Patterson-UTI Energy Statistics
Total Valuation
PTEN has a market cap or net worth of $4.17 billion. The enterprise value is $5.32 billion.
| Market Cap | 4.17B |
| Enterprise Value | 5.32B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, after market close.
| Earnings Date | Jul 24, 2024 |
| Ex-Dividend Date | Jun 3, 2024 |
Share Statistics
PTEN has 401.70 million shares outstanding. The number of shares has increased by 89.85% in one year.
| Shares Outstanding | 401.70M |
| Shares Change (YoY) | +89.85% |
| Shares Change (QoQ) | +46.33% |
| Owned by Insiders (%) | 2.45% |
| Owned by Institutions (%) | 98.77% |
| Float | 364.61M |
Valuation Ratios
The trailing PE ratio is 16.74 and the forward PE ratio is 19.21. PTEN's PEG ratio is 0.80.
| PE Ratio | 16.74 |
| Forward PE | 19.21 |
| PS Ratio | 0.86 |
| Forward PS | 0.69 |
| PB Ratio | 0.88 |
| P/FCF Ratio | 9.48 |
| PEG Ratio | 0.80 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.44, with an EV/FCF ratio of 12.09.
| EV / Earnings | 26.89 |
| EV / Sales | 1.09 |
| EV / EBITDA | 4.44 |
| EV / EBIT | 16.56 |
| EV / FCF | 12.09 |
Financial Position
The company has a current ratio of 1.48, with a Debt / Equity ratio of 0.28.
| Current Ratio | 1.48 |
| Quick Ratio | 1.14 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 1.10 |
| Debt / FCF | 3.00 |
| Interest Coverage | 5.15 |
Financial Efficiency
Return on equity (ROE) is 4.90% and return on invested capital (ROIC) is 3.95%.
| Return on Equity (ROE) | 4.90% |
| Return on Assets (ROA) | 3.10% |
| Return on Capital (ROIC) | 3.95% |
| Revenue Per Employee | $458,964 |
| Profits Per Employee | $18,665 |
| Employee Count | 10,600 |
| Asset Turnover | 0.77 |
| Inventory Turnover | 26.81 |
Taxes
In the past 12 months, PTEN has paid $60.96 million in taxes.
| Income Tax | 60.96M |
| Effective Tax Rate | 23.56% |
Stock Price Statistics
The stock price has decreased by -31.35% in the last 52 weeks. The beta is 2.20, so PTEN's price volatility has been higher than the market average.
| Beta (5Y) | 2.20 |
| 52-Week Price Change | -31.35% |
| 50-Day Moving Average | 10.48 |
| 200-Day Moving Average | 11.32 |
| Relative Strength Index (RSI) | 50.56 |
| Average Volume (20 Days) | 8,729,893 |
Short Selling Information
The latest short interest is 30.62 million, so 7.62% of the outstanding shares have been sold short.
| Short Interest | 30.62M |
| Short Previous Month | 25.91M |
| Short % of Shares Out | 7.62% |
| Short % of Float | 8.40% |
| Short Ratio (days to cover) | 3.63 |
Income Statement
In the last 12 months, PTEN had revenue of $4.87 billion and earned $197.85 million in profits. Earnings per share was $0.62.
| Revenue | 4.87B |
| Gross Profit | 1.53B |
| Operating Income | 312.99M |
| Pretax Income | 258.81M |
| Net Income | 197.85M |
| EBITDA | 1.20B |
| EBIT | 321.19M |
| Earnings Per Share (EPS) | $0.62 |
Balance Sheet
The company has $170.25 million in cash and $1.32 billion in debt, giving a net cash position of -$1.15 billion or -$2.86 per share.
| Cash & Cash Equivalents | 170.25M |
| Total Debt | 1.32B |
| Net Cash | -1.15B |
| Net Cash Per Share | -$2.86 |
| Equity (Book Value) | 4.74B |
| Book Value Per Share | 11.81 |
| Working Capital | 437.80M |
Cash Flow
In the last 12 months, operating cash flow was $1.14 billion and capital expenditures -$697.41 million, giving a free cash flow of $440.05 million.
| Operating Cash Flow | 1.14B |
| Capital Expenditures | -697.41M |
| Free Cash Flow | 440.05M |
| FCF Per Share | $1.08 |
Margins
Gross margin is 31.54%, with operating and profit margins of 6.43% and 4.07%.
| Gross Margin | 31.54% |
| Operating Margin | 6.43% |
| Pretax Margin | 5.32% |
| Profit Margin | 4.07% |
| EBITDA Margin | 24.65% |
| EBIT Margin | 6.60% |
| FCF Margin | 9.05% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 3.08%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 3.08% |
| Dividend Growth (YoY) | 14.29% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 51.61% |
| Buyback Yield | -89.85% |
| Shareholder Yield | -86.77% |
| Earnings Yield | 4.74% |
| FCF Yield | 10.55% |
Analyst Forecast
The average price target for PTEN is $15.38, which is 48.17% higher than the current price. The consensus rating is "Buy".
| Price Target | $15.38 |
| Price Target Difference | 48.17% |
| Analyst Consensus | Buy |
| Analyst Count | 13 |
| Revenue Growth Forecast (5Y) | 11.53% |
| EPS Growth Forecast (5Y) | 3.20% |
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 1.92 and a Piotroski F-Score of 4. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.92 |
| Piotroski F-Score | 4 |