Patterson-UTI Energy, Inc.
PTEN
NASDAQ10.55
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
- -
- -
- -
- -