Patterson-UTI Energy (PTEN) Competitors

$10.82
-0.44 (-3.91%)
(As of 04/30/2024 ET)

PTEN vs. HP, RIG, VAL, HPK, CWEN, SSL, TDW, NOG, BEPC, and WHD

Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Transocean (RIG), Valaris (VAL), HighPeak Energy (HPK), Clearway Energy (CWEN), Sasol (SSL), Tidewater (TDW), Northern Oil and Gas (NOG), Brookfield Renewable (BEPC), and Cactus (WHD). These companies are all part of the "oils/energy" sector.

Patterson-UTI Energy vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Helmerich & Payne (NYSE:HP) are both mid-cap oils/energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, community ranking, media sentiment, profitability, institutional ownership, risk, dividends and earnings.

In the previous week, Patterson-UTI Energy and Patterson-UTI Energy both had 16 articles in the media. Patterson-UTI Energy's average media sentiment score of 0.29 beat Helmerich & Payne's score of 0.15 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
8 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Helmerich & Payne
5 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.0%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.5%. Patterson-UTI Energy pays out 31.7% of its earnings in the form of a dividend. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Helmerich & Payne has lower revenue, but higher earnings than Patterson-UTI Energy. Patterson-UTI Energy is trading at a lower price-to-earnings ratio than Helmerich & Payne, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B1.05$246.29M$1.0110.71
Helmerich & Payne$2.87B1.35$434.10M$3.5011.24

Patterson-UTI Energy received 102 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.26% of users gave Patterson-UTI Energy an outperform vote while only 54.57% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
795
62.26%
Underperform Votes
482
37.74%
Helmerich & PayneOutperform Votes
693
54.57%
Underperform Votes
577
45.43%

97.9% of Patterson-UTI Energy shares are owned by institutional investors. Comparatively, 96.1% of Helmerich & Payne shares are owned by institutional investors. 2.3% of Patterson-UTI Energy shares are owned by company insiders. Comparatively, 4.4% of Helmerich & Payne shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Helmerich & Payne has a net margin of 12.84% compared to Patterson-UTI Energy's net margin of 5.94%. Helmerich & Payne's return on equity of 13.21% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy5.94% 10.00% 6.21%
Helmerich & Payne 12.84%13.21%8.31%

Patterson-UTI Energy has a beta of 2.22, suggesting that its share price is 122% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.51, suggesting that its share price is 51% more volatile than the S&P 500.

Patterson-UTI Energy presently has a consensus target price of $16.17, suggesting a potential upside of 49.41%. Helmerich & Payne has a consensus target price of $42.63, suggesting a potential upside of 8.38%. Given Patterson-UTI Energy's stronger consensus rating and higher possible upside, equities analysts clearly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
4 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.77
Helmerich & Payne
2 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.90

Summary

Patterson-UTI Energy beats Helmerich & Payne on 11 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PTEN and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PTEN vs. The Competition

MetricPatterson-UTI EnergyDrilling oil & gas wells IndustryEnergy SectorNASDAQ Exchange
Market Cap$4.36B$1.06B$7.91B$7.46B
Dividend Yield2.84%3.45%11.39%3.95%
P/E Ratio10.716.5117.0217.74
Price / Sales1.052.5589.6384.64
Price / Cash4.448.5310.9127.95
Price / Book0.940.703.454.24
Net Income$246.29M-$296.47M$991.47M$213.60M
7 Day Performance-6.72%-3.09%-1.08%-0.10%
1 Month Performance-9.38%-2.86%0.04%-5.83%
1 Year Performance-3.31%-7.98%4.95%6.39%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
2.1385 of 5 stars
$42.33
+2.7%
$42.88
+1.3%
+18.6%$4.18B$2.87B10.106,200Earnings Report
Insider Selling
News Coverage
RIG
Transocean
4.3167 of 5 stars
$5.94
+2.2%
$8.22
+38.4%
-11.6%$4.87B$2.83B-4.685,800Earnings Report
Analyst Report
Options Volume
News Coverage
VAL
Valaris
3.1287 of 5 stars
$69.12
+1.4%
$100.00
+44.7%
+8.4%$5.00B$1.78B5.915,985Upcoming Earnings
HPK
HighPeak Energy
2.4423 of 5 stars
$15.26
+1.4%
$22.10
+44.8%
-28.1%$1.96B$1.11B9.6648Upcoming Earnings
Analyst Revision
CWEN
Clearway Energy
3.0215 of 5 stars
$23.59
+2.3%
$28.33
+20.1%
-23.0%$4.77B$1.31B34.6961Short Interest ↑
SSL
Sasol
4.1371 of 5 stars
$7.17
-9.6%
N/A-46.0%$4.55B$16.30B0.0029,073Gap Down
High Trading Volume
TDW
Tidewater
2.9572 of 5 stars
$94.10
+5.4%
$93.00
-1.2%
+104.0%$4.92B$1.01B51.427,300Upcoming Earnings
NOG
Northern Oil and Gas
4.1056 of 5 stars
$43.11
+1.1%
$47.00
+9.0%
+23.0%$4.36B$2.17B4.2938Earnings Report
News Coverage
BEPC
Brookfield Renewable
4.6892 of 5 stars
$23.53
+2.8%
$34.00
+44.5%
-30.4%$4.23B$5.04B-73.521,890Upcoming Earnings
Short Interest ↓
WHD
Cactus
3.3736 of 5 stars
$52.56
+2.6%
$55.29
+5.2%
+22.6%$4.17B$1.10B20.611,600

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This page (NASDAQ:PTEN) was last updated on 5/1/2024 by MarketBeat.com Staff

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