Summary
10.11 -0.21(-1.99%)06/26/2024
Patterson-UTI Energy Inc (PTEN)
Patterson-UTI Energy Inc (PTEN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -1.99 | 4.62 | -6.15 | -13.11 | -7.83 | -11.32 | -8.44 | 1,329.32 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 10.11 | |
| Open | 10.22 | |
| High | 10.29 | |
| Low | 10.00 | |
| Volume | 855,740 | |
| Change | -0.21 | |
| Change % | -1.99 | |
| Avg Volume (20 Days) | 5,273,227 | |
| Volume/Avg Volume (20 Days) Ratio | 0.16 | |
| 52 Week Range | 9.68 - 16.18 | |
| Price vs 52 Week High | -37.55% | |
| Price vs 52 Week Low | 4.39% | |
| Range | 0.34 | |
| Gap Up/Down | -0.16 | |
Fundamentals | ||
| Market Capitalization (Mln) | 4,142 | |
| EBIDTA | 1,303,289,984 | |
| PE Ratio | 20.1667 | |
| PEG Ratio | 0.4044 | |
| WallStreet Target Price | 15.59 | |
| Book Value | 11.7460 | |
| Earnings Per Share | 0.5400 | |
| EPS Estimate Current Quarter | 0.1300 | |
| EPS Estimate Next Quarter | 0.1400 | |
| EPS Estimate Current Year | 0.5200 | |
| EPS Estimate Next Year | 0.9200 | |
| Diluted EPS (TTM) | 0.5400 | |
| Revenues | ||
| Profit Marging | 0.0407 | |
| Operating Marging (TTM) | 0.0657 | |
| Return on asset (TTM) | 0.0515 | |
| Return on equity (TTM) | 0.0616 | |
| Revenue TTM | 4,865,013,760 | |
| Revenue per share TTM | 14.8090 | |
| Quarterly Revenue Growth (YOY) | 0.9080 | |
| Quarterly Earnings Growth (YOY) | -0.7270 | |
| Gross Profit (TTM) | 801,042,000 | |
| Dividends | ||
| Dividend Share | 0.3200 | |
| Dividend Yield | 0.0294 | |
| Valuations | ||
| Trailing PE | 20.1667 | |
| Forward PE | 17.3611 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 0.8949 | |
| Revenue Enterprise Value | 1.1227 | |
| EBITDA Enterprise Value | 4.5536 | |
| Shares | ||
| Shares Outstanding | 401,700,992 | |
| Shares Float | 364,632,384 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.08 | |
| Insider (%) | 2.21 | |
| Institutions (%) | 97.00 | |
06/06 17:10 EST - accesswire.com
Patterson-UTI Reports Drilling Activity for May 2024
HOUSTON, TX / ACCESSWIRE / June 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2024, the Company had an average of 114 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for May 2024
HOUSTON, TX / ACCESSWIRE / June 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2024, the Company had an average of 114 drilling rigs operating in the United States.
05/16 09:05 EST - zacks.com
Patterson-UTI (PTEN) Teams Up With ADNOC Drilling in the UAE
Patterson-UTI's (PTEN) subsidiary, Patterson-UTI International Holdings, Inc., partners with ADNOC Drilling for a UAE project, enhancing oilfield operations with U.S. shale expertise and strategic growth.
Patterson-UTI (PTEN) Teams Up With ADNOC Drilling in the UAE
Patterson-UTI's (PTEN) subsidiary, Patterson-UTI International Holdings, Inc., partners with ADNOC Drilling for a UAE project, enhancing oilfield operations with U.S. shale expertise and strategic growth.
05/13 01:01 EST - accesswire.com
Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAE
HOUSTON, TX / ACCESSWIRE / May 13, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi.
Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAE
HOUSTON, TX / ACCESSWIRE / May 13, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi.
05/06 17:55 EST - accesswire.com
Patterson-UTI Reports Drilling Activity for April 2024
HOUSTON, TX / ACCESSWIRE / May 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2024, the Company had an average of 116 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for April 2024
HOUSTON, TX / ACCESSWIRE / May 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2024, the Company had an average of 116 drilling rigs operating in the United States.
05/03 08:46 EST - zacks.com
Patterson-UTI (PTEN) Q1 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) expects Completion Services revenues of $860 million for the second quarter, with direct operating costs of $690 million and adjusted gross profit of $170 million.
Patterson-UTI (PTEN) Q1 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) expects Completion Services revenues of $860 million for the second quarter, with direct operating costs of $690 million and adjusted gross profit of $170 million.
05/02 15:28 EST - seekingalpha.com
Patterson-UTI Energy, Inc. (PTEN) Q1 2024 Earnings Call Transcript
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Mike Sabella - VP, IR Andy Hendricks - President, CEO & Director Andy Smith - CFO & EVP Conference Call Participants Luke Lemoine - Piper Sandler Jim Rollyson - Raymond James Scott Gruber - Citigroup Alexa Petrick - Goldman Sachs Derek Podhaizer - Barclays Capital Arun Jayaram - JPMorgan Stephen Gengaro - Stifel Saurabh Pant - Bank of America Merrill Lynch Waqar Syed - ATB Capital Markets Keith MacKey - RBC Capital Markets John Daniel - Daniel Energy Partners Operator Ladies and gentlemen, welcome to the Patterson UTI First Quarter 2024 conference call. [Operator Instructions].
