Patterson-UTI Energy, Inc. (PTEN) fair value analysis
Nasdaq · Updated 2026-10-19
PTEN price how computed
Valuation status
No verdict this weekPTEN: Next year's consensus is far above both what this company earned over the last four quarters and what its most recent quarter is earning.
Our model does not publish a verdict on a forecast that far from results; it is re-evaluated weekly.
- Last price
- $11.50
- Sector
- Energy
- 12-month range
- $5.41–$13.15
- Market cap
- $4.37B
- From 52-week high
- -12.5%
- Shares outstanding
- 380M
- Rank in Energy by quality score
- #20 of 34
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Patterson-UTI Energy, Inc. is an onshore drilling company that provides contract drilling services to oil and natural gas exploration and production companies in the United States. The company operates drilling rigs primarily in major U.S. oil and gas basins including the Permian Basin, Eagle Ford Shale, and Bakken Formation.
PTEN currently ranks #20 of 34 Energy stocks by quality score.
Fundamentals (4 quarters) how computed
- Market cap
- $4.37B
- P/E (trailing)
- n/m
- Revenue (TTM)
- $4.67B
- Net margin
- -1.9%
- EPS (TTM)
- $-0.19
- Gross margin
- 22.9%
- Debt / equity
- 0.41
- Revenue growth (3-yr avg)
- 7.1%
- Shares outstanding
- 380M
Derived indicators how computed
- Quality grade
- F
- Margin trend
- Expanding
- 52-week position
- The top quarter of its range
- DCF cross-check
- Overvalued
Technicals how computed
- RSI (14-day)
- 45 · neutral
- 50-day average
- $11.73
- 200-day average
- $10.30
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $0.38 per share (4 payments)
- Yield on last price
- 3.30%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-09-01
- Last payment date
- 2026-09-15
Earnings how computed
- Next earnings report
- 2026-10-28 (post-market)
- Last 8 quarters vs consensus
- 4 beat, 4 missed
- Quarter by quarter
- 2026-06 ▼ miss (-100.0%)
2026-03 ▲ beat (+40.0%)
2025-12 ▲ beat (+80.0%)
2025-09 ▲ beat (+44.4%)
2025-06 ▼ miss (-225.0%)
2025-03 ▲ beat (+107.7%)
2024-12 ▼ miss (-30.0%)
2024-09 ▼ miss (-25100.0%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 9 buy · 6 hold · 0 sell (15 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $13.9
- Target vs last price
- +20.9%
What our data shows for PTEN
- Our model validated 7 trailing price-to-earnings windows for PTEN, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $5.41–$13.15.
- The 14-day relative strength index sits at a neutral 45.
What subscribers see
- Every published Forward Fair Value with its exact discount or premium
- The normalized P/E and quarter count behind each estimate
- Screeners and rankings across the full S&P 500 and Nasdaq universes
- PTEN's own verdict the week it qualifies, published automatically
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent PTEN news
TickrTrends' derived news-sentiment signal for PTEN is currently leaning positive, computed from recent coverage.
- Is Patterson-UTI Energy Inc (PTEN) Overvalued After 4.8% Rally? GF Value Says Overvalued (gurufocus.com, 2026-10-19)
TickrTrends take: Patterson-UTI Energy Inc trades in a sector where commodity price volatility significantly impacts profitability and valuation multiples. The TickrTrends overvalued assessment aligns with the valuation-focused perspective presented in the recent analyst commentary, suggesting the stock's recent gains may not reflect sustainable fundamental improvements in the energy services market. Investors monitoring valuation metrics should observe whether operational cash flow and contract backlog can justify the current price level, particularly given energy sector cyclicality and sensitivity to oil and gas spending trends. - Patterson-UTI Energy Inc (PTEN) Shares Surge 3.0% -- What GF Score of 62 Tells Investors (gurufocus.com, 2026-10-06)
TickrTrends take: Patterson-UTI Energy's recent 3 percent share price increase occurs within a valuation context where TickrTrends currently rates the stock as overvalued. The GF Score of 62 indicates moderate fundamental quality, which investors focused on valuation should weigh against the current pricing to determine if the recent momentum represents a genuine opportunity or a further departure from fair value. For valuation-conscious investors in the energy sector, this combination of overvaluation status and middling quality metrics suggests monitoring whether the stock price will correct toward intrinsic value or whether fundamentals might improve sufficiently to justify current levels. - PTEN Reinstated by UBS -- Rating Set to Neutral with $13 Price Target (gurufocus.com, 2026-10-02)
TickrTrends take: UBS has reinstated coverage of PTEN with a Neutral rating and a 13 dollar price target, which suggests the analyst sees limited upside from current levels. Given TickrTrends' current assessment that PTEN is overvalued, this cautious positioning from a major bank aligns with concerns about stretched valuations in the energy sector. Investors focused on valuation metrics should monitor whether PTEN's trading range tightens toward the UBS target or whether sector dynamics shift the fundamental outlook.
More PTEN news
- PTEN Maintained by Citigroup -- Price Target Lowered to $12.50 (gurufocus.com, 2026-10-02)
What people are saying
Follow the PTEN conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-28 — PTEN's technical trend shifted from uptrend to mixed this week, as indicated by the 50/200-day moving average relationship. The stock remains classified as overvalued based on current valuation metrics. This change in trend state suggests a loss of momentum in the stock's recent price movement.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is PTEN stock undervalued?
PTEN does not yet have sufficient validated earnings history for a full Forward Fair Value verdict under TickrTrends' standards; it is re-evaluated every week.
What is PTEN's TickrTrends verdict?
PTEN is currently marked 'Awaiting full valuation' - a verdict publishes automatically once at least six validated trailing P/E windows accumulate.
How does PTEN compare to other Energy stocks?
PTEN ranks #20 of 34 Energy stocks in TickrTrends' coverage by quality score. It carries no fair-value verdict yet, so it is not ranked by discount.
Is PTEN overbought or oversold?
PTEN's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does PTEN pay a dividend?
Yes. PTEN paid $0.38 per share over the last twelve months (4 payments), a 3.30% yield on TickrTrends' last price. The last ex-dividend date was 2026-09-01.
When does PTEN report earnings next?
PTEN's next earnings report is scheduled for 2026-10-28 (post-market), per the published earnings calendar.
Does PTEN usually beat earnings estimates?
Over its last 8 reported quarters PTEN beat the consensus estimate 4 times and missed 4 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about PTEN?
Of 15 analysts covering PTEN, 9 rate it a buy, 6 a hold and 0 a sell - buy-leaning, with a consensus price target of $13.9 (+20.9% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.