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Upturn AI SWOT - About
PTEN 
Patterson-UTI Energy Inc (PTEN)
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Upturn Advisory Summary
06/13/2025: PTEN (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Number of Analysts
15 Analysts rated it
Well-followed company, solid analyst reports, reliable data for confident investing.
1 Year Target Price $8.39
1 Year Target Price $8.39
| 5 | Strong Buy |
| 5 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -7.29% | Avg. Invested days 30 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/13/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.29B USD | Price to earnings Ratio - | 1Y Target Price 8.39 |
Price to earnings Ratio - | 1Y Target Price 8.39 | ||
Volume (30-day avg) 15 | Beta 1.32 | 52 Weeks Range 5.05 - 10.80 | Updated Date 06/30/2025 |
52 Weeks Range 5.05 - 10.80 | Updated Date 06/30/2025 | ||
Dividends yield (FY) 5.42% | Basic EPS (TTM) -2.58 |
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 - | When - | Estimate - | Actual - |
Profitability
Profit Margin -19.78% | Operating Margin (TTM) 1.36% |
Management Effectiveness
Return on Assets (TTM) 0.58% | Return on Equity (TTM) -24.84% |
Valuation
Trailing PE - | Forward PE 8.38 | Enterprise Value 3348143388 | Price to Sales(TTM) 0.44 |
Enterprise Value 3348143388 | Price to Sales(TTM) 0.44 | ||
Enterprise Value to Revenue 0.65 | Enterprise Value to EBITDA 19.23 | Shares Outstanding 385987008 | Shares Floating 349576870 |
Shares Outstanding 385987008 | Shares Floating 349576870 | ||
Percent Insiders 2.65 | Percent Institutions 106.35 |
Analyst Ratings
Rating 4 | Target Price 8.39 | Buy 5 | Strong Buy 5 |
Buy 5 | Strong Buy 5 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Patterson-UTI Energy Inc
Company Overview
History and Background
Patterson-UTI Energy, Inc. (PTEN) was formed in 2001 through the merger of Patterson Energy and UTI Energy. The company has grown through acquisitions and organic growth, becoming a major player in the drilling and pressure pumping markets.
Core Business Areas
- Contract Drilling Services: Provides onshore contract drilling services to exploration and production (E&P) companies in the United States.
- Pressure Pumping Services: Offers pressure pumping services, including hydraulic fracturing and cementing, to E&P companies.
- Directional Drilling Services: Offers directional drilling and measurement-while-drilling (MWD) services. Includes rental equipment and technology solutions.
Leadership and Structure
The company is led by a board of directors and an executive management team. Key executives include the CEO, CFO, and heads of the various business segments. Organizational structure is functional, with distinct departments for drilling, pressure pumping, and corporate functions.
Top Products and Market Share
Key Offerings
- Contract Drilling Rigs: Patterson-UTI operates a fleet of land-based drilling rigs. Market share data varies. Competitors include Nabors Industries (NBR), Helmerich & Payne (HP), and Precision Drilling (PXD).
- Hydraulic Fracturing Services: Provides hydraulic fracturing services. Competitors include Halliburton (HAL), SLB (SLB), and Baker Hughes (BKR).
Market Dynamics
Industry Overview
The oilfield services industry is cyclical and dependent on oil and gas prices. Demand for drilling and pressure pumping services is driven by E&P spending.
Positioning
Patterson-UTI is positioned as a leading provider of drilling and pressure pumping services in the U.S. onshore market, with a strong presence in key shale basins.
Total Addressable Market (TAM)
The TAM for oilfield services is substantial, estimated to be in the hundreds of billions of dollars globally. Patterson-UTI captures a segment of this market through its US-based operations.
Upturn SWOT Analysis
Strengths
- Large fleet of drilling rigs
- Strong pressure pumping capabilities
- Established relationships with E&P companies
- Geographic diversification across major shale basins
- Well-maintained equipment.
Weaknesses
- Cyclical business model
- Dependence on oil and gas prices
- Exposure to environmental regulations
- Competitive market
- Integration risks from acquisitions.
Opportunities
- Increasing demand for oil and gas
- Growth in shale production
- Technological advancements in drilling and fracking
- Expansion into new markets
- Acquisition of smaller competitors.
Threats
- Declining oil and gas prices
- Increased competition
- Environmental regulations
- Geopolitical risks
- Labor shortages
Competitors and Market Share
Key Competitors
- NBR
- HP
- SLB
- HAL
- BKR
- PXD
Competitive Landscape
Patterson-UTI competes with other major oilfield services companies, with competition based on price, technology, and service quality.
Major Acquisitions
Ulterra Drilling Technologies
- Year: 2023
- Acquisition Price (USD millions): 375
- Strategic Rationale: Expansion of product offering. Increased revenue, profits, and free cash flow.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by organic expansion and acquisitions. The company has invested in new drilling rigs and expanded its pressure pumping capabilities.
Future Projections: Analyst estimates vary depending on the outlook for oil and gas prices. Future growth is expected to be driven by increased drilling activity and technological advancements.
Recent Initiatives: Recent strategic initiatives may include investments in new technologies, expansion into new geographic areas, and cost-cutting measures.
Summary
Patterson-UTI Energy Inc. operates in a cyclical market reliant on oil prices. It possesses a substantial rig fleet and broad service offerings; however, financial performance can fluctuate significantly. Strategic acquisitions and cost-cutting measures are critical to maintaining competitiveness, especially given increasing environmental concerns and volatile commodity prices. PTEN must adapt to market shifts to ensure stable profitability.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market data and analyst estimates are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Patterson-UTI Energy Inc
Exchange NASDAQ | Headquaters Houston, TX, United States | ||
IPO Launch date 1993-11-02 | President, CEO & Director Mr. William Andrew Hendricks Jr. | ||
Sector Energy | Industry Oil & Gas Drilling | Full time employees 9200 | Website https://www.patenergy.com |
Full time employees 9200 | Website https://www.patenergy.com | ||
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 and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision od 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; and servicing and re-certification of equipment for drilling contractors. 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, 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, and cementing; and is 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.
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