Stock Events

Patterson-UTI Energy 

$10.12
54
-$0.06-0.64% Today

Statistics

Day High
-
Day Low
-
52W High
15.62
52W Low
9.51
Volume
1,959,288
Avg. Volume
7,155,331
Mkt Cap
4.06B
P/E Ratio
16.8
Dividend Yield
3.14%
Dividend
0.32

Upcoming

Dividends

3.14%Dividend Yield
10Y Growth
-2.21%
5Y Growth
14.87%
3Y Growth
58.74%
1Y Growth
N/A

Earnings

1MayConfirmed
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Q1 2024
0.12
0.23
0.35
0.46
Expected EPS
0.12
Actual EPS
0.15

People Also Follow

This list is based on the watchlists of people on Stock Events who follow PTEN. It's not an investment recommendation.

Competitors

This list is an analysis based on recent market events. It's not an investment recommendation.
Helmerich & Payne
HP
Mkt Cap3.77B
Helmerich & Payne provides similar land drilling services, directly competing in the same market as Patterson-UTI Energy.
Nabors Industries
NBR
Mkt Cap878.38M
Nabors Industries operates one of the largest drilling rig fleets, offering strong competition in onshore drilling services.
Patterson-UTI Energy
PTEN
Mkt Cap4.17B
Precision Drilling Corporation is a direct competitor in the provision of contract drilling and related services, operating in similar regions.
Transocean
RIG
Mkt Cap4.96B
Transocean is more focused on offshore drilling but competes for contracts and resources in the broader oil drilling industry.
Schlumberger
SLB
Mkt Cap71B
Schlumberger is a leading provider of technology for reservoir characterization, drilling, production, and processing to the oil and gas industry, competing in service offerings.
Halliburton
HAL
Mkt Cap30.45B
Halliburton offers products and services to the energy industry, including drilling services, competing in overlapping market segments.
Baker Hughes
BKR
Mkt Cap35.86B
Baker Hughes operates in the oilfield services sector, offering products and services that compete with Patterson-UTI's offerings.
NOV
NOV
Mkt Cap7.5B
National Oilwell Varco provides equipment and components used in oil and gas drilling and production operations, competing in the supply chain.
TechnipFMC
FTI
Mkt Cap12.13B
TechnipFMC provides technology solutions for the energy industry, including drilling services, competing in innovation and service delivery.
Precision Drilling
PDS
Mkt Cap1.02B
Precision Drilling is a provider of drilling services and technology solutions, directly competing in the North American market.

Analyst Ratings

14.5$Average Price Target
The highest estimate is $17.
From 8 ratings within the last 6 months. This is not an investment recommendation.
Buy
88%
Hold
13%
Sell
0%

About

Industrial Services
Contract Drilling
Mining, Quarrying, and Oil and Gas Extraction
Drilling Oil and Gas Wells
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.
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CEO
William Hendricks
Employees
10600
Country
US
ISIN
US7034811015
WKN
000905153

Listings