Patterson-UTI Energy Inc. (PTEN)
Patterson-UTI Energy Statistics
Share Statistics
Patterson-UTI Energy has 386.39M shares outstanding. The number of shares has increased by -4.47% in one year.
| Shares Outstanding | 386.39M |
| Shares Change (YoY) | -4.47% |
| Shares Change (QoQ) | -0.79% |
| Owned by Institutions (%) | 97.72% |
| Shares Floating | 348.31M |
| Failed to Deliver (FTD) Shares | 43.04K |
| FTD / Avg. Volume | 0.46% |
Short Selling Information
The latest short interest is 24.41M, so 6.26% of the outstanding shares have been sold short.
| Short Interest | 24.41M |
| Short % of Shares Out | 6.26% |
| Short % of Float | 6.95% |
| Short Ratio (days to cover) | 2.58 |
Valuation Ratios
The PE ratio is -3.39 and the forward PE ratio is -110.8. Patterson-UTI Energy's PEG ratio is 0.01.
| PE Ratio | -3.39 |
| Forward PE | -110.8 |
| PS Ratio | 0.61 |
| Forward PS | 0.6 |
| PB Ratio | 0.95 |
| P/FCF Ratio | 6.6 |
| PEG Ratio | 0.01 |
Enterprise Valuation
Patterson-UTI Energy Inc. has an Enterprise Value (EV) of 4.17B.
| EV / Earnings | -4.31 |
| EV / Sales | 0.78 |
| EV / EBITDA | 14.54 |
| EV / EBIT | -4.69 |
| EV / FCF | 8.39 |
Financial Position
The company has a current ratio of 1.54, with a Debt / Equity ratio of 0.02.
| Current Ratio | 1.54 |
| Quick Ratio | 1.34 |
| Debt / Equity | 0.02 |
| Total Debt / Capitalization | 2.24 |
| Cash Flow / Debt | 14.8 |
| Interest Coverage | -12.36 |
Financial Efficiency
Return on equity (ROE) is -0.28% and return on capital (ROIC) is -25.27%.
| Return on Equity (ROE) | -0.28% |
| Return on Assets (ROA) | -0.17% |
| Return on Capital (ROIC) | -25.27% |
| Revenue Per Employee | $584,555.54 |
| Profits Per Employee | $-105,220.76 |
| Employee Count | 9,200 |
| Asset Turnover | 0.92 |
| Inventory Turnover | 30.49 |
Taxes
| Income Tax | 9.45M |
| Effective Tax Rate | -0.01 |
Stock Price Statistics
The stock price has increased by -35.6% in the last 52 weeks. The beta is 2, so Patterson-UTI Energy's price volatility has been higher than the market average.
| Beta | 2 |
| 52-Week Price Change | -35.6% |
| 50-Day Moving Average | 8.42 |
| 200-Day Moving Average | 8.92 |
| Relative Strength Index (RSI) | 35.62 |
| Average Volume (20 Days) | 9.41M |
Income Statement
In the last 12 months, Patterson-UTI Energy had revenue of 5.38B and earned -968.03M in profits. Earnings per share was -2.44.
| Revenue | 5.38B |
| Gross Profit | 286.17M |
| Operating Income | -889.74M |
| Net Income | -968.03M |
| EBITDA | 286.89M |
| EBIT | -889.74M |
| Earnings Per Share (EPS) | -2.44 |
Balance Sheet
The company has 239.18M in cash and 79.44M in debt, giving a net cash position of 159.74M.
| Cash & Cash Equivalents | 239.18M |
| Total Debt | 79.44M |
| Net Cash | 159.74M |
| Retained Earnings | -1.04B |
| Total Assets | 5.83B |
| Working Capital | 453.32M |
Cash Flow
In the last 12 months, operating cash flow was 1.18B and capital expenditures -678.39M, giving a free cash flow of 497.15M.
| Operating Cash Flow | 1.18B |
| Capital Expenditures | -678.39M |
| Free Cash Flow | 497.15M |
| FCF Per Share | 1.25 |
Margins
Gross margin is 5.32%, with operating and profit margins of -16.54% and -18%.
| Gross Margin | 5.32% |
| Operating Margin | -16.54% |
| Pretax Margin | -17.79% |
| Profit Margin | -18% |
| EBITDA Margin | 5.33% |
| EBIT Margin | -16.54% |
| FCF Margin | 9.24% |
Dividends & Yields
PTEN pays an annual dividend of $0.32, which amounts to a dividend yield of 3.85%.
| Dividend Per Share | $0.32 |
| Dividend Yield | 3.85% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | -13.11% |
| Earnings Yield | -32.58% |
| FCF Yield | 17.18% |
Analyst Forecast
The average price target for PTEN is $11, which is 46.9% higher than the current price. The consensus rating is "Buy".
| Price Target | $11 |
| Price Target Difference | 46.9% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Stock Splits
The last stock split was on Jul 1, 2004. It was a forward split with a ratio of 2:1.
| Last Split Date | Jul 1, 2004 |
| Split Type | forward |
| Split Ratio | 2:1 |
Scores
| Altman Z-Score | 1.31 |
| Piotroski F-Score | 5 |