Patterson-UTI Energy, Inc.

NasdaqGS PTEN

Patterson-UTI Energy, Inc. Price to Earnings Ratio (P/E) on January 14, 2025: -4.08

Patterson-UTI Energy, Inc. Price to Earnings Ratio (P/E) is -4.08 on January 14, 2025, a -124.66% change year over year. Price to earnings ratio compares the stock price to earnings per share; higher P/E suggests expectations for future earnings growth.
  • Patterson-UTI Energy, Inc. 52-week high Price to Earnings Ratio (P/E) is 35.96 on July 17, 2024, which is 980.30% above the current Price to Earnings Ratio (P/E).
  • Patterson-UTI Energy, Inc. 52-week low Price to Earnings Ratio (P/E) is -4.08 on January 14, 2025, which is 0.00% below the current Price to Earnings Ratio (P/E).
  • Patterson-UTI Energy, Inc. average Price to Earnings Ratio (P/E) for the last 52 weeks is 15.86.
Key data
Date Price to Earnings Ratio (P/E) Price to Sales Ratio (P/S) Price to Book Ratio (P/B) Dividend Yield
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NasdaqGS: PTEN

Patterson-UTI Energy, Inc.

CEO Mr. William Andrew Hendricks Jr.
IPO Date Nov. 2, 1993
Location United States
Headquarters 10713 West Sam Houston Parkway North
Employees 10,600
Sector Energy
Industries
Description

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

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StockViz Staff

January 15, 2025

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