Patterson-UTI Energy 주식 (NASDAQ: PTEN)

Patterson-UTI Energy (NASDAQ:PTEN) 주식

Patterson-UTI Energy

Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.

Patterson-UTI Energy, Inc. - Common Stock

Patterson-UTI Energy Inc

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Shares of energy stocks are trading lower amid a drop in oil and natural gas prices following a decline in US Q1 GDP, which could weigh on demand outlook.

Barclays analyst David Anderson maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Overweight and lowers the price target from $11 to $8.

News

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Analyst Ratings

Barclays Maintains Overweight on Patterson-UTI Energy, Lowers Price Target to $8

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Earnings Scheduled For April 23, 2025

Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) is preparing to release its quarterly earnings on Wednesday, 2025-04-23. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Patterson-UTI Energy to report an earnings per share (EPS) of $-0.04.
The market awaits Patterson-UTI Energy's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
<h3>Earnings Track Record</h3>
The company's EPS missed by $0.04 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at Patterson-UTI Energy's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>-0.09</td>
<td>0.03</td>
<td>0.09</td>
<td>0.13</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>-0.13</td>
<td>0</td>
<td>0.03</td>
<td>0.15</td>
</tr>
<tr>
<td>Price Change %</td>
<td>0.0%</td>
<td>2.0%</td>
<td>5.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745352077_0.png" alt="eps graph" />
<h3>Market Performance of Patterson-UTI Energy's Stock</h3>
Shares of Patterson-UTI Energy were trading at $5.88 as of April 21. Over the last 52-week period, shares are down 48.87%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release. 
<h3>Analysts' Perspectives on Patterson-UTI Energy</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Patterson-UTI Energy.
Analysts have provided Patterson-UTI Energy with 4 ratings, resulting in a consensus rating of Neutral. The average one-year price target stands at $9.5, suggesting a potential 61.56% upside.
<h3>Peer Ratings Comparison</h3>
This comparison focuses on the analyst ratings and average 1-year price targets of Valaris, Helmerich &amp; Payne and Noble Corp, three major players in the industry, shedding light on their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Neutral trajectory for Valaris, with an average 1-year price target of $42.33, suggesting a potential 619.9% upside.</li>
<li>Analysts currently favor an Neutral trajectory for Helmerich &amp; Payne, with an average 1-year price target of $28.5, suggesting a potential 384.69% upside.</li>
<li>Analysts currently favor an Outperform trajectory for Noble Corp, with an average 1-year price target of $31.0, suggesting a potential 427.21% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
The peer analysis summary offers a detailed examination of key metrics for Valaris, Helmerich &amp; Payne and Noble Corp, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Patterson-UTI Energy</td>
<td>Neutral</td>
<td>-26.65%</td>
<td>$47.88M</td>
<td>-1.47%</td>
</tr>
<tr>
<td>Valaris</td>
<td>Neutral</td>
<td>20.79%</td>
<td>$135.20M</td>
<td>6.14%</td>
</tr>
<tr>
<td>Helmerich &amp; Payne</td>
<td>Neutral</td>
<td>0.02%</td>
<td>$166.37M</td>
<td>1.84%</td>
</tr>
<tr>
<td>Noble Corp</td>
<td>Outperform</td>
<td>44.23%</td>
<td>$222.53M</td>
<td>2.07%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Patterson-UTI Energy ranks at the bottom for Revenue Growth and Gross Profit, while it is in the middle for Return on Equity.
<h3>All You Need to Know About Patterson-UTI Energy</h3>
Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
<h3>Patterson-UTI Energy's Economic Impact: An Analysis</h3>
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Challenges: Patterson-UTI Energy's revenue growth over 3 months faced difficulties. As of 31 December, 2024, the company experienced a decline of approximately -26.65%. This indicates a decrease in top-line earnings. When compared to others in the Energy sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Patterson-UTI Energy's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -4.44%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Patterson-UTI Energy's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of -1.47%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -0.87%, the company may need to address challenges in generating satisfactory returns from its assets.
Debt Management: With a below-average debt-to-equity ratio of 0.37, Patterson-UTI Energy adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/PTEN/earnings">To track all earnings releases for Patterson-UTI Energy visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Exploring Patterson-UTI Energy's Earnings Expectations

