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PTEN | Patterson-UTI Energy, Inc. Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 7.45 - 7.79
52 Week Range 7.38 - 13.10
Beta 2.26
Implied Volatility 56.97%
IV Rank 72.69%
Day's Volume 10,882,390
Average Volume 7,610,525
Shares Outstanding 389,956,000
Market Cap 2,967,565,160
Sector Energy
Industry Oil & Gas Drilling
IPO Date 1993-11-02
Valuation
Profitability
Growth
Health
P/E Ratio -3.46
Forward P/E Ratio N/A
EPS -2.20
1YR Price Target N/A
Dividend Yield 4.31%
Dividend Per Share 0.33
Dividend ExDate N/A
Dividend PayDate N/A
Employees 10,600
Country USA
Website PTEN
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.
PTEN's peers: BORR, HP, NBR, NE, PDS, DO, SDRL, RIG
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Analyzing fundamentals for PTEN we got that it has weak fundamentals where Valuation is considered to be slightly undervalued, Profitability is unacceptably poor, Growth is on medium level and Health is very weak. For more detailed analysis please see PTEN Fundamentals page.

Watching at PTEN technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on PTEN Technicals page.
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