US stock · Energy sector · Oil & Gas Drilling
Company Logo

Patterson-UTI Energy, Inc.

PTENNASDAQ

10.55

USD
-0.48
(-4.39%)
Market Open
8.27P/E
6Forward P/E
0.34P/E to S&P500
2.198BMarket CAP
2.17%Div Yield

Patterson-UTI Energy, Inc.

NASDAQ:PTEN

RECENT
PRICE

10.55

P/E
RATIO

8.27

(PEG:0.07)

P/E RATIO
RELATIVE
TO S&P

0.34

DIV
YLD

1.68%

High:
Low:

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

0
0

Legends

Stock price

2.29 Beta (1.0 Market)

0

0

0

0

0

0

0

0

0

-

% total return 06/23:

Stock

S&P

1y.

0

0

3y.

0

0

5y.

0

0

0

Percent shares traded:

0

0

0

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

TTM

Fiscal year

13.66

2.83

1.32

0.44

14.40

2.26

1.47

0.61

5.14

(0.25)

0.01

0.20

9.58

0.77

(1.39)

0.20

16.68

2.10

(0.93)

0.20

18.02

1.98

0.21

0.20

18.81

1.30

1.57

0.20

22.09

1.13

(2.25)

0.40

13.01

(2.03)

1.76

0.40

6.27

(2.18)

1.27

0.16

11.88

0.03

(1.34)

0.08

15.22

(1.47)

0.41

0.14

12.17

(2.10)

1.72

0.16

5.98

(4.27)

0.71

0.10

7.22

(3.48)

(0.38)

0.08

12.26

0.72

0.60

0.20

13.62

1.31

1.43

0.24

Revenue per share

Earnings per share

Free Cash Flow per sh

Dividends per share

3.93

12.25

2.93

13.87

2.98

13.69

4.83

14.32

6.57

16.36

6.44

17.47

4.59

19.09

7.30

20.17

5.11

17.61

0.82

15.38

2.86

20.07

2.93

16.03

1.71

13.96

0.77

10.72

0.88

8.56

2.02

7.71

2.14

7.61

CAPEX per share

Book Value per share

155

153

152

153

154

151

144

144

145

146

198

219

203

188

188

216

215

Comm.Shares outs.(m)

8.1

0.5

1.9%

10.2

0.5

2.6%

(52.2)

(0.7)

1.5%

21.3

1.0

1.2%

12.1

0.7

0.8%

8.5

0.6

1.2%

16.9

1.0

0.9%

25.6

1.4

1.4%

(8.5)

(0.4)

2.3%

(9.0)

(0.4)

0.8%

740.1

31.4

0.4%

(12.4)

(0.5)

0.8%

(5.3)

(0.2)

1.4%

(1.1)

(0.0)

2.2%

(2.3)

(0.1)

1.0%

21.2

1.0

1.3%

8.3

0.3

1.7%

Avg. annual P/E ratio

P/E relative to S&P500

Avg. annual div. yield

Capital Structure (31/3/23 | Q1)

Total liabilities
$1,419 m.

Total assets
$3,092 m.

Long-term debt
$841 m.

Cash and equiv.
$157 m.

Goodwill - -

Retained earnings $(5) m.

Common stock 212 m. shares

Market Capitalisation
$2,299 m. (as of 5/6/23)

2,723

18.3%

2,716

11.9%

3,182

8.9%

1,891

(21.5)%

916

(49.8)%

2,357

(12.4)%

3,327

(9.7)%

2,471

(18.7)%

1,124

(79.4)%

1,357

(49.9)%

2,648

8.0%

2,930

(1.4)%

Revenue (m)

Operating margin

- -

299

- -

188

- -

163

- -

(294)

- -

(319)

- -

6

- -

(321)

- -

(426)

671

(804)

849

(655)

484

155

498

283

Depreciation (m)

Net profit (m)

37.0%

11.0%

36.6%

6.9%

36.0%

5.1%

33.4%

(15.6)%

35.8%

(34.8)%

101.8%

0.3%

12.5%

(9.7)%

19.7%

(17.2)%

13.7%

(71.5)%

8.7%

(48.2)%

7.9%

5.8%

8.9%

9.3%

Income tax rate

Net profit margin

340

693

2,641

454

683

2,756

341

973

2,906

178

791

2,561

19

598

2,249

201

867

3,982

424

1,119

3,505

231

967

2,834

204

921

2,016

148

870

1,609

278

851

1,666

293

841

1,673

Working capital (m)

Long-term debt (m)

Equity (m)

7.5%

10.9%

11.3%

4.8%

6.9%

6.8%

3.8%

5.3%

5.6%

(6.4)%

(9.0)%

(11.5)%

(8.3)%

(12.0)%

(14.2)%

0.1%

(5.0)%

0.1%

(5.6)%

(5.8)%

(9.2)%

(9.0)%

(10.3)%

(15.0)%

(25.4)%

(27.0)%

(39.9)%

(24.4)%

(22.8)%

(40.7)%

7.4%

6.6%

9.3%

(0.5)%

(0.5)%

16.9%

ROIC

Return on capital

Return on equity

Working Capital

2020

2021

2022

Cash assets

225

118

138

Receivables

165

356

566

Inventory

33

42

58

Other

55

68

68

Current assets

478

584

829

Acc. Payable

92

190

237

Debt due

7

7

5

Other

175

239

309

Current liab.

274

436

551

89.9%

639.8%

84.5%

45.3%

64.2%

(22.2)%

120.0%

- -

107.4%

- -

(176.1)%

168.4%

109.5%

- -

107.6%

- -

102.3%

- -

102.4%

- -

72.1%

87.5%

81.8%

63.5%

Plowback ratio

Div.&Repurch. to FCF

Patterson-UTI Energy, Inc. (US) started trading on November 2, 1993 (cik: 0000889900), operates in the Energy sector (Oil & Gas Drilling industry), has 6,500 full-time employees, and is led by Mr. William Andrew Hendricks Jr.. Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

Annual rates

(avg rate of change)

Past
5 y.

Past
10 y.

Revenues

8.89%

17.68%

Cash flow

-51.67%

-114.83%

Earnings

-5.24%

-660.86%

Dividends

30.77%

24.55%

Book value

-16.18%

-2.02%

Insider trading

Type

Shares

Date

Wexler Seth David

Award

154,800

05/05/23

Wexler Seth David

InKind

60,914

05/05/23

Wexler Seth David

Award

62,400

05/05/23

Smith Charles Andrew

Award

219,200

05/05/23

Smith Charles Andrew

InKind

92,832

05/05/23

Fiscal Year Ends

Quarterly Revenue (m)

Full fiscal year

I

II

III

IV

2021

241

292

358

466

1,357

2022

509

622

728

788

2,648

2023

792

- -

- -

- -

- -

Fiscal Year Ends

Earnings per share

Full fiscal year

I

II

III

IV

2021

(0.57)

(0.55)

(0.44)

(1.94)

-3.49

2022

(0.13)

0.10

0.28

0.46

0.72

2023

0.47

- -

- -

- -

- -

Fiscal Year Ends

Quarterly dividends paid

Full fiscal year

I

II

III

IV

2021

0.02

0.02

0.02

0.02

0.08

2022

0.04

0.04

0.04

0.08

0.20

2023

0.08

- -

- -

- -

- -