Risk factor
Very vulnerable to price shocks
Profitability factor
Undervalued vs peers
About
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma,...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA, reasonably priced on
Target Price
The average target price of PTEN is 8.0 and suggests 4% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decre
Buy
Sell