Market closedNon-fractional
Patterson-UTI Energy/PTEN
13:30
15:10
16:45
18:25
20:00
1D1W1MYTD1YMAX
About Patterson-UTI Energy
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.
Ticker
PTEN
Sector
Energy
Trading on
NASDAQ
Industry
Energy Equipment and Services
Headquarters
Houston, United States
Employees
10,600
Website
www.patenergy.com
PTEN Metrics
BasicAdvanced
$4.2B
Market cap
31.88
P/E ratio
$0.33
EPS
-
Beta
$0.32
Dividend rate
3.07%
Dividend yield
Price and volume
Market cap
$4.2B
Dividend rate
$0.32
Financial strength
Current ratio
1.503
Quick ratio
1.107
Long term debt to equity
26.454
Total debt to equity
26.454
Dividend payout ratio (TTM)
105.30%
Interest coverage (TTM)
5.17%
Management effectiveness
Return on assets (TTM)
4.50%
Return on equity (TTM)
3.95%
Valuation
Price to earnings (TTM)
31.875
Price to revenue (TTM)
0.721
Price to book
0.91
Price to tangible book (TTM)
1.87
Price to free cash flow (TTM)
8.754
Dividend yield (TTM)
3.07%
Growth
Revenue change (TTM)
77.86%
Earnings per share change (TTM)
-79.20%
3-year revenue growth (CAGR)
78.40%
3-year earnings per share growth (CAGR)
-47.65%
3-year dividend per share growth (CAGR)
58.74%
What the Analysts think about PTEN
Analyst Ratings
Majority rating from 19 analysts.
PTEN Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.5B
-4.67%
Net income
$51M
-17.29%
Profit margin
3.39%
-13.08%
PTEN Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$0.40
-
$0.15
$0.15
-
Expected
$0.44
$0.25
$0.19
$0.13
$0.09
Surprise
-9.25%
-
-19.20%
19.47%
-
PTEN News
AllArticlesVideos
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon
Market closedNon-fractional
Upcoming events
Sept
3
Patterson-UTI Energy
Dividend·Ex-dividend
Sept
16
Patterson-UTI Energy
Dividend·Payment
$0.08
Per share
FAQs
What’s the current market cap for Patterson-UTI Energy stock?
Patterson-UTI Energy (PTEN) has a market cap of $4.2B as of July 27, 2024.
What is the P/E ratio for Patterson-UTI Energy stock?
The price to earnings (P/E) ratio for Patterson-UTI Energy (PTEN) stock is 31.88 as of July 27, 2024.
Does Patterson-UTI Energy stock pay dividends?
Yes, the Patterson-UTI Energy (PTEN) stock pays dividends to shareholders. As of July 27, 2024, the dividend rate is $0.32 and the yield is 3.07%. Patterson-UTI Energy has a payout ratio of 105.3% on a trailing twelve-month basis.
When is the next Patterson-UTI Energy dividend payment date?
The next Patterson-UTI Energy (PTEN) dividend payment is scheduled for September 16, 2024.
What is the beta indicator for Patterson-UTI Energy?
Patterson-UTI Energy (PTEN) does not currently have a Beta indicator.
Buy or sell Patterson-UTI Energy stock
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