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Patterson-UTI Energy Debt 2024

Patterson-UTI Energy Debt

1,103.99 USD

Patterson-UTI Energy Dividend yield

2.96 %

Ticker

PTEN

ISIN

US7034811015

WKN

905153

In 2024, Patterson-UTI Energy's total debt was 1,103.99 USD, a 59.24% change from the 693.3 USD total debt recorded in the previous year.

Patterson-UTI Energy Aktienanalyse

What does Patterson-UTI Energy do?

Patterson-UTI Energy Inc is a US-based company specializing in the oil and gas industry. It was founded in 1978 and is headquartered in Houston, Texas. The company began as a small drilling firm in West Texas and quickly became one of the largest oilfield equipment suppliers in the country. Over the years, the company has expanded its offerings to better serve its customers. Its business model is based on providing onshore drilling and fracking services for oil and gas exploration worldwide. The company operates a fleet of modern drilling and fracking equipment and provides internal technical support to increase efficiency and effectiveness. It is involved in various business segments, including drilling services, fracking services and equipment, and natural gas storage and transportation. The company also offers solutions for natural gas storage and transportation, including underground storage and the use of pipelines. Patterson-UTI Energy Inc has experienced strong growth in recent years, largely due to increased demand for oil and gas services. It has a significant number of customers in the industry who prefer its services. Overall, Patterson-UTI Energy Inc is a leading company in the oil and gas industry, specializing in onshore drilling and fracking services. It offers a wide range of products and services and is a key source of equipment and systems in the industry. With its continuous growth and experience, it is well positioned to continue to be successful and maintain its leading position in the market. Patterson-UTI Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Debt Details

Understanding Patterson-UTI Energy's Debt Structure

Patterson-UTI Energy's total debt refers to the cumulative financial obligations the company owes to external parties. This can include short-term and long-term borrowings, bonds, loans, and other financial instruments. Assessing the company's debt levels is crucial for evaluating its financial health, risk profile, and ability to fund operations and expansions.

Year-to-Year Comparison

Analyzing Patterson-UTI Energy's debt structure over the years provides insights into the firm’s financial strategy and stability. A reduction in debt can indicate financial strength and operational efficiency, while an increase may signal growth investments or potential financial challenges ahead.

Impact on Investments

Investors pay close attention to Patterson-UTI Energy’s debt levels as they can influence the company’s risk and return profiles. Excessive debt can lead to financial strain, while moderate and well-managed debt can be a catalyst for growth and expansion, making it a critical aspect of investment evaluations.

Interpreting Debt Fluctuations

Shifts in Patterson-UTI Energy’s debt levels can be attributed to various operational and strategic factors. An increase in debt might be geared towards funding expansion projects or enhancing operational capacity, while a decrease may indicate profit realizations or an approach to minimize financial risk and leverage.

Frequently Asked Questions about Patterson-UTI Energy Stock

What is the debt of Patterson-UTI Energy this year?

Patterson-UTI Energy has a debt level of 1,103.99 USD this year.

What was the debt of Patterson-UTI Energy compared to the previous year?

The debt of Patterson-UTI Energy has increased by 59.24% compared to the previous year increased.

What are the consequences of high debt for investors in Patterson-UTI Energy?

High debt can pose a risk for investors of Patterson-UTI Energy, as it can weaken the company's financial position and hinder its ability to fulfill its obligations.

What are the consequences of low debt for investors of Patterson-UTI Energy?

Low debt means that Patterson-UTI Energy has a strong financial position and is able to fulfill its obligations without overburdening its finances.

How does an increase in debt from Patterson-UTI Energy affect the company?

An increase in debt of Patterson-UTI Energy can adversely affect the financial condition of the company and result in a higher burden on its finances.

How does a reduction of debt of Patterson-UTI Energy affect the company?

A reduction in debt of Patterson-UTI Energy can strengthen the company's financial position and improve its ability to meet its financial obligations.

What are some factors that influence the debt of Patterson-UTI Energy?

Some factors that can influence the debt of Patterson-UTI Energy include investments, acquisitions, operating costs, and revenue development.

Why are the debts of Patterson-UTI Energy so important for investors?

The debts of Patterson-UTI Energy are important for investors as they serve as an indicator of the company's financial stability. It provides investors with information on how the company fulfills its financial obligations.

What strategic measures can Patterson-UTI Energy take to change the debt?

To change the debt, Patterson-UTI Energy can take measures such as cost savings, increasing revenue, selling assets, making investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic actions to change its debt.

How much dividend does Patterson-UTI Energy pay?

Over the past 12 months, Patterson-UTI Energy paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 2.96 %. For the coming 12 months, Patterson-UTI Energy is expected to pay a dividend of 0.31 USD.

What is the dividend yield of Patterson-UTI Energy?

The current dividend yield of Patterson-UTI Energy is 2.96 %.

When does Patterson-UTI Energy pay dividends?

Patterson-UTI Energy pays a quarterly dividend. This is distributed in the months of October, December, March, July.

How secure is the dividend of Patterson-UTI Energy?

Patterson-UTI Energy paid dividends every year for the past 26 years.

What is the dividend of Patterson-UTI Energy?

For the upcoming 12 months, dividends amounting to 0.31 USD are expected. This corresponds to a dividend yield of 2.89 %.

In which sector is Patterson-UTI Energy located?

Patterson-UTI Energy is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Patterson-UTI Energy kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Patterson-UTI Energy from 6/17/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.

When did Patterson-UTI Energy pay the last dividend?

The last dividend was paid out on 6/17/2024.

What was the dividend of Patterson-UTI Energy in the year 2023?

In the year 2023, Patterson-UTI Energy distributed 0.2 USD as dividends.

In which currency does Patterson-UTI Energy pay out the dividend?

The dividends of Patterson-UTI Energy are distributed in USD.

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Andere Kennzahlen von Patterson-UTI Energy

Our stock analysis for Patterson-UTI Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson-UTI Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.