Patterson-UTI Energy, Inc.
General ticker "PTEN" information:
- Sector: Energy
- Industry: Energy Equipment & Services
- Capitalization: $3.1B
Patterson-UTI Energy, Inc. does not follow the US Stock Market performance with the rate: -21.7%.
Estimated limits based on current volatility of 2.5%: low 7.22$, high 7.60$
Factors to consider:
- Company pays dividends: last record date 2024-12-02, amount 0.08$ (Y4.17%)
- US accounted for 97.4% of revenue in the fiscal year ended 2022-12-31
- Earnings for 9 months up through Q3 are below our estimates
Stock Forecast*
* forecast is subjective and experimental, should not be used for any investment decisions
Long term estimates were made for the period from 2023-12-31 to 2025-12-30
- 2023-12-31 to 2024-12-30 estimated range: [5.74$, 10.69$]
- 2024-12-30 to 2025-12-30 estimated range: [5.49$, 10.04$]
Financial Metrics affecting the PTEN estimates:
- Positive: 0.93 < Non-GAAP EPS, $ of 1.26
- Positive: Operating cash flow per share per price, % of 32.06 > 12.76
- Positive: 1.03 < Operating profit margin, % of 8.49
- Positive: Industry inventory ratio change (median), % of 0.48 <= 0.49
- Negative: Inventory ratio change, % of 3.86 > 1.08
- Positive: 2.86 < Return on assets ratio (scaled to [-100,100]) of 3.21
- Negative: Investing cash flow per share, $ of -3.64 <= -3.48
- Positive: Industry operating cash flow per share per price (median), % of 10.61 > 10.07
Short-term PTEN quotes
Long-term PTEN plot with estimates
Financial data
YTD | 2021-12-31 | 2022-12-31 | 2023-12-31 |
---|---|---|---|
Operating Revenue | $1,356.32MM | $2,660.18MM | $4,146.46MM |
Operating Expenses | $2,034.07MM | $2,449.15MM | $3,794.50MM |
Operating Income | $-677.75MM | $211.03MM | $351.95MM |
Non-Operating Income | $-42.03MM | $-43.17MM | $-44.85MM |
Interest Expense | $41.98MM | $40.26MM | $52.87MM |
R&D Expense | $1.37MM | $0.99MM | $0.00MM |
Income(Loss) | $-719.78MM | $167.86MM | $307.10MM |
Taxes | $-62.70MM | $13.20MM | $60.81MM |
Other Income(Loss) | $2.53MM | $0.00MM | $0.00MM |
Profit(Loss) | $-654.54MM | $154.66MM | $246.29MM |
Stockholders Equity | $1,609.49MM | $1,665.52MM | $4,812.29MM |
Inventory | $42.36MM | $58.04MM | $180.81MM |
Assets | $2,957.85MM | $3,143.82MM | $7,420.03MM |
Operating Cash Flow | $95.50MM | $566.19MM | $1,005.91MM |
Capital expenditure | $166.32MM | $436.80MM | $615.69MM |
Investing Cash Flow | $-131.59MM | $-413.23MM | $-1,017.59MM |
Financing Cash Flow | $-71.93MM | $-133.38MM | $65.57MM |
Earnings Per Share* | $-3.37 | $0.72 | $0.88 |
* EPS are Split Adjusted, recent splits may be reflected with a delay.