tradingkey.logo

Patterson-UTI Energy Inc

PTEN
View Detailed Chart
8.660USD
+0.490+6.00%
Close 02/06, 16:00ETQuotes delayed by 15 min
3.28BMarket Cap
LossP/E TTM

Patterson-UTI Energy Inc

8.660
+0.490+6.00%
Intraday
1m
30m
1h
D
W
M
D

Today

+6.00%

5 Days

+15.01%

1 Month

+30.42%

6 Months

+59.19%

Year to Date

+41.73%

1 Year

+3.34%

View Detailed Chart

Key Insights

Patterson-UTI Energy Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 48 out of 97 in the Oil & Gas Related Equipment and Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 7.94.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Patterson-UTI Energy Inc's Score

Industry at a Glance

Industry Ranking
48 / 97
Overall Ranking
160 / 4521
Industry
Oil & Gas Related Equipment and Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Negative

Patterson-UTI Energy Inc Highlights

StrengthsRisks
Patterson-UTI Energy, Inc. is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services. Its Drilling Services segment provides a comprehensive suite of directional drilling services in major producing onshore oil and natural gas basins in the United States, and it provides services that improve the statistical accuracy of wellbore placement for directional and horizontal wells. Its Completion Services segment consists of a well completion business consists of services for hydraulic fracturing, wireline and pumping, completion support, and cementing. Its Drilling Products segment engages in the manufacturing and distribution of drill bits throughout North America. The Company's drilling equipment is used in oil and natural gas exploration and production and in mining operations.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 16.40% year-on-year.
Overvalued
The company’s latest PB is 1.02, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 427.65M shares, decreasing 12.05% quarter-over-quarter.
Held by Frank Sands
Star Investor Frank Sands holds 44.19K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.08.

Analyst Rating

Based on 16 analysts
Hold
Current Rating
7.942
Target Price
-2.79%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Patterson-UTI Energy Inc News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Patterson-UTI Energy Inc Info

Patterson-UTI Energy, Inc. is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services. Its Drilling Services segment provides a comprehensive suite of directional drilling services in major producing onshore oil and natural gas basins in the United States, and it provides services that improve the statistical accuracy of wellbore placement for directional and horizontal wells. Its Completion Services segment consists of a well completion business consists of services for hydraulic fracturing, wireline and pumping, completion support, and cementing. Its Drilling Products segment engages in the manufacturing and distribution of drill bits throughout North America. The Company's drilling equipment is used in oil and natural gas exploration and production and in mining operations.
Ticker SymbolPTEN
CompanyPatterson-UTI Energy Inc
CEOHendricks (William Andrew)
Websitehttps://patenergy.com/
KeyAI