Patterson-UTI Energy Statistics
Total Valuation
PTEN has a market cap or net worth of $4.58 billion. The enterprise value is $5.73 billion.
| Market Cap | 4.58B |
| Enterprise Value | 5.73B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, after market close.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | Feb 29, 2024 |
Share Statistics
PTEN has 408.19 million shares outstanding. The number of shares has increased by 27.59% in one year.
| Shares Outstanding | 408.19M |
| Shares Change (YoY) | +27.59% |
| Shares Change (QoQ) | -0.68% |
| Owned by Insiders (%) | 2.24% |
| Owned by Institutions (%) | 98.04% |
| Float | 370.85M |
Valuation Ratios
The trailing PE ratio is 12.75 and the forward PE ratio is 16.80. PTEN's PEG ratio is 0.40.
| PE Ratio | 12.75 |
| Forward PE | 16.80 |
| PS Ratio | 1.10 |
| Forward PS | 0.73 |
| PB Ratio | 0.95 |
| P/FCF Ratio | 10.99 |
| PEG Ratio | 0.40 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.25, with an EV/FCF ratio of 13.76.
| EV / Earnings | 23.28 |
| EV / Sales | 1.38 |
| EV / EBITDA | 5.25 |
| EV / EBIT | 15.91 |
| EV / FCF | 13.76 |
Financial Position
The company has a current ratio of 1.41, with a Debt / Equity ratio of 0.28.
| Current Ratio | 1.41 |
| Quick Ratio | 1.11 |
| Debt / Equity | 0.28 |
| Debt / EBITDA | 1.23 |
| Debt / FCF | 3.23 |
| Interest Coverage | 6.82 |
Financial Efficiency
Return on equity (ROE) is 7.50% and return on invested capital (ROIC) is 4.58%.
| Return on Equity (ROE) | 7.50% |
| Return on Assets (ROA) | 4.70% |
| Return on Capital (ROIC) | 4.58% |
| Revenue Per Employee | $391,175 |
| Profits Per Employee | $23,235 |
| Employee Count | 10,600 |
| Asset Turnover | 0.79 |
| Inventory Turnover | 22.49 |
Taxes
In the past 12 months, PTEN has paid $61.15 million in taxes.
| Income Tax | 61.15M |
| Effective Tax Rate | 19.89% |
Stock Price Statistics
The stock price has decreased by -5.71% in the last 52 weeks. The beta is 2.24, so PTEN's price volatility has been higher than the market average.
| Beta (1Y) | 2.24 |
| 52-Week Price Change | -5.71% |
| 50-Day Moving Average | 11.60 |
| 200-Day Moving Average | 12.60 |
| Relative Strength Index (RSI) | 39.75 |
| Average Volume (30 Days) | 6,676,474 |
Short Selling Information
The latest short interest is 26.44 million, so 6.48% of the outstanding shares have been sold short.
| Short Interest | 26.44M |
| Short Previous Month | 25.58M |
| Short % of Shares Out | 6.48% |
| Short % of Float | 7.13% |
| Short Ratio (days to cover) | 4.12 |
Income Statement
In the last 12 months, PTEN had revenue of $4.15 billion and earned $246.29 million in profits. Earnings per share was $0.88.
| Revenue | 4.15B |
| Gross Profit | 1.38B |
| Operating Income | 351.95M |
| Pretax Income | 307.44M |
| Net Income | 246.29M |
| EBITDA | 1.09B |
| EBIT | 360.31M |
| Earnings Per Share (EPS) | $0.88 |
Balance Sheet
The company has $192.68 million in cash and $1.35 billion in debt, giving a net cash position of -$1.15 billion or -$2.82 per share.
| Cash & Cash Equivalents | 192.68M |
| Total Debt | 1.35B |
| Net Cash | -1.15B |
| Net Cash Per Share | -$2.82 |
| Equity / Book Value | 4.81B |
| Book Value Per Share | 11.79 |
| Working Capital | 435.26M |
Cash Flow
In the last 12 months, operating cash flow was $1.01 billion and capital expenditures -$589.20 million, giving a free cash flow of $416.72 million.
| Operating Cash Flow | 1.01B |
| Capital Expenditures | -589.20M |
| Free Cash Flow | 416.72M |
| FCF Per Share | $1.49 |
Margins
Gross margin is 33.23%, with operating and profit margins of 8.49% and 5.94%.
| Gross Margin | 33.23% |
| Operating Margin | 8.49% |
| Pretax Margin | 7.41% |
| Profit Margin | 5.94% |
| EBITDA Margin | 26.33% |
| EBIT Margin | 8.69% |
| FCF Margin | 10.05% |
Dividends & Yields
This stock pays an annual dividend of $0.32, which amounts to a dividend yield of 2.85%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 2.85% |
| Dividend Growth (YoY) | 33.33% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 36.36% |
| Buyback Yield | -27.59% |
| Shareholder Yield | -24.74% |
| Earnings Yield | 5.38% |
| FCF Yield | 9.10% |
Analyst Forecast
The average price target for PTEN is $16.43, which is 46.44% higher than the current price. The consensus rating is "Buy".
| Price Target | $16.43 |
| Price Target Difference | 46.44% |
| Analyst Consensus | Buy |
| Analyst Count | 15 |
| Revenue Growth Forecast (5Y) | 14.94% |
| EPS Growth Forecast (5Y) | 20.26% |
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 1.86 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.86 |
| Piotroski F-Score | 5 |