Patterson-UTI Energy Inc. (PTEN)

PTEN (NASDAQ:Energy)
$22.92
pos +0.73
+3.29%
Today's Range: 22.28 - 22.99 | PTEN Avg Daily Volume: 3,611,300
Last Update: 05/17/13 - 4:00 PM EDT
Volume: 1,903,815
YTD Performance: 19.11%
Open: $22.36
Previous Close: $22.19
52 Week Range: $12.81 - $25.48
Oustanding Shares: 146,889,903
Market Cap: 3,259,486,948
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: 0.90%
Dividend Ex-Date: 06/12/13
Price Earnings Ratio: 12.90
Price Earnings Comparisons:
PTEN Sector Avg. S&P 500
12.90 13.00 17.70
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
-8.72% 57.96% 63.88%
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%
Chart Benchmark Timeframe
Average Frequency Indicator Chart
Scale Symbol Comparison Bollinger Bands
DozenStocks: Top MidCap #Stocks Performance $WFR $CBT $STRA $HFC $IPI $FII $KBR $LPX $SVU $UNT $CPRT $CNW $BYI $PTEN more@ http://t.co/tf79gD96D3
18 hours ago from CJ AutoTweeter
DozenStocks: Top MidCap #Stocks Trend $WFR $CBT $STRA $FII $KBR $UNT $CPRT $CNW $PTEN $HLX $CBSH $ODP $TDS $STR $CY $BID @ http://t.co/tf79gD96D3
18 hours ago from CJ AutoTweeter
micenter: Patterson UTI Energy $PTEN Showing Bullish Technicals With Resistance At $22.76 ( http://t.co/wvSmJYhvNu )
2 days ago from Marketintelligencecenter.com
tradingview: $PTEN chart by jessemarder: http://t.co/AtqsPtwGZ3 PTEN pullback to broken support.
3 days ago from TradingView
gtlackey: 20130515 RS Movers http://t.co/G7wp6lsodV $STUDY $IYH $IYE $BSX $SSYS $BMY $RHT $PTEN $AAPL $HAS $INTC
3 days ago from StockTwits Web
micenter: Patterson UTI Energy $PTEN Showing Resistance Near $22.86 With 0.88% Dividend Yield ( http://t.co/q2tEqPzFbr )
6 days ago from Marketintelligencecenter.com
Bullish
Feb 11, 2013 | 8:41 AM EST
PTEN was upgraded to Buy from Neutral, Guggenheim said. $30 price target. Still cheap following YTD performance. 
Bullish
Feb 08, 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...
Bullish
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.&n...
Bullish
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. Neutr...
Bullish
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 pr...
Bullish
Sep 07, 2012 | 8:03 AM EDT
PTEN was upgraded from Underperform to Outperform, BMO Capital said. $20 price target. Consensus earnings expectations have come down t...
This is my favorite metric for finding names that are ripe for the picking.
Energy and human resources stocks fit that description right now, making this a good time to buy.
Or, at least read Professor Damodaran's book, which assesses many investment approaches and exposes the flaws of each.
Bearish
Mar 12, 2012 | 8:33 AM EDT
PTEN was downgraded from Buy to Sell, Miller Tabak said. Estimates also cut, given lower natural gas activity.

Columnist Conversation / Market Updates

| May 18, 2013
| 6:48 AM EDT
I greatly appreciate the team for sharing my remembrance to Alan Abelson. It really did come from the heart. I am becom...
| May 18, 2013
| 6:33 AM EDT
I approach an earnings call as I do eating a lobster: tear it apart and leave nothing for the dogs in the back alley. ...

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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.

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