PTEN: Patterson-UTI Energy, Inc.
About
Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment represents contract drilling, directional drilling, oilfield technology, and electrical controls and automation businesses. The Completion Services segment offers hydraulic fracturing, wireline and pumping, completion support, cementing, and pressure pumping business. The Drilling Products segment focuses on manufacturing and distribution of drill bits business. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.
Current Value
$8.111 Year Return
Current Value
$8.111 Year Return
Key Details
Market Cap
$3.16B
P/E Ratio
-3.69
1Y Stock Return
-31.96%
1Y Revenue Growth
73.11%
Dividend Yield
2.96%
Price to Book
0.9
Strategies that include PTEN
Stock's related to PTEN
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| HP | 81.78% | $3.30B | -10.93% | 3.02% |
| LBRT | 80.26% | $2.84B | -12.59% | 1.61% |
| PUMP | 77.24% | $799.77M | -15.27% | 0.00% |
| HAL | 76.99% | $26.77B | -20.26% | 2.20% |
| MGY | 76.64% | $5.36B | +26.87% | 1.90% |
| NBR | 75.75% | $694.91M | -21.77% | 0.00% |
| NOG | 71.86% | $4.10B | +9.43% | 3.97% |
| MUR | 71.78% | $4.74B | -23.99% | 3.70% |
| RES | 71.41% | $1.26B | -20.54% | 2.74% |
| MTDR | 71.27% | $7.21B | -1.21% | 1.47% |
| OII | 70.15% | $2.78B | +32.07% | 0.00% |
| WHD | 69.31% | $4.35B | +56.25% | 0.75% |
| DVN | 69.27% | $24.90B | -14.49% | 2.84% |
| OXY | 69.13% | $47.39B | -16.87% | 1.66% |
| OVV | 66.78% | $11.61B | -0.16% | 2.69% |
| CHRD | 66.40% | $7.82B | -19.23% | 5.23% |
| CHX | 66.12% | $5.82B | +4.16% | 1.21% |
| SM | 66.11% | $5.02B | +16.26% | 1.68% |
| VTLE | 66.10% | $1.19B | -32.18% | 0.00% |
| CIVI | 65.65% | $4.91B | -21.31% | 3.94% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| PULM | -<0.01% | $19.83M | +202.98% | 0.00% |
| XGN | -0.01% | $62.26M | +127.74% | 0.00% |
| IRBT | -0.03% | $220.33M | -75.58% | 0.00% |
| RDY | -0.04% | $11.97B | +5.10% | 3.31% |
| OCX | -0.08% | $42.93M | -36.09% | 0.00% |
| BBD | 0.11% | $12.76B | -17.05% | 1.63% |
| UTI | -0.11% | $1.07B | +73.54% | 0.00% |
| XBIO | -0.13% | $6.01M | +21.36% | 0.00% |
| CALX | 0.13% | $2.15B | -14.51% | 0.00% |
| LUMO | 0.14% | $37.45M | +41.97% | 0.00% |
| GREE | 0.24% | $29.23M | -42.42% | 0.00% |
| QNRX | 0.25% | $3.20M | -85.07% | 0.00% |
| ALAR | 0.28% | $89.09M | +158.08% | 0.00% |
| TVTX | -0.31% | $1.51B | +207.79% | 0.00% |
| IFRX | 0.36% | $113.06M | +31.51% | 0.00% |
| TRVG | 0.42% | $37.05M | -37.92% | 0.00% |
| ZTO | 0.46% | $12.58B | -4.71% | 4.73% |
| CYD | 0.48% | $364.46M | -2.94% | 4.26% |
| BMRN | 0.48% | $11.81B | -29.63% | 0.00% |
| ATGE | 0.48% | $3.29B | +55.26% | 0.00% |
ETF's related to PTEN
News
Yahoo
HOUSTON, TX / ACCESSWIRE / November 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2024, the Company had an average of 105 drilling rigs operating in the United States. Average drilling rigs operating ...
SeekingAlpha
Patterson-UTI is actively managing capex and is able to turn out ample cash flow even at the current activity levels. Read why PTEN stock is a Buy.
SeekingAlpha
Analyzing Transocean's recent financial performance and share price volatility, highlighting reasons for a 'hold' rating despite positive trends.
Yahoo
Patterson-UTI Energy, Inc. ( NASDAQ:PTEN ) has announced that it will pay a dividend of $0.08 per share on the 16th of...
Yahoo
Q3 2024 Patterson-UTI Energy Inc Earnings Call
Yahoo
Patterson-UTI Energy Inc (PTEN) reports a significant net loss but showcases strong cash flow and strategic advancements post-NexTier and Ulterra mergers.
Disclaimer
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