What does the company do?
Patterson-UTI Energy, Inc. is a provider of contract drilling business. It operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Alabama, Colorado, Arizona, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, West Virginia and western Canada. It provides pressure pumping services to oil and natural gas operators primarily in the Appalachian Basin. These services consist primarily of well stimulation and cementing for completion of new wells and remedial work on existing wells. It provides drilling fluids, completion fluids and related services to oil and natural gas operators offshore in the Gulf of Mexico and on land in Texas, New Mexico, Oklahoma and Louisiana. It owns and invests in oil and natural gas assets as a working interest owner. It conducts its business through four segments: contract drilling, pressure pumping services, drilling and completion fluids services, and oil and natural gas exploration and production.
How much does the company sell and earn?
Investors need to know how much stuff or services a company sells, and how much of that total it keeps as income (or profit) to grow its business or return to shareholders. The more of each, the better. In general, look for companies that sell and earn more than peers.
- Patterson UTI one-year sales: 1.20 Bil.
Difference from the average for the Oil & Gas Drilling & Exploration group: -97.77% - Patterson UTI one-year income: 59.56 Mil.
Difference from the average for the Oil & Gas Drilling & Exploration group: -99.13%| Sales & Income (past 12 months) | Company | Industry |
|---|
| Sales | 1.20 Bil | 53.95 Bil | | Income | 59.56 Mil | 6.84 Bil |
How fast is the company growing?
- Patterson UTI one-year sales growth: -61.40%.
Difference from the average for the Oil & Gas Drilling & Exploration group: -57.40 pct. pts.| Sales & Income Growth (past 12 months) | Company | Industry |
|---|
| Sales Growth | -61.40% | -4.00% | | Income Growth | NA | -35.40% |
How profitable is the company?
Investors prefer companies that increase profit margins -- the percentage of sales that they keep -- every year. This is accomplished either by lowering expenses or raising prices. Look for companies that consistently find ways to squeeze more profits out of sales than their peers.
- Patterson UTI one-year net profit margin: 4.9%
Difference from the company's 5-year average net profit margin: -15.1 pct. pts.
Difference from the average for the Oil & Gas Drilling & Exploration group: -4.9 pct. pts.
| Net profit margins (%) |
|---|
| Company | 4.9% | | Company 5-Yr Avg. | 20.0% | | Industry | 9.8% |
How is the company's financial health?
The debt/equity ratio shows how much a firm has borrowed as a percentage of its stock equity. The lower, the better.
- Patterson UTI debt/equity ratio: 0.00.
Average debt/equity ratio for the Oil & Gas Drilling & Exploration group: 0.40.
| | Company | Industry |
|---|
| Debt/equity ratio | 0.00 | 0.40 |
|
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