Patterson-UTI Energy Statistics
Total Valuation
PTEN has a market cap or net worth of $3.22 billion. The enterprise value is $4.28 billion.
Important Dates
The last earnings date was Wednesday, February 5, 2025, after market close.
| Earnings Date | Feb 5, 2025 |
| Ex-Dividend Date | Mar 3, 2025 |
Share Statistics
PTEN has 386.39 million shares outstanding. The number of shares has increased by 41.82% in one year.
| Current Share Class | 386.39M |
| Shares Outstanding | 386.39M |
| Shares Change (YoY) | +41.82% |
| Shares Change (QoQ) | -0.58% |
| Owned by Insiders (%) | 1.70% |
| Owned by Institutions (%) | 97.26% |
| Float | 349.68M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 0.62 |
| Forward PS | 0.65 |
| PB Ratio | 0.93 |
| P/TBV Ratio | 1.57 |
| P/FCF Ratio | 6.48 |
| P/OCF Ratio | 2.74 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 3.57, with an EV/FCF ratio of 8.61.
| EV / Earnings | n/a |
| EV / Sales | 0.80 |
| EV / EBITDA | 3.57 |
| EV / EBIT | 30.04 |
| EV / FCF | 8.61 |
Financial Position
The company has a current ratio of 1.54, with a Debt / Equity ratio of 0.37.
| Current Ratio | 1.54 |
| Quick Ratio | 1.26 |
| Debt / Equity | 0.37 |
| Debt / EBITDA | 1.07 |
| Debt / FCF | 2.61 |
| Interest Coverage | 1.98 |
Financial Efficiency
Return on equity (ROE) is -23.30% and return on invested capital (ROIC) is 1.63%.
| Return on Equity (ROE) | -23.30% |
| Return on Assets (ROA) | 1.34% |
| Return on Invested Capital (ROIC) | 1.63% |
| Return on Capital Employed (ROCE) | 2.86% |
| Revenue Per Employee | $584,556 |
| Profits Per Employee | -$105,221 |
| Employee Count | 9,200 |
| Asset Turnover | 0.81 |
| Inventory Turnover | 22.54 |
Taxes
In the past 12 months, PTEN has paid $9.45 million in taxes.
| Income Tax | 9.45M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -28.53% in the last 52 weeks. The beta is 2.08, so PTEN's price volatility has been higher than the market average.
| Beta (5Y) | 2.08 |
| 52-Week Price Change | -28.53% |
| 50-Day Moving Average | 8.38 |
| 200-Day Moving Average | 9.01 |
| Relative Strength Index (RSI) | 44.64 |
| Average Volume (20 Days) | 9,952,106 |
Short Selling Information
The latest short interest is 23.68 million, so 6.13% of the outstanding shares have been sold short.
| Short Interest | 23.68M |
| Short Previous Month | 24.41M |
| Short % of Shares Out | 6.13% |
| Short % of Float | 6.77% |
| Short Ratio (days to cover) | 2.88 |
Income Statement
In the last 12 months, PTEN had revenue of $5.38 billion and -$968.03 million in losses. Loss per share was -$2.44.
| Revenue | 5.38B |
| Gross Profit | 1.46B |
| Operating Income | 142.54M |
| Pretax Income | 189.30M |
| Net Income | -968.03M |
| EBITDA | 1.20B |
| EBIT | 142.54M |
| Loss Per Share | -$2.44 |
Full Income StatementBalance Sheet
The company has $239.18 million in cash and $1.30 billion in debt, giving a net cash position of -$1.06 billion or -$2.74 per share.
| Cash & Cash Equivalents | 239.18M |
| Total Debt | 1.30B |
| Net Cash | -1.06B |
| Net Cash Per Share | -$2.74 |
| Equity (Book Value) | 3.48B |
| Book Value Per Share | 8.95 |
| Working Capital | 453.32M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $1.18 billion and capital expenditures -$678.39 million, giving a free cash flow of $497.15 million.
| Operating Cash Flow | 1.18B |
| Capital Expenditures | -678.39M |
| Free Cash Flow | 497.15M |
| FCF Per Share | $1.29 |
Full Cash Flow StatementMargins
Gross margin is 27.11%, with operating and profit margins of 2.65% and -18.00%.
| Gross Margin | 27.11% |
| Operating Margin | 2.65% |
| Pretax Margin | -17.79% |
| Profit Margin | -18.00% |
| EBITDA Margin | 22.32% |
| EBIT Margin | 2.65% |
| FCF Margin | 9.24% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 3.84%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 3.84% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -41.82% |
| Shareholder Yield | -37.99% |
| Earnings Yield | -30.04% |
| FCF Yield | 15.43% |
Dividend DetailsAnalyst Forecast
The average price target for PTEN is $11.96, which is 43.41% higher than the current price. The consensus rating is "Buy".
| Price Target | $11.96 |
| Price Target Difference | 43.41% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 6.09% |
| EPS Growth Forecast (5Y) | n/a |
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 1.85 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.85 |
| Piotroski F-Score | 6 |