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Patterson-UTI Energy (PTEN) Competitors

Patterson-UTI Energy logo
$7.68 +0.39 (+5.35%)
(As of 12/20/2024 05:31 PM ET)

PTEN vs. HP, NBR, RIG, VAL, HPK, PDS, BORR, AMNI, PR, and TLN

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), Precision Drilling (PDS), Borr Drilling (BORR), American Noble Gas (AMNI), Permian Resources (PR), and Talen Energy (TLN). 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 superior stock? We will compare the two companies based on the strength of their dividends, earnings, community ranking, risk, valuation, analyst recommendations, profitability, institutional ownership and media sentiment.

In the previous week, Patterson-UTI Energy and Patterson-UTI Energy both had 7 articles in the media. Helmerich & Payne's average media sentiment score of 0.70 beat Patterson-UTI Energy's score of 0.58 indicating that Helmerich & Payne is being referred to more favorably in the news media.

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

Patterson-UTI Energy received 117 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.32% of users gave Patterson-UTI Energy an outperform vote while only 54.17% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
812
62.32%
Underperform Votes
491
37.68%
Helmerich & PayneOutperform Votes
695
54.17%
Underperform Votes
588
45.83%

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%

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$5.80B0.52$246.29M-$2.19-3.51
Helmerich & Payne$2.76B1.09$344.17M$3.448.85

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 4.2%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 3.3%. 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.

Patterson-UTI Energy has a beta of 2.12, meaning that its share price is 112% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.39, meaning that its share price is 39% more volatile than the S&P 500.

Patterson-UTI Energy currently has a consensus price target of $11.71, suggesting a potential upside of 52.45%. Helmerich & Payne has a consensus price target of $38.57, suggesting a potential upside of 26.67%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, equities research analysts plainly 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)
2 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.92
Helmerich & Payne
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33

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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 10 of the 19 factors compared between the two stocks.

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$2.99B$923.63M$8.34B$9.08B
Dividend Yield4.36%4.73%11.73%4.23%
P/E Ratio-3.512.8112.1517.18
Price / Sales0.522.1067.47116.95
Price / Cash3.046.4610.8737.86
Price / Book0.660.563.364.78
Net Income$246.29M-$225.86M$955.68M$225.60M
7 Day Performance-0.52%-5.74%-3.45%-1.23%
1 Month Performance-8.13%-15.83%-5.59%3.36%
1 Year Performance-30.18%-16.09%1.57%16.60%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.2203 of 5 stars
$7.68
+5.3%
$11.71
+52.5%
-30.1%$2.99B$5.80B-3.5110,600Insider Trade
High Trading Volume
HP
Helmerich & Payne
4.4545 of 5 stars
$32.61
-2.9%
$38.57
+18.3%
-17.5%$3.22B$2.76B9.766,200Dividend Announcement
Short Interest ↓
Analyst Revision
NBR
Nabors Industries
3.743 of 5 stars
$60.79
-7.0%
$97.00
+59.6%
-36.5%$651M$2.93B-3.5612,000
RIG
Transocean
4.1155 of 5 stars
$3.73
-3.4%
$6.25
+67.6%
-42.8%$3.27B$3.31B-5.155,800Analyst Upgrade
Analyst Revision
News Coverage
VAL
Valaris
4.1549 of 5 stars
$42.88
-1.6%
$66.00
+53.9%
-38.7%$3.05B$1.78B2.995,985Analyst Forecast
HPK
HighPeak Energy
1.7581 of 5 stars
$14.11
-1.5%
$14.00
-0.8%
+0.0%$1.79B$1.11B11.2830Positive News
PDS
Precision Drilling
3.7182 of 5 stars
$59.30
-1.7%
$112.00
+88.9%
+5.1%$834.35M$1.44B5.105,560
BORR
Borr Drilling
3.2113 of 5 stars
$3.78
+1.3%
$9.00
+138.1%
-50.0%$576.45M$968.10M11.302,869News Coverage
Gap Down
AMNI
American Noble Gas
N/AN/AN/AN/A$2,000.00$120,000.000.003
PR
Permian Resources
4.9026 of 5 stars
$14.19
-3.3%
$18.93
+33.4%
+3.0%$11.40B$3.12B8.90461Analyst Forecast
TLN
Talen Energy
2.5148 of 5 stars
$213.28
+2.8%
$222.40
+4.3%
+223.1%$10.85B$2.55B11.112,118Positive News
Gap Down

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This page (NASDAQ:PTEN) was last updated on 12/21/2024 by MarketBeat.com Staff
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