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Patterson-UTI Energy Inc

PTEN | US

11.90

USD

0.39

3.39%

PTEN | US
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About Patterson-UTI Energy Inc

Sector

Energy

Industry

Oil & Gas Drilling

Earnings date

30/06/2024

As of date

08/06/2026

Close

11.90

Open

11.73

High

12.07

Low

11.71

Patterson-UTI Energy Inc. through its subsidiaries provides 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. 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.

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PTEN | US

Risk
46.2
Sharpe
2.40
Luna's Score
64/100
Recommendation
Hold

Luna says (PTEN | US)

What's Working

Positive Momentum

Good Dividend Yield (2% <= Dividend Yield <= 8%)

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Short-term Volatility

Midcap (2B - 10B USD)

Weak P/E, and PEG ratio indicator

High Market Beta (> 0.8)

Weak Operating Margin (< 10%)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

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10 days

55.6%

1 month

46.2%

3 months

55.1%

6 months

48.6%

Returns

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Fundamental Ratios

PE

53.20

Fwd. PE

18.55

Price to book

0.68

Debt to equity

0.29

Debt to assets

0.19

Ent. to EBITDA

3.42

Ent. to rev.

0.80

PEG

0.78

Other Fundamentals

EBITDA

1.38B

MarketCap

4.68B

MarketCap(USD)

4.68B

Div. yield

4.01

Op. margin

4.14

Erngs. growth

-93.10

Rev. growth

77.70

Ret. on equity

3.95

Short ratio

4.35

Short perc.

10.52

Market Sentiment (SMA and Price signals)

Short-term: Bearish (SMA10D < SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

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Range10D

1.74

Range1M

2.12

Range3M

4.26

Volumes: Market Activity

Volume Averages

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Rel. volume

0.83

Price X volume

75.08M

Peers

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Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
CNX Resources CorporationCNXOil & Gas E&P33.485.06B-0.33%12.5256.73%
Baytex Energy CorpBTEOil & Gas E&P4.913.95B3.15%n/a62.33%
Helmerich & Payne IncHPOil & Gas Drilling39.143.87B4.48%10.1219.10%
The St. Joe CompanyJOEReal Estate - General64.713.78B-0.25%48.8863.99%
Comstock Resources IncCRKOil & Gas E&P12.853.76B-1.15%n/a126.99%
SM Energy CompanySMOil & Gas E&P32.373.70B1.19%6.1941.02%
Par Pacific Holdings IncPARROil & Gas E&P57.133.22B2.64%2.30132.99%
International Petroleum CorporationIPCFFOil & Gas E&P26.1023.11B2.16%8.3343.56%
Green Brick Partners IncGRBKReal Estate - General67.943.02B-1.26%11.4822.12%
Gulfport Energy CorporationGPOROil & Gas E&P166.783.02B-0.76%3.6731.77%
  • 1

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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA3.428.45Cheaper
Ent. to Revenue0.802.72Cheaper
PE Ratio53.2017.39Expensive
Price to Book0.6814.18Cheaper
Dividend Yield4.015.63Poor
Std. Deviation (3M)55.1058.57Par
Debt to Equity0.292.20Cheaper
Debt to Assets0.190.32Cheaper
Market Cap4.68B2.31BMarket Leader
  • 1

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