Market closedNon-fractional
Patterson-UTI Energy/PTEN
13:30
14:25
15:15
16:10
17:00
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
$4B
Market cap
16.70
P/E ratio
$0.60
EPS
2.19
Beta
$0.32
Dividend rate
3.18%
Dividend yield
Price and volume
Market cap
$4B
Beta
2.19
Dividend rate
$0.32
Financial strength
Current ratio
1.477
Quick ratio
1.163
Long term debt to equity
26.786
Total debt to equity
27.911
Dividend payout ratio (TTM)
58.46%
Interest coverage (TTM)
6.76%
Management effectiveness
Return on assets (TTM)
5.11%
Return on equity (TTM)
6.16%
Valuation
Price to earnings (TTM)
16.7
Price to revenue (TTM)
0.68
Price to book
0.86
Price to tangible book (TTM)
1.74
Price to free cash flow (TTM)
8.01
Dividend yield (TTM)
3.18%
Growth
Revenue change (TTM)
66.04%
Earnings per share change (TTM)
-52.91%
3-year revenue growth
74.27%
3-year earnings per share growth
-38.10%
3-year dividend per share growth
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
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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. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for Patterson-UTI Energy stock?
Patterson-UTI Energy (PTEN) has a market cap of $4B as of July 04, 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 16.7 as of July 04, 2024.
Does Patterson-UTI Energy stock pay dividends?
Yes, the Patterson-UTI Energy (PTEN) stock pays dividends to shareholders. As of July 04, 2024, the dividend rate is $0.32 and the yield is 3.18%. Patterson-UTI Energy has a payout ratio of 58.46% on a trailing twelve-month basis.
When is the next Patterson-UTI Energy dividend payment date?
The next Patterson-UTI Energy (PTEN) dividend payment date is unconfirmed.
What is the beta indicator for Patterson-UTI Energy?
Patterson-UTI Energy (PTEN) has a beta rating of 2.19. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell Patterson-UTI Energy stock
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