GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Patterson UTI Energy
Patterson-UTI is one of the largest onshore drilling companies in the United States. Its stock price is directly linked to activity in the oil and gas industry, which is determined by oil and gas prices. The chart serves as a barometer of the health of the American shale industry.
Share prices of companies in the market segment - Oil and gas services
Patterson-UTI is one of the largest oilfield services companies in the US, with segments in drilling, hydraulic fracturing, and compression. We classify it as part of the Oil and Gas Services sector, and the chart below reflects the dynamics of the entire industry, which is highly cyclical and dependent on energy prices.
Broad Market Index - GURU.Markets
Patterson-UTI Energy is one of North America's leading oilfield services companies, providing drilling and hydraulic fracturing services. Its operations are a barometer of the oil and gas industry. The company's status makes it a key component of the GURU.Markets index. The chart below represents the entire market. Find out how Patterson-UTI compares to it.
Change in the price of a company, segment, and market as a whole per day
PTEN - Daily change in the company's share price Patterson UTI Energy
The daily fluctuations of Patterson-UTI shares, an oilfield services giant, reflect the pulse of drilling activity. change_co reflects the company's sensitivity to oil prices and the number of operating rigs. This metric, while unspectacular, is indispensable for analyzing cycles in the energy sector using System.GURU.Markets formulas.
Daily change in the price of a set of shares in a market segment - Oil and gas services
Patterson-UTI Energy, Inc. is one of the largest oilfield services companies in the United States. This chart demonstrates the sector's high volatility. A comparison with PTEN, with its drilling and fracking business, shows its direct dependence on oil prices.
Daily change in the price of a broad market stock, index - GURU.Markets
Patterson-UTI is one of the largest onshore drilling companies in the United States. This business is highly dependent on drilling activity, which is tied to oil prices. The chart below illustrates the high volatility typical of the oilfield services sector and helps evaluate Patterson-UTI.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Patterson UTI Energy
Patterson-UTI is one of the largest land drilling rig operators in the United States. Its year-to-year performance is an accurate barometer of investment activity in the shale oil and gas industry. The chart below tells the story of this cyclical business.
Annual dynamics of market capitalization of the market segment - Oil and gas services
Patterson-UTI Energy, Inc., following its merger with NexTier, has become a giant in the US oilfield services market, particularly in drilling and fracking. The chart below shows how its scale, merger synergies, and dependence on shale production cycles influence its performance.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Patterson-UTI, a major drilling rig operator, is at the epicenter of the US shale industry. Its stock price performance is closely tied to oil and gas prices and the investment plans of oilfield service companies. The chart is a classic cyclical story in the oilfield services sector, reflecting the health of the US energy sector.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Patterson UTI Energy
Patterson-UTI, one of the leading US drilling and completion services companies, shows monthly fluctuations directly reflecting the number of active drilling rigs in the US, which is dependent on oil and gas prices.
Monthly dynamics of market capitalization of the market segment - Oil and gas services
The oilfield services sector, particularly in onshore drilling, follows the rhythm of oil prices. Its annual market capitalization dynamics, shown in the chart, directly reflect the investment activity of production companies. It demonstrates whether drilling contractors like Patterson-UTI Energy operated in uptrend or downtrend conditions.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Patterson-UTI Energy provides oil drilling services. The company's shares are directly dependent on oil prices and investment activity in the sector. Their stock price is cyclical and often moves counter to the broader market, which is suffering from high energy prices.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Patterson UTI Energy
Patterson-UTI Energy provides drilling and hydraulic fracturing services in North America. Its weekly stock price is directly linked to oil and gas prices, as well as the number of active drilling rigs, which is an indicator of activity in the exploration and production sector.
Weekly dynamics of market capitalization of the market segment - Oil and gas services
Patterson-UTI, as a major oilfield services company, is a barometer for the entire sector. Its weekly performance is closely tied to oil prices and drilling activity. The chart allows you to compare it to its peers and see how its scale and service diversification impact its stock performance compared to smaller players.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Patterson-UTI is one of the largest onshore drilling companies in the US. Its business is highly cyclical and directly dependent on oil and gas prices. The chart clearly shows how its shares amplify fluctuations in the energy sector, often countering the market.
Market capitalization of the company, segment and market as a whole
PTEN - Market capitalization of the company Patterson UTI Energy
The market capitalization of Patterson-UTI Energy, one of the leading onshore drilling companies in the US, is closely tied to oil prices and sector activity. Its value rises as oil and gas producers increase their drilling budgets. Investors value its modern drilling rig fleet and focus on technological efficiency.
PTEN - Share of the company's market capitalization Patterson UTI Energy within the market segment - Oil and gas services
Patterson-UTI Energy is one of the leading providers of onshore drilling and completion services in the United States. Its significant market share makes it a barometer of activity in the shale oil and gas industry.
