NASDAQ:PTEN Patterson-UTI Energy (PTEN) Stock Price, News & Analysis $8.41 -0.42 (-4.79%) As of 01:14 PM Eastern This is a fair market value price provided by Polygon.io. Learn more. Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Patterson-UTI Energy Stock (NASDAQ:PTEN) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Patterson-UTI Energy alerts:Sign Up Key Stats Today's Range$8.47▼$8.8950-Day Range$7.26▼$9.4552-Week Range$7.15▼$12.65Volume3.93 million shsAverage Volume8.91 million shsMarket Capitalization$3.25 billionP/E RatioN/ADividend Yield3.81%Price Target$11.63Consensus RatingModerate Buy Company OverviewPatterson-UTI Energy, Inc., through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, and cementing; and involved in the power solutions natural gas fueling, and logistics and storage businesses. The Drilling Products segment manufactures and distributes drill bits for energy and mining markets. It also provides software and services, such as MWD Survey FDIR, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; HiFi Guidance, utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir; and rents oilfield tools. The company was founded in 1978 and is headquartered in Houston, Texas.Read More… Patterson-UTI Energy Stock Analysis - MarketRank™See Top-Rated MarketRank™ Stocks84th Percentile Overall ScorePTEN MarketRank™: Patterson-UTI Energy scored higher than 84% of companies evaluated by MarketBeat, and ranked 57th out of 269 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.4 / 5Analyst RatingModerate Buy Consensus RatingPatterson-UTI Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 10 buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoveragePatterson-UTI Energy has only been the subject of 3 research reports in the past 90 days.Read more about Patterson-UTI Energy's stock forecast and price target. Earnings and Valuation1.3 / 5Proj. Earnings GrowthGrowing Earnings GrowthEarnings for Patterson-UTI Energy are expected to grow in the coming year, from ($0.10) to $0.17 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Patterson-UTI Energy is -3.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Patterson-UTI Energy is -3.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPatterson-UTI Energy has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Patterson-UTI Energy's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted6.13% of the outstanding shares of Patterson-UTI Energy have been sold short.Short Interest Ratio / Days to CoverPatterson-UTI Energy has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Patterson-UTI Energy has recently decreased by 2.99%, indicating that investor sentiment is improving. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipPatterson-UTI Energy is a leading dividend payer. It pays a dividend yield of 3.61%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPatterson-UTI Energy does not have a long track record of dividend growth.Dividend SustainabilityBased on EPS estimates, Patterson-UTI Energy will have a dividend payout ratio of 188.24% in the coming year. This indicates that Patterson-UTI Energy may not be able to sustain their current dividend.Read more about Patterson-UTI Energy's dividend. Sustainability and ESG0.0 / 5Environmental Score-6.95 Percentage of Shares Shorted6.13% of the outstanding shares of Patterson-UTI Energy have been sold short.Short Interest Ratio / Days to CoverPatterson-UTI Energy has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Patterson-UTI Energy has recently decreased by 2.99%, indicating that investor sentiment is improving. News and Social Media2.9 / 5News Sentiment1.19 News SentimentPatterson-UTI Energy has a news sentiment score of 1.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.79 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Patterson-UTI Energy this week, compared to 5 articles on an average week.Search Interest13 people have searched for PTEN on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Patterson-UTI Energy to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Patterson-UTI Energy insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,633,500.00 in company stock.Percentage Held by InsidersOnly 2.30% of the stock of Patterson-UTI Energy is held by insiders.Percentage Held by Institutions97.91% of the stock of Patterson-UTI Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Patterson-UTI Energy's insider trading history. Receive