Patterson-UTI Energy (PTEN) Stock Price
Patterson-UTI Energy Price
Revenue has compounded at 3.4% per year over the past 19 years to 4.83 B USD. Earnings per share have declined at 11.1% per year over the last 17 years. Patterson-UTI Energy's net margin stands at -1.9%, up from -48.2% several years earlier. Patterson-UTI Energy currently offers a dividend yield of about 2.85%. The dividend has grown at 0.7% per year over the past 19 years. Analysts set a median price target of 13.00 USD, implying 15.8% above the current price. Of 22 analysts, 14 rate the stock a buy — an overall Buy consensus.
Patterson-UTI Energy stock price
Patterson-UTI Energy business model & stock analysis
Frequently asked questions about Patterson-UTI Energy
The business model of Patterson-UTI Energy Inc is focused on providing contract drilling services to oil and natural gas exploration and production companies. As a leading provider of drilling and pressure pumping services, Patterson-UTI Energy operates a fleet of high-specification drilling rigs and provides pressure pumping services such as hydraulic fracturing. The company offers its services to customers primarily in the United States and aims to maximize value for its shareholders through efficient drilling operations, innovative technologies, and a commitment to safety, environmental sustainability, and operational excellence.
Patterson-UTI Energy Inc is primarily active in the energy sector, specifically within the oil and natural gas industry.
The main competitors of Patterson-UTI Energy Inc in the market are Schlumberger Limited, Halliburton Company, and Baker Hughes, a GE company.
Patterson-UTI Energy Inc. is an esteemed energy services company founded in 1978. Headquartered in Houston, Texas, it specializes in onshore drilling and hydraulic fracturing. With a long-standing history in the industry, Patterson-UTI Energy Inc. has emerged as a leading provider of drilling services, boasting a vast fleet of technologically advanced drilling rigs. The company's commitment to excellence and safety has earned it a reputable position in the market. Patterson-UTI Energy Inc. strives to deliver efficient and reliable solutions to its clients, contributing significantly to the development of the energy sector.
Patterson-UTI Energy Inc has achieved several significant milestones over the years. The company has successfully provided drilling services and equipment to the oil and natural gas industry since its inception. It expanded its operations through strategic acquisitions, allowing it to enhance its presence and capabilities in key markets. Patterson-UTI has also established a strong track record of operational excellence, delivering high-quality services and maintaining a safe working environment. The company's commitment to technological advancements and innovation has enabled it to stay ahead in the industry. Patterson-UTI Energy Inc has continuously demonstrated its commitment to delivering value to its clients and shareholders while maintaining a strong position among its competitors.
Patterson-UTI Energy Inc primarily operates in the United States, specifically in various regions including Texas, Oklahoma, Louisiana, Pennsylvania, and Colorado.
Patterson-UTI Energy Inc embodies a set of core values and corporate philosophy centered on excellence and integrity. With a strong commitment to delivering safe, reliable, and efficient drilling services for the energy industry, Patterson-UTI strives for operational excellence through advanced technologies and innovation. The company's philosophy revolves around fostering strong customer relationships, maintaining a highly skilled workforce, and upholding the highest standards of safety and environmental stewardship. Patterson-UTI Energy Inc also emphasizes accountability, teamwork, and a results-driven approach to provide value to its shareholders and drive long-term success in the energy sector.
Analysts currently set an average price target of 13.29 USD for the Patterson-UTI Energy stock (median: 13.00 USD), implying +18.3 % versus the latest price. The consensus is based on 22 analyst ratings.
22 analysts currently rate the Patterson-UTI Energy stock: 14 recommend buying, 7 holding and 1 selling. For 2026, analysts expect Patterson-UTI Energy to generate revenue of 4.93 B USD and earnings per share of -0.01 USD.
Converted at the current exchange rate, the Patterson-UTI Energy share trades at 9.98 EUR (11.23 USD).
The Patterson-UTI Energy share (PTEN) is listed on 5 stock exchanges, including: NASDAQ (PTEN), SIX (Zürich) (PE1.SW), Frankfurt (PE1.F), München (PE1.MU), Düsseldorf (PE1.DU).
Patterson-UTI Energy Inc is a company that specializes in providing drilling and fracking services for the oil and gas industry. The company offers a variety of services, including land drilling, hydraulic fracking, and horizontal drilling. The company is divided into four business segments: Drilling, Drilling Technologies, Pressure Pumping, and Oil & Gas. In the Drilling segment, the company offers land drilling, horizontal drilling, and directional drilling. The Drilling Technologies segment involves the development and sale of drilling technology and accessories, such as drill heads, drill inserts, and supports. The Pressure Pumping segment provides fracking services, including the provision of pressure pumps, tanks, and pumping equipment. The Oil & Gas segment is responsible for the exploration and production of oil and gas reserves. Patterson-UTI Energy also provides a variety of products to its customers, including wellbore cleaning services, wellbore measurements and testing, transportation services, and fracking equipment. The company also offers rental equipment and supplies for customers to conduct their oil and gas activities. Patterson-UTI Energy is headquartered in Houston, Texas, and operates in various regions in the United States. The company also has business segments in Canada and the Gulf of Mexico. The company's business model is based on providing effective and efficient drilling and fracking services to the oil and gas market in North America. The company strives to enable successful drilling projects for its customers by offering advanced technology, experienced employees, and an extensive range of services. Patterson-UTI Energy relies on brand-new equipment and continuous maintenance of this equipment to provide its customers with reliable and high-quality service. Through investments in technology and talent, the company is able to adapt to changing market conditions and enhance its competitive position. The company also works closely with its customers to understand their individual needs and offer customized solutions. Customer relationships and a high level of service quality form the foundation of Patterson-UTI Energy's business model. Due to the increasing demand for oil and gas resources in North America, the oil and gas sector remains an important industry, and Patterson-UTI Energy is well positioned to meet the growing demand for drilling and fracking services. The company is committed to operating in a sustainable and responsible manner to meet the needs of its customers and the environment. Overall, Patterson-UTI Energy's business model is focused on providing high-quality drilling and fracking services for the oil and gas sector in North America. The company relies on advanced technology, experience, and customer relationships to strengthen its position as a leading provider of drilling and fracking services in the market.
The expected revenue of Patterson-UTI Energy is 4.93 B USD. This figure is based on current financial data and reflects the company's business performance.
The expected profit of Patterson-UTI Energy is -4.80 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Patterson-UTI Energy is currently -888.01. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Patterson-UTI Energy stock.
The price-to-sales ratio (P/S) of Patterson-UTI Energy is currently 0.86. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Patterson-UTI Energy stock.
The Eulerpool Quality Score for Patterson-UTI Energy is 3/10.
The ISIN of Patterson-UTI Energy is US7034811015. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Patterson-UTI Energy is 905153. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Patterson-UTI Energy is PTEN. The ticker symbol is used to trade Patterson-UTI Energy shares on the stock exchange.
Patterson-UTI Energy stock
Patterson-UTI Energy Peer Group
Patterson-UTI Energy Ticker
Patterson-UTI Energy FIGI
All fundamentals and in-depth analysis of Patterson-UTI Energy
Our stock analysis for Patterson-UTI Energy 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. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.