8.40

0.71% -0.06

After Hours: 8.50 0.10 +1.19%

Patterson Uti Energy Inc (PTEN)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Patterson Uti Energy Inc stock is traded at $8.40, with a volume of 2.79M. It is down -0.71% in the last 24 hours and up +7.83% over the past month. Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.

Previous Close:

$8.46

Open:

$8.63

24h Volume:

2.79M

Relative Volume:

0.36

Market Cap:

$3.28B

Revenue:

$5.80B

Net Income/Loss:

$-854.50M

P/E Ratio:

5.25

EPS:

1.6

Net Cash Flow:

$569.03M

1W Performance:

-3.23%

1M Performance:

+7.83%

6M Performance:

-20.45%

1Y Performance:

-28.93%

1-Day Range:

$8.375

$8.63

1-Week Range:

$8.30

$8.91

52-Week Range:

$7.375

$12.65

Patterson Uti Energy Inc Stock (PTEN) Company Profile

Name

Patterson Uti Energy Inc

Sector

Energy (248)

Industry

Oil & Gas Drilling (9)

Phone

(281) 765-7100

Address

10713 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON

Employee

10,600

Twitter

Next Earnings Date

2024-10-24

Latest SEC Filings

PTEN's Discussions on Twitter

Compare PTEN with other stocks

Stocks	Price	Market Cap	Revenue	Net Income	Cash Flow	EPS
PTEN Patterson Uti Energy Inc	8.40	3.28B	5.80B	-854.50M	569.03M	-2.25
NE Noble Corp Plc	33.47	5.37B	2.77B	501.41M	230.65M	3.43
RIG Transocean Ltd	4.40	3.85B	3.31B	-623.00M	-106.00M	-0.73
HP Helmerich Payne Inc	34.63	3.42B	2.72B	346.31M	227.82M	3.43
SDRL Seadrill Ltd	40.64	2.63B	1.56B	476.00M	218.00M	6.36

Patterson Uti Energy Inc Stock (PTEN) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-16-24	Downgrade	The Benchmark Company	Buy → Hold
Dec-19-23	Initiated	Goldman	Neutral
Oct-17-23	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Oct-16-23	Upgrade	BofA Securities	Neutral → Buy
Oct-09-23	Upgrade	Citigroup	Neutral → Buy
Sep-05-23	Initiated	Stifel	Buy
Jul-19-23	Upgrade	The Benchmark Company	Hold → Buy
Jul-10-23	Upgrade	RBC Capital Mkts	Sector Perform → Outperform
Jun-28-23	Initiated	CapitalOne	Equal Weight
Jan-19-23	Initiated	The Benchmark Company	Hold
Jan-17-23	Downgrade	Citigroup	Buy → Neutral
Dec-09-22	Initiated	Raymond James	Strong Buy
Oct-07-22	Resumed	Piper Sandler	Overweight
Jul-15-22	Downgrade	BofA Securities	Buy → Neutral
Jun-01-22	Downgrade	Piper Sandler	Overweight → Neutral
May-26-22	Upgrade	JP Morgan	Underweight → Neutral
Apr-19-22	Initiated	The Benchmark Company	Buy
Dec-21-21	Upgrade	Piper Sandler	Neutral → Overweight
Dec-10-21	Upgrade	Citigroup	Neutral → Buy
Dec-07-21	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Nov-02-21	Upgrade	BofA Securities	Underperform → Buy
Sep-09-21	Resumed	RBC Capital Mkts	Sector Perform
Jun-23-21	Upgrade	Evercore ISI	In-line → Outperform
May-03-21	Upgrade	Barclays	Equal Weight → Overweight
Jul-16-20	Downgrade	Scotiabank	Sector Perform → Sector Underperform
Apr-27-20	Downgrade	Gabelli & Co	Buy → Hold
Apr-14-20	Downgrade	Cowen	Outperform → Market Perform
Apr-06-20	Upgrade	Bernstein	Underperform → Mkt Perform
Mar-19-20	Downgrade	Wolfe Research	Peer Perform → Underperform
Mar-16-20	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Mar-13-20	Downgrade	Piper Sandler	Overweight → Neutral
Mar-10-20	Downgrade	Raymond James	Strong Buy → Mkt Perform
Mar-09-20	Downgrade	BofA/Merrill	Neutral → Underperform
Mar-09-20	Downgrade	Evercore ISI	Outperform → In-line
Jan-14-20	Initiated	Bernstein	Underperform
Dec-13-19	Downgrade	JP Morgan	Neutral → Underweight
Dec-03-19	Downgrade	Credit Suisse	Neutral → Underperform
Nov-20-19	Initiated	Deutsche Bank	Sell
Oct-08-19	Downgrade	BofA/Merrill	Buy → Neutral
Sep-30-19	Downgrade	Citigroup	Buy → Neutral
Sep-26-19	Initiated	Barclays	Equal Weight
Aug-28-19	Reiterated	BofA/Merrill	Buy
Aug-02-19	Downgrade	Jefferies	Buy → Hold
Jun-27-19	Downgrade	Wells Fargo	Outperform → Market Perform

