Patterson-UTI Energy, Inc. (PTEN)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Patterson-UTI Energy, Inc. (PTEN) is up 70.4% since the beginning of the year. At $10 per share, PTEN is trading 22.0% below its 52-week high of $13. Investors who bought $1,000 worth of PTEN shares 5 years ago would now be looking at an investment worth $1,112.

Patterson-UTI Energy, Inc. (PTEN) has returned 70.44% so far this year and 68.61% over the past 12 months. Over the last ten years, PTEN has returned -4.77% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Nov 2, 1993, PTEN's average daily return is +0.10%, while the average monthly return is +2.04%. At this rate, an investment would double in approximately 2.9 years.

Historically, 54% of months were positive and 46% were negative. The best month was Mar 1999 with a return of +97.8%, while the worst month was Mar 2020 at -58.7%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 8 months.

On a daily basis, PTEN closed higher 48% of trading days. The best single day was Apr 29, 2020 with a return of +27.7%, while the worst single day was Mar 9, 2020 at -44.7%.

Patterson-UTI Energy, Inc. has an annualized alpha of 13.30%, beta of 1.30, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since November 02, 1993.

• This stock captured 130.49% of S&P 500 Index gains and 126.37% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• R2 of 0.17 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

PTEN ranks 79 for risk / return — better than 79% of stocks on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

Patterson-UTI Energy, Inc. provided a 3.53% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The company has been increasing its dividends for 4 consecutive years.

The table displays the monthly dividend distributions for Patterson-UTI Energy, Inc.. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Patterson-UTI Energy, Inc.. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Patterson-UTI Energy, Inc. was 95.13%, occurring on Apr 3, 2020. The portfolio has not yet recovered.

The current Patterson-UTI Energy, Inc. drawdown is 65.46%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Patterson-UTI Energy, Inc. over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Patterson-UTI Energy, Inc. is priced in the market compared to other companies in the Oil & Gas Drilling industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.