Patterson-UTI Energy, Inc. (PTEN): Price and Financial Metrics


Patterson-UTI Energy, Inc. (PTEN)

Today's Latest Price: $2.47 USD

0.18 (-6.79%)

Updated Oct 28 10:41am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 20 in Energy - Drilling

See all "A" rated Strong Buy stocks

PTEN Stock Summary

  • Of note is the ratio of Patterson Uti Energy Inc's sales and general administrative expense to its total operating expenses; merely 4.26% of US stocks have a lower such ratio.
  • Revenue growth over the past 12 months for Patterson Uti Energy Inc comes in at -41.28%, a number that bests only 5.56% of the US stocks we're tracking.
  • Patterson Uti Energy Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 65.41%, greater than the shareholder yield of 95.16% of stocks in our set.
  • Stocks that are quantitatively similar to PTEN, based on their financial statements, market capitalization, and price volatility, are ERF, BRY, PDCE, RRC, and TPRE.
  • Visit PTEN's SEC page to see the company's official filings. To visit the company's web site, go to www.patenergy.com.

PTEN Stock Price Chart Interactive Chart >

Price chart for PTEN

PTEN Price/Volume Stats

Current price $2.47 52-week high $10.95
Prev. close $2.65 52-week low $1.61
Day low $2.44 Volume 646,105
Day high $2.59 Avg. volume 5,670,120
50-day MA $3.17 Dividend yield 3.02%
200-day MA $4.08 Market Cap 462.89M

Patterson-UTI Energy, Inc. (PTEN) Company Bio


Patterson-UTI Energy provides onshore contract drilling and pressure pumping services to exploration and production companies in North America. The company was founded in 1978 and is based in Houston, Texas.

PTEN Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$2.47$152.92 5649%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Patterson Uti Energy Inc. To summarize, we found that Patterson Uti Energy Inc ranked in the 95th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 5677.17% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for PTEN, they are:

  • The compound growth rate in the free cash flow of Patterson Uti Energy Inc over the past 5.01 years is 0.99%; that's better than 85.97% of cash flow producing equities in the Energy sector, where it is classified.
  • 33% of the company's capital comes from equity, which is greater than just 14.96% of stocks in our cash flow based forecasting set.
  • Patterson Uti Energy Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -14.61. This coverage rate is greater than that of just 6.94% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%5536%
1%5593%
2%5649%
3%5705%
4%5762%
5%5818%

For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PTEN, try WTTR, CELP, SOI, USAC, and CPG.


PTEN Latest News Stream


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Latest PTEN News From Around the Web

Below are the latest news stories about Patterson Uti Energy Inc that investors may wish to consider to help them evaluate PTEN as an investment opportunity.

Patterson-UTI reports August drilling activity

Patterson-UTI Energy (PTEN) announced an average of 59 drilling rigs operating for the month of August vs. 60 in July.For the two months ended August 31, 2020, the company had an average of 59 drilling rigs operating.Press release...

Seeking Alpha | September 4, 2020

Did Hedge Funds Make The Right Call On Patterson-UTI Energy, Inc. (PTEN)?

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

Yahoo | July 28, 2020

Patterson-UTI Energy: Near-Term Downside Versus Medium-Term Upside

Drilling Activity To Drop, But Fracking May Stabilize in Q3 Source Patterson-UTI Energy (PTEN) has a couple of difficult quarters ahead, although it can financially withstand the pressure. Low utilization in the post-pandemic energy market will continue to see the company losing rigs in the next four quarters. After reducing...

Badsha Chowdhury on Seeking Alpha | July 27, 2020

Patterson-UTI (PTEN) Incurs Narrower-Than-Expected Q2 Loss

Patterson-UTI's (PTEN) key Contract Drilling segment saw its average rig margin per day improve 10.9% year over year to $11,280 in the second quarter.

Yahoo | July 27, 2020

Patterson-Uti Energy Inc (PTEN) Q2 2020 Earnings Call Transcript

PTEN earnings call for the period ending June 30, 2020.

Yahoo | July 23, 2020

Read More 'PTEN' Stories Here

PTEN Price Returns

1-mo -17.67%
3-mo -37.15%
6-mo -23.48%
1-year -72.53%
3-year -86.92%
5-year -82.33%
YTD -76.06%
2019 3.07%
2018 -54.51%
2017 -14.20%
2016 79.97%
2015 -6.89%

PTEN Dividends

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Continue Researching PTEN

Here are a few links from around the web to help you further your research on Patterson Uti Energy Inc's stock as an investment opportunity:

Patterson Uti Energy Inc (PTEN) Stock Price | Nasdaq
Patterson Uti Energy Inc (PTEN) Stock Quote, History and News - Yahoo Finance
Patterson Uti Energy Inc (PTEN) Stock Price and Basic Information | MarketWatch


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