Patterson-UTI Energy Statistics
Total Valuation
PTEN has a market cap or net worth of $3.23 billion. The enterprise value is $4.44 billion.
Important Dates
The last earnings date was Wednesday, October 23, 2024, after market close.
| Earnings Date | Oct 23, 2024 |
| Ex-Dividend Date | Dec 2, 2024 |
Share Statistics
PTEN has 389.96 million shares outstanding. The number of shares has increased by 75.08% in one year.
| Current Share Class | 389.96M |
| Shares Outstanding | 389.96M |
| Shares Change (YoY) | +75.08% |
| Shares Change (QoQ) | -1.96% |
| Owned by Insiders (%) | 1.79% |
| Owned by Institutions (%) | 94.65% |
| Float | 352.85M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.58 |
| Forward PS | 0.53 |
| PB Ratio | 0.91 |
| P/FCF Ratio | 5.68 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 3.21, with an EV/FCF ratio of 7.81.
| EV / Earnings | n/a |
| EV / Sales | 0.77 |
| EV / EBITDA | 3.21 |
| EV / EBIT | 14.80 |
| EV / FCF | 7.81 |
Financial Position
The company has a current ratio of 1.52, with a Debt / Equity ratio of 0.37.
| Current Ratio | 1.52 |
| Quick Ratio | 1.22 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | 0.93 |
| Debt / FCF | 2.31 |
| Interest Coverage | 4.12 |
Financial Efficiency
Return on equity (ROE) is -20.24% and return on invested capital (ROIC) is 3.38%.
| Return on Equity (ROE) | -20.24% |
| Return on Assets (ROA) | 2.80% |
| Return on Capital (ROIC) | 3.38% |
| Revenue Per Employee | $547,179 |
| Profits Per Employee | -$80,613 |
| Employee Count | 10,600 |
| Asset Turnover | 0.87 |
| Inventory Turnover | 23.27 |
Taxes
In the past 12 months, PTEN has paid $38.86 million in taxes.
| Income Tax | 38.86M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -29.46% in the last 52 weeks. The beta is 2.13, so PTEN's price volatility has been higher than the market average.
| Beta (5Y) | 2.13 |
| 52-Week Price Change | -29.46% |
| 50-Day Moving Average | 8.09 |
| 200-Day Moving Average | 10.07 |
| Relative Strength Index (RSI) | 55.17 |
| Average Volume (20 Days) | 10,305,264 |
Short Selling Information
The latest short interest is 25.64 million, so 6.58% of the outstanding shares have been sold short.
| Short Interest | 25.64M |
| Short Previous Month | 29.77M |
| Short % of Shares Out | 6.58% |
| Short % of Float | 7.27% |
| Short Ratio (days to cover) | 3.32 |
Income Statement
In the last 12 months, PTEN had revenue of $5.80 billion and -$854.50 million in losses. Loss per share was -$2.11.
| Revenue | 5.80B |
| Gross Profit | 1.62B |
| Operating Income | 300.30M |
| Pretax Income | 189.30M |
| Net Income | -854.50M |
| EBITDA | 1.38B |
| EBIT | 300.30M |
| Loss Per Share | -$2.11 |
Full Income StatementBalance Sheet
The company has $113.38 million in cash and $1.31 billion in debt, giving a net cash position of -$1.20 billion or -$3.07 per share.
| Cash & Cash Equivalents | 113.38M |
| Total Debt | 1.31B |
| Net Cash | -1.20B |
| Net Cash Per Share | -$3.07 |
| Equity (Book Value) | 3.57B |
| Book Value Per Share | 9.14 |
| Working Capital | 443.85M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.31 billion and capital expenditures -$743.31 million, giving a free cash flow of $569.03 million.
| Operating Cash Flow | 1.31B |
| Capital Expenditures | -743.31M |
| Free Cash Flow | 569.03M |
| FCF Per Share | $1.46 |
Full Cash Flow StatementMargins
Gross margin is 27.94%, with operating and profit margins of 5.18% and -14.73%.
| Gross Margin | 27.94% |
| Operating Margin | 5.18% |
| Pretax Margin | -14.04% |
| Profit Margin | -14.73% |
| EBITDA Margin | 23.83% |
| EBIT Margin | 5.18% |
| FCF Margin | 8.75% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 3.86%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 3.86% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 2 |
| Payout Ratio | n/a |
| Buyback Yield | -75.08% |
| Shareholder Yield | -71.22% |
| Earnings Yield | -26.42% |
| FCF Yield | 17.59% |
Dividend DetailsAnalyst Forecast
The average price target for PTEN is $12.04, which is 45.15% higher than the current price. The consensus rating is "Buy".
| Price Target | $12.04 |
| Price Target Difference | 45.15% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 11.53% |
| EPS Growth Forecast (5Y) | 3.20% |
Stock ForecastsStock Splits
The last stock split was on July 1, 2004. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 1, 2004 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
PTEN has an Altman Z-Score of 2.11 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.11 |
| Piotroski F-Score | 6 |