Market capitalization of the market segment - Oil and gas services
The chart below shows the total value of the US oilfield services sector. Patterson-UTI Energy is one of its leaders, providing drilling and hydraulic fracturing services. The dynamics of this highly cyclical market, which you can see, are directly dependent on oil prices and the activity of extractive companies. Patterson-UTI is at the very center of this process.
Market capitalization of all companies included in a broad market index - GURU.Markets
Patterson-UTI Energy is one of the leading drilling services companies in the US. Its market capitalization is closely tied to activity in the oil and gas industry. The chart below shows the importance of service companies supporting the shale revolution and energy production.
Book value capitalization of the company, segment and market as a whole
PTEN - Book value capitalization of the company Patterson UTI Energy
The foundation of Patterson-UTI Energy is its vast fleet of drilling rigs and hydraulic fracturing equipment operating in US shale fields. Book value is a direct valuation of this hardware. The chart is a barometer of the shale industry: its ups and downs reflect cycles of drilling activity, mergers, and asset write-offs.
PTEN - Share of the company's book capitalization Patterson UTI Energy within the market segment - Oil and gas services
Patterson-UTI Energy provides drilling services. The chart shows its significant share of physical assets. Its business is a fleet of modern drilling rigs, which are key to oil and gas production in North America.
Market segment balance sheet capitalization - Oil and gas services
Patterson-UTI Energy is one of the largest drilling companies, making its business extremely capital-intensive. Its balance sheet is weighed down by the cost of hundreds of drilling rigs, a fleet of hydraulic fracturing equipment, and other heavy equipment. Compared to the entire oilfield services sector, it is a classic heavyweight.
Book value of all companies included in the broad market index - GURU.Markets
Patterson-UTI's assets comprise an armada of hundreds of drilling rigs and hydraulic fracturing equipment operating in North American oil fields. The company's balance sheet represents the physical "hardware" without which modern shale oil production is impossible. The chart illustrates the physical scale of this service behemoth.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Patterson UTI Energy
Patterson-UTI Energy provides drilling and well servicing services. It's a capital-intensive business, where the value of drilling rigs on the balance sheet is significant. Its market capitalization, however, fluctuates significantly with oil and gas prices, reflecting cyclical trends and sentiment in the energy sector.
Market to book capitalization ratio in a market segment - Oil and gas services
Patterson-UTI Energy provides drilling and well servicing services. Its business is based on owning a large fleet of drilling rigs. This metric demonstrates how the market values ββthis fleet based on oil prices and drilling activity, comparing it to the book value of the rigs.
Market to book capitalization ratio for the market as a whole
Patterson-UTI Energy provides drilling and well servicing services to the oil and gas industry. The company owns a vast fleet of drilling rigs and other equipment. This chart shows how the market valuation of this capital-intensive business is directly dependent on oil prices and investment activity in the sector.
Debts of the company, segment and market as a whole
PTEN - Company debts Patterson UTI Energy
Patterson-UTI Energy provides drilling and well completion services to the oil and gas industry. This capital-intensive and cyclical business uses debt to finance and upgrade its fleet of drilling rigs and hydraulic fracturing equipment to meet customer technological requirements.
Market segment debts - Oil and gas services
Patterson-UTI Energy provides drilling and completion services to the oil and gas industry. It's a highly cyclical and capital-intensive business, where debt management is critical to survival. This chart shows how conservatively or aggressively the company manages its balance sheet to weather periods of low oil prices and invest during periods of growth.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Patterson UTI Energy
Patterson-UTI Energy is one of the leading drilling and completion services companies in North America. This chart shows its financial position in the cyclical oilfield services industry. Managing debt levels is key to surviving periods of low oil prices and investing in rig upgrades during booms.
Market segment debt to market segment book capitalization - Oil and gas services
Patterson-UTI Energy provides drilling and well servicing services in the cyclical oil and gas industry. This chart illustrates the overall debt burden in the oilfield services sector. It helps assess how well the company's financial strategy adapts to oil price fluctuations and how it manages its capital compared to its competitors.
Debt to book value of all companies in the market
Patterson-UTI Energy operates in the cyclical oil and gas industry. This chart illustrates the overall debt burden across the economy. The comparison shows how debt cycles in the oilfield services sector, dependent on energy prices, align with the general credit cycles affecting all industries.
P/E of the company, segment and market as a whole
P/E - Patterson UTI Energy
For Patterson-UTI Energy, one of the largest drilling companies in the US, this chart mirrors the oil and gas industry. Investors' estimates of its profits are directly dependent on oil prices and shale activity. A rising figure indicates expectations for a new drilling boom, while a decline indicates a reduction in investment in the sector.
