Patterson-UTI Energy, Inc. (PTEN)
$
5.91
+0.03 (0.51%)
Key metrics
Financial statements
Free cash flow per share
1.0465
Market cap
2.3 Billion
Price to sales ratio
0.4431
Debt to equity
0.3770
Current ratio
1.6100
Income quality
-1.0011
Average inventory
167.4 Million
ROE
-0.2704
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
Patterson-UTI Energy, Inc., through its subsidiaries, offers comprehensive onshore contract drilling services to oil and natural gas operators both domestically and internationally. As part of its financial performance, the company recorded a net income of -$968,031,000.00 reflecting its profitability in a competitive market. The operating income ratio is -0.17 indicating the company's operational profitability margin, while the cost of revenue for the company is $5,091,742,000.00 showcasing its production and operational expenses. Moreover, the company reported an income before tax of -$956,946,000.00 showcasing its pre-tax profitability. Additionally, the weighted average number of diluted shares outstanding is 397,196,000.00 reflecting potential dilution effects, which is an important consideration for investors evaluating the company's financial metrics. This performance highlights the effectiveness of Patterson-UTI's business strategy across its three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services, as it continues to provide essential services in vital oil and gas regions. In terms of market positioning, the stock is affordable at $5.89 suitable for budget-conscious investors seeking value in the energy sector. The stock has a high average trading volume of 13,828,737.00 indicating strong liquidity, which is a positive attribute for potential shareholders. With a mid-range market capitalization of $2,281,183,170.00 the company is a steady performer within the energy landscape. It is a key player in the Oil & Gas Drilling industry, contributing significantly to the overall market landscape and positioning itself for future growth. Additionally, it belongs to the Energy sector, driving innovation and growth in energy production and services, making it an attractive consideration for investors looking to diversify their portfolios in a fluctuating market.
Is Patterson-UTI Energy, Inc. (PTEN) a good investment?
Investing in Patterson-UTI Energy, Inc. (PTEN) depends on multiple factors, including revenue growth, profit margins, debt-to-equity ratio, earnings per share, and return on equity. Analysts have rated it as B-, with a Bearish outlook. Always conduct your own research before investing.
What is Patterson-UTI Energy, Inc. (PTEN)'s stock forecast?
Analysts predict Patterson-UTI Energy, Inc. stock to fluctuate between $5.12 (low) and $11.27 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is Patterson-UTI Energy, Inc.'s market capitalization?
As of 2025-06-27, Patterson-UTI Energy, Inc.'s market cap is $2,281,183,170, based on 385,987,000 outstanding shares.
How does Patterson-UTI Energy, Inc. compare to competitors like Exxon Mobil Corporation?
Compared to Exxon Mobil Corporation, Patterson-UTI Energy, Inc. has a Lower Market-Cap, indicating a difference in performance.
Does Patterson-UTI Energy, Inc. pay dividends?
Patterson-UTI Energy, Inc. pays dividends. The current dividend yield is 5.81%, with a payout of $0.08 per share.
How can I buy Patterson-UTI Energy, Inc. (PTEN) stock?
To buy Patterson-UTI Energy, Inc. (PTEN) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for PTEN. Place an order (Market, Limit, etc.).
What is the best time to invest in Patterson-UTI Energy, Inc.?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has Patterson-UTI Energy, Inc. stock ever split?
Patterson-UTI Energy, Inc.'s last stock split was 2:1 on 2004-07-01.
How did Patterson-UTI Energy, Inc. perform in the last earnings report?
Revenue: $5,377,911,000 | EPS: -$2.44 | Growth: -377.27%.
Where can I find Patterson-UTI Energy, Inc.'s investor relations reports?
Visit https://www.patenergy.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for Patterson-UTI Energy, Inc.?
You can explore historical data from here
What is the all-time high and low for Patterson-UTI Energy, Inc. stock?
All-time high: $20.53 (2022-05-31) | All-time low: $5.12 (2025-04-07).
What are the key trends affecting Patterson-UTI Energy, Inc. stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
zacks.com
12 days ago
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.
accessnewswire.com
24 days ago
HOUSTON, TX / ACCESS Newswire / June 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2025, the Company had an average of 103 drilling rigs operating in the United States.
seekingalpha.com
a month ago
Patterson-UTI faces margin pressure as declining domestic drilling activity persists amid lower oil prices. PTEN's ability to structure performance-based contracts across multiple service platforms gives the company a leading edge on peers. At the current share price, PTEN generates an attractive free cash flow yield despite the challenging market.
accessnewswire.com
2 months ago
HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in the United States.
zacks.com
2 months ago
The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
seekingalpha.com
2 months ago
The energy market's recent turmoil has led to significant declines in stock prices, presenting potential value in oversold companies like Kinetik Holdings, APA Corporation, and Patterson-UTI. KNTK, a midstream company, is expanding its asset base and offers a healthy balance sheet and a 7% dividend. APA, with a 6.5% dividend yield, has strong offshore potential in Suriname, promising significant future free cash flow despite current market challenges.
seekingalpha.com
2 months ago
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President and Chief Executive Officer Andrew Smith - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Scott Gruber - Citigroup Atidrip Modak - Goldman Sachs Saurabh Pant - Bank of America Eddie Kim - Barclays Keith Mackey - RBC Capital Markets Stephen Gengaro - Stifel Dan Kutz - Morgan Stanley Connor Jensen - Raymond James Jeff LeBlanc - TPH and Co. Don Crist - Johnson Rice Sean Mitchell - Daniel Energy Partners Operator Thank you for standing-by. My name is Van, and I will be your conference operator today.
zacks.com
2 months ago
PTEN expects selling, general and administrative expenses of $65 million, and depreciation, depletion, amortization and impairment expenses of $230 million for the second quarter.
zacks.com
2 months ago
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.15 per share a year ago.
accessnewswire.com
2 months ago
HOUSTON, TX / ACCESS Newswire / April 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2025.
See all news
