Patterson-UTI Energy (PTEN) Competitors

$10.68
+0.09 (+0.85%)
(As of 05/3/2024 ET)

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.

Patterson-UTI Energy vs.

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.

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

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.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne12.84% 13.21% 8.31%
Patterson-UTI Energy 4.07%7.58%4.81%

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.

CompanyUnderperformOutperform
Helmerich & PayneOutperform Votes
693
54.57%
Underperform Votes
577
45.43%
Patterson-UTI EnergyOutperform Votes
796
62.28%
Underperform Votes
482
37.72%

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.

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

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Helmerich & Payne$2.87B1.32$434.10M$3.5010.99
Patterson-UTI Energy$4.15B1.04$246.29M$0.6815.71

Summary

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

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.
Skip Chart

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.
Skip Chart

PTEN vs. The Competition

MetricPatterson-UTI EnergyDrilling oil & gas wells IndustryEnergy SectorNASDAQ Exchange
Market Cap$4.31B$1.16B$8.36B$7.70B
Dividend Yield3.02%3.60%11.53%3.96%
P/E Ratio15.717.3416.5818.88
Price / Sales1.042.6849.7193.69
Price / Cash4.187.9811.1035.73
Price / Book0.920.753.564.36
Net Income$246.29M-$199.48M$993.49M$214.85M
7 Day Performance-5.07%-4.10%-0.05%2.26%
1 Month Performance-12.10%-8.68%-2.17%-2.17%
1 Year Performance2.30%-3.50%11.00%11.29%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
3.0867 of 5 stars
$42.33
+2.7%
$42.88
+1.3%
+22.9%$4.18B$2.87B10.106,200Insider Selling
Analyst Revision
News Coverage
RIG
Transocean
4.3734 of 5 stars
$5.94
+2.2%
$8.22
+38.4%
-5.8%$4.87B$2.83B-4.685,800Earnings Report
Analyst Report
Options Volume
Analyst Revision
News Coverage
VAL
Valaris
3.136 of 5 stars
$69.12
+1.4%
$100.00
+44.7%
+24.1%$5.00B$1.78B5.915,985Earnings Report
Analyst Report
Analyst Revision
News Coverage
HPK
HighPeak Energy
2.296 of 5 stars
$15.26
+1.4%
$22.10
+44.8%
-6.4%$1.96B$1.11B9.6648Upcoming Earnings
Positive News
CWEN
Clearway Energy
2.9011 of 5 stars
$23.59
+2.3%
$28.33
+20.1%
-16.7%$4.77B$1.31B34.6961Upcoming Earnings
News Coverage
Positive News
SSL
Sasol
2.8176 of 5 stars
$7.17
-9.6%
N/A-41.4%$4.55B$16.30B0.0029,073Gap Down
High Trading Volume
TDW
Tidewater
3.1903 of 5 stars
$94.10
+5.4%
$93.00
-1.2%
+157.9%$4.92B$1.01B51.427,300Earnings Report
Buyback Announcement
News Coverage
Gap Up
NOG
Northern Oil and Gas
4.1476 of 5 stars
$43.11
+1.1%
$47.00
+9.0%
+30.1%$4.36B$2.17B4.2938Earnings Report
Dividend Announcement
Analyst Report
Analyst Revision
News Coverage
BEPC
Brookfield Renewable
4.2513 of 5 stars
$23.53
+2.8%
$34.00
+44.5%
-11.9%$4.23B$5.04B-73.521,890News Coverage
WHD
Cactus
2.8213 of 5 stars
$52.56
+2.6%
$55.29
+5.2%
+35.6%$4.17B$1.10B20.611,600Earnings Report
Dividend Announcement
News Coverage

Related Companies and Tools

This page (NASDAQ:PTEN) was last updated on 5/5/2024 by MarketBeat.com Staff

From Our Partners