Patterson-UTI Energy is an oil & gas drilling business based in the US. Patterson-UTI Energy shares (PTEN) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $8.13 – a decrease of 1.57% over the previous week. Patterson-UTI Energy employs 10,600 staff and has a trailing 12-month revenue of around $5.8 billion.
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| Latest market close | $8.13 |
|---|---|
| 52-week range | $7.38 - $12.44 |
| 50-day moving average | $8.07 |
| 200-day moving average | $10.03 |
| Wall St. target price | $11.50 |
| PE ratio | N/A |
| Dividend yield | $0.32 (3.82%) |
| Earnings per share (TTM) | $-2.20 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $8.11 from 2024-11-19
| 1 week (2024-11-14) | -1.82% |
|---|---|
| 1 month (2024-10-21) | 2.66% |
| 3 months (2024-08-21) | -10.98% |
| 6 months (2024-05-21) | -29.29% |
| 1 year (2023-11-21) | -31.96% |
|---|---|
| 2 years (2022-11-21) | -52.05% |
| 3 years (2021-11-19) | 17.52% |
| 5 years (2019-11-21) | 0.97% |
Valuing Patterson-UTI Energy stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Patterson-UTI Energy's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Patterson-UTI Energy's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7785. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Patterson-UTI Energy's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Patterson-UTI Energy's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.4 billion.
The EBITDA is a measure of a Patterson-UTI Energy's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $5.8 billion |
|---|---|
| Operating margin TTM | 1.13% |
| Gross profit TTM | $801 million |
| Return on assets TTM | 2.81% |
| Return on equity TTM | -20.24% |
| Profit margin | -14.73% |
| Book value | $9.14 |
| Market Capitalization | $3.2 billion |
TTM: trailing 12 months
Dividend payout ratio: 213.33% of net profits
Recently Patterson-UTI Energy has paid out, on average, around 200% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Patterson-UTI Energy shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Patterson-UTI Energy's case, that would currently equate to about $0.32 per share.
Patterson-UTI Energy's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Patterson-UTI Energy's most recent dividend payout was on 15 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 1 December 2024 (the "ex-dividend date").
Patterson-UTI Energy's shares were split on a 2:1 basis on 30 June 2004 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Patterson-UTI Energy shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Patterson-UTI Energy shares which in turn could have impacted Patterson-UTI Energy's share price.
Over the last 12 months, Patterson-UTI Energy's shares have ranged in value from as little as $7.375 up to $12.4431. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Patterson-UTI Energy's is 2.132. This would suggest that Patterson-UTI Energy's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Patterson-UTI Energy, Inc. , through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and involved in the power solutions natural gas fueling, and logistics and storage businesses. The Drilling Products segment manufactures and distributes drill bits for energy and mining markets. It also provides software and services, such as MWD Survey FDIR, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir; and rents oilfield tools.
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