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Patterson-UTI Energy (PTEN) Competitors

$10.33
-0.02 (-0.19%)
(As of 11:05 AM ET)

PTEN vs. HP, OMP, NBR, VAL, RIG, HPK, PDS, BORR, ICD, and AMNI

Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Oasis Midstream Partners (OMP), Nabors Industries (NBR), Valaris (VAL), Transocean (RIG), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Independence Contract Drilling (ICD), and American Noble Gas (AMNI). These companies are all part of the "oils/energy" sector.

Patterson-UTI Energy vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Helmerich & Payne (NYSE:HP) are both mid-cap oils/energy companies, but which is the superior investment? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, risk, profitability, earnings, media sentiment, community ranking and analyst recommendations.

In the previous week, Helmerich & Payne had 7 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 10 mentions for Helmerich & Payne and 3 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 1.50 beat Helmerich & Payne's score of 0.19 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
2 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Helmerich & Payne
3 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Helmerich & Payne has a net margin of 12.84% compared to Patterson-UTI Energy's net margin of 4.07%. Helmerich & Payne's return on equity of 13.21% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy4.07% 7.13% 4.57%
Helmerich & Payne 12.84%13.21%8.31%

97.9% of Patterson-UTI Energy shares are owned by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are owned by institutional investors. 2.3% of Patterson-UTI Energy shares are owned by company insiders. Comparatively, 4.4% of Helmerich & Payne shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Patterson-UTI Energy currently has a consensus price target of $15.67, indicating a potential upside of 51.37%. Helmerich & Payne has a consensus price target of $42.00, indicating a potential upside of 18.91%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, research analysts plainly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90

Helmerich & Payne has lower revenue, but higher earnings than Patterson-UTI Energy. Helmerich & Payne is trading at a lower price-to-earnings ratio than Patterson-UTI Energy, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B1.00$246.29M$0.6815.22
Helmerich & Payne$2.75B1.27$434.10M$3.5010.09

Patterson-UTI Energy received 104 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%

Patterson-UTI Energy has a beta of 2.18, meaning that its stock price is 118% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.47, meaning that its stock price is 47% more volatile than the S&P 500.

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.1%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.8%. Patterson-UTI Energy pays out 47.1% of its earnings in the form of a dividend. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 12 of the 21 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PTEN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PTEN vs. The Competition

MetricPatterson-UTI EnergyDrilling oil & gas wells IndustryEnergy SectorNASDAQ Exchange
Market Cap$4.16B$1.14B$7.80B$8.18B
Dividend Yield3.09%3.38%11.52%4.02%
P/E Ratio15.225.3415.1617.21
Price / Sales1.002.72114.4570.01
Price / Cash4.088.2310.5531.19
Price / Book0.900.733.384.39
Net Income$246.29M-$199.48M$974.48M$215.75M
7 Day Performance-6.08%-4.77%-2.59%-0.35%
1 Month Performance-5.91%-1.78%0.29%0.31%
1 Year Performance-9.69%-7.75%1.99%2.58%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
3.4489 of 5 stars
$38.06
+3.1%
$42.00
+10.4%
+7.5%$3.76B$2.87B10.876,200Dividend Cut
News Coverage
OMP
Oasis Midstream Partners
0 of 5 stars
$23.86
flat
N/AN/A$1.16B$347.86M6.252,020
NBR
Nabors Industries
1.3906 of 5 stars
$74.76
+4.0%
$124.75
+66.9%
-30.6%$799.93M$3.05B-5.4112,000Positive News
VAL
Valaris
3.1346 of 5 stars
$77.40
+2.4%
$99.20
+28.2%
+14.9%$5.60B$1.78B6.775,985Positive News
RIG
Transocean
2.8027 of 5 stars
$6.20
+5.1%
$7.70
+24.2%
-13.5%$5.08B$2.83B-11.925,800
HPK
HighPeak Energy
2.2673 of 5 stars
$15.78
+1.0%
$23.60
+49.6%
-0.7%$2.02B$1.11B12.7348Positive News
PDS
Precision Drilling
2.1034 of 5 stars
$74.56
+2.6%
$48.00
-35.6%
+49.9%$1.08B$1.44B6.555,560
BORR
Borr Drilling
3.1497 of 5 stars
$6.89
+1.2%
$9.00
+30.6%
-17.9%$1.05B$771.60M40.532,869
ICD
Independence Contract Drilling
0 of 5 stars
$1.45
flat
N/A-50.3%$22.05M$210.11M-0.44450Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.04
+79.5%
N/AN/A$907,000.00$120,000.00-0.293Gap Up

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This page (NASDAQ:PTEN) was last updated on 6/7/2024 by MarketBeat.com Staff

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