Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc.verified




Market Cap:


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...[Read more]


Oil & Gas Drilling

IPO Date


Stock Exchange




The PE Ratio as of July 2024 (TTM) for Patterson-UTI Energy, Inc. (PTEN) is 19.22

According to Patterson-UTI Energy, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 19.22. This represents a change of -99.60% compared to the average of 4.86K 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 78.75. The current 19.22 PE Ratio has changed 2.34% 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 19.39K. The PE Ratio was at its lowest in in the June 2018 quarter at -90.00.

Quarterly (TTM)









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 = 103.82%

Maximum Annual PE Ratio = 772.63

Minimum Annual Increase = -6356.84%

Minimum Annual PE Ratio = -12.35

Quarterly (TTM)
YearPE RatioChange

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 greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg


5-year avg


10-year avg


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 greater than Nabors Industries Ltd. (-8.28), greater than Precision Drilling Corporation (6.16), greater than Diamond Offshore Drilling, Inc. (-40.55), greater than Noble Corporation (13.92), greater than Helmerich & Payne, Inc. (10.69), greater than Seadrill Limited (11.98), less than Borr Drilling Limited (37.99), greater than Transocean Ltd. (-11.04),

Build a custom stock screener for Patterson-UTI Energy, Inc. (PTEN) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Patterson-UTI Energy, Inc. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Patterson-UTI Energy, Inc. (PTEN) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Patterson-UTI Energy, Inc. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is Patterson-UTI Energy, Inc.'s PE Ratio?

How is the PE Ratio calculated for Patterson-UTI Energy, Inc. (PTEN)?

What is the highest PE Ratio for Patterson-UTI Energy, Inc. (PTEN)?

What is the 3-year average PE Ratio for Patterson-UTI Energy, Inc. (PTEN)?

What is the 5-year average PE Ratio for Patterson-UTI Energy, Inc. (PTEN)?

How does the current PE Ratio for Patterson-UTI Energy, Inc. (PTEN) compare to its historical average?