stoxline Quote Chart Rank Option Currency Glossary
  
Patterson-UTI Energy, Inc. (PTEN)
11.26  -0.27 (-2.34%)    04-25 16:00
Open: 11.43
High: 11.49
Volume: 5,560,441
  
Pre. Close: 11.53
Low: 11.15
Market Cap: 4,596(M)
Technical analysis
2024-04-25 4:45:24 PM
Short term     
Mid term     
Targets 6-month :  14.08 1-year :  14.77
Resists First :  12.06 Second :  12.64
Pivot price 11.65
Supports First :  11.1 Second :  9.24
MAs MA(5) :  11.44 MA(20) :  11.74
MA(100) :  11.21 MA(250) :  12.28
MACD MACD :  -0.1 Signal :  -0.1
%K %D K(14,3) :  22.9 D(3) :  23.6
RSI RSI(14): 42.5
52-week High :  16.18 Low :  9.69
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.
[ PTEN ] has closed above bottom band by 23.0%. Bollinger Bands are 14.9% wider than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 11.5 - 11.58 11.58 - 11.63
Low: 10.98 - 11.07 11.07 - 11.13
Close: 11.14 - 11.27 11.27 - 11.37
Company Description

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.

Headline News

Thu, 25 Apr 2024
Research Analysts Set Expectations for Patterson-UTI Energy, Inc.'s Q1 2024 Earnings (NASDAQ:PTEN) - MarketBeat

Thu, 25 Apr 2024
Wedge Capital Management L L P NC Has $4.48 Million Stock Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - MarketBeat

Thu, 25 Apr 2024
Traders Buy Large Volume of Put Options on Patterson-UTI Energy (NASDAQ:PTEN) - MarketBeat

Thu, 25 Apr 2024
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Business Is Trailing The Market But Its Shares Aren't - Simply Wall St

Thu, 25 Apr 2024
Those who invested in Patterson-UTI Energy (NASDAQ:PTEN) three years ago are up 78% - Yahoo Finance

Wed, 24 Apr 2024
Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline - Zacks Investment Research

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Outperform
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Neutral
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NASDAQ
Sector:
Energy
Industry:
Oil & Gas Drilling
Shares Out 403 (M)
Shares Float 371 (M)
Held by Insiders 2.2 (%)
Held by Institutions 98.3 (%)
Shares Short 26,440 (K)
Shares Short P.Month 22,150 (K)
Stock Financials
EPS 0.87
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 11.69
Profit Margin 5.9 %
Operating Margin 8.4 %
Return on Assets (ttm) 5.3 %
Return on Equity (ttm) 7.5 %
Qtrly Rev. Growth 100.9 %
Gross Profit (p.s.) 0
Sales Per Share 10.29
EBITDA (p.s.) 2.92
Qtrly Earnings Growth -67.5 %
Operating Cash Flow 1,010 (M)
Levered Free Cash Flow 246 (M)
Stock Valuations
PE Ratio 12.79
PEG Ratio 0.4
Price to Book value 0.96
Price to Sales 1.09
Price to Cash Flow 4.49
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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