Patterson-UTI Energy, Inc. (PTEN)

Market Cap	3.22B
Revenue (ttm)	5.38B
Net Income (ttm)	-968.03M
Shares Out	386.39M
EPS (ttm)	-2.44
PE Ratio	n/a
Forward PE	24,414.69
Dividend	$0.32 (3.84%)
Ex-Dividend Date	Mar 3, 2025

Volume	8,649,077
Open	8.83
Previous Close	8.83
Day's Range	8.28 - 8.89
52-Week Range	7.15 - 12.65
Beta	2.08
Analysts	Buy
Price Target	11.96 (+43.41%)
Earnings Date	Feb 5, 2025

About PTEN

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision od contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact dr...

• Industry: Oil & Gas Drilling
• Sector: Energy
• IPO Date: Nov 2, 1993
• Employees: 9,200
• Stock Exchange: NASDAQ
• Ticker Symbol: PTEN
• Website: https://www.patenergy.com

Analyst Forecast

According to 13 analysts, the average rating for PTEN stock is "Buy." The 12-month stock price forecast is $11.96, which is an increase of 43.41% from the latest price.

Price Target

$11.96

(43.41% upside)

Analyst Consensus: Buy