Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc. - PE Ratioverified

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 PE Ratio as of June 2026 (TTM) for Patterson-UTI Energy, Inc. (PTEN) is -33.47

According to Patterson-UTI Energy, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is -33.47. This represents a change of 0.07% compared to the average of -33.45 of the last 4 quarters.

Patterson-UTI Energy, Inc. (PTEN) Historical PE Ratio (quarterly & annually)

How has PTEN PE Ratio performed in the past?

The mean historical PE Ratio of Patterson-UTI Energy, Inc. over the last ten years is 74.57. The current -33.47 PE Ratio has changed -4588.46% with respect to the historical average. Over the past ten years (40 quarters), PTEN's PE Ratio was at its highest in in the September 2023 quarter at 17.30K. The PE Ratio was at its lowest in in the June 2018 quarter at -90.00.

Quarterly (TTM)
Annual

Average

74.57

Median

-2.95

Minimum

-25.46

Maximum

767.00

Patterson-UTI Energy, Inc. (PTEN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Patterson-UTI Energy, Inc. PE Ratio, 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 = 652.04%

Maximum Annual PE Ratio = 767.00

Minimum Annual Increase = -6311.22%

Minimum Annual PE Ratio = -25.46

Quarterly (TTM)
Annual
YearPE RatioChange
2025-25.46652.04%
2024-3.39-127.58%
202312.27-47.53%
202223.39-1032.79%
2021-2.51103.55%
2020-1.23-75.36%
2019-5.00-28.99%
2018-7.04-100.92%
2017767.00-6311.22%
2016-12.3566.23%

Patterson-UTI Energy, Inc. (PTEN) Average PE Ratio

How has PTEN PE Ratio performed in the past?

The current PE Ratio of Patterson-UTI Energy, Inc. (PTEN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-5.52

5-year avg

0.86

10-year avg

74.57

Patterson-UTI Energy, Inc. (PTEN) PE Ratio vs. Peers

How is PTEN’s PE Ratio compared to its peers?

Patterson-UTI Energy, Inc.’s PE Ratio is less than Helmerich & Payne, Inc. (-9.25), less than Oceaneering International, Inc. (10.70), less than International Seaways, Inc. (7.65), less than Delek Logistics Partners, LP (15.95), greater than Delek US Holdings, Inc. (-47.67), less than Tidewater Inc. (10.75), less than Crescent Energy Company (-14.04), less than Kinetik Holdings Inc. (18.42), greater than Genesis Energy, L.P. (-80.08), less than Civitas Resources, Inc. (3.81),

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