Patterson-UTI Energy Inc. (PTEN)

PTEN (NASDAQ:Energy)
$21.95
neg -0.37
-1.66%
Today's Range: 21.17 - 21.99 | PTEN Avg Daily Volume: 3,484,400
Last Update: 05/23/13 - 4:00 PM EDT
Volume: 3,034,977
YTD Performance: 23.56%
Open: $21.61
Previous Close: $22.32
52 Week Range: $12.81 - $25.48
Oustanding Shares: 146,889,903
Market Cap: 3,381,405,567
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 8 8 9 9
Moderate Buy 1 1 2 2
Hold 9 8 8 8
Moderate Sell 1 1 1 1
Strong Sell 0 0 0 0
Mean Rec. 2.14 2.09 2.04 2.04
Latest Dividend: 0.05
Latest Dividend Yield: 0.87%
Dividend Ex-Date: 06/12/13
Price Earnings Ratio: 13.38
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
13.38 13.50 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-0.09% 44.94% 77.49%
GROWTH 12 Mo 3 Yr CAGR
Revenue 6.10 2.48 0.51
Net Income -7.10 -9.82 0.00
EPS -4.90 -8.84 0.00
Earnings for PTEN:
EBITDA 0.99B
Revenue 2.72B
Average Earnings Estimates
Qtr (06/13) Qtr (09/13) FY (12/13) FY (12/14)
Average Estimate $0.32 $0.36 $1.41 $1.65
Number of Analysts 14 14 15 15
High Estimate $0.40 $0.43 $1.58 $2.25
Low Estimate $0.29 $0.24 $1.10 $0.65
Prior Year $0.49 $0.39 $1.90 $1.41
Growth Rate (Year over Year) -35.42% -8.06% -25.75% 16.73%
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micenter
micenter: Patterson UTI Energy $PTEN Showing Bearish Technicals With Resistance At $23.40 ( http://t.co/gZtQqtnvMA )
5 hours ago from Marketintelligencecenter.com
US_proptrader
US_proptrader: $PTEN $NPSP $ARCP $LGF $HLF $EVC $INFI $WFR $WETF $URI $FNF $CREE $NSM
8 hours ago from Seesmic twhirl
US_proptrader
US_proptrader: $PTEN $HIMX $QLIK $ARCP $UNXL $HLX $HLF $INFI $WFR $WETF $URI $FNF $CREE $NSM
8 hours ago from Seesmic twhirl
theflynews
theflynews: $NILE $DVN $FN $FLEX $PTEN $PB $O $SOL $MBND $SANM $DD $OZRK $CMA On The Fly: Analyst Downgrade Summary: Full Story http://t.co/Yrili0B0BL
9 hours ago from twitterfeed
karleggerss
karleggerss: Street #downgrades: $FLEX $SOL $O $OZRK $CMA $DVN $PTEN $NILE $AAUKY $SANM $FN
10 hours ago from StockTwits Web
MarketEdgeLive
MarketEdgeLive: $PTEN - Goldman Sachs downgrades to Sell rating.
11 hours ago from web
SwingTradeAlert
SwingTradeAlert: RT @RatingsNetwork: Patterson-UTI $PTEN was downgraded by analysts at Goldman Sachs to a "sell" rating. http://t.co/GPq68f7gJU
12 hours ago from stefanJobes
usratings
usratings: Goldman downgrades $PTEN from Neutral to Sell
12 hours ago from USRatings
RatingsNetwork
RatingsNetwork: Patterson-UTI $PTEN was downgraded by analysts at Goldman Sachs to a "sell" rating. http://t.co/GPq68f7gJU
12 hours ago from Analyst Ratings Network

bearishPatterson-UTI downgraded at Goldman

May 23, 2013 | 7:46 AM EDT

PTEN was downgraded from Neutral to Sell, Goldman Sachs said. Valuation call, as the stock is up 20% year-to-date. $24 price target. 

bullishPatterson UTI upgraded at Guggenheim

Feb 11, 2013 | 8:41 AM EST

PTEN was upgraded to Buy from Neutral, Guggenheim said. $30 price target. Still cheap following YTD performance. 

bullishPatterson-UTI numbers upped at BMO

Feb 8, 2013 | 8:30 AM EST

PTEN estimates were boosted through 2014, BMO Capital said. Company is seeing higher demand for pressure pumping. Outperform rating and new $25 price target. 

bullishPatterson-UTI upgraded at Deutsche

Nov 28, 2012 | 7:48 AM EST

PTEN was upgraded from Hold to Buy, Deutsche Bank said. $28 price target. Company is leveraged to improving natural gas fundamentals. 

bullishPatterson-UTI numbers raised at Guggenheim

Sep 25, 2012 | 7:33 AM EDT

Shares of PTEN now seen reaching $18, according to Guggenheim. Estimates also increased, as the company is cutting capital costs. Neutral rating. 

bullishPatterson-UTI rated new Buy at Wunderlich

Sep 20, 2012 | 7:04 AM EDT

PTEN was initiated with a Buy rating, Wunderlich said. $20 price target. Company is leveraged to higher demand for land drilling and pressure pumping. 

 

bullishPatterson-UTI upgraded at BMO

Sep 7, 2012 | 8:03 AM EDT

PTEN was upgraded from Underperform to Outperform, BMO Capital said. $20 price target. Consensus earnings expectations have come down to a more reasonable level. 

Putting Takeouts to the Test

By

Tim Melvin

 | Jul 27, 2012 | 3:00 PM EDT

This is my favorite metric for finding names that are ripe for the picking.

Seek Out the Cheap and Unloved

By

Tim Melvin

 | Jul 2, 2012 | 3:00 PM EDT

Energy and human resources stocks fit that description right now, making this a good time to buy.

Test Everything

By

Tim Melvin

 | Jun 14, 2012 | 4:30 PM EDT

Or, at least read Professor Damodaran's book, which assesses many investment approaches and exposes the flaws of each.

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