Patterson-UTI Energy ROA 2024

Patterson-UTI Energy ROA

0.03

Patterson-UTI Energy Dividend yield

2.96 %

Ticker

PTEN

ISIN

US7034811015

WKN

905153

In 2024, Patterson-UTI Energy's return on assets (ROA) was 0.03, a -32.55% increase from the 0.05 ROA 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.

ROA Details

Understanding Patterson-UTI Energy's Return on Assets (ROA)

Patterson-UTI Energy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Patterson-UTI Energy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Patterson-UTI Energy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Patterson-UTI Energy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Patterson-UTI Energy Stock

What is the Return on Assets (ROA) of Patterson-UTI Energy this year?

The Return on Assets (ROA) of Patterson-UTI Energy is 0.03 undefined this year.

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

The ROA of Patterson-UTI Energy has increased by -32.55% compared to the previous year.

What consequences do high ROA have for investors of Patterson-UTI Energy?

A high ROA is advantageous for investors of Patterson-UTI Energy, as it indicates that the company efficiently utilizes its assets and generates good profits.

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

A low ROA can be unfavorable for investors of Patterson-UTI Energy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Patterson-UTI Energy affect the company?

An increase in ROA of Patterson-UTI Energy can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Patterson-UTI Energy impact the company?

A reduction in the ROA of Patterson-UTI Energy can be an indicator of lower asset efficiency and profitability.

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

Some factors that can influence the ROA of Patterson-UTI Energy include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Patterson-UTI Energy important for investors?

The ROA of Patterson-UTI Energy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Patterson-UTI Energy take to improve ROA?

To improve ROA, Patterson-UTI Energy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

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.