Patterson-UTI Energy, Inc.

NasdaqGS:PTEN Stock Report

Market Cap: US$4.3b

Patterson-UTI Energy Past Earnings Performance

Past criteria checks 1/6

Patterson-UTI Energy has been growing earnings at an average annual rate of 41.3%, while the Energy Services industry saw earnings growing at 45% annually. Revenues have been growing at an average rate of 11.4% per year. Patterson-UTI Energy's return on equity is 4.2%, and it has net margins of 4.1%.

Key information

41.3%

Earnings growth rate

39.7%

EPS growth rate

Energy Services Industry Growth23.7%
Revenue growth rate11.4%
Return on equity4.2%
Net Margin4.1%
Last Earnings Update31 Mar 2024

Recent past performance updates

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

Recent updates

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

May 23
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08

Patterson-UTI: The Worm Has Turned In Gas

May 22

Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08

May 07
Patterson-UTI Energy (NASDAQ:PTEN) Will Pay A Dividend Of $0.08

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

May 03
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't

Apr 25
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't

Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 42%?

Mar 08
Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 42%?

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?

Revenue & Expenses Breakdown

How Patterson-UTI Energy makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:PTEN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 244,8651982100
31 Dec 234,1462461710
30 Sep 233,3512841440
30 Jun 233,0673461270
31 Mar 232,9302831200
31 Dec 222,6481551170
30 Sep 222,326-3101050
30 Jun 221,956-454980
31 Mar 221,626-579960
31 Dec 211,357-657910
30 Sep 211,111-399890
30 Jun 21961-428890
31 Mar 21919-475940
31 Dec 201,124-8041030
30 Sep 201,396-7831140
30 Jun 201,787-9331260
31 Mar 202,212-8321360
31 Dec 192,471-4261390
30 Sep 192,774-5411380
30 Jun 193,043-3541370
31 Mar 193,222-3161340
31 Dec 183,327-3211340
30 Sep 183,318751360
30 Jun 183,1361161320
31 Mar 182,861351200
31 Dec 172,35761060
30 Sep 171,816-268890
30 Jun 171,337-318760
31 Mar 17952-312700
31 Dec 16916-319690
30 Sep 161,008-299680
30 Jun 161,224-438700
31 Mar 161,503-370720
31 Dec 151,891-291750
30 Sep 152,454-176800
30 Jun 152,87763810
31 Mar 153,162136810
31 Dec 143,182161800
30 Sep 142,940120770
30 Jun 142,825178770
31 Mar 142,727165760
31 Dec 132,716186740
30 Sep 132,710228710
30 Jun 132,623205690

Quality Earnings: PTEN has a large one-off loss of $108.5M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: PTEN's current net profit margins (4.1%) are lower than last year (9.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PTEN has become profitable over the past 5 years, growing earnings by 41.3% per year.

Accelerating Growth: PTEN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PTEN had negative earnings growth (-30.1%) over the past year, making it difficult to compare to the Energy Services industry average (45.4%).


Return on Equity

High ROE: PTEN's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.