PTEN vs. HP, OMP, NBR, VAL, RIG, HPK, BORR, PDS, ICD, and AMNI
Should you be buying Patterson-UTI Energy stock or one of its competitors? The main competitors of Patterson-UTI Energy include Helmerich & Payne (HP), Oasis Midstream Partners (OMP), Nabors Industries (NBR), Valaris (VAL), Transocean (RIG), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Independence Contract Drilling (ICD), and American Noble Gas (AMNI). 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 better stock? We will contrast the two businesses based on the strength of their profitability, community ranking, media sentiment, valuation, earnings, dividends, risk, analyst recommendations and institutional ownership.
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 insiders. Comparatively, 4.4% of Helmerich & Payne shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
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.
Patterson-UTI Energy presently has a consensus price target of $15.67, indicating a potential upside of 42.17%. Helmerich & Payne has a consensus price target of $42.00, indicating a potential upside of 10.35%. Given Patterson-UTI Energy's stronger consensus rating and higher possible upside, research analysts clearly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.
In the previous week, Patterson-UTI Energy had 7 more articles in the media than Helmerich & Payne. MarketBeat recorded 7 mentions for Patterson-UTI Energy and 0 mentions for Helmerich & Payne. Patterson-UTI Energy's average media sentiment score of 0.85 beat Helmerich & Payne's score of 0.00 indicating that Patterson-UTI Energy is being referred to more favorably in the media.
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.
Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.9%. 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.
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.
Summary
Patterson-UTI Energy beats Helmerich & Payne on 13 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.
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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