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Patterson-Uti Energy (PTEN)
NASDAQ:PTEN
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PTEN Stock Chart & Stats
Day’s Range― - ―
52-Week Range$7.15 - $12.65
Previous CloseN/A
Volume1.56M
Average Volume (3M)9.04M
Market Cap
$3.69B
Enterprise Value$4.20B
Total Cash (Recent Filing)$35.15M
Total Debt (Recent Filing)$598.44M
Price to Earnings (P/E)―
Beta0.96
Next Earnings
Feb 05, 2025EPS Estimate
-0.08Last Dividend Ex-Date
Dec 02, 2024Dividend Yield3.43%
Share Statistics
EPS (TTM)-2.20
Shares Outstanding389,956,450
10 Day Avg. Volume7,488,987
30 Day Avg. Volume9,038,018
Standard Deviation0.21
R-Squared0.27
Alpha-0.00447
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.63
Price to Cash Flow (P/CF)3.10
P/FCF Ratio7.90
Enterprise Value/Market Cap1.14
Enterprise Value/Revenue0.72
Enterprise Value/Gross Profit6.96
Enterprise Value/Ebitda91.30
Forecast
1Y Price Target
$10.71Price Target Upside13.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Patterson-UTI News
PremiumCompany Announcements
Patterson-UTI Plans CapEx Reduction, Focus on Gas Basins
Ownership Overview
2.55% Insiders
26.62% Mutual Funds
0.30% Other Institutional Investors
33.84% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PTEN FAQ
What was Patterson-Uti Energy’s price range in the past 12 months?
Patterson-Uti Energy lowest stock price was $7.15 and its highest was $12.65 in the past 12 months.
What is Patterson-Uti Energy’s market cap?
Patterson-Uti Energy’s market cap is $3.69B.
When is Patterson-Uti Energy’s upcoming earnings report date?
Patterson-Uti Energy’s upcoming earnings report date is Feb 05, 2025 which is in 18 days.
How were Patterson-Uti Energy’s earnings last quarter?
Patterson-Uti Energy released its earnings results on Oct 23, 2024. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.014 by -$0.014.
Is Patterson-Uti Energy overvalued?
According to Wall Street analysts Patterson-Uti Energy’s price is currently Undervalued.
Does Patterson-Uti Energy pay dividends?
Patterson-Uti Energy pays a Quarterly dividend of $0.316 which represents an annual dividend yield of 3.43%. See more information on Patterson-Uti Energy dividends here
What is Patterson-Uti Energy’s EPS estimate?
Patterson-Uti Energy’s EPS estimate is -0.08.
How many shares outstanding does Patterson-Uti Energy have?
Patterson-Uti Energy has 389,956,450 shares outstanding.
What happened to Patterson-Uti Energy’s price movement after its last earnings report?
Patterson-Uti Energy reported an EPS of $0 in its last earnings report, missing expectations of $0.014. Following the earnings report the stock price went up 2.202%.
Which hedge fund is a major shareholder of Patterson-Uti Energy?
Among the largest hedge funds holding Patterson-Uti Energy’s share is Blackstone Inc.. It holds Patterson-Uti Energy’s shares valued at 220M.
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Patterson-UTI Stock Smart Score
Unlock Smart Score
1
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5
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8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$10.71 (13.33% Upside)
$10.71 (13.33% Upside)
Blogger Sentiment
Bullish
PTEN Sentiment 83%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Decreased
By 1.0M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $588.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.6%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-2.76%
12-Months-Change
Fundamentals
Return on Equity
-20.31%
Trailing 12-Months
Asset Growth
-19.63%
Trailing 12-Months
Company Description
Patterson-Uti Energy
Patterson-UTI Energy, Inc. engages in the provision of onshore contract drilling services to major and independent oil and natural gas operators. It operates through the following segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its services to major and independent oil and natural gas operators. The Pressure Pumping Services segment provides pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin. The Directional Drilling Services segment offers downhole performance motors and equipment to provide services including directional drilling, downhole performance motors, motor rentals, directional surveying, measurement-while-drilling, and wireline steering tools, in most major onshore oil and natural gas basins. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.
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PTEN Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
Patterson-UTI demonstrated resilience with successful integrations and strategic advancements, particularly in electric fleet expansion and international growth. However, they faced significant financial impairments and challenges in Completion Services. Despite the setbacks, the company's innovative strategies and strong shareholder returns highlight a robust position moving forward.Read More>---
PTEN Stock 12 Month Forecast
Average Price Target
$10.71
▲(13.33% Upside)
Technical Analysis
Helmerich & Payne
―
Nabors Industries
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Precision Drilling
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Berry Petroleum
―
Seadrill Limited
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Best Analysts Covering PTEN
1 Year
1 Year Success Rate
9/15 ratings generated profit
1 Year Average Return
+4.59%
reiterated a buy rating 15 days ago
Copying Scott Gruber's trades and holding each position for 1 Year would result in 60.00% of your transactions generating a profit, with an average return of +4.59% per trade.
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