Patterson-UTI Energy, Inc. (PTEN)
- Previous Close
11.34 - Open
11.30 - Bid 11.58 x 2100
- Ask 11.63 x 800
- Day's Range
11.20 - 11.63 - 52 Week Range
9.70 - 16.18 - Volume
4,722,721 - Avg. Volume
6,695,503 - Market Cap (intraday)
4.678B - Beta (5Y Monthly) 2.24
- PE Ratio (TTM)
13.18 - EPS (TTM)
0.88 - Earnings Date May 2, 2024
- Forward Dividend & Yield 0.32 (2.82%)
- Ex-Dividend Date Feb 29, 2024
- 1y Target Est
16.12
Patterson-UTI Energy, Inc., through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and involved in the power solutions natural gas fueling, and logistics and storage businesses. The Drilling Products segment manufactures and distributes drill bits for energy and mining markets. It also provides software and services, such as MWD Survey FDIR, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir; and rents oilfield tools. The company was founded in 1978 and is headquartered in Houston, Texas.
www.patenergy.comRecent News: PTEN
Performance Overview: PTEN
Trailing total returns as of 4/23/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
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Statistics: PTEN
Valuation Measures
Market Cap
4.58B
Enterprise Value
5.73B
Trailing P/E
12.90
Forward P/E
18.45
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.77
Price/Book (mrq)
0.95
Enterprise Value/Revenue
1.38
Enterprise Value/EBITDA
5.25
Financial Highlights
Profitability and Income Statement
Profit Margin
5.94%
Return on Assets (ttm)
5.35%
Return on Equity (ttm)
7.58%
Revenue (ttm)
4.15B
Net Income Avi to Common (ttm)
246.29M
Diluted EPS (ttm)
0.88
Balance Sheet and Cash Flow
Total Cash (mrq)
192.68M
Total Debt/Equity (mrq)
27.91%
Levered Free Cash Flow (ttm)
245.52M
Research Analysis: PTEN
Company Insights: PTEN
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: PTEN
PTEN: What does Argus have to say about PTEN?
PATTERSON-UTI ENERGY INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice TargetPTEN: What does Argus have to say about PTEN?
PATTERSON-UTI ENERGY INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice TargetPTEN: What does Argus have to say about PTEN?
PATTERSON-UTI ENERGY INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice TargetPTEN: What does Argus have to say about PTEN?
PATTERSON-UTI ENERGY INC has an Investment Rating of SELL; a target price of $10.000000; an Industry Subrating of Low; a Management Subrating of Low; a Safety Subrating of Low; a Financial Strength Subrating of Medium; a Growth Subrating of Low; and a Value Subrating of Low.
RatingPrice Target