Patterson-UTI Energy Stock Price and Value Analysis

Should you buy Patterson-UTI Energy stock? (NasdaqGS:PTEN). Let's see how it does in our automated value investing analysis system.

PTEN Free Cash Flow Trend

Free Cash Flow trendline for PTEN
Free Cash Flow trendline for Patterson-UTI Energy

Based on historical returns, we believe that Patterson-UTI Energy can grow its free cash at a rate of about 6%. That's positive!

AdvantagesDisadvantages
  • This company is making money at a decent rate.
  • This company has stable growth.
  • This stock is available at a great discount!
  • This company has a low dividend yield.
  • This company is less known than others.

Inside the PTEN Numbers

PTEN Price
(Patterson-UTI Energy stock price per share)
$8.56
[?] PTEN Fair Price
(based on intrinsic value)
$60.82
[?] PTEN Safety Price (based on a variable margin of safety) $36.49
[?] PE Ratio versus Sector 5527% higher than other Energy stocks
[?] PE Ratio versus Industry 5489% higher than other Oil & Gas Drilling stocks
[?] Cash Yield 71.28%
[?] Free Cash Flow Jitter 18%
[?] Dividend Yield 1%
Shares Shorted 15,061,928

This stock has short interest! This means that people have shorted it.

Why does that matter? They've made a bet that price will decrease from where they bought it. Maybe there are financial problems, or maybe there's a value play.

As of the latest analysis, there are 15,061,928 shares shorted. With 183,763,918 shares available for purchase and an average trading volume over the past 10 trading days of 1,900,200, it would take at least 7.926 days for all of the short holders to cover their shorts.

Is Patterson-UTI Energy Stock on Sale?

We believe that Patterson-UTI Energy may be worth examining further. It's making money, which is a very positive sign. Is it on sale?

Even better, Patterson-UTI Energy looks like a stock on sale. Based on our analysis—if the company keeps making money the way it has been—you may be looking at a bargain. Keep this stock in mind as you put together your portfolio! See Before You Buy for your next steps (and read our disclaimer about investing risk).

Should You Buy PTEN Stock?

Does Patterson-UTI Energy have a coherent story? Does it have a plan to continue to make money? Is it worth your time? Only you can decide where to go from here. Our investment guide helps you ask the right questions, including how to buy stocks. Use these research links for more information.