Patterson-UTI Energy, Inc. (PTEN)
Overview
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 Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.
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Key Information
Stock Snapshot (Updated: Nov 05 04:00 PM EST)
Capital Structure (Updated: Nov 05 04:00 PM EST)
Calendar Events (Upcoming Earnings & Revenue Forecasts)
| Earnings | |
| Earnings Date | 2025-10-22 |
| Earnings Call | 2025-10-23 |
| Avg EPS Estimate | -0.12 |
| Low EPS Estimate | -0.14 |
| High EPS Estimate | -0.109 |
| Revenue | |
| Avg Revenue Forecast | 1,095,140,540 |
| Low Revenue Forecast | 1,037,310,000 |
| High Revenue Forecast | 1,114,000,000 |
PTEN Liquidity Indicators Shows key metrics that reflect cash availability and short-term payment ability
| Field | Value | Description |
|---|---|---|
| Cash Holdings | $184,783,008 | Cash on hand, which directly shows a company's ability to meet short-term obligations. |
| Quick Ratio | 1.345 | The quick ratio, which excludes inventory, measures short-term solvency; a value above 1 is considered relatively safe. |
| Current Ratio | 1.643 | The current ratio, calculated as current assets divided by current liabilities; the higher the value, the better the liquidity. |
| Total Debt | $1,288,333,952 | Total liabilities, used together with cash and liquidity ratios to assess debt burden. |
PTEN Profitability Indicators Shows key metrics that reflect overall earnings, margins, and core business profitability
| Field | Value | Description |
|---|---|---|
| EBITDA | $934,260,992 | EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization), which measures the profitability of core operations. |
| Operating Cash Flow | $879,526,976 | Operating cash flow, which reflects a company's cash-generating ability. |
| Free Cash Flow | $376,995,616 | Free cash flow, after deducting capital expenditures, which can be used for dividends or reinvestment. |
| Gross Margin | 24.67% | Gross margin; a higher value indicates stronger product profitability. |
| Operating Margin | -2.38% | Operating margin; slightly negative, indicating high operating costs. |
| Profit Margin | -2.81% | Net profit margin, which reflects overall profitability. |
PTEN Leverage & Financial Health Indicators Shows key metrics that reflect debt levels, liquidity, and overall financial stability
| Field | Value | Description |
|---|---|---|
| Debt/Equity Ratio | 39.58% | Low leverage level, indicating the company has low debt pressure. |
| Total Debt | $1,288,333,952 | Used together with cash and EBITDA to assess debt-paying ability. |
PTEN Growth Indicators Shows key financial metrics that reflect profitability, cash flow, and business expansion
| Field | Value | Description |
|---|---|---|
| Revenue Growth (YoY) | -13.40% | Rapid revenue growth, indicating fast business expansion. |
| Earnings Growth (YoY) | 0.00% | Significant EPS growth, indicating rapid improvement in profitability. |
Financial Data for PTEN (Key ratios, margins, and cash flow)
| Field | Value | Description |
|---|---|---|
| Current Price | $6.07 | Latest stock trading price |
| Price Target (High) | $9 | Analyst highest expected price |
| Price Target (Low) | $6 | Analyst lowest expected price |
| Price Target (Average) | $7.16 | Average target price across analysts |
| Price Target (Median) | $7 | Median of target prices |
| Average Rating Score | 2.27 | Average analyst rating (1=Strong Buy, 5=Sell) |
| Consensus Recommendation | buy | Consensus rating |
| Analyst Coverage Count | 14 | Number of analysts providing estimates |
| Cash Holdings | $184,783,008 | Total cash held by the company |
| Cash per Share | $0.49 | Cash value per outstanding share |
| Total Debt | $1,288,333,952 | Company's total debt |
| Quick Ratio | 1.345 | Ability to cover short-term liabilities (excludes inventory) |
| Current Ratio | 1.643 | Overall short-term liquidity |
| Debt/Equity Ratio | 39.58% | Leverage ratio: Debt / Equity |
| EBITDA | $934,260,992 | Earnings before interest, taxes, depreciation & amortization |
| Total Revenue | $4,837,945,856 | Total company revenue |
| Revenue per Share | $12.533 | Total revenue divided by shares outstanding |
| Gross Profit | 24.67% | Revenue minus cost of goods sold |
| Return on Assets | -0.43% | Net income / Total assets |
| Return on Equity | -3.96% | Net income / Shareholder equity |
| Earnings Growth (YoY) | 0.00% | Year-over-year EPS growth |
| Revenue Growth (YoY) | -13.40% | Year-over-year revenue growth |
| Gross Margin | 24.67% | Gross profit / Total revenue |
| EBITDA Margin | 19.31% | EBITDA / Revenue |
| Operating Margin | -2.38% | Operating income / Revenue |
| Profit Margin | -2.81% | Net income / Revenue |
| Free Cash Flow | $376,995,616 | Cash left after capital expenditures |
| Operating Cash Flow | $879,526,976 | Cash from core business operations |
| Currency | USD | Reported in US dollars |
| Last Updated | 2025-11-05 | Data source from Yahoo |