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


Patterson-UTI Energy, Inc. (PTEN)

Today's Latest Price: $3.34 USD

0.16 (-4.57%)

Updated Jul 7 4:00pm

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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; only 4.24% of US stocks have a lower such ratio.
  • Revenue growth over the past 12 months for Patterson Uti Energy Inc comes in at -31.33%, a number that bests only 6.41% of the US stocks we're tracking.
  • Shareholder yield, a measure of how much is returned to shareholders via dividends and share repurchases, for PTEN comes in at 62.7% -- higher than that of 95.22% of stocks in our set.
  • Stocks that are quantitatively similar to PTEN, based on their financial statements, market capitalization, and price volatility, are PDCE, ERF, BRY, EQT, 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 Daily Price Range
PTEN 52-Week Price Range

PTEN Stock Price Chart Technical Analysis Charts


PTEN Price/Volume Stats

Current price $3.34 52-week high $12.05
Prev. close $3.50 52-week low $1.61
Day low $3.33 Volume 4,767,266
Day high $3.54 Avg. volume 6,798,093
50-day MA $3.88 Dividend yield 2.29%
200-day MA $6.37 Market Cap 622.92M

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:
$3.34$198.35802%

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 96th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 5831% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for PTEN, they are:

  • In the past 4.76 years, Patterson Uti Energy Inc has a compound free cash flow growth rate of 1.05%; that's better than 82.43% of cash flow producing equities in the Energy sector, where it is classified.
  • 40% of the company's capital comes from equity, which is greater than merely 21.48% 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 -12.62. This coverage rate is greater than that of only 7.25% 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%5686%
1%5744%
2%5802%
3%5860%
4%5918%
5%5976%

Want more companies with a valuation profile/forecast similar to that of Patterson Uti Energy Inc? See GPP, SNMP, AM, PBFX, and DNR.


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 lower drilling activity for June

Patterson-UTI Energy (PTEN) announced an average of 65 drilling rigs operating for the month of June vs. 80 in May.For the quarter ending June, the Company had an average of 82 drilling rigs operating. PTEN -0.6% premarket to $3.48Source: Press Release...

Seeking Alpha | July 7, 2020

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

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, July 23, 2020, at 9:00 a.m. Central Time to discuss results for the three and six months ended June 30, 2020.

Yahoo | July 2, 2020

Chesapeake Energy's bankruptcy delivers hit to reeling pipeline, service firms

Chesapeake Energy Corp's bankruptcy will pile more pain onto leading energy service and pipeline companies whose revenues were already being slammed during the latest collapse in oil prices, according to energy analysts and corporate filings. Chesapeake, the sixth-largest U.S. natural gas producer, sought protection from creditors on Sunday in U.S. Bankruptcy Court for Southern District of Texas in the biggest oil and gas bankruptcy in five years. Williams Cos, Energy Transfer and Crestwood Equity Partners have contracts with Chesapeake that face rate cuts or rejections in bankruptcy court, said Ryan Smith, a senior director at energy information provider East Daley Capital.

Yahoo | June 29, 2020

Hedge Funds Never Been Less Bullish On Patterson-UTI Energy, Inc. (PTEN)

In this article we will check out the progression of hedge fund sentiment towards Patterson-UTI Energy, Inc. (NASDAQ:PTEN) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]

Yahoo | June 22, 2020

Implied Volatility Surging for Patterson-UTI (PTEN) Stock Options

Investors need to pay close attention to Patterson-UTI (PTEN) stock based on the movements in the options market lately.

Yahoo | June 17, 2020

Read More 'PTEN' Stories Here

PTEN Price Returns

1-mo -42.31%
3-mo 44.66%
6-mo -66.85%
1-year -70.38%
3-year -82.40%
5-year -79.77%
YTD -67.80%
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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