Patterson-UTI Energy, Inc. (PTEN) is a publicly traded company in the Energy — Oil & Gas Drilling industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S.
Is Patterson-UTI Energy, Inc. stock overvalued or undervalued in 2026?
As of October 29, 2026, Patterson-UTI Energy, Inc. (PTEN) trades at $12.69 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Patterson-UTI Energy, Inc.
Market cap $5B · 52 weeks $5 – $13 (3 % below the high) · P/E no earnings · 2027 expected P/E 39.8× · Dividend 3.0 % · Next earnings February 3, 2027 · expected EPS $0.04 · Closing price, Oct 29 · accounts published Oct 28.
- Valuation: EV/EBITDA 7.0× (no earnings).
- Business: 5-year ROIC −6.2 % (weak).
- Balance sheet: Net debt/EBITDA 0.9× (solid).
- Earnings: 6 of 8 (on track).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 6 of 7 pass
- 5y avg ROIC −6.2 %, fails.
- FCF yield 10.3 %, passes.
- Positive FCF through the cycle 8 de 10 ejercicios, passes, near the threshold.
- Dividend coverage (FCF / div) 3.0×, passes.
- Net debt / EBITDA 0.9×, passes.
- Capex / Revenue 12.2 %, passes.
- EV/EBITDA vs own 10y 7.0×, passes.
Against its peers (reference peers) — Patterson-UTI Energy, Inc.: P/E —; EV/EBITDA 7.0×; ROIC -1.2 %; $4.8B. Helmerich & Payne, Inc. (P/E —; EV/EBITDA 7.1×; ROIC 4.4 %; $4.2B), Valaris Limited (P/E 7.6×; EV/EBITDA 12.7×; ROIC 5.5 %; $7.1B), Noble Corporation Plc (P/E 51.0×; EV/EBITDA 10.0×; ROIC 1.7 %; $7.6B).
Dividend
tight (only raised recently) · Yield 3.0 % ($0.32 per share in 2025) · Years raising it 1 · 5-year growth +26 % a year · Free cash flow coverage 3.6× · With $1,000 invested today you'd collect $30.20 a year ($2.52 a month).
Profitability
| Return on Equity | -2.82% |
| Return on Invested Capital | -1.16% |
| Return on Assets | -1.67% |
| Gross Margin | 14.20% |
| Operating Margin | -1.14% |
| Net Margin | -1.92% |
Financial Health
| Debt / Equity | 0.41 |
| Current Ratio | 1.75 |
| Piotroski F-Score | 5 |
| Altman Z-Score | 1.25 |
Price Performance
| 1 month | +16.21% |
| 3 months | +21.09% |
| Year-to-date | +107.69% |
| 1 year | +101.43% |
| 3 years | -0.08% |
| 5 years | +48.25% |
| 10 years | -42.66% |
Dividend History
Paid in the last 12 months: $0.3800 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-09-01 | $0.1000 |
| 2026-06-01 | $0.1000 |
| 2026-03-02 | $0.1000 |
| 2025-12-01 | $0.0800 |
| 2025-09-02 | $0.0800 |
| 2025-06-02 | $0.0800 |
| 2025-03-03 | $0.0800 |
| 2024-12-02 | $0.0800 |
| 2024-09-03 | $0.0800 |
| 2024-06-03 | $0.0800 |
Amounts adjusted for stock splits.
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Explore sector: Energy · Oil & Gas Drilling
More sections of PTEN: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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