View All

Patterson Uti Energy Inc Stock (PTEN) Latest News

Nov 25, 2024

Even after rising 4.8% this past week, Patterson-UTI Energy (NASDAQ:PTEN) shareholders are still down 24% over the past year - Simply Wall St

Nov 25, 2024

Nov 22, 2024

Patterson-UTI (PTEN) Up 4.9% Since Last Earnings Report: Can It Continue? - Yahoo Finance

Nov 22, 2024

Nov 18, 2024

Patterson-UTI Energy (FRA:PE1) Long-Term Capital Lease Obli - GuruFocus.com

Nov 18, 2024

Nov 15, 2024

Patterson-UTI Energy Inc’s (PTEN) Stock Is Harder To Predict Than You Think - Stocks Register

Nov 15, 2024

Patterson-UTI Energy to Report Q3 Earnings: What's in Store for the Stock? - MSN

Nov 15, 2024

Nov 13, 2024

Wealth Enhancement Advisory Services LLC Reduces Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Defense World

Nov 13, 2024

Chartwell Investment Partners LLC Purchases Shares of 437,028 Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - MarketBeat

Nov 13, 2024

Nov 11, 2024

FY2024 Earnings Forecast for PTEN Issued By Zacks Research - Defense World

Nov 11, 2024

Nov 10, 2024

US Bancorp DE Purchases 78,950 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Defense World

Nov 10, 2024

How To Trade (PTEN) - Stock Traders Daily

Nov 10, 2024

Nov 05, 2024

Patterson-UTI Reports Drilling Activity for October 2024 - AccessWire

Nov 05, 2024

Patterson-UTI Energy Target of Unusually Large Options Trading (NASDAQ:PTEN) - Defense World

Nov 05, 2024

Nov 04, 2024

Patterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $10.00 by Analysts at Citigroup - Defense World

Nov 04, 2024

Nov 02, 2024

Patterson-UTI Energy (NASDAQ:PTEN) Sets New 52-Week Low on Analyst Downgrade - Defense World

Nov 02, 2024

Patterson UTI stock hits 52-week low at $7.43 amid market challenges - Investing.com Australia

Nov 02, 2024

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Given Average Recommendation of “Moderate Buy” by Analysts - Defense World

Nov 02, 2024

Creative Planning Acquires 65,570 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Defense World

Nov 02, 2024

Nov 01, 2024

Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates - MSN

Nov 01, 2024

Patterson UTI stock hits 52-week low at $7.43 amid market challenges By Investing.com - Investing.com South Africa

Nov 01, 2024

Patterson-UTI Energy Sees Unusually Large Options Volume (NASDAQ:PTEN) - Defense World

Nov 01, 2024

Oct 31, 2024

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Bought by Blue Trust Inc. - Defense World

Oct 31, 2024

Oct 29, 2024

Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08 - Simply Wall St

Oct 29, 2024

Oct 28, 2024

Greenleaf Trust Has $133,000 Stock Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Defense World

Oct 28, 2024

Research Analysts Issue Forecasts for PTEN FY2024 Earnings - Defense World

Oct 28, 2024

Oct 27, 2024

Patterson-UTI: Prioritizing Free Cash Flow And Shareholder Returns (NASDAQ:PTEN) - Seeking Alpha

Oct 27, 2024

Patterson-UTI Energy (NASDAQ:PTEN) Is Paying Out A Dividend Of $0.08 - Yahoo Finance

Oct 27, 2024

Oct 25, 2024

Earnings call: Patterson-UTI reports mixed Q3 results amid market challenges - Investing.com Canada

Oct 25, 2024

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q3 2024 Earnings Call Transcript - Insider Monkey

Oct 25, 2024

Patterson-UTI stock near 52-week low—can cash flow offset weak margins? - Investing.com

Oct 25, 2024