 35% Undervaluation?

Mar 18
Is There An Opportunity With Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) 35% Undervaluation?

Patterson-UTI Energy: Rig Upgrade Enhances Value

Feb 19

Earnings and Revenue Growth Forecasts

NasdaqGS:PTEN - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20266,8157718971,6324
12/31/20256,6554347761,62515
12/31/20246,2022686921,41914
12/31/20234,1462463901,006N/A
9/30/20233,351284327856N/A
6/30/20233,067346383878N/A
3/31/20232,930283307767N/A
12/31/20222,648155129566N/A
9/30/20222,326-310-86307N/A
6/30/20221,956-454-165136N/A
3/31/20221,626-579-122121N/A
12/31/20211,357-657-7195N/A
9/30/20211,111-399-5447N/A
6/30/2021961-42823104N/A
3/31/2021919-475122214N/A
12/31/20201,124-804133279N/A
9/30/20201,396-783196396N/A
6/30/20201,787-933296550N/A
3/31/20202,212-832285586N/A
12/31/20192,471-426349696N/A
9/30/20192,774-541382826N/A
6/30/20193,043-354257796N/A
3/31/20193,222-316128765N/A
12/31/20183,327-32189731N/A
9/30/20183,31875-60658N/A
6/30/20183,136116-113586N/A
3/31/20182,86135-176445N/A
12/31/20172,3576-266301N/A
9/30/20171,816-268N/A184N/A
6/30/20171,337-318N/A138N/A
3/31/2017952-312N/A197N/A
12/31/2016916-319N/A305N/A
9/30/20161,008-299N/A446N/A
6/30/20161,224-438N/A541N/A
3/31/20161,503-370N/A708N/A
12/31/20151,891-291N/A999N/A
9/30/20152,454-176N/A968N/A
6/30/20152,87763N/A1,009N/A
3/31/20153,162136N/A954N/A
12/31/20143,182161N/A729N/A
9/30/20142,940120N/A799N/A
6/30/20142,825178N/A866N/A
3/31/20142,727165N/A859N/A
12/31/20132,716186N/A889N/A
9/30/20132,710228N/A880N/A
6/30/20132,623205N/A893N/A
3/31/20132,645256N/A951N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTEN's forecast earnings growth (24.1% per year) is above the savings rate (2.3%).

Earnings vs Market: PTEN's earnings (24.1% per year) are forecast to grow faster than the US market (13.4% per year).

High Growth Earnings: PTEN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PTEN's revenue (13% per year) is forecast to grow faster than the US market (8.1% per year).

High Growth Revenue: PTEN's revenue (13% 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 (11.3%).


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