Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc. - Enterprise Valueverified

PTEN

Price:

$10.04

Market Cap:

$3.81B

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. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segm...[Read more]

Industry

Oil & Gas Drilling

IPO Date

1993-11-02

Stock Exchange

NASDAQ

Ticker

PTEN

The Enterprise Value as of June 2026 (TTM) for Patterson-UTI Energy, Inc. (PTEN) is 4.74B

According to Patterson-UTI Energy, Inc.’s latest financial reports and current stock price. The company's current Enterprise Value is 4.74B. This represents a change of 28.73% compared to the average of 3.68B of the last 4 quarters.

Patterson-UTI Energy, Inc. (PTEN) Historical Enterprise Value (quarterly & annually)

How has PTEN Enterprise Value performed in the past?

The mean historical Enterprise Value of Patterson-UTI Energy, Inc. over the last ten years is 3.62B. The current 4.74B Enterprise Value has changed 13.02% with respect to the historical average. Over the past ten years (40 quarters), PTEN's Enterprise Value was at its highest in in the March 2024 quarter at 5.95B. The Enterprise Value was at its lowest in in the September 2020 quarter at 1.22B.

Quarterly (TTM)
Annual

Average

3.62B

Median

3.69B

Minimum

1.69B

Maximum

5.39B

Patterson-UTI Energy, Inc. (PTEN) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Patterson-UTI Energy, Inc. Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 80.85%

Maximum Annual Enterprise Value = 5.39B

Minimum Annual Increase = -42.86%

Minimum Annual Enterprise Value = 1.69B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20253.20B-26.22%
20244.34B4.06%
20234.17B-4.20%
20224.35B80.85%
20212.41B42.32%
20201.69B-42.86%
20192.96B-5.62%
20183.14B-41.80%
20175.39B19.84%
20164.50B53.28%

Patterson-UTI Energy, Inc. (PTEN) Average Enterprise Value

How has PTEN Enterprise Value performed in the past?

The current Enterprise Value of Patterson-UTI Energy, Inc. (PTEN) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.91B

5-year avg

3.70B

10-year avg

3.62B

Patterson-UTI Energy, Inc. (PTEN) Enterprise Value vs. Peers

How is PTEN’s Enterprise Value compared to its peers?

Patterson-UTI Energy, Inc.’s Enterprise Value is less than Helmerich & Payne, Inc. (5.29B), greater than Oceaneering International, Inc. (3.84B), greater than International Seaways, Inc. (4.65B), less than Delek Logistics Partners, LP (5.00B), less than Delek US Holdings, Inc. (5.17B), greater than Tidewater Inc. (3.32B), less than Crescent Energy Company (8.81B), less than Kinetik Holdings Inc. (7.31B), less than Genesis Energy, L.P. (4.94B), less than Civitas Resources, Inc. (7.42B),

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