Patterson-UTI Energy (PTEN) Competitors

$11.31
+0.25 (+2.26%)
(As of 05/17/2024 ET)

PTEN vs. HP, RIG, VAL, HPK, VIST, SSL, NOG, ORA, WHD, and ERF

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), Vista Energy (VIST), Sasol (SSL), Northern Oil and Gas (NOG), Ormat Technologies (ORA), Cactus (WHD), and Enerplus (ERF). 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 business? We will contrast the two businesses based on the strength of their risk, valuation, dividends, profitability, institutional ownership, community ranking, media sentiment, earnings and analyst recommendations.

Patterson-UTI Energy has a beta of 2.23, meaning that its share price is 123% more volatile than the S&P 500. Comparatively, Helmerich & Payne has a beta of 1.51, meaning that its share price is 51% more volatile than the S&P 500.

In the previous week, Helmerich & Payne had 6 more articles in the media than Patterson-UTI Energy. MarketBeat recorded 12 mentions for Helmerich & Payne and 6 mentions for Patterson-UTI Energy. Helmerich & Payne's average media sentiment score of 1.47 beat Patterson-UTI Energy's score of 1.39 indicating that Helmerich & Payne is being referred to more favorably in the news media.

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

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$4.15B1.10$246.29M$0.6816.63
Helmerich & Payne$2.87B1.32$434.10M$3.5011.00

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.6%. Patterson-UTI Energy pays out 47.1% 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 a net margin of 12.84% compared to Patterson-UTI Energy's net margin of 4.07%. 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 Energy4.07% 7.13% 4.57%
Helmerich & Payne 12.84%13.21%8.31%

Patterson-UTI Energy presently has a consensus price target of $15.67, indicating a potential upside of 38.52%. Helmerich & Payne has a consensus price target of $42.00, indicating a potential upside of 9.12%. Given Patterson-UTI Energy's stronger consensus rating and higher probable upside, research 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

Patterson-UTI Energy received 104 more outperform votes than Helmerich & Payne when rated by MarketBeat users. Likewise, 62.27% of users gave Patterson-UTI Energy an outperform vote while only 54.52% of users gave Helmerich & Payne an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
797
62.27%
Underperform Votes
483
37.73%
Helmerich & PayneOutperform Votes
693
54.52%
Underperform Votes
578
45.48%

Summary

Patterson-UTI Energy beats Helmerich & Payne on 11 of the 21 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$4.54B$1.22B$8.64B$7.99B
Dividend Yield2.83%3.55%11.67%3.91%
P/E Ratio16.637.2111.1614.80
Price / Sales1.102.6833.0680.86
Price / Cash4.468.8611.8431.98
Price / Book0.960.782.964.64
Net Income$246.29M-$199.48M$994.91M$217.28M
7 Day Performance3.86%1.90%1.82%2.90%
1 Month Performance-1.74%0.33%3.12%6.66%
1 Year Performance6.10%1.31%7.33%9.89%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
3.0087 of 5 stars
$38.59
+0.4%
$42.00
+8.8%
+17.6%$3.81B$2.87B11.036,200Short Interest ↓
Analyst Revision
Positive News
RIG
Transocean
4.6795 of 5 stars
$5.73
+0.9%
$7.70
+34.5%
+4.0%$4.69B$2.83B-11.015,800Insider Buying
Positive News
VAL
Valaris
3.418 of 5 stars
$71.90
+1.6%
$100.00
+39.1%
+31.8%$5.21B$1.78B6.295,985News Coverage
HPK
HighPeak Energy
1.2584 of 5 stars
$14.39
+0.1%
$22.10
+53.6%
+5.9%$1.85B$1.11B9.1148Positive News
VIST
Vista Energy
1.5576 of 5 stars
$46.55
+1.9%
$51.00
+9.6%
+135.1%$4.32B$1.17B13.49299
SSL
Sasol
3.059 of 5 stars
$7.22
+0.3%
N/A-37.7%$4.58B$16.30B0.0029,073Gap Down
NOG
Northern Oil and Gas
4.1156 of 5 stars
$40.72
+0.3%
$47.90
+17.6%
+29.2%$4.12B$2.17B6.6038Analyst Forecast
ORA
Ormat Technologies
4.6557 of 5 stars
$68.07
+0.6%
$81.00
+19.0%
-13.9%$4.11B$829.42M32.571,576Analyst Forecast
Analyst Revision
WHD
Cactus
3.2303 of 5 stars
$51.47
-0.4%
$55.14
+7.1%
+45.3%$4.08B$1.10B20.511,600Analyst Revision
News Coverage
ERF
Enerplus
2.6316 of 5 stars
$19.86
+0.4%
$21.69
+9.2%
+37.9%$4.06B$1.69B9.46404Analyst Forecast
Short Interest ↓
Analyst Revision
News Coverage

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This page (NASDAQ:PTEN) was last updated on 5/19/2024 by MarketBeat.com Staff

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