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Upturn AI Summary - About
Patterson-UTI Energy Inc(PTEN)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PTEN
10/23/2026: PTEN (3-star) is currently NOT-A-BUY. Pass it for now.
Patterson-UTI Energy is a provider of contract drilling and completion services for the US oil and gas industry. The company has a leading position in the high-specification rig market and has strengthened its completion service capabilities significantly through the acquisition of NexTier. Its main growth story centers on leveraging integrated service offerings and proprietary automation technology to improve client well performance. Primary risks involve intense industry competition and the inherent volatility of energy commodity prices, which directly impact customer demand. The stock may suit investors who understand cyclical sectors and seek exposure to US energy production, noting that it provides a dividend while remaining sensitive to broader industry trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The company offers growth potential tied to industry cycles but lacks the consistent, high-growth profile of pure-play technology stocks. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may find the stock attractive when energy prices and drilling activity levels are on an upward trend. |
| Value investor | Strong fit | The stock often trades at valuation multiples that can be attractive relative to asset base during cyclical troughs. |
| Dividend investor | Strong fit | Patterson-UTI provides a consistent dividend, though payments can be sensitive to the cyclical nature of the energy industry. |
| Low-risk investor | Weak fit | The company's high sensitivity to oil and gas price volatility makes it unsuitable for conservative investors seeking stability. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | The company's revenue is directly tied to the highly volatile global oil and natural gas markets. |
| Valuation risk | Medium | Cyclical stocks can experience significant valuation swings based on shifts in investor sentiment and sector outlook. |
| Competition risk (Oilfield services) | Medium / high | Intense competition from rivals like Helmerich & Payne can pressure contract pricing and margins. |
| Business quality | Medium | While the company has a strong service fleet, the commodity-dependent business model inherently limits structural margins. |
| Dividend income | Medium | Dividend payouts depend on sustained profitability, which can be interrupted by severe industry downturns. |
| Execution risk | Medium | The ability to successfully integrate major acquisitions like NexTier and realize expected synergies is crucial for performance. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 15.18% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  2.0 |
| Profits based on simulation | Last Close 10/23/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 4.57B USD | Price to earnings Ratio - | 1Y Target Price 13.93 |
Price to earnings Ratio - | 1Y Target Price 13.93 | ||
Volume (30-day avg) 7.3M shares | Beta 0.78 | 52 Weeks Range 5.02 - 13.39 | Updated Date 10/25/2026 |
52 Weeks Range 5.02 - 13.39 | Updated Date 10/25/2026 | ||
Dividends yield (FY) 3.17% | Basic EPS (TTM) -0.23 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Contract Drilling | Day-rate contracts for drilling rigs in US shale basins. | The company gets paid a daily fee to operate its rigs for oil and gas producers. |
| Completion Services | Hydraulic fracturing and related well stimulation services. | Revenue is earned by helping customers prepare wells for production. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date 2026-10-28 | When After Market | Estimate 0.04 | Actual - |
Profitability
Profit Margin -1.92% | Operating Margin (TTM) -0.47% |
Management Effectiveness
Return on Assets (TTM) -0.91% | Return on Equity (TTM) -2.77% |
Valuation
Trailing PE - | Forward PE 35.97 | Enterprise Value 5.33B | Price to Sales(TTM) 0.98 |
Enterprise Value 5.33B | Price to Sales(TTM) 0.98 | ||
Enterprise Value to Revenue 1.14 | Enterprise Value to EBITDA 6.11 | Shares Outstanding 381.38M | Shares Floating 374.55M |
Shares Outstanding 381.38M | Shares Floating 374.55M | ||
Percent Insiders 1.92 | Percent Institutions 116.81 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
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