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PATTERSON-UTI ENERGY INC

PTENNASDAQ
πŸ† #1284 by market capEarnings Feb 3US Equity
$12.59β–Ό $0.01 (βˆ’0.06%)
Latest quote
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24hβ–Ό 0.1%
7dβ–² 11.1%
14dβ–² 11.3%
30dβ–² 19.2%
ytdβ–² 106.3%
1yβ–² 94.0%
🏦Market Cap
$4.80B
Small Cap
πŸ“ˆRevenue Growth (YoY)
-6.9%
Declining
πŸ“ŠGross Margin
23.8%
Moderate
πŸ’΅FCF Margin
8.1%
Moderate
βš–οΈP/S Ratio
1.0x
Cheap
Otter Score
64
Fair

Trading Snapshot

Day Range
$12.33 – $12.67
52-Week Range
$5.24 – $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)
βˆ’2.6%
PTEN logo

PATTERSON-UTI ENERGY INC

PTEN
Financial Trends
RevenueThe total money the company brought in from sales, before subtracting any costs.
$4.8Bβ–Ό βˆ’10.3% YoY
Gross MarginOf every $1 of sales, how much is left after the direct cost of making the product/service. Higher = more efficient.
4.8%β–Ό βˆ’10.5% YoY
Operating IncomeProfit from the core business after operating costs, but before interest and taxes. Negative means the core business isn’t profitable yet.
βˆ’$25Mβ–Ό βˆ’97.2% YoY
Free Cash FlowCash left over after running the business and paying for equipment/capex. Negative means the company is burning cash.
$372Mβ–Ό βˆ’25.1% YoY
Shares OutstandingHow many shares exist. Rising means the company is issuing more shares, which dilutes (shrinks) each existing owner’s slice.
379.2Mβ–Ό βˆ’2.6% YoY
Net CashCash minus total debt. Positive = more cash than debt (financially strong); negative = more debt than cash (net debt).
βˆ’$860Mβ–² +$200M YoY
StockOtter Β· stockotter.space

About 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.

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Otter Score Breakdown

How it's scoredFive components, each rated 1–5β˜… and equally weighted (20%), averaged to a 0–100 score:πŸ’Ž Quality β€” gross marginπŸš€ Growth β€” revenue YoYβš–οΈ Valuation β€” P/S ratio⚑ Momentum β€” 30-day price changeπŸ’§ Dilution β€” 1-yr share issuance (buybacks score higher)
πŸ’ŽQualityβ˜…β˜…β˜…β˜…β˜…
πŸš€Growthβ˜…β˜…β˜…β˜…β˜…
βš–οΈValuationβ˜…β˜…β˜…β˜…β˜…
⚑Momentumβ˜…β˜…β˜…β˜…β˜…
πŸ’§Dilutionβ˜…β˜…β˜…β˜…β˜…
Overall Score
Fair
64/100
Analyst data unavailable.

Latest News & Updates

Zacks Investment ResearchΒ·19h ago

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.

Zacks Investment ResearchΒ·1d 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.

Zacks Investment ResearchΒ·8d ago

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.

Zacks Investment ResearchΒ·9d ago

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.

Zacks Investment ResearchΒ·9d ago

Here's Why Patterson-UTI (PTEN) is a Strong Momentum Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

Defense WorldΒ·14d ago

Patterson-UTI Energy (NASDAQ:PTEN) Stock Crosses Above 200-Day Moving Average – Here’s 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