Patterson-UTI Energy Revenue 2024

Patterson-UTI Energy Revenue

6.03 B USD

Patterson-UTI Energy Dividend yield

2.96 %

Ticker

PTEN

ISIN

US7034811015

WKN

905153

In 2024, Patterson-UTI Energy's sales reached 6.03 B USD, a 45.35% difference from the 4.15 B USD sales recorded in the previous year.

The Patterson-UTI Energy Revenue history

YEARREVENUE (undefined USD)GROSS MARGIN (%)
2029e7.2218,48
2028e7.0219,01
2027e6.8319,54
2026e6.7719,71
2025e6.4220,79
2024e6.0322,15
20234.1532,20
20222.6530,25
20211.3620,27
20201.1228,67
20192.4728,21
20183.3327,79
20172.3627,12
20160.9229,16
20151.8934,84
20143.1833,50
20132.7236,45
20122.7238,76
20112.5739,84
20101.4638,63
20090.7837,45
20082.0641,93
20071.9945,66
20062.3553,57
20051.6248,05
2004132,16

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.

Revenue Details

Understanding Patterson-UTI Energy's Sales Figures

The sales figures of Patterson-UTI Energy originate from the total revenue accrued from goods sold or services provided during a specific time period. These numbers are a direct reflection of the company’s ability to translate its products or services into revenue, indicating the demand and market presence.

Year-to-Year Comparison

Analyzing Patterson-UTI Energy’s yearly sales data offers insights into the company’s growth and stability. An increase in sales suggests a growing demand for its offerings, efficient marketing, or expansion into new markets. Conversely, a decline might indicate market saturation, increased competition, or less effective strategies.

Impact on Investments

Investors often scrutinize Patterson-UTI Energy's sales data to evaluate its financial health and growth prospects. Consistent sales growth can be a promising indicator of the company’s profitability and potential return on investment, influencing stock prices and investor confidence.

Interpreting Sales Fluctuations

Increases in Patterson-UTI Energy’s sales indicate market growth, innovation, or effective marketing, often leading to a surge in stock prices. A decline, however, can signal challenges requiring strategic adjustments to enhance market share and profitability.

Frequently Asked Questions about Patterson-UTI Energy Stock

How much revenue did Patterson-UTI Energy generate this year?

Patterson-UTI Energy has achieved a revenue of 6.03 B USD this year.

How much was the turnover of the company Patterson-UTI Energy compared to the previous year?

The revenue of Patterson-UTI Energy has increased by 45.35% increased compared to the previous year.

What does revenue mean for investors?

The revenue of a company is an important indicator of its financial performance and attractiveness for investors.

Which factors influence the revenue of Patterson-UTI Energy?

The revenue of Patterson-UTI Energy is influenced by various factors, including the demand for its products and services, market conditions, and prices.

How is the revenue of Patterson-UTI Energy measured?

Revenue is typically measured in units referring to the sale of goods and services provided by the company.

How does an increase in sales affect investments?

An increase in revenue can prompt investors to invest more money in the company as it serves as a positive signal for its financial performance and growth prospects.

What are the possible risks associated with a declining revenue?

A decline in revenue can prompt investors to invest less money in the company, as it is a negative signal for its financial performance and growth prospects.

Why is the sales revenue of Patterson-UTI Energy so important for investors?

The revenue of Patterson-UTI Energy is an important indicator of financial performance and attractiveness for investors.

What strategic measures can a company take to increase revenue?

A company can take various strategic measures to increase revenue, including developing new products and services, introducing new pricing models, and expanding into new markets.

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.