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

Patterson-UTI Energy, Inc. (PTEN): $13.11

0.05 (+0.38%)

POWR Rating

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Industry: Energy - Drilling




#4 of 16

in industry

PTEN Price/Volume Stats

Current price $13.11 52-week high $19.81
Prev. close $13.06 52-week low $9.70
Day low $12.81 Volume 338,265
Day high $13.16 Avg. volume 4,107,225
50-day MA $14.82 Dividend yield 2.2%
200-day MA $13.68 Market Cap 2.73B

PTEN Stock Price Chart Interactive Chart >


  • Momentum is the dimension where PTEN ranks best; there it ranks ahead of 99.08% of US stocks.
  • PTEN's strongest trending metric is Stability; it's been moving up over the last 177 days.
  • PTEN's current lowest rank is in the Sentiment metric (where it is better than 9.42% of US 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; just 6.82% of US stocks have a lower such ratio.
  • In terms of twelve month growth in earnings before interest and taxes, PATTERSON UTI ENERGY INC is reporting a growth rate of -198.98%; that's higher than just 7.27% of US stocks.
  • As for revenue growth, note that PTEN's revenue has grown 56.78% over the past 12 months; that beats the revenue growth of 90.48% of US companies in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to PATTERSON UTI ENERGY INC are MGY, CAKE, ARLP, GREE, and MTDR.
  • Visit PTEN's SEC page to see the company's official filings. To visit the company's web site, go to

PTEN Valuation Summary

  • In comparison to the median Energy stock, PTEN's EV/EBIT ratio is 20% higher, now standing at 9.3.
  • PTEN's EV/EBIT ratio has moved down 53.3 over the prior 243 months.

Below are key valuation metrics over time for PTEN.

Stock Date P/S P/B P/E EV/EBIT
PTEN 2023-09-14 1.1 1.9 9.5 9.3
PTEN 2023-09-13 1.1 1.9 9.5 9.3
PTEN 2023-09-12 1.1 1.9 9.5 9.3
PTEN 2023-09-11 1.0 1.8 9.1 8.9
PTEN 2023-09-08 1.0 1.8 9.0 8.9
PTEN 2023-09-07 1.0 1.8 8.7 8.7

PTEN Growth Metrics

    The year over year cash and equivalents growth rate now stands at -77.46%.
  • Its 2 year net cashflow from operations growth rate is now at -79.42%.
  • Its 4 year revenue growth rate is now at 132.37%.
Over the past 70 months, PTEN's revenue has gone up $1,695,490,000.

The table below shows PTEN's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 2,647.592 566.188 154.658
2022-09-30 2,325.609 307.145 -307.264
2022-06-30 1,955.991 136.316 -451.714
2022-03-31 1,625.527 120.548 -576.909
2021-12-31 1,357.081 95.496 -654.545
2021-09-30 1,111.389 47.171 -399.247

PTEN's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • PTEN has a Quality Grade of C, ranking ahead of 28.69% of graded US stocks.
  • PTEN's asset turnover comes in at 0.354 -- ranking 75th of 137 Petroleum and Natural Gas stocks.
  • WTTR, HAL, and PBF are the stocks whose asset turnover ratios are most correlated with PTEN.

The table below shows PTEN's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.354 0.250 -0.124
2021-06-30 0.295 0.280 -0.127
2021-03-31 0.271 0.323 -0.135
2020-12-31 0.315 0.324 -0.223
2020-09-30 0.362 0.320 -0.203
2020-06-30 0.432 0.308 -0.239

PTEN Price Target

For more insight on analysts targets of PTEN, see our PTEN price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $9.71 Average Broker Recommendation 1.88 (Hold)

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 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.

EVP & CFO Charles Smith Sells 10,000 Shares of Patterson-UTI Energy Inc

On September 27, 2023, Charles Smith, the Executive Vice President and Chief Financial Officer of Patterson-UTI Energy Inc (NASDAQ:PTEN), sold 10,000 shares of the company.

Yahoo | September 30, 2023

Is Patterson-UTI Energy (PTEN) Too Good to Be True? A Comprehensive Analysis of a Potential ...

Understanding the Risks and Rewards of Investing in Patterson-UTI Energy (PTEN)

Yahoo | September 28, 2023

With 53% ownership, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) boasts of strong institutional backing

Key Insights Significantly high institutional ownership implies Patterson-UTI Energy's stock price is sensitive to...

Yahoo | September 28, 2023

Insider Sell: James Holcomb Sells 11,816 Shares of Patterson-UTI Energy Inc

James Holcomb, Chief Business Officer of Patterson-UTI Energy Inc (NASDAQ:PTEN), has recently sold 11,816 shares of the company's stock.

Yahoo | September 16, 2023

Growth Investors: Industry Analysts Just Upgraded Their Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Revenue Forecasts By 36%

Celebrations may be in order for Patterson-UTI Energy, Inc. ( NASDAQ:PTEN ) shareholders, with the analysts delivering...

Yahoo | September 8, 2023

Read More 'PTEN' Stories Here

PTEN Price Returns

1-mo -11.60%
3-mo 8.04%
6-mo 10.62%
1-year 6.55%
3-year 434.19%
5-year -19.35%
YTD -20.65%
2022 101.74%
2021 62.31%
2020 -48.80%
2019 3.07%
2018 -54.64%

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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