PTEN Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Patterson-UTI Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address PTEN Stock News HeadlinesPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Director Sells $2,044,700.00 in StockFebruary 19 at 4:15 AM | insidertrades.comGoldman Sachs Remains a Buy on Patterson-UTI (PTEN)February 13, 2025 | markets.businessinsider.comA deadly mistake in my prediction…I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. February 21, 2025 | Porter & Company (Ad)Patterson-UTI Energy Faces Business Risks Amid New ERP System ImplementationFebruary 13, 2025 | msn.comAnalysts Set Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Price Target at $11.63February 13, 2025 | americanbankingnews.comAtb Cap Markets Issues Positive Outlook for PTEN EarningsFebruary 12, 2025 | americanbankingnews.comPatterson-UTI Energy: Patterson-UTI Reports Drilling Activity for January 2025February 11, 2025 | finanznachrichten.dePatterson-UTI reports average of 106 U.S. drilling rigs operating in JanuaryFebruary 11, 2025 | markets.businessinsider.comSee More Headlines PTEN Stock Analysis - Frequently Asked Questions How have PTEN shares performed this year? Patterson-UTI Energy's stock was trading at $8.26 at the start of the year. Since then, PTEN stock has increased by 1.8% and is now trading at $8.4070. View the best growth stocks for 2025 here. How were Patterson-UTI Energy's earnings last quarter? Patterson-UTI Energy, Inc. (NASDAQ:PTEN) released its quarterly earnings data on Wednesday, May, 1st. The oil and gas company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.13 by $0.02. The oil and gas company earned $1.51 billion during the quarter, compared to analysts' expectations of $1.51 billion. Patterson-UTI Energy had a positive trailing twelve-month return on equity of 0.81% and a negative net margin of 18.00%. Does Patterson-UTI Energy have any subsidiaries? Patterson-UTI Energy subsidiaries include Superior QC, Seventy Seven Energy Inc., Warrior Rig Technologies, TMBR/ Sharp Drilling, Jones Drilling, High Valley Drilling, Wek Drilling, and others. Who are Patterson-UTI Energy's major shareholders? Patterson-UTI Energy's top institutional investors include Vanguard Group Inc. (11.57%), Pacer Advisors Inc. (5.67%), Fuller & Thaler Asset Management Inc. (4.39%) and ARGA Investment Management LP (2.62%). Insiders that own company stock include William Andrew Hendricks Jr, Robert Wayne Drummond Jr, Kenneth N Berns, Charles Andrew Smith, James Michael Holcomb, Seth David Wexler, Tiffany Thom Cepak and James Carl Stewart. View institutional ownership trends. How do I buy shares of Patterson-UTI Energy? Shares of PTEN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. What other stocks do shareholders of Patterson-UTI Energy own? Based on aggregate information from My MarketBeat watchlists, some other companies that Patterson-UTI Energy investors own include Humana (HUM), American Water Works (AWK), Invesco QQQ (QQQ), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR) and TotalEnergies (TTE). Company Calendar Last Earnings5/01/2024Ex-Dividend for 12/16 Dividend12/02/2024Dividend Payable12/16/2024Today2/21/2025Ex-Dividend for 3/17 Dividend3/03/2025Dividend Payable3/17/2025Next Earnings (Estimated)5/07/2025Fiscal Year End12/31/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorOils/Energy Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling Current SymbolNASDAQ:PTEN CUSIP70348110 CIK889900 Webwww.patenergy.com Phone(281) 765-7100Fax281-765-7175Employees9,200Year Founded1978Price Target and Rating Average Stock Price Target$11.63 High Stock Price Target$17.00 Low Stock Price Target$10.00 Potential Upside/Downside+34.6%Consensus RatingModerate Buy Rating Score (0-4)2.77 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)($2.47) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-968,030,000.00 Net Margins-18.00% Pretax Margin-17.79% Return on Equity0.81% Return on Assets0.51% Debt Debt-to-Equity Ratio0.35 Current Ratio1.54 Quick Ratio1.34 Sales & Book Value Annual Sales$5.38 billion Price / Sales0.62 Cash Flow$5.23 per share Price / Cash Flow1.65 Book Value$9.00 per share Price / Book0.96Miscellaneous Outstanding Shares386,390,000Free Float377,503,000Market Cap$3.34 billion OptionableOptionable Beta2.06 Social Links A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. 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