Patterson-UTI Energy Inc. (PTEN)

NASDAQ: PTEN · Real-Time Price · USD

5.87

0.23 (4.08%)

At close: May 01, 2025, 3:59 PM

5.86

-0.09%

After-hours: May 01, 2025, 04:20 PM EDT

4.08% (1D)

Bid	5.71
Market Cap	2.26B
Revenue (ttm)	5.15B
Net Income (ttm)	-1.02B
EPS (ttm)	-2.57
PE Ratio (ttm)	-2.28
Forward PE	25.59
Analyst	Buy

Ask	6
Volume	14,214,243
Avg. Volume (20D)	12,672,540
Open	5.57
Previous Close	5.64
Day's Range	5.57 - 5.97
52-Week Range	5.12 - 11.70
Beta	1.61

About PTEN

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East...

[Read more]

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

Full Company Profile

Analyst Forecast

According to 13 analyst ratings, the average rating for PTEN stock is "Buy." The 12-month stock price forecast is $11, which is an increase of 87.55% from the latest price.

Stock Forecasts

Earnings Surprise

Patterson-UTI Energy has released their quartely earnings on Apr 24, 2025:

Revenue of $1.28B exceeds estimates by $101M, with -15.17% YoY decline.

EPS of 0 exceeds estimates by 0.04, with -100.00% YoY decline.

Why Price Moved

1 day ago New

-5.21%

Shares of energy stocks are trading lower amid a d... Unlock content with Pro Subscription

3 weeks ago

-14.79%

Shares of energy companies are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

News

1 week ago · seekingalpha.com

Patterson-UTI Energy, Inc. (PTEN) Q1 2025 Earnings Call Transcript

Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - Pr...

1 week ago · zacks.com

Patterson-UTI's Earnings and Revenues Surpass Estimates in Q1

PTEN expects selling, general and administrative expenses of $65 million, and depreciation, depletion, amortization and impairment expenses of $230 million for the second quarter.

1 week ago · zacks.com

Patterson-UTI (PTEN) Reports Break-Even Earnings for Q1

Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.15 per share a year ago.

1 week ago · accessnewswire.com

Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2025

HOUSTON, TX / ACCESS Newswire / April 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2025.

2 weeks ago · zacks.com

Patterson-UTI Energy to Post Q1 Earnings: Here's What to Expect

PTEN is expected to report lower revenues from the year-ago period. The company is anticipated to see a higher bottom line due to declining costs.

2 weeks ago · zacks.com

Patterson-UTI (PTEN) Expected to Beat Earnings Estimates: Should You Buy?

Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 weeks ago · accessnewswire.com

Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast

HOUSTON, TX / ACCESS Newswire / April 7, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, April 24, 2025, at 9:00 a.m.

4 weeks ago · accessnewswire.com

Patterson-UTI Reports Drilling Activity for March 2025

HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating i...

1 month ago · zacks.com

Are Investors Undervaluing PattersonUTI Energy (PTEN) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 month ago · zacks.com

Despite Fast-paced Momentum, Patterson-UTI (PTEN) Is Still a Bargain Stock

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Patterson-UTI (PTEN) could be a great choice. It is one of the several stocks that p...

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