How to Buy Patterson Uti Energy Stock
Patterson Uti Energy Inc
Patterson-UTI Energy, Inc. , through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally.
Patterson Uti Energy stock last closed at $5.95, down 1% from the previous day, and has decreased 47.16% in one year. It has overperformed other stocks in the Oil & Gas Drilling industry by 0.02 percentage points. Patterson Uti Energy stock is currently +16.21% from its 52-week low of $5.12, and -49.12% from its 52-week high of $11.70.
At the moment, there are 385.99M PTEN shares outstanding. The market value of PTEN is $2.30B. In the last 24 hours, 14.73M PTEN shares were traded.
How to Buy Patterson Uti Energy Stock
Wondering how to invest in Patterson Uti Energy stock? Here's how.
- Figure out where to buy Patterson Uti Energy stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Patterson Uti Energy stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your method of payment and add your info.
- Analyze Patterson Uti Energy stock: The Patterson Uti Energy ticker symbol is PTEN. Is Patterson Uti Energy stock a good investment? Should you buy shares of PTEN? How do PTEN's underlying business fundamentals look? Do top analysts think Patterson Uti Energy is a good buy? Why has PTEN's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if PTEN is a good stock to buy).
- Make your PTEN trade: Decide if you will purchase PTEN shares at the current market price or use a limit order to purchase PTEN stock at a specific price.
- Keep an eye on your PTEN position: Create a watchlist to the latest updates on your position in Patterson Uti Energy shares.
Step 1: Figure out where to buy Patterson Uti Energy stock
You will need an online brokerage account in order to access the NASDAQ market and buy PTEN shares.
Our favorite brokerage: eToro
Based on our experience, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to global financial markets: From Technology to Industrials, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of stock by opening an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, it's time to fill out some personal info so you are able to buy PTEN stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to open your new trading account.
- Send your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best investment app, you need to deposit funds:
Watch the tutorial below if you need help transferring money into your new investment account.
Step 4: Analyze Patterson Uti Energy stock
Once you have identified the best place to buy Patterson Uti Energy stock, it's important to evaluate their stock before you buy, so you actually wrap your head around the risk as well as the upside.
Patterson Uti Energy quick stats
Patterson Uti Energy Overview
WallStreetZen was built to help everyday investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on PTEN's stock page.
Is PTEN stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge PTEN's intrinsic value.
Using relative valuations metrics:
- PTEN could be overvalued based on its P/B ratio of 0.67x, relative to Oil & Gas Drilling industry P/B ratio of 0.53x
You can do more valuation analysis on PTEN's stock here.
Is PTEN a healthy company?
Passed Financial Due Diligence Checks:
- PTEN's operating cash flow of $1.02B allows it to safely service it's debt of $1.29B.
- There are more short-term assets than short-term liabilities on the PTEN balance sheet.
Failed Financial Due Diligence Checks:
- PTEN profit margin has gone down from 4.1% to -19.8% in the past year.
- Total PTEN debt is higher than 5 years ago, relative to shareholder equity.
- PTEN has a relatively high debt to equity ratio of 0.68.
- There are more long-term liabilities than short-term assets on the PTEN balance sheet.
- PTEN earnings of -$956.09M is not enough to cover its interest payments.
Is it a good time to buy PTEN stock, according to Wall Street analysts?
Out of 6 Equities analysts who give forecasts on PTEN, the consensus analyst rating on PTEN is a Strong Buy
Please note that analyst forecasts are not stock recommendations, nor are they investment advice.
Most Recent PTEN Analyst Recommendations
Scott Gruber, a bottom 18% analyst from Citigroup maintains PTEN with a strong buy rating and lowers their PTEN price target from $11.00 to $10.00, on Oct 31, 2024.
You can dig deeper into what analysts are projecting on the Patterson Uti Energy stock forecast page.
PTEN Trading Indicators
Is PTEN Making Money?
Last year, PTEN revenue was $5.15B. In the past five year, PTEN's revenue has gone up by 18.4% per year. This was slower than the Oil & Gas Drilling industry average of 39.89%.
Dive into PTEN's earnings and revenue performance here.
Who is buying/selling PTEN?
Over the past 12 months, executives and large shareholders at PTEN have sold more shares than they have bought.
William Andrew Hendricks Jr., President CEO of PTEN, was the latest PTEN insider to buy. They bought $197,000.00 worth of PTEN stock on Mar 12, 2025.
Get more info about who owns PTEN stock here.
Does PTEN provide a stable income stream?
Patterson Uti Energy pays a dividend of 5.38%, compared to the Oil & Gas Drilling industry's average dividend yield of 5.11%. If you owned $1,000 of PTEN stock, you would have received $53.78 last year.
Patterson Uti Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Patterson Uti Energy dividend yield and history here.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your PTEN trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular price limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional info about buying stocks on eToro, click the helpful video below:
Step 6: Keep an eye on your PTEN position
Now that you own some shares in PTEN, you'll want to keep up with your new company.
Make a watchlist to see the latest developments about your PTEN stock.
PTEN Feed
How to Buy Stock in Patterson Uti Energy
To reiterate, here are the 6 steps for buying Patterson Uti Energy stock:
- Figure out where to buy Patterson Uti Energy stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Patterson Uti Energy stock
- Make your PTEN trade
- Keep an eye on your PTEN position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to monitor your investment in Patterson Uti Energy, create a watchlist today.
Trending "How To" Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.