Patterson-UTI Energy Inc (PTEN)

PTEN (NASDAQ:Energy) EQUITY
$20.65
pos +0.09
+0.41%
Today's Range: 20.35 - 20.77 | PTEN Avg Daily Volume: 3,729,000
Last Update: 08/29/16 - 2:03 PM EDT
Volume: 1,178,117
YTD Performance: 36.34%
Open: $20.47
Previous Close: $20.56
52 Week Range: $10.94 - $22.12
Oustanding Shares: 147,732,339
Market Cap: 3,065,446,034
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 10 10 7 7
Moderate Buy 1 1 1 1
Hold 8 8 11 10
Moderate Sell 1 2 2 1
Strong Sell 2 2 2 2
Mean Rec. 2.27 2.35 2.61 2.52
Latest Dividend: 0.02
Latest Dividend Yield: 0.39%
Dividend Ex-Date: 09/06/16
Price Earnings Ratio: -6.94
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
-6.94 0.00 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
9.89% 50.84% 2.65%
GROWTH 12 Mo 3 Yr CAGR
Revenue -40.60 -0.30 -0.11
Net Income -100.00 -2.00 0.00
EPS -100.00 -2.00 0.00
Earnings for PTEN:
EBITDA 0.57B
Revenue 1.89B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (12/16) FY (12/17)
Average Estimate $-0.59 $-0.55 $-2.33 $-1.80
Number of Analysts 14 12 10 16
High Estimate $-0.57 $-0.47 $-2.22 $-1.30
Low Estimate $-0.61 $-0.58 $-2.39 $-2.15
Prior Year $-0.26 $-0.40 $-0.66 $-2.33
Growth Rate (Year over Year) -127.47% -36.46% -253.18% 22.78%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands

bullishPatterson-UTI upgraded at BofA/Merrill

Aug 16, 2016 | 7:16 AM EDT
PTEN was upgraded from Underperform to Neutral, Bank of America/Merrill Lynch said. $22 price target. Land rig operators should be an early beneficiary when the price of oil recovers.

bullishPatterson-UTI upgraded at Jefferies

Jul 11, 2016 | 7:12 AM EDT
PTEN was upgraded from Hold to Buy, Jefferies said. Valuation call, based on a $25 price target.
By

Bruce Kamich

 | Mar 28, 2016 | 2:35 PM EDT

A sell stop under $14 looks appropriate and additional longs could be positioned on a close over $19.

bearishPatterson-UTI downgraded at Citi

Mar 18, 2016 | 8:25 AM EDT

PTEN was downgraded from Buy to Neutral, Citigroup said. Valuation call, as the stock is up 20% year-to-date.

bearishPatterson-UTI downgraded at BMO

Mar 11, 2016 | 7:21 AM EST

PTEN was downgraded from Outperform to Market Perform, BMO Capital said. Valuation call, based on a $17 price target. 

By

Tim Melvin

 | Aug 13, 2015 | 12:05 PM EDT

Not many, according to filings from Tweedy Browne and Kahn Brothers.

By

Tim Melvin

 | Feb 5, 2015 | 12:00 PM EST

Irving Kahn's eight decades of value investing  helps, too.

By

James "Rev Shark" DePorre

 | Jan 29, 2015 | 4:26 PM EST

But it's losing some of its luster.

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.

Mylan (MYL) says the "generic" EpiPen will be identical to the current one at about half ...
There is a long term zone of support on the weekly chart of the PowerShares DB US Dollar B...
Market off to a decent start with all three major indices slightly up even as oil begins t...
Mylan (MYL) announced today that they will soon launch an identically "generic" version of...

REAL MONEY PRO'S BEST IDEAS

News Breaks

Powered by
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.