Patterson-UTI Energy, Inc. (PTEN) Q1 2024 Earnings Call Transcript
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Mike Sabella - VP, IR Andy Hendricks - President, CEO & Director Andy Smith - CFO & EVP Conference Call Participants Luke Lemoine - Piper Sandler Jim Rollyson - Raymond James Scott Gruber - Citigroup Alexa Petrick - Goldman Sachs Derek Podhaizer - Barclays Capital Arun Jayaram - JPMorgan Stephen Gengaro - Stifel Saurabh Pant - Bank of America Merrill Lynch Waqar Syed - ATB Capital Markets Keith MacKey - RBC Capital Markets John Daniel - Daniel Energy Partners Operator Ladies and gentlemen, welcome to the Patterson UTI First Quarter 2024 conference call. [Operator Instructions].
05/01 19:00 EST - accesswire.com
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2024
HOUSTON, TX / ACCESSWIRE / May 1, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2024.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2024
HOUSTON, TX / ACCESSWIRE / May 1, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2024.
04/24 11:06 EST - zacks.com
Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
04/08 18:30 EST - accesswire.com
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / April 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, May 2, 2024, at 9:00 a.m.
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
HOUSTON, TX / ACCESSWIRE / April 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, May 2, 2024, at 9:00 a.m.
04/08 09:56 EST - zacks.com
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
04/03 16:45 EST - accesswire.com
Patterson-UTI Reports Drilling Activity for March 2024
HOUSTON, TX / ACCESSWIRE / April 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2024, the Company had an average of 120 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for March 2024
HOUSTON, TX / ACCESSWIRE / April 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2024, the Company had an average of 120 drilling rigs operating in the United States.
04/03 13:55 EST - investorplace.com
Backing Fracking: 3 Shale Stocks to Buy Before the 2024 Election
A hot topic for energy production, hydraulic fracturing, or fracking, extracts oil and gas by injecting high-pressure fluids underground. For the U.S. this has boosted domestic energy production potential but has also sparked environmentalist concerns.
Backing Fracking: 3 Shale Stocks to Buy Before the 2024 Election
A hot topic for energy production, hydraulic fracturing, or fracking, extracts oil and gas by injecting high-pressure fluids underground. For the U.S. this has boosted domestic energy production potential but has also sparked environmentalist concerns.
03/19 06:30 EST - investorplace.com
3 High-Risk, High-Reward Stocks Worth Betting On for Under $20
Most long-term compounders start as high-risk, high-reward stocks under $20. Their low-priced stocks grow into significant values through sustainable long-term growth and returns on invested capital.
3 High-Risk, High-Reward Stocks Worth Betting On for Under $20
Most long-term compounders start as high-risk, high-reward stocks under $20. Their low-priced stocks grow into significant values through sustainable long-term growth and returns on invested capital.
03/04 18:45 EST - accesswire.com
Patterson-UTI Reports Drilling Activity for February 2024
HOUSTON, TX / ACCESSWIRE / March 4, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2024, the Company had an average of 122 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for February 2024
HOUSTON, TX / ACCESSWIRE / March 4, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2024, the Company had an average of 122 drilling rigs operating in the United States.
02/15 09:41 EST - zacks.com
Patterson-UTI (PTEN) Q4 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) plans to spend $740 million on capital expenditures in 2024. The company expects an effective tax rate of 24% and annual cash taxes of $35-$45 million for the year.
Patterson-UTI (PTEN) Q4 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) plans to spend $740 million on capital expenditures in 2024. The company expects an effective tax rate of 24% and annual cash taxes of $35-$45 million for the year.
02/14 21:31 EST - zacks.com
Patterson-UTI (PTEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Patterson-UTI (PTEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
02/14 20:51 EST - zacks.com
Patterson-UTI (PTEN) Q4 Earnings and Revenues Top Estimates
Patterson-UTI (PTEN) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.46 per share a year ago.
Patterson-UTI (PTEN) Q4 Earnings and Revenues Top Estimates
Patterson-UTI (PTEN) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.46 per share a year ago.
02/14 18:30 EST - accesswire.com
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2023
HOUSTON, TX / ACCESSWIRE / February 14, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2023.
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2023
HOUSTON, TX / ACCESSWIRE / February 14, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2023.
02/07 11:06 EST - zacks.com
Earnings Preview: Patterson-UTI (PTEN) Q4 Earnings Expected to Decline
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earnings Preview: Patterson-UTI (PTEN) Q4 Earnings Expected to Decline
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
02/05 18:00 EST - accesswire.com
Patterson-UTI Reports Drilling Activity for January 2024
HOUSTON, TX / ACCESSWIRE / February 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2024, the Company had an average of 122 drilling rigs operating in the United States.
Patterson-UTI Reports Drilling Activity for January 2024
HOUSTON, TX / ACCESSWIRE / February 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2024, the Company had an average of 122 drilling rigs operating in the United States.