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Upturn AI SWOT - About
PTEN 
Patterson-UTI Energy Inc (PTEN)
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Upturn Advisory Summary
08/28/2025: 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 $7.53
1 Year Target Price $7.53
| 5 | Strong Buy |
| 5 | Buy |
| 5 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -13.79% | 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 08/28/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.24B USD | Price to earnings Ratio - | 1Y Target Price 7.53 |
Price to earnings Ratio - | 1Y Target Price 7.53 | ||
Volume (30-day avg) 15 | Beta 1.3 | 52 Weeks Range 5.05 - 9.35 | Updated Date 08/29/2025 |
52 Weeks Range 5.05 - 9.35 | Updated Date 08/29/2025 | ||
Dividends yield (FY) 5.57% | Basic EPS (TTM) -2.71 |
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 3313965461 | Price to Sales(TTM) 0.45 |
Enterprise Value 3313965461 | Price to Sales(TTM) 0.45 | ||
Enterprise Value to Revenue 0.66 | Enterprise Value to EBITDA 36.34 | Shares Outstanding 385167008 | Shares Floating 348807690 |
Shares Outstanding 385167008 | Shares Floating 348807690 | ||
Percent Insiders 2.66 | Percent Institutions 110.9 |
Upturn AI SWOT
Patterson-UTI Energy Inc
Company Overview
History and Background
Patterson-UTI Energy, Inc. was founded in 1978 as Patterson Energy. It has grown through acquisitions and organic expansion to become a significant player in the drilling and pressure pumping sectors.
Core Business Areas
- Contract Drilling: Provides land-based contract drilling services to oil and natural gas operators in the United States.
- Pressure Pumping: Offers pressure pumping services, including hydraulic fracturing, cementing, and acidizing, primarily in Texas and the Appalachian Basin.
- Directional Drilling: Offers directional drilling and related services.
Leadership and Structure
The leadership team includes Andy Hendricks (CEO). The organizational structure comprises operational and support functions distributed across the drilling and pressure pumping segments.
Top Products and Market Share
Key Offerings
- Drilling Rigs: Patterson-UTI operates a fleet of land-based drilling rigs. Market share fluctuates with drilling activity; it competes with Nabors Industries (NBR) and Helmerich & Payne (HP). Revenue related to drilling activities contribute significantly to total revenue.
- Pressure Pumping Services: Provides hydraulic fracturing and related services. The market is highly competitive. Competitors include Halliburton (HAL) and SLB (SLB). Revenue from pressure pumping contributes a significant portion of total revenue, closely correlated with oil and gas production levels.
Market Dynamics
Industry Overview
The oilfield services industry is cyclical, driven by commodity prices and drilling activity. Increased demand typically results in higher service rates and increased utilization.
Positioning
Patterson-UTI is positioned as a leading land driller and pressure pumping service provider. Its competitive advantage stems from its modern rig fleet and operational efficiency.
Total Addressable Market (TAM)
The TAM for oilfield services is estimated to be hundreds of billions of dollars globally. Patterson-UTI captures a portion of this, primarily in the US land market, with its position heavily impacted by commodity prices.
Upturn SWOT Analysis
Strengths
- Modern Drilling Rig Fleet
- Strong Customer Relationships
- Experienced Management Team
- Integrated Service Offering
Weaknesses
- Cyclical Business Model
- Dependence on Commodity Prices
- High Capital Expenditures
- Exposure to Environmental Regulations
Opportunities
- Increased Drilling Activity
- Technological Advancements in Drilling and Fracking
- Expansion into New Geographies
- Acquisition Opportunities
Threats
- Declining Oil and Gas Prices
- Increased Competition
- Environmental Regulations
- Labor Shortages
Competitors and Market Share
Key Competitors
- NBR
- HP
- HAL
- SLB
Competitive Landscape
Patterson-UTI competes on price, service quality, and technology. Its modern rig fleet and operational efficiency provide a competitive edge.
Major Acquisitions
Ulterra Drilling Technologies
- Year: 2023
- Acquisition Price (USD millions): 594
- Strategic Rationale: Expanded directional drilling capabilities and product offerings, providing new technological advancements and expanding the portfolio of solutions offered.
Growth Trajectory and Initiatives
Historical Growth: Historical growth has been driven by acquisitions and organic expansion. Periods of high oil and gas prices have spurred significant growth.
Future Projections: Future growth depends on sustained oil and gas prices and continued drilling activity. Analyst estimates vary based on market outlook.
Recent Initiatives: Recent initiatives may include fleet upgrades, expansion of service offerings, and cost-cutting measures.
Summary
Patterson-UTI Energy Inc. is a key player in the cyclical oilfield services sector, known for its modern rig fleet and integrated services. While the company benefits from increased drilling activity, it faces challenges related to commodity price volatility and regulatory pressures. Recent acquisitions support growth, but financial performance remains dependent on the energy market. Overall, the company shows strength but requires careful management of cyclical risks.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Analyst reports
- Industry publications
Disclaimers:
The data provided is for informational purposes only and should not be considered investment advice. Market share figures are estimates and 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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