Patterson-UTI Energy Future Growth
Future criteria checks 3/6
Patterson-UTI Energy is forecast to grow earnings and revenue by 44.2% and 4.7% per annum respectively. EPS is expected to grow by 37.8% per annum. Return on equity is forecast to be 6% in 3 years.
Key information
44.2%
Earnings growth rate
37.8%
EPS growth rate
| Energy Services earnings growth | 21.2% |
| Revenue growth rate | 4.7% |
| Future return on equity | 6.0% |
| Analyst coverage | Good |
| Last updated | 21 Aug 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 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 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 10Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 6,165 | 333 | 668 | 1,394 | 6 |
| 12/31/2025 | 5,766 | 194 | 506 | 1,236 | 14 |
| 12/31/2024 | 5,517 | 93 | 493 | 1,214 | 11 |
| 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 | -113 | 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 |
| 9/30/2013 | 2,710 | 228 | N/A | 880 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PTEN's forecast earnings growth (44.2% per year) is above the savings rate (2.5%).
Earnings vs Market: PTEN's earnings (44.2% per year) are forecast to grow faster than the US market (15.2% per year).
High Growth Earnings: PTEN's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: PTEN's revenue (4.7% per year) is forecast to grow slower than the US market (8.8% per year).
High Growth Revenue: PTEN's revenue (4.7% 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 (6%).