Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc.verified

PTEN

Price:

$8.2

Market Cap:

$3.22B

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

The ROE as of September 2024 (TTM) for Patterson-UTI Energy, Inc. (PTEN) is 2.62%

According to Patterson-UTI Energy, Inc.’s latest financial reports and current stock price. The company's current ROE is 2.62%. This represents a change of 301.06% compared to the average of 0.65% of the last 4 quarters.

Patterson-UTI Energy, Inc. (PTEN) Historical ROE (quarterly & annually)

How has PTEN ROE performed in the past?

The mean historical ROE of Patterson-UTI Energy, Inc. over the last ten years is -11.04%. The current 2.62% ROE has changed -123.70% with respect to the historical average. Over the past ten years (40 quarters), PTEN's ROE was at its highest in in the December 2022 quarter at 6.01%. The ROE was at its lowest in in the December 2021 quarter at -22.48%.

Quarterly (TTM)
Annual

Average

-11.04%

Median

-10.33%

Minimum

-40.83%

Maximum

9.29%

Patterson-UTI Energy, Inc. (PTEN) ROE by Quarter and Year

Discovering the peaks and valleys of Patterson-UTI Energy, Inc. ROE, 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 = 165.35%

Maximum Annual ROE = 9.29%

Minimum Annual Increase = -6278.76%

Minimum Annual ROE = -40.83%

Quarterly (TTM)
Annual
YearROEChange
20235.12%-44.88%
20229.29%-122.75%
2021-40.83%2.41%
2020-39.86%165.35%
2019-15.02%63.84%
2018-9.17%-6278.76%
20170.15%-101.05%
2016-14.17%23.23%
2015-11.50%-305.40%
20145.60%-17.94%

Patterson-UTI Energy, Inc. (PTEN) Average ROE

How has PTEN ROE performed in the past?

The current ROE of Patterson-UTI Energy, Inc. (PTEN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-8.81%

5-year avg

-16.26%

10-year avg

-11.04%

Patterson-UTI Energy, Inc. (PTEN) ROE vs. Peers

How is PTEN’s ROE compared to its peers?

Patterson-UTI Energy, Inc.’s ROE is greater than Nabors Industries Ltd. (-48.46%), less than Precision Drilling Corporation (14.37%), greater than Diamond Offshore Drilling, Inc. (-39.06%), less than Noble Corporation (15.30%), less than Helmerich & Payne, Inc. (12.38%), less than Seadrill Limited (15.77%), less than Borr Drilling Limited (7.70%), greater than Transocean Ltd. (-3.33%),

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