Patterson-UTI Energy Inc (PTEN)

PTEN (NASDAQ:Energy)
$16.66
neg -0.79
-4.50%
Today's Range: 16.45 - 17.26 | PTEN Avg Daily Volume: 5,617,000
Last Update: 12/22/14 - 1:31 PM EST
Volume: 2,937,150
YTD Performance: -31.08%
Open: $17.18
Previous Close: $17.45
52 Week Range: $14.01 - $38.43
Oustanding Shares: 146,412,860
Market Cap: 2,437,042,055
6-Month Chart
TheStreet Ratings Grade for PTEN
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 7 6 6 4
Moderate Buy 3 4 4 4
Hold 7 7 5 5
Moderate Sell 0 0 0 0
Strong Sell 0 0 0 1
Mean Rec. 2.00 2.06 1.93 2.24
Latest Dividend: 0.10
Latest Dividend Yield: 2.40%
Dividend Ex-Date: 12/08/14
Price Earnings Ratio: 19.81
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
19.81 20.20 25.85
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-47.23% -30.78% -5.57%
GROWTH 12 Mo 3 Yr CAGR
Revenue -0.30 0.86 0.23
Net Income -37.20 0.59 0.17
EPS -34.70 0.70 0.19
Earnings for PTEN:
EBITDA 0.92B
Revenue 2.72B
Average Earnings Estimates
Qtr (12/14) Qtr (03/15) FY (12/14) FY (12/15)
Average Estimate $0.51 $0.46 $1.58 $1.49
Number of Analysts 15 10 15 14
High Estimate $0.54 $0.55 $1.62 $2.74
Low Estimate $0.45 $0.38 $1.52 $0.77
Prior Year $0.28 $0.24 $1.45 $1.58
Growth Rate (Year over Year) 83.57% 92.50% 9.20% -6.21%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
By

Tim Melvin

 | Dec 9, 2014 | 5:00 PM EST

Ben Graham's method for substitution approach is now a classic.

bearishPatterson-UTI Energy downgraded at Goldman Sachs

Oct 27, 2014 | 7:25 AM EDT

PTEN downgraded to Neutral from Conviction List Buy, said Goldman. With WTI projected to average $74 in 2015, customer capital spending should see cuts leading to a sharp fall in rig count. As such, companies with US land leverage face reduced outlook. Price target lowered to $26 from $43.

By

Bret Jensen

 | Mar 18, 2014 | 1:00 PM EDT

I am more optimistic about some of the larger onshore plays.

By

Jim Cramer

 | Mar 17, 2014 | 11:35 AM EDT

The analysts tend to be trend followers.

bullishPatterson-UTI upgraded at Goldman

Mar 17, 2014 | 7:40 AM EDT

PTEN was upgraded from Neutral to Buy, Goldman Sachs said. Company was also placed on the Conviction List. $37 price target. Expect higher onshore pricing in North America. 

bullishPatterson-UTI upgraded at RBC

Jan 8, 2014 | 7:09 AM EST

PTEN was upgraded from Sector Perform to Outperform, RBC Capital said. $29 price target. Company is growing its position in the Tier 1 land rig market and deserves a higher multiple.

bullishPatterson-UTI upgraded at Goldman

Oct 28, 2013 | 7:51 AM EDT

PTEN was upgraded from Sell to Neutral, Goldman Sachs said. $25 price target. Valuation call, as the stock has lagged its peers in recent months.  

bearishPatterson-UTI downgraded at Wunderlich

Oct 25, 2013 | 7:03 AM EDT

PTEN was downgraded from Hold to Buy, Wunderlich said. $23 price target. Company dramatically lowered their guidance. 

By

Tim Melvin

 | Oct 11, 2013 | 2:00 PM EDT

Snail mail stock report provides a realty check.

bearishPatterson-UTI downgraded at Cowen

Oct 9, 2013 | 7:29 AM EDT

PTEN was downgraded from Outperform to Perform, Cowen said. $24 price target. Pressure pumping prices will likely show no improvement. 

Shares of Lockheed Martin are pushing further into new all time high ground. LMT is...
We are feeling the pain today with our long GILD calls, these things happen and is why we ...
Mostly good start to trading week unless you are in energy stocks, which is now being impa...
As of 9;38 AM Knowles Corp. (KN) was up $1.14 per share (+ 5.65%) on very high volume of m...

REAL MONEY PRO'S BEST IDEAS

Columnist Tweets

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.