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Upturn AI SWOT - About
PTEN 
Patterson-UTI Energy Inc (PTEN)
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Upturn Advisory Summary
04/01/2025: 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.
AI Based Fundamental Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Analysis of Past Performance
Type Stock | Historic Profit -18.43% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 3.24B USD | Price to earnings Ratio - | 1Y Target Price 10.77 |
Price to earnings Ratio - | 1Y Target Price 10.77 | ||
Volume (30-day avg) 11795097 | Beta 2 | 52 Weeks Range 7.03 - 12.21 | Updated Date 04/1/2025 |
52 Weeks Range 7.03 - 12.21 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 3.89% | Basic EPS (TTM) -2.44 |
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 -18% | Operating Margin (TTM) -2.4% |
Management Effectiveness
Return on Assets (TTM) 1.34% | Return on Equity (TTM) -23.3% |
Valuation
Trailing PE - | Forward PE 8.38 | Enterprise Value 4238093192 | Price to Sales(TTM) 0.6 |
Enterprise Value 4238093192 | Price to Sales(TTM) 0.6 | ||
Enterprise Value to Revenue 0.79 | Enterprise Value to EBITDA 14.77 | Shares Outstanding 386390016 | Shares Floating 349520935 |
Shares Outstanding 386390016 | Shares Floating 349520935 | ||
Percent Insiders 2.54 | Percent Institutions 106.22 |
Analyst Ratings
Rating 4.06 | Target Price 10.73 | Buy 6 | Strong Buy 6 |
Buy 6 | Strong Buy 6 | ||
Hold 5 | Sell - | Strong Sell - | |
Strong Sell - |
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 growth to become a major player in drilling and pressure pumping services.
Core Business Areas
- Drilling Services: Provides contract drilling services for oil and natural gas operators, operating a fleet of land-based drilling rigs in the United States.
- Pressure Pumping: Offers pressure pumping services, including hydraulic fracturing, cementing, and acidizing, to enhance oil and natural gas production.
- Directional Drilling: Provides directional drilling services. This includes tools and survey personnel for steering the wellbore during drilling operations. This service ensures a wellbore path that accurately targets the defined drilling objective and maximizes overall well economics.
Leadership and Structure
The leadership team consists of a Chief Executive Officer, Chief Financial Officer, and other senior executives. The organizational structure is divided into operational divisions focused on drilling, pressure pumping, and other service lines.
Top Products and Market Share
Key Offerings
- Contract Drilling Services: Provides land-based contract drilling. Competitors include Helmerich & Payne and Nabors Industries. Market share fluctuates based on rig count and utilization rates.
- Pressure Pumping Services: Offers hydraulic fracturing, cementing, and acidizing. Competitors include Halliburton and SLB. Market share varies depending on geographic region and customer demand.
Market Dynamics
Industry Overview
The oil and gas industry is cyclical and sensitive to commodity prices. Increased drilling activity leads to higher demand for drilling and pressure pumping services.
Positioning
Patterson-UTI Energy Inc. is a significant player in the North American land drilling and pressure pumping market. Its competitive advantages include a large fleet of modern drilling rigs and a strong reputation for safety and service quality.
Total Addressable Market (TAM)
The TAM for drilling and pressure pumping services is estimated to be in the tens of billions of dollars annually. Patterson-UTI Energy Inc. is positioned to capture a significant portion of this market.
Upturn SWOT Analysis
Strengths
- Large fleet of modern drilling rigs
- Strong pressure pumping capabilities
- Established customer relationships
- Geographic diversification
Weaknesses
- Exposure to commodity price volatility
- High capital expenditures
- Dependence on North American market
- Cyclical nature of the industry
Opportunities
- Increased drilling activity in shale plays
- Expansion into new geographic regions
- Development of new technologies
- Acquisition of smaller competitors
Threats
- Decline in commodity prices
- Increased competition
- Regulatory changes
- Environmental concerns
Competitors and Market Share
Key Competitors
- HP
- NAB
- SLB
- HAL
Competitive Landscape
Patterson-UTI Energy Inc. competes with larger and smaller players in the drilling and pressure pumping markets. Its competitive advantages include its fleet of modern rigs and its reputation for safety and service quality. They face competition from companies with broader service offerings and larger geographic footprints.
Major Acquisitions
Ulterra Drilling Technologies, L.P.
- Year: 2023
- Acquisition Price (USD millions): 380
- Strategic Rationale: Adds a leading provider of PDC drill bits used in oil and gas drilling, strengthening the company's technology portfolio and service capabilities.
Growth Trajectory and Initiatives
Historical Growth: Historical growth trends not available without live data feed.
Future Projections: Future growth projections not available without live data feed.
Recent Initiatives: Recent strategic initiatives are not available without a live data feed.
Summary
Patterson-UTI Energy Inc. is a key player in the drilling and pressure pumping services sector. It benefits from a modern rig fleet but faces industry cyclicality and commodity price volatility. Recent acquisitions are expected to strengthen its technological capabilities, but consistent performance relies heavily on market conditions and the price of Oil.
Similar Companies
HAL
Halliburton Company
HAL
Halliburton Company
HP
Helmerich and Payne Inc
HP
Helmerich and Payne Inc
NOV
NOV Inc.
NOV
NOV Inc.
OII
Oceaneering International Inc
OII
Oceaneering International Inc
SLB
Schlumberger NV
SLB
Schlumberger NV
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Financial news sources
Disclaimers:
This analysis is for informational purposes only and should not be considered investment advice. Market share figures are approximate and may vary. Live financial data would provide greater accuracy.
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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