Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
7.61
+0.19 (2.56%)
At close: Nov 4, 2024, 4:00 PM
7.73
+0.12 (1.56%)
After-hours: Nov 4, 2024, 5:58 PM EST

Patterson-UTI Energy Statistics

Total Valuation

PTEN has a market cap or net worth of $2.97 billion. The enterprise value is $4.18 billion.

Market Cap 2.97B
Enterprise Value 4.18B

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.

Shares Outstanding 389.96M
Shares Change (YoY) +75.08%
Shares Change (QoQ) -1.96%
Owned by Insiders (%) 1.79%
Owned by Institutions (%) 95.83%
Float 352.85M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 0.53
Forward PS 0.49
PB Ratio 0.83
P/FCF Ratio 5.22
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 3.02, with an EV/FCF ratio of 7.34.

EV / Earnings n/a
EV / Sales 0.72
EV / EBITDA 3.02
EV / EBIT 13.91
EV / FCF 7.34

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 -40.69% 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 -40.69%
50-Day Moving Average 8.17
200-Day Moving Average 10.12
Relative Strength Index (RSI) 41.40
Average Volume (20 Days) 9,791,336

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 4.21%.

Dividend Per Share $0.32
Dividend Yield 4.21%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio n/a
Buyback Yield -75.08%
Shareholder Yield -70.87%
Earnings Yield -28.79%
FCF Yield 19.17%
Dividend Details

Analyst Forecast

The average price target for PTEN is $12.12, which is 59.26% higher than the current price. The consensus rating is "Buy".

Price Target $12.12
Price Target Difference 59.26%
Analyst Consensus Buy
Analyst Count 14
Revenue Growth Forecast (5Y) 11.53%
EPS Growth Forecast (5Y) 3.20%
Stock Forecasts

Stock 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