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Patterson-UTI Energy (PTEN) Competitors

$11.00
+0.20 (+1.85%)
(As of 05/28/2024 ET)

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 vs.

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

Helmerich & Payne has higher earnings, but lower revenue 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
Helmerich & Payne$2.87B1.29$434.10M$3.5010.75
Patterson-UTI Energy$4.87B0.91$246.29M$0.6816.18

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

Helmerich & Payne pays an annual dividend of $1.00 per share and has a dividend yield of 2.7%. Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 2.9%. Helmerich & Payne pays out 28.6% of its earnings in the form of a dividend. Patterson-UTI Energy pays out 47.1% 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. Patterson-UTI Energy has raised its dividend for 3 consecutive years. Patterson-UTI Energy is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

In the previous week, Patterson-UTI Energy had 17 more articles in the media than Helmerich & Payne. MarketBeat recorded 18 mentions for Patterson-UTI Energy and 1 mentions for Helmerich & Payne. Patterson-UTI Energy's average media sentiment score of 0.70 beat Helmerich & Payne's score of 0.62 indicating that Helmerich & Payne is being referred to more favorably in the media.

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

Helmerich & Payne has a net margin of 12.84% compared to Helmerich & Payne's net margin of 4.07%. Patterson-UTI Energy's return on equity of 13.21% beat Helmerich & Payne's return on equity.

Company Net Margins Return on Equity Return on Assets
Helmerich & Payne12.84% 13.21% 8.31%
Patterson-UTI Energy 4.07%7.13%4.57%

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

Helmerich & Payne currently has a consensus price target of $42.00, indicating a potential upside of 11.58%. Patterson-UTI Energy has a consensus price target of $15.67, indicating a potential upside of 42.42%. Given Helmerich & Payne's stronger consensus rating and higher probable upside, analysts plainly believe Patterson-UTI Energy is more favorable than Helmerich & Payne.

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

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

Summary

Patterson-UTI Energy beats Helmerich & Payne on 13 of the 22 factors compared between the two stocks.

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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$4.42B$1.23B$7.94B$8.09B
Dividend Yield2.96%3.61%11.77%3.96%
P/E Ratio16.186.2412.2618.43
Price / Sales0.912.6076.8772.31
Price / Cash4.268.6311.4728.77
Price / Book0.950.793.414.39
Net Income$246.29M-$199.48M$962.34M$213.55M
7 Day Performance-4.10%-0.02%0.73%-0.80%
1 Month Performance-2.22%0.31%3.53%3.42%
1 Year Performance4.76%1.47%8.77%7.53%

Patterson-UTI Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HP
Helmerich & Payne
3.2016 of 5 stars
$37.15
+0.1%
$42.00
+13.1%
+15.0%$3.67B$2.87B10.616,200Positive News
OMP
Oasis Midstream Partners
0 of 5 stars
$23.86
flat
N/AN/A$1.16B$347.86M6.252,020
NBR
Nabors Industries
1.912 of 5 stars
$72.97
-0.8%
$124.75
+71.0%
-15.4%$780.78M$3.05B-5.2812,000
VAL
Valaris
3.2681 of 5 stars
$72.99
-1.1%
$99.20
+35.9%
+24.2%$5.29B$1.88B6.395,985Positive News
RIG
Transocean
3.009 of 5 stars
$5.77
-0.7%
$7.70
+33.4%
-1.4%$4.73B$2.83B-11.105,800
HPK
HighPeak Energy
1.6438 of 5 stars
$14.92
+1.5%
$23.60
+58.2%
+10.7%$1.91B$1.11B12.0348Short Interest ↑
Analyst Revision
BORR
Borr Drilling
1.3959 of 5 stars
$6.84
+5.9%
$9.00
+31.6%
+1.1%$1.04B$771.60M40.242,869Earnings Report
Dividend Announcement
Short Interest ↓
Gap Up
PDS
Precision Drilling
2.2084 of 5 stars
$70.79
+2.4%
$48.00
-32.2%
+65.5%$1.02B$1.44B6.225,560
ICD
Independence Contract Drilling
0.1603 of 5 stars
$1.42
-3.4%
N/A-48.8%$21.60M$210.11M-0.43450Gap Down
AMNI
American Noble Gas
0 of 5 stars
$0.02
-10.4%
N/A-58.8%$539,000.00$120,000.00-0.173Gap Down

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This page (NASDAQ:PTEN) was last updated on 5/29/2024 by MarketBeat.com Staff

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