PTEN vs. HP, NBR, HPK, BORR, PDS, VAL, RIG, ARLP, RNW, and HEP
Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Nabors Industries (NBR), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Valaris (VAL), Transocean (RIG), Alliance Resource Partners (ARLP), ReNew Energy Global (RNW), and Holly Energy Partners (HEP). 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 businesses based on the strength of their risk, institutional ownership, media sentiment, analyst recommendations, earnings, profitability, dividends, valuation and community ranking.
96.6% of Patterson-UTI Energy shares are owned by institutional investors. Comparatively, 92.4% of Helmerich & Payne shares are owned by institutional investors. 2.4% of Patterson-UTI Energy shares are owned by company insiders. Comparatively, 4.2% of Helmerich & Payne shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, Helmerich & Payne had 9 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 20 mentions for Helmerich & Payne and 11 mentions for Patterson-UTI Energy. Patterson-UTI Energy's average media sentiment score of 0.68 beat Helmerich & Payne's score of 0.42 indicating that Patterson-UTI Energy is being referred to more favorably in the media.
Patterson-UTI Energy has a beta of 2.29, meaning that its stock price is 129% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.66, meaning that its stock price is 66% more volatile than the S&P 500.
Patterson-UTI Energy presently has a consensus target price of $16.36, indicating a potential upside of 44.63%. Helmerich & Payne has a consensus target price of $52.10, indicating a potential upside of 49.71%. Given Helmerich & Payne's higher possible upside, analysts clearly believe Helmerich & Payne is more favorable than Patterson-UTI Energy.
Helmerich & Payne has a net margin of 12.15% compared to Patterson-UTI Energy's net margin of 9.66%. Patterson-UTI Energy's return on equity of 16.59% beat Helmerich & Payne's return on equity.
Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.9%. Patterson-UTI Energy pays out 24.6% of its earnings in the form of a dividend. Helmerich & Payne pays out 32.9% 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.
Patterson-UTI Energy received 90 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.23% of users gave Patterson-UTI Energy an outperform vote while only 55.14% of users gave Helmerich & Payne an outperform vote.
Patterson-UTI Energy has higher revenue and earnings than Helmerich & Payne. Patterson-UTI Energy is trading at a lower price-to-earnings ratio than Helmerich & Payne, 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.
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.
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.
Patterson-UTI Energy Competitors List
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