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Patterson-Uti Energy (PTEN)
NASDAQ:PTEN
Patterson-UTI (PTEN) Stock Price & Analysis
388 Followers
PTEN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.52 - $15.95
Previous Close$11.31
Volume5.64M
Average Volume (3M)6.27M
Market Cap
$4.54B
Enterprise Value$5.70B
Total Cash (Recent Filing)$192.68M
Total Debt (Recent Filing)$1.35B
Price to Earnings (P/E)16.7
Beta1.52
Next Earnings
Jul 25, 2024EPS Estimate
$0.09Next Dividend Ex-Date
Jun 03, 2024Dividend Yield2.83%
Share Statistics
EPS (TTM)0.68
Shares Outstanding401,701,388
10 Day Avg. Volume5,744,920
30 Day Avg. Volume6,272,825
Standard Deviation0.22
R-Squared0.31
Alpha-0.00295
Financial Highlights & Ratios
Price to Book (P/B)1.91
Price to Sales (P/S)1.10
Price to Cash Flow (P/CF)2.50
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.38
Enterprise Value/Gross Profit1.17
Enterprise Value/Ebitda8.14
Forecast
1Y Price Target
$15.50Price Target Upside37.05% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
Patterson-UTI News
PremiumPre-Earnings
Is PTEN a Buy, Before Earnings?
Ownership Overview
3.59% Insiders
31.22% Mutual Funds
52.94% Other Institutional Investors
12.24% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PTEN FAQ
What was Patterson-Uti Energy’s price range in the past 12 months?
Patterson-Uti Energy lowest stock price was $9.52 and its highest was $15.95 in the past 12 months.
What is Patterson-Uti Energy’s market cap?
Currently, no data Available
When is Patterson-Uti Energy’s upcoming earnings report date?
Patterson-Uti Energy’s upcoming earnings report date is Jul 25, 2024 which is in 66 days.
How were Patterson-Uti Energy’s earnings last quarter?
Patterson-Uti Energy released its earnings results on May 01, 2024. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of $0.125 by $0.025.
Is Patterson-Uti Energy overvalued?
According to Wall Street analysts Patterson-Uti Energy’s price is currently Undervalued.
Does Patterson-Uti Energy pay dividends?
Patterson-Uti Energy pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 2.83%. See more information on Patterson-Uti Energy dividends here
What is Patterson-Uti Energy’s EPS estimate?
Patterson-Uti Energy’s EPS estimate is $0.09.
How many shares outstanding does Patterson-Uti Energy have?
Patterson-Uti Energy has 401,701,400 shares outstanding.
What happened to Patterson-Uti Energy’s price movement after its last earnings report?
Patterson-Uti Energy reported an EPS of $0.15 in its last earnings report, beating expectations of $0.125. Following the earnings report the stock price went up 0.857%.
Which hedge fund is a major shareholder of Patterson-Uti Energy?
Among the largest hedge funds holding Patterson-Uti Energy’s share is Blackstone Inc.. It holds Patterson-Uti Energy’s shares valued at 343M.
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Patterson-UTI Stock Smart Score
Neutral
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$15.50 (37.05% Upside)
$15.50 (37.05% Upside)
Blogger Sentiment
Bullish
PTEN Sentiment 100%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 554.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 1.7%
Last 30 Days ▼ 5.0%
Last 30 Days ▼ 5.0%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
9.62%
12-Months-Change
Fundamentals
Return on Equity
6.17%
Trailing 12-Months
Asset Growth
133.68%
Trailing 12-Months
Company Description
Patterson-Uti Energy
Patterson-UTI Energy, Inc. engages in the provision of onshore contract drilling services to major and independent oil and natural gas operators. It operates through the following segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its services to major and independent oil and natural gas operators. The Pressure Pumping Services segment provides pressure pumping services to oil and natural gas operators primarily in Texas and the Appalachian Basin. The Directional Drilling Services segment offers downhole performance motors and equipment to provide services including directional drilling, downhole performance motors, motor rentals, directional surveying, measurement-while-drilling, and wireline steering tools, in most major onshore oil and natural gas basins. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.
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PTEN Earnings Call
Q1 2024
0:00 / 0:00
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PTEN Stock 12 Month Forecast
Average Price Target
$15.50
▲(37.05% Upside)
Technical Analysis
Best Analysts Covering PTEN
1 Year
1 Year Success Rate
7/11 ratings generated profit
1 Year Average Return
+11.65%
reiterated a buy rating 4 months ago
Copying Scott Gruber's trades and holding each position for 1 Year would result in 63.64% of your transactions generating a profit, with an average return of +11.65% per trade.
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