P/E of the market segment - Oil and gas services
This chart shows the average valuation for the oilfield services industryβthe benchmark for Patterson-UTI. The valuation of the entire sector is highly dependent on oil prices. Comparison with this metric helps investors understand how the market views a company's leadership position in onshore drilling in the US and its operational efficiency relative to its competitors.
P/E of the market as a whole
Patterson-UTI Energy is one of the leading drilling and completion services companies in the United States. Its business is directly dependent on oil and gas prices and the activity of upstream companies. This market sentiment chart often reflects expectations for global economic growth, which in turn drives demand for energy and, consequently, for Patterson-UTI's services.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Patterson UTI Energy
Patterson-UTI Energy is one of the leading providers of drilling and well completion services in the United States. Its revenue is directly dependent on oil and gas company activity and energy prices. This chart shows analyst forecasts for future drilling volumes, which is an indicator of the investment climate in the American oil industry.
Future (projected) P/E of the market segment - Oil and gas services
Patterson-UTI Energy is a leading US oilfield services company providing drilling and hydraulic fracturing services. Its valuation relative to other industry players reflects expectations for shale oil and gas production activity. This is an indicator of how the market views future energy prices and demand for its services.
Future (projected) P/E of the market as a whole
Patterson-UTI Energy is one of the leading drilling and completion services companies in the United States. Its business is directly dependent on oil and gas activity, which, in turn, is driven by oil prices. This chart reflects economic growth expectations, serving as an indicator of future energy demand and, consequently, Patterson-UTI's services.
Profit of the company, segment and market as a whole
Company profit Patterson UTI Energy
Patterson-UTI Energy is one of the leading drilling and completion services companies in North America. The dynamics in this chart directly correlate with oil prices and drilling activity. When oil and gas producers increase capital expenditures, Patterson-UTI's financial results improve.
Profit of companies in the market segment - Oil and gas services
Patterson-UTI Energy provides drilling and well servicing services to the oil and gas industry. Its business is directly dependent on the activity of upstream companies. This chart serves as a barometer of the health of the entire oilfield services sector. It shows how oil and gas prices translate into drilling investment, determining Patterson-UTI's revenue.
Overall market profit
Patterson-UTI Energy provides drilling and well completion services to the oil and gas industry. It's a highly cyclical business, whose revenues depend on energy prices and the investment activity of upstream companies. This overall profit curve may conflict with PTEN's performance, which thrives when oil prices are high, even if the rest of the economy stagnates.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Patterson UTI Energy
Patterson-UTI Energy is one of the leading onshore drilling rig operators in the US. Its profits are directly tied to oil and gas company activity and energy prices. This chart shows analyst expectations for demand for drilling and hydraulic fracturing services, a key indicator of the health of the US shale sector.
Future (predicted) profit of companies in the market segment - Oil and gas services
Patterson-UTI Energy is one of the leading US oilfield services companies, providing drilling and hydraulic fracturing (fracking) services. Its business is directly dependent on the activity of oil and gas companies and oil prices. This chart shows profit forecasts for the entire oilfield services sector. It clearly illustrates how cyclical this industry is and how it reacts to energy prices.
Future (predicted) profit of the market as a whole
Patterson-UTI Energy provides drilling and well completion services to the oil and gas industry. This revenue projection chart is an indicator of the company's activity in the sector. Growing economic activity and energy demand are driving upstream companies to increase investment in drilling, which directly increases demand for Patterson-UTI's drilling rigs and services.
P/S of the company, segment and market as a whole
P/S - Patterson UTI Energy
Patterson-UTI Energy provides drilling and well servicing services to the oil and gas industry. This chart shows how investor estimates of its revenue are directly related to oil prices and drilling activity. It's a classic cyclical business, and this metric confirms that.
P/S market segment - Oil and gas services
Patterson-UTI Energy is one of the leading drilling and completion services companies in North America. This chart shows the average valuation in the oil and gas services sector. It reflects how oil price cyclicality and drilling activity influence investor perceptions of Patterson-UTI's ability to generate revenue and profits.
P/S of the market as a whole
Patterson-UTI Energy provides drilling and hydraulic fracturing services to oil and gas companies in North America. The company's revenue is directly dependent on upstream activity and energy prices. This chart provides an overview of investor sentiment on the cyclical oil and gas service business, compared to average market valuations.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Patterson UTI Energy
Patterson-UTI Energy is one of the leading well drilling and completion services companies in the United States. Its future revenue is directly dependent on oil and gas activity and energy prices. This chart reflects investor expectations regarding onshore drilling volumes and the company's ability to efficiently utilize its rig fleet.
Future (projected) P/S of the market segment - Oil and gas services
Patterson-UTI Energy is one of the largest drilling and hydraulic fracturing (fracking) services companies in North America. Its business is directly dependent on oil and gas prices and the activity of upstream companies. This chart compares its future revenue expectations with other oilfield services companies, reflecting the state of the industry.
