Patterson-UTI Energy, Inc. (PTEN)

US — Energy Sector
Peers: NBR  PDS  DO  NE  HP  SDRL  BORR  RIG 

Automate Your Wheel Strategy on PTEN

With Tiblio's Option Bot, you can configure your own wheel strategy including PTEN - and automate your put writes, covered calls, and full wheel strategy. Just connect one of the supported brokerages: tastytrade, Schwab, TradeStation or Tradier and go.

Start Your Free Trial Now

Key Metrics & Ratings

  • symbol PTEN
  • Rev/Share 13.319
  • Book/Share 8.888
  • PB 0.6226
  • Debt/Equity 0.377
  • CurrentRatio 1.61
  • ROIC -0.1911

 

  • MktCap 2130648240.0
  • FreeCF/Share 1.0465
  • PFCF 5.2672
  • PE -2.0953
  • Debt/Assets 0.2241
  • DivYield 0.058
  • ROE -0.2704

 

  • Rating B-
  • Score 2
  • Recommendation Sell
  • P/E Score 1
  • DCF Score 5
  • P/B Score 3
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade PTEN Citigroup Buy Neutral -- $6.5 May 19, 2025
Downgrade PTEN Raymond James Strong Buy Market Perform -- -- Jan. 6, 2025
Upgrade PTEN Goldman Neutral Buy $11 $10 Dec. 13, 2024

News

Patterson-UTI: OPEC Production Increases Create A Blurry Future (Rating Downgrade)
PTEN
Published: May 18, 2025 by: Seeking Alpha
Sentiment: Negative

Patterson-UTI faces margin pressure as declining domestic drilling activity persists amid lower oil prices. PTEN's ability to structure performance-based contracts across multiple service platforms gives the company a leading edge on peers. At the current share price, PTEN generates an attractive free cash flow yield despite the challenging market.

Read More
image for news Patterson-UTI: OPEC Production Increases Create A Blurry Future (Rating Downgrade)
Patterson-UTI (PTEN) Reports Q1 Earnings: What Key Metrics Have to Say
PTEN
Published: May 05, 2025 by: Zacks Investment Research
Sentiment: Positive

The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Read More
image for news Patterson-UTI (PTEN) Reports Q1 Earnings: What Key Metrics Have to Say
Are Investors Undervaluing PattersonUTI Energy (PTEN) Right Now?
PTEN
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Read More
image for news Are Investors Undervaluing PattersonUTI Energy (PTEN) Right Now?
Despite Fast-paced Momentum, Patterson-UTI (PTEN) Is Still a Bargain Stock
PTEN
Published: March 26, 2025 by: Zacks Investment Research
Sentiment: Positive

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Patterson-UTI (PTEN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

Read More
image for news Despite Fast-paced Momentum, Patterson-UTI (PTEN) Is Still a Bargain Stock
3 Oil & Gas Drilling Stocks Navigating a Volatile Market
HP, PTEN, RIG
Published: March 25, 2025 by: Zacks Investment Research
Sentiment: Negative

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, RIG and HP.

Read More
image for news 3 Oil & Gas Drilling Stocks Navigating a Volatile Market
Why Is Patterson-UTI (PTEN) Down 14.7% Since Last Earnings Report?
PTEN
Published: March 07, 2025 by: Zacks Investment Research
Sentiment: Negative

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?

Read More
image for news Why Is Patterson-UTI (PTEN) Down 14.7% Since Last Earnings Report?
Patterson-UTI: High Torque To Increased Natural Gas Activity
PTEN
Published: February 13, 2025 by: Seeking Alpha
Sentiment: Positive

US drilling and completion activity looks to be stable in the near term. In the medium term, additional natural gas focused activity in the Haynesville shale represents a powerful driver for improved margins. LNG exports are expected to ramp by year-end 2025, which should be a catalyst to warrant renewed natural gas related activity.

Read More
image for news Patterson-UTI: High Torque To Increased Natural Gas Activity

About Patterson-UTI Energy, Inc. (PTEN)

  • IPO Date 1993-11-02
  • Website https://www.patenergy.com
  • Industry Oil & Gas Drilling
  • CEO Mr. William Andrew Hendricks Jr.
  • Employees 9200

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.