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Upturn AI SWOT - About
PTEN 
Patterson-UTI Energy Inc (PTEN)
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Upturn Advisory Summary
09/15/2025: 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
Moderately tracked stock, growing coverage, gaining market and investor attention.
1 Year Target Price $7.46
1 Year Target Price $7.46
| 5 | Strong Buy |
| 5 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -15.63% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/15/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.13B USD | Price to earnings Ratio - | 1Y Target Price 7.46 |
Price to earnings Ratio - | 1Y Target Price 7.46 | ||
Volume (30-day avg) 15 | Beta 1.35 | 52 Weeks Range 4.98 - 9.22 | Updated Date 09/15/2025 |
52 Weeks Range 4.98 - 9.22 | Updated Date 09/15/2025 | ||
Dividends yield (FY) 5.78% | Basic EPS (TTM) -2.65 |
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 -21.49% | Operating Margin (TTM) -0.1% |
Management Effectiveness
Return on Assets (TTM) 0.04% | Return on Equity (TTM) -27.07% |
Valuation
Trailing PE - | Forward PE 8.38 | Enterprise Value 3236931961 | Price to Sales(TTM) 0.43 |
Enterprise Value 3236931961 | Price to Sales(TTM) 0.43 | ||
Enterprise Value to Revenue 0.64 | Enterprise Value to EBITDA 35.5 | Shares Outstanding 385167008 | Shares Floating 348807690 |
Shares Outstanding 385167008 | Shares Floating 348807690 | ||
Percent Insiders 2.66 | Percent Institutions 110.93 |
Upturn AI SWOT
Patterson-UTI Energy Inc
Company Overview
History and Background
Patterson-UTI Energy, Inc. was formed in 2001 through the merger of Patterson Energy and UTI Energy. It has grown through acquisitions and organic expansion to become a major player in drilling and pressure pumping services.
Core Business Areas
- Contract Drilling Services: Operates a fleet of land-based drilling rigs in the United States, providing drilling services for oil and natural gas wells.
- Directional Drilling Services: Provides directional drilling services, including measurement-while-drilling (MWD) and logging-while-drilling (LWD).
- Pressure Pumping Services: Offers pressure pumping services, including hydraulic fracturing and cementing.
- Other Services: Provides services such as rentals of specialized equipment and technology.
Leadership and Structure
The leadership team includes Andy Hendricks (CEO). The company is structured with various functional departments overseeing operations, finance, and other key areas.
Top Products and Market Share
Key Offerings
- Drilling Rigs: Patterson-UTI provides land-based drilling rigs. Competitors include Nabors Industries and Helmerich & Payne. Difficult to get specific market share.
- Pressure Pumping Fleets: Offers pressure pumping services for well stimulation. Competitors include Halliburton and SLB. Difficult to get specific market share.
- Directional Drilling: Offers directional drilling services. Competitors include SLB and Baker Hughes. Difficult to get specific market share.
Market Dynamics
Industry Overview
The oil and gas industry is cyclical, with activity levels highly dependent on commodity prices. Current trends include a focus on efficiency and technological advancements. Demand for services varies with oil and gas prices.
Positioning
Patterson-UTI is a well-established player in the North American land drilling market. Its competitive advantages include a modern rig fleet and a strong reputation for safety and reliability.
Total Addressable Market (TAM)
The TAM for oilfield services is estimated to be in the hundreds of billions of dollars globally. Patterson-UTI captures a portion of this through its land drilling, pressure pumping, and directional drilling services, and they are well positioned
Upturn SWOT Analysis
Strengths
- Modern Rig Fleet
- Strong Reputation for Safety
- Diversified Service Offerings
- Experienced Management Team
Weaknesses
- Exposure to Cyclical Oil and Gas Market
- Capital Intensive Business
- Debt Levels
- Reliance on North American Market
Opportunities
- Increased Drilling Activity due to Higher Oil Prices
- Expansion into New Geographies
- Technological Advancements in Drilling and Completion Techniques
- Acquisitions of Smaller Competitors
Threats
- Decline in Oil and Gas Prices
- Increased Competition
- Regulatory Changes Affecting Drilling
- Labor Shortages
Competitors and Market Share
Key Competitors
- HP
- NAB
- NOV
Competitive Landscape
Patterson-UTI competes with other major drilling and pressure pumping companies. Its advantages include its modern fleet and safety record. Its disadvantages include its reliance on the North American market.
Major Acquisitions
Ulterra Drilling Technologies
- Year: 2023
- Acquisition Price (USD millions): 370
- Strategic Rationale: Expanded technological capabilities and strengthened drilling solutions.
Growth Trajectory and Initiatives
Historical Growth: Patterson-UTI has grown through acquisitions and organic expansion. Growth rates have varied depending on the state of the oil and gas market.
Future Projections: Future growth is linked to oil and gas prices and drilling activity. Analysts' estimates vary based on market conditions.
Recent Initiatives: Recent initiatives include investments in modernizing its rig fleet and expanding its service offerings.
Summary
Patterson-UTI Energy Inc. is a significant player in the oil and gas drilling and pressure pumping services sector. The company benefits from a modern rig fleet and a solid reputation for safety. However, it is exposed to the cyclical nature of the oil and gas market. Successfully navigating market fluctuations and further diversifying service offerings are crucial for sustained growth.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Market conditions are subject to change, and past performance is not indicative of future results.
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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