PATTERSON-UTI ENERGY INC
PTENNASDAQTrading Snapshot
- Day Range
- $12.33 β $12.67
- 52-Week Range
- $5.24 β $13.39
- Volume (shares)
- 7,581,285.474
- Avg Volume (shares)
- β
- Shares Outstanding
- 381.4M
- Next Earnings
- 2027-02-03
Fundamentals Snapshot
- Annual Revenue
- $4.83B
- Last Q Revenue
- $1.23B
- P/E Ratio
- β
- P/S Ratio
- 1.0x
- EPS (TTM)
- $-0.24
- Dividend Yield
- 2.92%
- Dilution (1yr)
- β2.6%
PATTERSON-UTI ENERGY INC
PTENAbout PATTERSON-UTI ENERGY INC
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Otter Score Breakdown
How it's scoredFive components, each rated 1β5β and equally weighted (20%), averaged to a 0β100 score:π Quality β gross marginπ Growth β revenue YoYβοΈ Valuation β P/S ratioβ‘ Momentum β 30-day price changeπ§ Dilution β 1-yr share issuance (buybacks score higher)Latest News & Updates

Patterson-UTI (PTEN) Meets Q3 Earnings Estimates
Patterson-UTI (PTEN) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate . This compares to a loss of $0.06 per share a year ago.

3 of the Best Breakout Stocks to Buy Now for Big Upside
RELL, TALO and PTEN Energy emerge as potential breakout stocks, with strong projected earnings growth and prices near 52-week highs.

Patterson-UTI (PTEN) Earnings Expected to Grow: Should You Buy?
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Are You Looking for a Top Momentum Pick? Why Patterson-UTI (PTEN) is a Great Choice
Does Patterson-UTI (PTEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Patterson-UTI (PTEN) is a Strong Momentum Stock
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Patterson-UTI Energy (NASDAQ:PTEN) Stock Crosses Above 200-Day Moving Average β Hereβs What Happened
Patterson-UTI Energy, Inc. (NASDAQ: PTEN - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.06 and traded as high as $11.96. Patte