PTEN
Price:
$7.68
Market Cap:
$2.99B
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...[Read more]
Industry
Oil & Gas Drilling
IPO Date
1993-11-02
Stock Exchange
NASDAQ
Ticker
PTEN
According to Patterson-UTI Energy, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -3.49. This represents a change of -110.60% compared to the average of 32.94 of the last 4 quarters.
The mean historical PE Ratio of Patterson-UTI Energy, Inc. over the last ten years is 78.75. The current -3.49 PE Ratio has changed -543.17% with respect to the historical average. Over the past ten years (40 quarters), PTEN's PE Ratio was at its highest in in the September 2023 quarter at 19.39K. The PE Ratio was at its lowest in in the June 2018 quarter at -90.00.
Average
78.75
Median
-1.87
Minimum
-12.35
Maximum
772.63
Discovering the peaks and valleys of Patterson-UTI Energy, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 103.82%
Maximum Annual PE Ratio = 772.63
Minimum Annual Increase = -6356.84%
Minimum Annual PE Ratio = -12.35
Year | PE Ratio | Change |
---|---|---|
2023 | 12.26 | -47.87% |
2022 | 23.51 | -1037.50% |
2021 | -2.51 | 103.82% |
2020 | -1.23 | -75.43% |
2019 | -5.01 | -28.87% |
2018 | -7.04 | -100.91% |
2017 | 772.63 | -6356.84% |
2016 | -12.35 | 65.83% |
2015 | -7.45 | -150.68% |
2014 | 14.69 | -24.42% |
The current PE Ratio of Patterson-UTI Energy, Inc. (PTEN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
11.09
5-year avg
5.40
10-year avg
78.75
Patterson-UTI Energy, Inc.’s PE Ratio is less than Nabors Industries Ltd. (-3.22), less than Precision Drilling Corporation (4.74), greater than Diamond Offshore Drilling, Inc. (-5.32), less than Noble Corporation Plc (8.61), less than Helmerich & Payne, Inc. (8.74), less than Seadrill Limited (5.67), less than Borr Drilling Limited (10.73), greater than Transocean Ltd. (-4.98),
Company | PE Ratio | Market cap |
---|---|---|
-3.22 | $512.98M | |
4.74 | $795.93M | |
-5.32 | $1.44B | |
8.61 | $4.63B | |
8.74 | $3.01B | |
5.67 | $2.50B | |
10.73 | $904.23M | |
-4.98 | $3.09B |
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