PTEN vs. HP, RIG, VAL, HPK, CWEN, SSL, TDW, NOG, BEPC, and WHD
Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Clearway Energy (CWEN), Sasol (SSL), Tidewater (TDW), Northern Oil and Gas (NOG), Brookfield Renewable (BEPC), and Cactus (WHD). These companies are all part of the "oils/energy" sector.
Helmerich & Payne (NYSE:HP) and Patterson-UTI Energy (NASDAQ:PTEN) are both mid-cap oils/energy companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, dividends, media sentiment, risk, valuation, profitability, community ranking, analyst recommendations and institutional ownership.
Helmerich & Payne has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.23, suggesting that its share price is 123% more volatile than the S&P 500.
Helmerich & Payne currently has a consensus target price of $42.63, indicating a potential upside of 10.80%. Patterson-UTI Energy has a consensus target price of $16.08, indicating a potential upside of 50.59%. Given Helmerich & Payne's stronger consensus rating and higher possible upside, analysts clearly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.
Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.0%. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Patterson-UTI Energy pays out 47.1% 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.
Helmerich & Payne has a net margin of 12.84% compared to Helmerich & Payne's net margin of 4.07%. Patterson-UTI Energy's return on equity of 13.21% beat Helmerich & Payne's return on equity.
Patterson-UTI Energy received 103 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.28% of users gave Patterson-UTI Energy an outperform vote while only 54.57% of users gave Helmerich & Payne an outperform vote.
96.1% of Helmerich & Payne shares are held by institutional investors. Comparatively, 97.9% of Patterson-UTI Energy shares are held by institutional investors. 4.4% of Helmerich & Payne shares are held by insiders. Comparatively, 2.3% of Patterson-UTI Energy shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
In the previous week, Helmerich & Payne had 6 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 22 mentions for Helmerich & Payne and 16 mentions for Patterson-UTI Energy. Helmerich & Payne's average media sentiment score of 0.69 beat Patterson-UTI Energy's score of 0.27 indicating that Patterson-UTI Energy is being referred to more favorably in the news media.
Helmerich & Payne has higher earnings, but lower revenue 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.
Summary
Patterson-UTI Energy beats Helmerich & Payne on 12 of the 21 factors compared between the two stocks.
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