📊 PTEN Key Takeaways
Is Patterson Uti Energy Inc. (PTEN) a Good Investment?
Patterson UTI Energy is unprofitable with negative free cash flow of -$52.8M, indicating the business cannot sustain itself internally despite $1.1B in revenue. While the company shows modest operational improvements (EPS +90.2% YoY) and maintains adequate liquidity, it remains unable to cover interest expenses from operations and faces minimal revenue growth in a cyclical drilling downturn.
Patterson Uti Energy Inc. Key Strengths (PTEN)
- Strong liquidity position with 1.84x current ratio and $335.1M cash providing runway
- Moderate leverage at 0.39x debt-to-equity ratio offers financial flexibility relative to industry
- Positive operating cash flow of $63.9M demonstrates some operational viability despite losses
- Significant earnings improvement trend with EPS advancing 90.2% YoY toward breakeven
- Solid equity base of $3.2B provides balance sheet cushion against $2.2B liabilities
PTEN Stock Risks: Patterson Uti Energy Inc. Investment Risks
- Negative free cash flow of -$52.8M unsustainable; company burns cash despite operations
- Operating income and net income both negative; -1.3% operating margin and -2.2% net margin
- Interest coverage ratio of -0.8x means debt service cannot be covered from operations
- Capital expenditure of $116.6M far exceeds operating cash flow of $63.9M, requiring continuous financing
- Negligible 0.7% YoY revenue growth amid cyclical oil and gas drilling sector weakness
- Negative ROE (-0.8%) and ROA (-0.5%) signal poor capital efficiency and asset utilization
Key Metrics to Watch
- Free cash flow trends - path to positive FCF critical to assess sustainability
- Operating margin recovery - timeline to return to profitability
- Cash depletion rate versus $335M reserve - months of runway remaining
- Operating cash flow adequacy relative to capex requirements
- Oil and gas commodity prices and drilling rig utilization - sector cycle inflection points
Patterson Uti Energy Inc. (PTEN) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Patterson Uti Energy Inc. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
PTEN Profit Margin, ROE & Profitability Analysis
PTEN vs Energy Sector: How Patterson Uti Energy Inc. Compares
How Patterson Uti Energy Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Patterson Uti Energy Inc. Stock Overvalued? PTEN Valuation Analysis 2026
Based on fundamental analysis, Patterson Uti Energy Inc. has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Patterson Uti Energy Inc. Balance Sheet: PTEN Debt, Cash & Liquidity
PTEN Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Patterson Uti Energy Inc.'s revenue has grown significantly by 115% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.88 reflects profitable operations.
PTEN Revenue Growth, EPS Growth & YoY Performance
PTEN Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $1.1B | $1.0M | $0.00 |
| Q3 2025 | $1.2B | -$36.4M | $-0.10 |
| Q2 2025 | $1.2B | $11.1M | $0.03 |
| Q1 2025 | $1.3B | $1.0M | $0.00 |
| Q3 2023 | $727.5M | $50.0K | $0.00 |
| Q2 2023 | $622.2M | -$6.9M | $-0.03 |
| Q1 2023 | $509.4M | -$28.8M | $-0.13 |
| Q3 2022 | $357.9M | $21.9M | $0.25 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Patterson Uti Energy Inc. Dividends, Buybacks & Capital Allocation
PTEN SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Patterson Uti Energy Inc. (CIK: 0000889900)
📋 Recent SEC Filings
❓ Frequently Asked Questions about PTEN
What is the AI rating for PTEN?
Patterson Uti Energy Inc. (PTEN) has an AI grade of C with 78% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PTEN's key strengths?
Claude: Strong liquidity position with 1.84x current ratio and $335.1M cash providing runway. Moderate leverage at 0.39x debt-to-equity ratio offers financial flexibility relative to industry.
What are the risks of investing in PTEN?
Claude: Negative free cash flow of -$52.8M unsustainable; company burns cash despite operations. Operating income and net income both negative; -1.3% operating margin and -2.2% net margin.
What is PTEN's revenue and growth?
Patterson Uti Energy Inc. reported revenue of $1.1B.
Does PTEN pay dividends?
Patterson Uti Energy Inc. pays dividends, with $38.0M distributed to shareholders in the trailing twelve months.
Where can I find PTEN SEC filings?
Official SEC filings for Patterson Uti Energy Inc. (CIK: 0000889900) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PTEN's EPS?
Patterson Uti Energy Inc. has a diluted EPS of $-0.06.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is PTEN's fundamental grade?
Based on our AI fundamental analysis in May 2026, Patterson Uti Energy Inc. has a C grade with 78% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is PTEN stock overvalued or undervalued?
Valuation metrics for PTEN: ROE of -0.8% (sector avg: 14%), net margin of -2.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is PTEN's AI grade for 2026?
Our dual AI analysis gives Patterson Uti Energy Inc. a combined C grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is PTEN's free cash flow?
Patterson Uti Energy Inc.'s operating cash flow is $63.9M, with capital expenditures of $116.6M. FCF margin is -4.7%.
How does PTEN compare to other Energy stocks?
Vs Energy sector averages: Net margin -2.2% (avg: 12%), ROE -0.8% (avg: 14%), current ratio 1.84 (avg: 1.3).