NASDAQ:PTEN - Patterson-UTI Energy Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $17.28 -0.18 (-1.03 %) (As of 07/16/2018 06:00 AM ET)Previous Close$17.28Today's Range$16.95 - $17.5152-Week Range$14.83 - $25.03Volume2.75 million shsAverage Volume3.27 million shsMarket Capitalization$3.83 billionP/E Ratio-21.60Dividend Yield0.93%Beta1.18 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through two segments, Contract Drilling and Pressure Pumping. The Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, western Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2017, this segment had a drilling fleet of 295 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas, the Mid-Continent, and the Appalachian region. Patterson-UTI Energy, Inc. also manufactures and sells pipe handling components and related technology to drilling contractors in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas. Receive PTEN News and Ratings via Email Sign-up to receive the latest news and ratings for PTEN and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Drilling oil & gas wells Sub-IndustryOil & Gas Drilling SectorOils/Energy SymbolNASDAQ:PTEN CUSIP70348110 Webwww.patenergy.com Phone281-765-7100 Debt Debt-to-Equity Ratio0.28 Current Ratio1.73 Quick Ratio1.61 Price-To-Earnings Trailing P/E Ratio-21.60 Forward P/E Ratio-172.80 P/E GrowthN/A Sales & Book Value Annual Sales$2.36 billion Price / Sales1.63 Cash Flow$2.8052 per share Price / Cash6.16 Book Value$17.90 per share Price / Book0.97 Profitability EPS (Most Recent Fiscal Year)($0.80) Net Income$5.91 million Net Margins1.22% Return on Equity-3.54% Return on Assets-2.37% Miscellaneous Employees8,000 Outstanding Shares221,810,000Market Cap$3,832.83 Patterson-UTI Energy (NASDAQ:PTEN) Frequently Asked Questions What is Patterson-UTI Energy's stock symbol? Patterson-UTI Energy trades on the NASDAQ under the ticker symbol "PTEN." How often does Patterson-UTI Energy pay dividends? What is the dividend yield for Patterson-UTI Energy? Patterson-UTI Energy declared a quarterly dividend on Thursday, April 26th. Shareholders of record on Thursday, June 7th will be given a dividend of $0.04 per share on Thursday, June 21st. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.93%. The ex-dividend date of this dividend is Wednesday, June 6th. This is a boost from Patterson-UTI Energy's previous quarterly dividend of $0.02. View Patterson-UTI Energy's Dividend History. How were Patterson-UTI Energy's earnings last quarter? Patterson-UTI Energy, Inc. (NASDAQ:PTEN) announced its quarterly earnings results on Thursday, April, 26th. The oil and gas company reported ($0.16) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.07. The oil and gas company earned $809.16 million during the quarter, compared to analysts' expectations of $793.39 million. Patterson-UTI Energy had a negative return on equity of 3.54% and a net margin of 1.22%. The company's revenue for the quarter was up 165.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.40) EPS. View Patterson-UTI Energy's Earnings History. When is Patterson-UTI Energy's next earnings date? Patterson-UTI Energy is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Patterson-UTI Energy. What price target have analysts set for PTEN? 20 equities research analysts have issued 12-month price objectives for Patterson-UTI Energy's stock. Their forecasts range from $21.00 to $34.00. On average, they anticipate Patterson-UTI Energy's stock price to reach $25.5333 in the next year. This suggests a possible upside of 47.8% from the stock's current price. View Analyst Ratings for Patterson-UTI Energy. What is the consensus analysts' recommendation for Patterson-UTI Energy? 20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Patterson-UTI Energy in the last year. There are currently 5 hold ratings and 15 buy ratings for the stock, resulting in a consensus recommendation of "Buy." Who are some of Patterson-UTI Energy's key competitors? Some companies that are related to Patterson-UTI Energy include Helmerich & Payne (HP), Transocean (RIG), Ensco (ESV), Diamond Offshore Drilling (DO), Ocean Rig UDW (ORIG), Nabors Industries (NBR), Rowan Companies (RDC), Noble (NE), Precision Drilling (PDS), Baytex Energy (BTE), Oasis Midstream Partners (OMP), Pioneer Energy Services (PES), Key Energy Services (KEG), Seadrill Partners (SDLP) and Independence Contract Drilling (ICD). Who are Patterson-UTI Energy's key executives? Patterson-UTI Energy's management team includes the folowing people: Mr. Mark Steven Siegel, Exec. Chairman (Age 67)Mr. William Andrew Hendricks Jr., Pres, CEO & Director (Age 53)Mr. C. Andrew Smith, Exec. VP & CFO (Age 47)Mr. Kenneth N. Berns, Exec. VP & Chief Commercial Officer (Age 58)Mr. James Michael Holcomb, Pres of UTI Drilling Company LLC (Age 55) Has Patterson-UTI Energy been receiving favorable news coverage? Media headlines about PTEN stock have been trending somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Patterson-UTI Energy earned a coverage optimism score of 0.12 on Accern's scale. They also gave news stories about the oil and gas company an impact score of 46.06 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the next several days. Who are Patterson-UTI Energy's major shareholders? Patterson-UTI Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Fisher Asset Management LLC (0.19%), Adams Asset Advisors LLC (0.02%), State of Alaska Department of Revenue (0.01%), Atria Investments LLC (0.01%) and NN Investment Partners Holdings N.V. (0.01%). Company insiders that own Patterson-UTI Energy stock include Terry H Hunt and Tiffany J Thom. View Institutional Ownership Trends for Patterson-UTI Energy. Which institutional investors are selling Patterson-UTI Energy stock? PTEN stock was sold by a variety of institutional investors in the last quarter, including NN Investment Partners Holdings N.V.. Company insiders that have sold Patterson-UTI Energy company stock in the last year include Terry H Hunt and Tiffany J Thom. View Insider Buying and Selling for Patterson-UTI Energy. Which institutional investors are buying Patterson-UTI Energy stock? PTEN stock was acquired by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Adams Asset Advisors LLC, Atria Investments LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Patterson-UTI Energy. How do I buy shares of Patterson-UTI Energy? Shares of PTEN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab. What is Patterson-UTI Energy's stock price today? One share of PTEN stock can currently be purchased for approximately $17.28. How big of a company is Patterson-UTI Energy? Patterson-UTI Energy has a market capitalization of $3.83 billion and generates $2.36 billion in revenue each year. The oil and gas company earns $5.91 million in net income (profit) each year or ($0.80) on an earnings per share basis. Patterson-UTI Energy employs 8,000 workers across the globe. How can I contact Patterson-UTI Energy? Patterson-UTI Energy's mailing address is 10713 WEST SAM HOUSTON PARKWAY NORTH SUITE 800, HOUSTON TX, 77064. The oil and gas company can be reached via phone at 281-765-7100 or via email at [email protected] MarketBeat Community Rating for Patterson-UTI Energy (NASDAQ PTEN)Community Ranking: 2.4 out of 5 ( )Outperform Votes: 580 (Vote Outperform)Underperform Votes: 642 (Vote Underperform)Total Votes: 1,222MarketBeat's community ratings are surveys of what our community members think about Patterson-UTI Energy and other stocks. Vote "Outperform" if you believe PTEN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PTEN will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 7/16/2018 by MarketBeat.com StaffFeatured Article: Are Wall Street analysts' stock ratings worth following?