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Patterson-UTI Energy (PTEN) Competitors

$10.43
+0.18 (+1.76%)
(As of 01:36 PM ET)

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

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), Independence Contract Drilling (ICD), American Noble Gas (AMNI), and Borr Drilling (BORR). 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 stock? We will contrast the two businesses based on the strength of their earnings, valuation, dividends, community ranking, risk, profitability, media sentiment, analyst recommendations and institutional ownership.

Patterson-UTI Energy received 105 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.15% of users gave Patterson-UTI Energy an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%
Patterson-UTI EnergyOutperform Votes
798
62.15%
Underperform Votes
486
37.85%

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%7.13%4.57%

Helmerich & Payne currently has a consensus target price of $42.29, suggesting a potential upside of 12.46%. Patterson-UTI Energy has a consensus target price of $15.55, suggesting a potential upside of 51.66%. Given Helmerich & Payne's stronger consensus rating and higher probable upside, analysts plainly 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)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.89
Patterson-UTI Energy
0 Sell rating(s)
3 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.83

In the previous week, Patterson-UTI Energy had 5 more articles in the media than Helmerich & Payne. MarketBeat recorded 8 mentions for Patterson-UTI Energy and 3 mentions for Helmerich & Payne. Helmerich & Payne's average media sentiment score of 0.90 beat Patterson-UTI Energy's score of 0.86 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Patterson-UTI Energy
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.7%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.1%. 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.

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

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$2.87B1.29$434.10M$3.5010.74
Patterson-UTI Energy$4.15B0.99$246.29M$0.6815.07

Helmerich & Payne has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, Patterson-UTI Energy has a beta of 2.19, suggesting that its share price is 119% more volatile than the S&P 500.

Summary

Patterson-UTI Energy beats Helmerich & Payne on 13 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.
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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$4.12B$1.13B$7.08B$8.67B
Dividend Yield3.12%3.25%11.74%4.04%
P/E Ratio15.074.8214.0918.16
Price / Sales0.992.30106.0886.96
Price / Cash4.047.7811.2734.01
Price / Book0.890.703.564.67
Net Income$246.29M-$286.78M$910.43M$213.49M
7 Day Performance5.24%1.85%315.03%8.42%
1 Month Performance4.27%4.03%343.82%7.36%
1 Year Performance-24.47%-9.20%1.96%3.16%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
2.8163 of 5 stars
2.82 / 5 stars
$37.60
+1.1%
$42.29
+12.5%
+0.2%$3.71B$2.87B10.746,200Analyst Forecast
Short Interest ↑
OMP
Oasis Midstream Partners
0 of 5 stars
0.00 / 5 stars
$23.86
flat
N/AN/A$1.16B$347.86M6.252,020
NBR
Nabors Industries
0.9837 of 5 stars
0.98 / 5 stars
$75.49
-0.5%
$112.50
+49.0%
-30.4%$807.74M$3.05B-5.4712,000
VAL
Valaris
2.3839 of 5 stars
2.38 / 5 stars
$76.76
+1.7%
$99.20
+29.2%
+11.8%$5.56B$1.78B6.725,985Positive News
RIG
Transocean
3.471 of 5 stars
3.47 / 5 stars
$5.30
+2.3%
$7.70
+45.3%
-32.1%$4.99B$2.83B-10.195,800Positive News
HPK
HighPeak Energy
2.1797 of 5 stars
2.18 / 5 stars
$15.85
+0.8%
$23.60
+48.9%
+28.8%$2.03B$1.11B12.7848Short Interest ↑
News Coverage
PDS
Precision Drilling
1.9075 of 5 stars
1.91 / 5 stars
$72.07
+0.5%
$48.00
-33.4%
+37.2%$1.03B$1.91B6.333,350Analyst Forecast
ICD
Independence Contract Drilling
0 of 5 stars
0.00 / 5 stars
$1.15
+0.9%
N/A-58.6%$17.50M$192.99M-0.35450
AMNI
American Noble Gas
0 of 5 stars
0.00 / 5 stars
$0.01
-48.2%
N/AN/A$277,000.00$120,000.00-0.093Gap Up
High Trading Volume
BORR
Borr Drilling
1.1879 of 5 stars
1.19 / 5 stars
$6.58
+0.9%
$9.00
+36.8%
-15.7%$0.00$771.60M38.712,869Short Interest ↑
News Coverage

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This page (NASDAQ:PTEN) was last updated on 7/15/2024 by MarketBeat.com Staff

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