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 (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.
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.
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.
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.
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.
Summary
Patterson-UTI Energy beats Helmerich & Payne on 11 of the 21 factors compared between the two stocks.
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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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