Patterson-UTI Energy, Inc. (PTEN)
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No price history available.
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 1,124 | 1,357 | 2,648 | 4,146 | 5,378 | 4,827 | 4,672 | 4,931 |
| Operating profit | $m | -25 | -53 | ||||||
| Net profit | $m | -804 | -655 | 155 | 246 | -968 | -94 | -90 | -8 |
| EPS reported | $ | -0.24 | -0.23 | ||||||
| Operating cashflow per share | $ | 2.51 | 1.93 | ||||||
| Capex per share | $ | 1.54 | 1.46 | ||||||
| FCF per share | $ | 0.97 | 0.47 | ||||||
| Free cash flow | $m | 372 | 178 | ||||||
| Net debt | $m | 800 | 1,007 | ||||||
| Book value equity | $m | 3,219 | 3,100 | ||||||
| Book value per share | $ | 8.39 | 8.16 | ||||||
| Number of shares | m | 383.47 | 379.89 | ||||||
| DPS (TTM paid) | $ | 0.32 | 0.38 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 0.73 | 0.76 | ||||||
| P/S LTM | x | 0.49 | 0.50 | ||||||
| P/FCF LTM | x | 6.30 | 13.18 | ||||||
| EV/EBITDA LTM | x | 3.53 | 3.81 | ||||||
| EV/Sales LTM | x | 0.66 | 1.15 | ||||||
| Earnings Yield LTM | % | -4.00% | -2.08% | ||||||
| FCF Yield | % | +15.89% | +7.59% | ||||||
| Quality | |||||||||
| ROE | % | -2.91% | -2.82% | ||||||
| ROIC | % | -0.48% | -1.16% | ||||||
| Operating margin | % | -0.52% | -1.14% | ||||||
| Gross margin | % | +4.76% | +14.20% | ||||||
| FCF/Sales | % | +7.71% | +3.80% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | -10.25% | -13.12% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | -25.14% | -64.25% | ||||||
| Operating Profit Growth | % | - | - | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | +5.23% | +3.17% | ||||||
| Dividend Growth | % | 0.00% | +18.75% | ||||||
| Payout Ratio | % | -133.06% | -155.73% | ||||||
| FCF/Debt | x | 0.29 | 0.14 | ||||||
| Net Debt/EBITDA | x | 0.95 | 1.26 | ||||||
| EBIT/Net interest | x | -0.36 | -0.73 | ||||||
| Net debt/market cap | % | +52.11% | +28.59% | ||||||
| Net debt/Equity | x | 0.25 | 0.32 | ||||||
| Gross debt/equity | x | 0.40 | 0.41 | ||||||
Price target estimates
Based on consensus from external analysts. Not Kvantra's opinion.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
ESG
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| ESG-score | |||
| Environmental score | |||
| Social score | |||
| Governance score | |||
| Risk rating |
Company overview
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
No price history available.
Consensus from external analysts. Not Kvantra's opinion.
Based on consensus from external analysts. Not Kvantra's opinion.
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.
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