WallStreetZenWallStreetZen

NASDAQ: PTEN
Patterson Uti Energy Inc Stock

$10.85+0.03 (+0.28%)
Updated Dec 8, 2023
PTEN Price
$10.85
Fair Value Price
$11.58
Market Cap
$4.53B
52 Week Low
$9.70
52 Week High
$17.86
P/E
8.04x
P/B
0.93x
P/S
1.16x
PEG
0.42x
Dividend Yield
2.95%
Revenue
$3.35B
Earnings
$284.44M
Gross Margin
35.7%
Operating Margin
10.89%
Profit Margin
8.5%
Debt to Equity
0.53
Operating Cash Flow
$856M
Beta
1.49
Next Earnings
Feb 6, 2024
Ex-Dividend
Nov 30, 2023
Next Dividend
Dec 15, 2023

PTEN Overview

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

Zen Score

Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how PTEN scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

PTEN ($10.85) is undervalued by 6.29% relative to our estimate of its Fair Value price of $11.58 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
PTEN ($10.85) is not significantly undervalued (6.29%) relative to our estimate of its Fair Value price of $11.58 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
PTEN ($10.85) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more PTEN due diligence checks available for Premium users.

Be the first to know about important PTEN news, forecast changes, insider trades & much more!

PTEN News

Valuation

PTEN fair value

Fair Value of PTEN stock based on Discounted Cash Flow (DCF)
Price
$10.85
Fair Value
$11.58
Undervalued by
6.29%
PTEN ($10.85) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
PTEN ($10.85) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
PTEN ($10.85) is trading below... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

PTEN price to earnings (PE)

For valuing profitable companies with steady earnings
Company
8.04x
Industry
41.81x
Market
31.32x
PTEN is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
PTEN is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

PTEN price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.93x
Industry
0.94x
PTEN is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

PTEN price to earnings growth (PEG)

For valuing profitable companies with growth potential
PTEN is good value based... subscribe to Premium to read more.
PEG Value Valuation

PTEN's financial health

Profit margin

Revenue
$1.0B
Net Income
$50.0k
Profit Margin
0%
PTEN's Earnings (EBIT) of $364.80M... subscribe to Premium to read more.
Interest Coverage Financials
PTEN's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.4B
Liabilities
$2.6B
Debt to equity
0.53
PTEN's short-term assets ($1.42B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
PTEN's long-term liabilities ($1.52B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
PTEN's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
PTEN's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$156.1M
Investing
-$571.4M
Financing
$330.6M
PTEN's operating cash flow ($856.22M)... subscribe to Premium to read more.
Debt Coverage Financials

PTEN vs Oil & Gas Drilling Stocks

TickerMarket Cap1d %P/EP/B
PTEN$4.53B+0.28%8.04x0.93x
RIG$4.73B+3.54%-3.57x0.46x
HP$3.57B+0.87%8.60x1.29x
SDRL$3.24B+2.11%5.05x1.04x
NE$6.00B+1.67%10.85x1.57x

Patterson Uti Energy Stock FAQ

What is Patterson Uti Energy's quote symbol?

(NASDAQ: PTEN) Patterson Uti Energy trades on the NASDAQ under the ticker symbol PTEN. Patterson Uti Energy stock quotes can also be displayed as NASDAQ: PTEN.

If you're new to stock investing, here's how to buy Patterson Uti Energy stock.

What is the 52 week high and low for Patterson Uti Energy (NASDAQ: PTEN)?

(NASDAQ: PTEN) Patterson Uti Energy's 52-week high was $17.86, and its 52-week low was $9.70. It is currently -39.25% from its 52-week high and 11.86% from its 52-week low.

How much is Patterson Uti Energy stock worth today?

(NASDAQ: PTEN) Patterson Uti Energy currently has 417,283,463 outstanding shares. With Patterson Uti Energy stock trading at $10.85 per share, the total value of Patterson Uti Energy stock (market capitalization) is $4.53B.

Patterson Uti Energy stock was originally listed at a price of $9.67 in Dec 31, 1997. If you had invested in Patterson Uti Energy stock at $9.67, your return over the last 25 years would have been 12.18%, for an annualized return of 0.46% (not including any dividends or dividend reinvestments).

How much is Patterson Uti Energy's stock price per share?

(NASDAQ: PTEN) Patterson Uti Energy stock price per share is $10.85 today (as of Dec 8, 2023).

What is Patterson Uti Energy's Market Cap?

(NASDAQ: PTEN) Patterson Uti Energy's market cap is $4.53B, as of Dec 11, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Patterson Uti Energy's market cap is calculated by multiplying PTEN's current stock price of $10.85 by PTEN's total outstanding shares of 417,283,463.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information 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.