PTEN vs. NE
Compare and contrast key facts about Patterson-UTI Energy, Inc. (PTEN) and Noble Corporation (NE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTEN or NE.
Key characteristics
| PTEN | NE | |
|---|---|---|
| YTD Return | -21.38% | -25.32% |
| 1Y Return | -29.40% | -22.69% |
| 3Y Return (Ann) | -2.86% | 8.51% |
| Sharpe Ratio | -0.75 | -0.65 |
| Sortino Ratio | -1.02 | -0.81 |
| Omega Ratio | 0.89 | 0.91 |
| Calmar Ratio | -0.39 | -0.56 |
| Martin Ratio | -1.51 | -1.31 |
| Ulcer Index | 19.89% | 17.27% |
| Daily Std Dev | 39.74% | 34.51% |
| Max Drawdown | -95.13% | -40.01% |
| Current Drawdown | -74.12% | -32.91% |
Fundamentals
| PTEN | NE | |
|---|---|---|
| Market Cap | $3.23B | $5.58B |
| EPS | -$2.20 | $3.40 |
| Total Revenue (TTM) | $5.80B | $2.77B |
| Gross Profit (TTM) | $424.71M | $1.35B |
| EBITDA (TTM) | $463.13M | $858.67M |
Correlation
The correlation between PTEN and NE is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PTEN vs. NE - Performance Comparison
In the year-to-date period, PTEN achieves a -21.38% return, which is significantly higher than NE's -25.32% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PTEN vs. NE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Patterson-UTI Energy, Inc. (PTEN) and Noble Corporation (NE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
PTEN vs. NE - Dividend Comparison
PTEN's dividend yield for the trailing twelve months is around 3.86%, less than NE's 4.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTEN Patterson-UTI Energy, Inc. | 3.86% | 2.96% | 1.19% | 0.95% | 1.90% | 1.52% | 1.35% | 0.35% | 0.59% | 2.65% | 2.41% | 0.79% |
NE Noble Corporation | 4.89% | 1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTEN vs. NE - Drawdown Comparison
The maximum PTEN drawdown since its inception was -95.13%, which is greater than NE's maximum drawdown of -40.01%. Use the drawdown chart below to compare losses from any high point for PTEN and NE. For additional features, visit the drawdowns tool.
Volatility
PTEN vs. NE - Volatility Comparison
Patterson-UTI Energy, Inc. (PTEN) and Noble Corporation (NE) have volatilities of 13.89% and 14.52%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Financials
PTEN vs. NE - Financials Comparison
This section allows you to compare key financial metrics between Patterson-UTI Energy, Inc. and Noble Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities