Patterson-Uti Energy PTEN

$10.97 +0.30 (2.81%)

Valuation

Market cap
4,048,401,000
Revenue TTM
$4,826,620,000
Net income TTM
$-93,640,000
P/E (trailing)
0.00
P/E (forward)
625.20
Profit margin
-1.94%
Debt to equity
0.40

Trading

Volume
5,981,000
Avg volume
7,537,694
Day's range
$10.58 – $11.02
Shares out
379,419,000
Stochastic %K
55%
Beta
0.79
Analysts
Moderate Buy
Price target
$14.63

Price

Company profile

Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, an...

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Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

Industry
Oil & Gas Drilling
Sector
Energy
Phone
281 765 7100
Website
https://www.patenergy.com
Address
10713 West Sam Houston Parkway North, Suite 800, Houston, United States

Latest news

Stocktwits

ramrad Nov 13, 7:20 PM
$PTEN painful consolidation, that’s why few ppl can hold to $40+.
0 replies
GTA_Terminal Nov 8, 7:43 AM
Dark pool check on $PTEN: what traded off the exchanges in the latest session. Price barely moved (-0.3%), which is what you'd expect if somebody big is building or unwinding a position quietly. Look up any stock's options flow and dark pools on the GTA Terminal, free for 7 days: https://globaltradersacademy.com/start-trial?a=stocktwits&sym=PTEN&utm_source=stocktwits&utm_medium=social&utm_campaign=trial&utm_content=PTEN Read the full article for the full details: https://globaltradersacademy.com/articles/dark-pool-check-patterson-uti-energy-pten?utm_source=stocktwits&utm_medium=social
0 replies
Kuji8peters Nov 6, 5:58 PM
$PTEN just doubled my position, p/b and or ratio great, long term value
0 replies
KryptonResearch14 Nov 3, 7:01 PM
$PTEN revenue rose in Q3 and the 10-Q shows customer prepayments nearly ran out. Contract liabilities fell to 3.4 million dollars from 79.5 million at year end after the company recognized 114.6 million of deferred revenue and took in only 38.6 million of new deferred payments. That is a thin prepaid cushion heading into the reactivations management expects early next year.
0 replies
ramrad Nov 2, 2:49 PM
$PTEN stupid pull back, so heavily manipulated by son of bitches
0 replies
Techdamentals Nov 1, 5:48 PM
Patterson-UTI operates drilling rigs and pressure pumping. $PTEN is a direct read on whether producers are actually putting capital into the ground. Video: https://youtu.be/IcU1ddpVwfc Written version: https://techdamentals.com/newsletter/exxon-made-more-refining-than-drilling?ref=st What is it worth? 👇 https://techdamentals.com/v/PTEN?ref=st Educational, not advice.
0 replies
evanmedeiros Oct 31, 5:31 PM
Energy stocks continue to dominate a good portion of the relative strength lists. Looking through @InvestorsBusinessDaily MarketSurge this weekend seeing lots like $PTEN moving to highs or breaking out. https://research.investors.com/stock-quotes/nasdaq-PTEN-inc-PTEN.htm?utm_source=Evan_Medeiros&utm_medium=stocktwits&utm_campaign=SOCIAL+INFLUENCER&utm_id=SCINFLUENCER&utm_content=leaderboard#performance%3Fsrc=A00616 #IBDPartner
0 replies
Isachair Oct 29, 1:56 PM
$PTEN Doesn't seem like earnings got a lot of attention.
0 replies