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Patterson-UTI Energy (PTEN) Competitors

Patterson-UTI Energy logo
$8.13 +0.02 (+0.25%)
(As of 11/20/2024 ET)

PTEN vs. HP, OMP, NBR, RIG, VAL, HPK, PDS, AMNI, BORR, and PAA

Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Oasis Midstream Partners (OMP), Nabors Industries (NBR), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Precision Drilling (PDS), American Noble Gas (AMNI), Borr Drilling (BORR), and Plains All American Pipeline (PAA). 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 contrast the two businesses based on the strength of their earnings, institutional ownership, valuation, risk, media sentiment, dividends, community ranking, profitability and analyst recommendations.

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$4.15B0.76$246.29M-$2.19-3.71
Helmerich & Payne$2.76B1.21$344.17M$3.449.81

Patterson-UTI Energy received 116 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.29% of users gave Patterson-UTI Energy an outperform vote while only 54.21% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
811
62.29%
Underperform Votes
491
37.71%
Helmerich & PayneOutperform Votes
695
54.21%
Underperform Votes
587
45.79%

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%

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

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.9%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 3.0%. 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 presently has a consensus target price of $11.88, indicating a potential upside of 46.06%. Helmerich & Payne has a consensus target price of $38.57, indicating a potential upside of 14.35%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, 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)
3 Hold rating(s)
9 Buy rating(s)
1 Strong Buy rating(s)
2.85
Helmerich & Payne
1 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.33

In the previous week, Helmerich & Payne had 24 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 28 mentions for Helmerich & Payne and 4 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 1.26 beat Helmerich & Payne's score of 0.07 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)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helmerich & Payne
8 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
5 Negative mention(s)
1 Very Negative mention(s)
Neutral

Patterson-UTI Energy has a beta of 2.12, suggesting that its stock price is 112% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.4, suggesting that its stock price is 40% more volatile than the S&P 500.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 11 of the 20 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$3.16B$1.04B$8.46B$8.89B
Dividend Yield3.95%4.24%11.48%4.07%
P/E Ratio-3.712.8014.9112.93
Price / Sales0.762.58127.4888.33
Price / Cash3.206.8411.4436.25
Price / Book0.890.663.286.25
Net Income$246.29M-$225.86M$952.17M$225.93M
7 Day Performance-1.57%2.60%0.36%-1.32%
1 Month Performance2.91%2.44%2.03%0.60%
1 Year Performance-31.80%-6.99%402.52%26.23%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PTEN
Patterson-UTI Energy
4.2577 of 5 stars
$8.13
+0.2%
$11.88
+46.1%
-32.4%$3.16B$4.15B-3.7110,600Analyst Revision
Positive News
HP
Helmerich & Payne
4.0973 of 5 stars
$33.73
+1.0%
$38.57
+14.4%
-12.3%$3.33B$2.76B9.816,200Ex-Dividend
Analyst Forecast
Analyst Revision
OMP
Oasis Midstream Partners
N/A$23.86
flat
N/AN/A$1.16B$347.86M6.252,020
NBR
Nabors Industries
2.5639 of 5 stars
$72.54
-0.4%
$97.00
+33.7%
-23.6%$695.47M$3.05B0.0012,000
RIG
Transocean
4.2053 of 5 stars
$4.24
+1.0%
$6.63
+56.4%
-33.7%$3.70B$3.31B-5.655,800
VAL
Valaris
4.1057 of 5 stars
$47.19
+1.7%
$80.00
+69.5%
-29.8%$3.30B$1.78B3.245,985Positive News
HPK
HighPeak Energy
1.7371 of 5 stars
$15.08
+2.8%
$14.00
-7.2%
-7.9%$1.86B$1.11B11.8730
PDS
Precision Drilling
4.2664 of 5 stars
$65.14
+3.8%
$112.00
+71.9%
+10.8%$882.88M$1.44B5.515,560
AMNI
American Noble Gas
N/AN/AN/AN/A$30,000.00$120,000.000.003High Trading Volume
BORR
Borr Drilling
3.4734 of 5 stars
$3.87
-1.8%
$9.00
+132.9%
-38.7%$0.00$771.60M11.712,869
PAA
Plains All American Pipeline
1.7734 of 5 stars
$17.56
+0.7%
$19.82
+12.9%
+13.1%$12.26B$48.71B11.544,200

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This page (NASDAQ:PTEN) was last updated on 11/21/2024 by MarketBeat.com Staff
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