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Patterson-UTI Energy (PTEN) Competitors

Patterson-UTI Energy logo
$9.25 -0.04 (-0.43%)
Closing price 04:00 PM Eastern
Extended Trading
$9.28 +0.03 (+0.32%)
As of 07:04 PM Eastern
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PTEN vs. HP, NBR, RIG, VAL, HPK, BORR, PDS, AMNI, PAA, and PR

Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Nabors Industries (NBR), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), American Noble Gas (AMNI), Plains All American Pipeline (PAA), and Permian Resources (PR). These companies are all part of the "oils/energy" sector.

Patterson-UTI Energy vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Helmerich & Payne (NYSE:HP) are both mid-cap oils/energy companies, but which is the better investment? We will compare the two businesses based on the strength of their media sentiment, profitability, risk, dividends, institutional ownership, community ranking, earnings, valuation and analyst recommendations.

In the previous week, Helmerich & Payne had 3 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 8 mentions for Helmerich & Payne and 5 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 0.72 beat Helmerich & Payne's score of 0.47 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
3 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helmerich & Payne
1 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Helmerich & Payne has lower revenue, but higher earnings than Patterson-UTI Energy. Patterson-UTI Energy is trading at a lower price-to-earnings ratio than Helmerich & Payne, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B0.87$246.29M-$2.19-4.24
Helmerich & Payne$2.76B1.30$344.17M$3.4410.57

97.9% of Patterson-UTI Energy shares are owned by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are owned by institutional investors. 2.3% of Patterson-UTI Energy shares are owned by company insiders. Comparatively, 4.4% of Helmerich & Payne shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Patterson-UTI Energy received 117 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.30% of users gave Patterson-UTI Energy an outperform vote while only 54.16% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
813
62.30%
Underperform Votes
492
37.70%
Helmerich & PayneOutperform Votes
696
54.16%
Underperform Votes
589
45.84%

Patterson-UTI Energy currently has a consensus target price of $11.63, suggesting a potential upside of 25.13%. Helmerich & Payne has a consensus target price of $39.50, suggesting a potential upside of 8.59%. Given Patterson-UTI Energy's stronger consensus rating and higher possible upside, equities analysts clearly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.77
Helmerich & Payne
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22

Patterson-UTI Energy has a beta of 2.09, suggesting that its stock price is 109% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500.

Helmerich & Payne has a net margin of 12.48% compared to Patterson-UTI Energy's net margin of -14.73%. Helmerich & Payne's return on equity of 12.44% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy-14.73% 3.60% 2.32%
Helmerich & Payne 12.48%12.44%7.38%

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.4%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.7%. Patterson-UTI Energy pays out -14.6% of its earnings in the form of a dividend. Helmerich & Payne pays out 29.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Patterson-UTI Energy is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 11 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PTEN vs. The Competition

MetricPatterson-UTI EnergyDrilling oil & gas wells IndustryEnergy SectorNASDAQ Exchange
Market Cap$3.62B$1.06B$9.26B$9.12B
Dividend Yield3.44%4.00%11.45%4.01%
P/E RatioN/A2.4711.9813.13
Price / Sales0.872.8248.6275.82
Price / Cash3.667.1311.0432.72
Price / Book0.800.684.384.58
Net Income$246.29M-$213.53M$946.90M$224.83M
7 Day Performance3.80%-0.40%2.07%2.37%
1 Month Performance20.96%37.29%11.35%4.40%
1 Year Performance-8.11%-4.36%470.99%20.10%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.332 of 5 stars
$9.25
-0.4%
$11.63
+25.7%
-8.1%$3.61B$4.15B-4.2210,600
HP
Helmerich & Payne
3.8939 of 5 stars
$35.28
+3.0%
$39.57
+12.2%
+9.0%$3.48B$2.76B10.266,200Short Interest ↓
NBR
Nabors Industries
1.9432 of 5 stars
$63.46
+1.2%
$97.00
+52.9%
-12.5%$679.59M$2.93B-3.4512,000Analyst Revision
News Coverage
RIG
Transocean
4.6629 of 5 stars
$4.05
+0.5%
$6.17
+52.3%
-24.1%$3.55B$3.31B-5.405,340
VAL
Valaris
3.348 of 5 stars
$46.28
+1.6%
$64.33
+39.0%
-27.5%$3.29B$2.26B3.185,450
HPK
HighPeak Energy
2.3111 of 5 stars
$14.58
+1.0%
$15.00
+2.9%
+11.5%$1.85B$1.14B11.4830Positive News
BORR
Borr Drilling
3.4019 of 5 stars
$3.83
-3.3%
$9.00
+135.0%
-48.1%$967.39M$968.10M11.612,869Gap Up
PDS
Precision Drilling
3.8623 of 5 stars
$64.10
-1.0%
$112.00
+74.7%
+17.6%$883.30M$1.94B5.423,350
AMNI
American Noble Gas
N/AN/AN/AN/A$2,000.00$120,000.000.003
PAA
Plains All American Pipeline
2.8644 of 5 stars
$18.96
+0.4%
$20.00
+5.5%
+28.4%$13.34B$50.37B16.934,200
PR
Permian Resources
3.5341 of 5 stars
$15.38
+1.6%
$19.06
+23.9%
+21.2%$12.36B$4.83B9.32220

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This page (NASDAQ:PTEN) was last updated on 1/21/2025 by MarketBeat.com Staff
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