4 analysts have expressed a variety of opinions on Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
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</thead>
<tbody>
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<td>Total Ratings</td>
<td align="right">1</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
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<td>Last 30D</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
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<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
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<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
In the assessment of 12-month price targets, analysts unveil insights for Patterson-UTI Energy, presenting an average target of $9.5, a high estimate of $12.00, and a low estimate of $8.00. This current average has decreased by 13.64% from the previous average price target of $11.00. 
<img src="https://www.benzinga.com/files/images/story/2025/1744747242_0.png" alt="price target chart" />
<h2>Breaking Down Analyst Ratings: A Detailed Examination</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Patterson-UTI Energy. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
&#x7C; Analyst &#x7C; Analyst Firm &#x7C; Action Taken &#x7C; Rating &#x7C;Current Price Target&#x7C; Prior Price Target &#x7C; 
&#x7C;--------------------&#x7C;--------------------&#x7C;---------------&#x7C;---------------&#x7C;--------------------&#x7C;--------------------&#x7C; 
&#x7C;Stephen Gengaro &#x7C;Stifel &#x7C;Lowers &#x7C;Buy &#x7C; $12.00&#x7C;$13.00 &#x7C; 
&#x7C;Charles Minervino &#x7C;Susquehanna &#x7C;Lowers &#x7C;Positive &#x7C; $9.00&#x7C;$10.00 &#x7C; 
&#x7C;Ati Modak &#x7C;Goldman Sachs &#x7C;Lowers &#x7C;Neutral &#x7C; $8.00&#x7C;$11.00 &#x7C; 
&#x7C;Daniel Kutz &#x7C;Morgan Stanley &#x7C;Lowers &#x7C;Equal-Weight &#x7C; $9.00&#x7C;$10.00 &#x7C;
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Patterson-UTI Energy. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Patterson-UTI Energy compared to the broader market.</li>
<li>Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Patterson-UTI Energy's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Patterson-UTI Energy's market position. Stay informed and make well-informed decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/PTEN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Patterson-UTI Energy analyst ratings.</a>
<h2>Unveiling the Story Behind Patterson-UTI Energy</h2>
Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
<h3>Understanding the Numbers: Patterson-UTI Energy's Finances</h3>
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Decline in Revenue: Over the 3M period, Patterson-UTI Energy faced challenges, resulting in a decline of approximately -26.65% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Energy sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -4.44%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Patterson-UTI Energy's ROE stands out, surpassing industry averages. With an impressive ROE of -1.47%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Patterson-UTI Energy's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.87%, the company may face hurdles in achieving optimal financial returns.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.37.
<h2>The Basics of Analyst Ratings</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Expectations For Patterson-UTI Energy's Future

Stifel analyst Stephen Gengaro maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Buy and lowers the price target from $13 to $12.

Stifel Maintains Buy on Patterson-UTI Energy, Lowers Price Target to $12

Susquehanna analyst Charles Minervino maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Positive and lowers the price target from $10 to $9.

Susquehanna Maintains Positive on Patterson-UTI Energy, Lowers Price Target to $9

Goldman Sachs analyst Ati Modak maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Neutral and lowers the price target from $11 to $8.

Goldman Sachs Maintains Neutral on Patterson-UTI Energy, Lowers Price Target to $8

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Shares of energy companies are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

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Shares of energy companies are trading higher following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Morgan Stanley analyst Daniel Kutz maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Equal-Weight and lowers the price target from $10 to $9.

Morgan Stanley Maintains Equal-Weight on Patterson-UTI Energy, Lowers Price Target to $9

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Shares of energy companies are trading higher amid ongoing volatility, possibly concerning tariff delays, global conflict and recent OPEC+ production.

PATTERSON-UTI ENERGY, INC. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States. For the two months ended February 28, 2025, the Company had an average of 107 drilling rigs operating in the United States.
Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.

Reported Earlier, Patterson-UTI Maintains 107 Active Drilling Rigs in US for First Two Months of 2025

Shares of companies in the broader energy sector are trading lower after president Trump confirmed Mar 4 tariffs, which could affect demand outlook.

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Shares of oil and gas companies are trading lower amid a rise in US crude inventories.

Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) reported quarterly losses of $(0.13) per share which missed the analyst consensus estimate of $(0.08) by 62.5 percent. This is a 186.67 percent decrease over earnings of $0.15 per share from the same period last year. The company reported quarterly sales of $1.162 billion which missed the analyst consensus estimate of $1.246 billion by 6.72 percent. This is a 26.64 percent decrease over sales of $1.584 billion the same period last year.

Earnings Misses

Patterson-UTI Energy Q4 2024 GAAP EPS $(0.13) Misses $(0.08) Estimate, Sales $1.162B Miss $1.246B Estimate

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Earnings Scheduled For February 5, 2025

Stifel analyst Stephen Gengaro maintains Patterson-UTI Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTEN#NASDAQ">PTEN</a>) with a Buy and lowers the price target from $14 to $13.

Stifel Maintains Buy on Patterson-UTI Energy, Lowers Price Target to $13

Patterson-UTI Reports Average Of 105 Drilling Rigs Operating In The U.S. For November 2024, Consistent With Two-Month Average Through November 30

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Shares of oil and fossil fuel companies are trading higher following the US presidential election. Investors may be weighing the potential impact of Donald Trump's energy policies on the sector.

Press Releases

Patterson-UTI Reports Drilling Activity for October 2024

Patterson-UTI Reports Drilling Activity for November 2024

Patterson-UTI Reports Drilling Activity for December 2024

Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast

Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2024

Patterson-UTI Reports Drilling Activity for January 2025

Patterson-UTI Reports Drilling Activity for February 2025

Patterson-UTI Reports Drilling Activity for March 2025

Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast

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