Market closed

Patterson-UTI Energy/$PTEN

14:30

16:10

17:45

19:25

21:00

1D1W1MYTD1Y5YMAX

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 & Services

Headquarters

Houston, United States

Employees

10,600

Website

www.patenergy.com

PTEN Metrics

BasicAdvanced

$3.4B

-

-$2.11

2.13 $0.32

3.69%

Price and volume

Market cap

$3.4B

Beta

2.13

52-week high

$12.65

52-week low

$7.15

Average daily volume

8.7M

Dividend rate

$0.32

Financial strength

Current ratio

1.517

Quick ratio

1.219

Long term debt to equity

35.667

Total debt to equity

36.738

Interest coverage (TTM)

4.12%

Management effectiveness

Return on assets (TTM)

2.80%

Return on equity (TTM)

-20.24%

Valuation

Price to revenue (TTM)

0.605

Price to book

0.95

Price to tangible book (TTM)

1.6

Price to free cash flow (TTM)

6.165

Dividend yield (TTM)

3.69%

Forward dividend yield

3.69%

Growth

Revenue change (TTM)

73.11%

Earnings per share change (TTM)

-271.83%

3-year revenue growth (CAGR)

73.46%

3-year earnings per share growth (CAGR)

-0.12%

3-year dividend per share growth (CAGR)

58.74%

What the Analysts think about PTEN

Analyst Ratings

Analyst ratings (Buy, Hold, Sell) for Patterson-UTI Energy stock.

PTEN Financial Performance

Income Statement

Revenues and expenses

QuarterlyAnnual

Q3 24

QoQ growth

Revenue

$37B

-39.75%

Net income

$45B

107.52%

Profit margin

37.65%

6.78%

PTEN Earnings Performance

Earnings per share (EPS)

Company profitability

QuarterlyAnnual

Q4 23

Q1 24

Q2 24

Q3 24

Q4 24

Actual

$3.69

$2.85

$2.45

$2.42

-

Expected

$3.55

$2.61

$2.05

$2.31

$3.94

Surprise

3.94%

9.20%

19.51%

4.63%

-

PTEN News

AllArticlesVideos

Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast

Accesswire·16 hours ago

Why Goldman Sachs Just Upgraded These 3 Stocks and What It Means

MarketBeat·1 day ago

Patterson-UTI Reports Drilling Activity for December 2024

Accesswire·1 week ago

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. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

Buy $PTEN

$

Capital at risk

Market closed

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 $3.4B as of January 15, 2025.

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 0 as of January 15, 2025.

Does Patterson-UTI Energy stock pay dividends?

Yes, the Patterson-UTI Energy (PTEN) stock pays dividends to shareholders. As of January 15, 2025, the dividend rate is $0.32 and the yield is 3.69%. Patterson-UTI Energy has a payout ratio of 0% 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 2.13. 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.