Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | |||||
Total Revenue | 5.38B | 4.15B | 2.65B | 1.36B | 1.12B |
Gross Profit | 286.17M | 603.72M | 317.10M | -574.04M | -348.58M |
EBITDA | 286.89M | 1.09B | 684.97M | 171.38M | -214.46M |
Net Income | -968.03M | 246.29M | 154.66M | -657.08M | -803.69M |
Balance Sheet | |||||
Total Assets | 5.83B | 7.42B | 3.14B | 2.96B | 3.30B |
Cash, Cash Equivalents and Short-Term Investments | 241.29M | 192.68M | 137.55M | 117.52M | 224.91M |
Total Debt | 1.30B | 1.35B | 855.65M | 877.32M | 927.70M |
Total Liabilities | 2.36B | 2.60B | 1.48B | 1.35B | 1.28B |
Stockholders Equity | 3.47B | 4.81B | 1.67B | 1.61B | 2.02B |
Cash Flow | |||||
Free Cash Flow | 497.15M | 390.22M | 129.39M | -70.82M | 133.38M |
Operating Cash Flow | 1.18B | 1.01B | 566.19M | 95.50M | 278.86M |
Investing Cash Flow | -654.74M | -1.02B | -413.23M | -131.59M | -124.98M |
Financing Cash Flow | -474.99M | 65.57M | -133.38M | -71.93M | -103.15M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | $1.88B | 5.69 | 12.75% | ― | -15.60% | 32.51% | |
67 Neutral | $15.28B | 9.73 | 6.25% | 5.18% | 4.49% | -71.88% | |
64 Neutral | $1.67B | 7.78 | 7.57% | 6.96% | 12.23% | -37.06% | |
63 Neutral | $2.73B | ― | -6.65% | ― | 24.47% | -55.45% | |
63 Neutral | $577.71M | 10.79 | 5.17% | 10.76% | 19.15% | 15.37% | |
52 Neutral | $2.35B | ― | -27.16% | 5.25% | -7.98% | -1011.04% | |
51 Neutral | $522.64M | ― | -44.00% | ― | -0.94% | -19.18% |
Patterson-UTI Energy reported a net loss of $49 million for the second quarter of 2025, impacted by a $28 million non-cash asset impairment related to its Colombian drilling operations. Despite the loss, the company returned $46 million to shareholders and highlighted its strategic focus on technology and digital solutions to improve market positioning. The company noted increased oil market volatility and cautious customer behavior due to macroeconomic uncertainties but remains optimistic about long-term opportunities, particularly in natural gas basins. Patterson-UTI’s technological advancements, such as the Cortex® Automation Platform and Vertex™ frac automation, are expected to enhance customer relationships and drive future growth.
The most recent analyst rating on (PTEN) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Patterson-UTI stock, see the PTEN Stock Forecast page.
On June 5, 2025, Patterson-UTI Energy, Inc. held its Annual Meeting of Stockholders, where 353,304,006 of the 385,978,013 outstanding shares were represented. During the meeting, eleven directors were elected to the board, PricewaterhouseCoopers LLP was ratified as the independent accounting firm for 2025, and the compensation of named executive officers was approved on an advisory basis. These decisions reflect the company’s ongoing governance and operational strategies, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (PTEN) stock is a Buy with a $11.00 price target. To see the full list of analyst forecasts on Patterson-UTI stock, see the PTEN Stock Forecast page.
In its recent investor presentation, Patterson-UTI Energy, Inc. highlighted its operational updates and strategic focus for 2025. The company reported operating 100 rigs in the U.S. and anticipates a slight decrease in activity by the end of the second quarter of 2025. Despite some job delays, the completion services segment maintains high utilization of natural gas-powered assets. Patterson-UTI expects stronger adjusted free cash flow in the latter half of 2025, with a flexible capital expenditure budget. The company emphasizes its differentiated operating capabilities and aims to return at least 50% of adjusted free cash flow to investors, supported by a strong capital structure with no senior note maturities until 2028.
The most recent analyst rating on (PTEN) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Patterson-UTI stock, see the PTEN Stock Forecast page.