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PTEN

Patterson-UTI Energy NasdaqGS:PTEN Stock Report

Last Price

US$17.61

Market Cap

US$3.8b

7D

0.2%

1Y

135.4%

Updated

04 Dec, 2022

Data

Company Financials +
PTEN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends2/6

PTEN Stock Overview

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally.

Patterson-UTI Energy, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Patterson-UTI Energy
Historical stock prices
Current Share PriceUS$17.61
52 Week HighUS$20.53
52 Week LowUS$7.36
Beta2.4
1 Month Change-2.82%
3 Month Change14.80%
1 Year Change135.43%
3 Year Change80.43%
5 Year Change-18.55%
Change since IPO1,810.23%

Recent News & Updates

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

Recent updates

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

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

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's (NASDAQ:PTEN) Dividend Will Be Increased To US$0.04

Feb 13
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be Increased To US$0.04

Patterson-UTI Energy (NASDAQ:PTEN) Has Affirmed Its Dividend Of US$0.02

Oct 31
Patterson-UTI Energy (NASDAQ:PTEN) Has Affirmed Its Dividend Of US$0.02

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

Oct 28
We Think Patterson-UTI Energy (NASDAQ:PTEN) Has A Fair Chunk Of Debt

Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 27%?

Oct 02
Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 27%?

Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be US$0.02

Aug 14
Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be US$0.02

Patterson-UTI Energy (NASDAQ:PTEN) Has Announced A Dividend Of US$0.02

Jul 31
Patterson-UTI Energy (NASDAQ:PTEN) Has Announced A Dividend Of US$0.02

Does Patterson-UTI Energy (NASDAQ:PTEN) Have A Healthy Balance Sheet?

Jul 07
Does Patterson-UTI Energy (NASDAQ:PTEN) Have A Healthy Balance Sheet?

New Forecasts: Here's What Analysts Think The Future Holds For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

May 04
New Forecasts: Here's What Analysts Think The Future Holds For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Intrinsic Value Is Potentially 60% Above Its Share Price

Mar 25
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Intrinsic Value Is Potentially 60% Above Its Share Price

Do These 3 Checks Before Buying Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Upcoming Dividend

Feb 27
Do These 3 Checks Before Buying Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Upcoming Dividend

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Investors Should Think About This Before Buying It For Its Dividend

Feb 08
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Investors Should Think About This Before Buying It For Its Dividend

Patterson-UTI Energy (NASDAQ:PTEN) Is Carrying A Fair Bit Of Debt

Jan 13
Patterson-UTI Energy (NASDAQ:PTEN) Is Carrying A Fair Bit Of Debt

Patterson-UTI Energy's(NASDAQ:PTEN) Share Price Is Down 75% Over The Past Three Years.

Dec 18
Patterson-UTI Energy's(NASDAQ:PTEN) Share Price Is Down 75% Over The Past Three Years.

Don't Buy Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Next Dividend Without Doing These Checks

Nov 27
Don't Buy Patterson-UTI Energy, Inc. (NASDAQ:PTEN) For Its Next Dividend Without Doing These Checks

Shareholder Returns

PTENUS Energy ServicesUS Market
7D0.2%3.5%1.5%
1Y135.4%65.0%-14.9%

Return vs Industry: PTEN exceeded the US Energy Services industry which returned 65% over the past year.

Return vs Market: PTEN exceeded the US Market which returned -14.9% over the past year.

Price Volatility

Is PTEN's price volatile compared to industry and market?
PTEN volatility
PTEN Average Weekly Movement9.6%
Energy Services Industry Average Movement8.1%
Market Average Movement7.4%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.3%

Stable Share Price: PTEN is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: PTEN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19785,000Andy Hendrickshttps://www.patenergy.com

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia.

Patterson-UTI Energy, Inc. Fundamentals Summary

How do Patterson-UTI Energy's earnings and revenue compare to its market cap?
PTEN fundamental statistics
Market CapUS$3.82b
Earnings (TTM)-US$309.80m
Revenue (TTM)US$2.33b

1.6x

P/S Ratio

-12.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTEN income statement (TTM)
RevenueUS$2.33b
Cost of RevenueUS$1.71b
Gross ProfitUS$615.98m
Other ExpensesUS$925.78m
Earnings-US$309.80m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-1.43
Gross Margin26.49%
Net Profit Margin-13.32%
Debt/Equity Ratio52.2%

How did PTEN perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

-10%

Payout Ratio