Future (projected) P/S of the market as a whole
This shows the overall market forecast for energy prices. For Patterson-UTI Energy, one of the leading drilling and service companies in the US, this is a direct indicator of activity. Investor optimism about the economy typically leads to increased demand for oil and gas, which prompts producers to increase drilling and hire service companies like PTEN.
Sales of the company, segment and market as a whole
Company sales Patterson UTI Energy
Patterson-UTI Energy is a leading provider of drilling and well completion services to the North American oil and gas industry. This chart shows revenue from drilling rig rentals and hydraulic fracturing services. Its dynamics are directly dependent on oil and gas prices, as well as drilling activity in the US.
Sales of companies in the market segment - Oil and gas services
Patterson-UTI Energy is one of the largest oilfield services companies in the US, providing drilling and hydraulic fracturing services. This chart shows revenue in the oil and gas services sector. Patterson-UTI's activity is directly dependent on oil prices and investment in production, making it a key indicator of the state of the entire shale industry.
Overall market sales
Patterson-UTI Energy provides drilling and well servicing services to the oil and gas industry. Demand for its services is directly dependent on the capital expenditures of producing companies. This pattern of overall economic activity correlates with energy demand, which, in turn, determines the level of investment in drilling and production.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Patterson UTI Energy
Patterson-UTI Energy is one of the leading US oilfield services companies, providing drilling and hydraulic fracturing services. Its revenue is directly dependent on oil and gas company activity and energy prices. This chart reflects analyst forecasts for drilling volumes in North America and demand for high-tech drilling equipment.
Future (projected) sales of companies in the market segment - Oil and gas services
Patterson-UTI Energy provides drilling and hydraulic fracturing services to oil and gas companies in North America. This forecast provides expectations for the entire oil and gas services sector. It reflects drilling activity trends, which are directly dependent on oil and gas prices and determine demand for the company's drilling rigs and hydraulic fracturing fleet.
Future (projected) sales of the market as a whole
Patterson-UTI Energy is one of the largest onshore drilling and service companies in the United States. Its operations are directly dependent on drilling volumes, which are driven by oil and gas prices. This chart, reflecting economic activity forecasts, serves as an indicator of future energy demand and, consequently, drilling plans of drilling companies.
Marginality of the company, segment and market as a whole
Company marginality Patterson UTI Energy
Patterson-UTI Energy is one of the leading onshore drilling rig operators in the United States. The company's profitability, shown in this chart, is directly linked to activity in the oil and gas industry. Profit depends on daily rig rental rates and rig utilization, making the business highly sensitive to oil and gas prices.
Market segment marginality - Oil and gas services
Patterson-UTI Energy is one of the leading providers of drilling and hydraulic fracturing services in North America. The company's profitability is highly dependent on oil and gas prices, as well as the utilisation of its drilling rigs. This chart shows how effectively the company manages its assets and costs in the cyclical oilfield services sector.
Market marginality as a whole
Patterson-UTI Energy is one of the leading drilling and completion services companies in the United States. This overall market profitability curve is less important than oil and gas prices. It is hydrocarbon prices that drive investment activity among oil and gas companies and, consequently, demand for Patterson-UTI's drilling rigs and services, driving its revenue and margins.
Employees in the company, segment and market as a whole
Number of employees in the company Patterson UTI Energy
Patterson-UTI Energy is one of the leading providers of drilling and hydraulic fracturing services in North America. The graph shows the team working in the field. Headcount dynamics are a direct barometer of oil and gas activity and energy prices.
Share of the company's employees Patterson UTI Energy within the market segment - Oil and gas services
Patterson-UTI Energy is one of the largest drilling and completion services companies in the United States. This chart clearly demonstrates its colossal importance as an employer in the oilfield services industry. It reflects the significant share of drilling crews, engineers, and technical personnel the company employs to support oil and gas production across the country.
Number of employees in the market segment - Oil and gas services
Patterson-UTI Energy, Inc. is a leading U.S. company providing drilling and hydraulic fracturing (fracking) services to the oil and gas industry. This chart illustrates employment in the oilfield services sector, which is cyclical and highly dependent on oil prices and drilling activity by producers.
Number of employees in the market as a whole
Patterson-UTI Energy is one of the largest drilling and well servicing companies in the United States. Their activity is directly dependent on oil and gas prices and the investment plans of oil and gas companies. When they commission new drilling rigs, it creates hundreds of jobs and is a clear signal of recovery in the energy sector.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Patterson UTI Energy (PTEN)
Patterson-UTI Energy is one of the largest drilling and service companies in North America. This chart reflects the capital intensity of the oilfield services industry. Moderate capitalization per employee strikes a balance between the enormous cost of drilling rigs and the large number of skilled workers required to operate them in harsh field conditions.
Market capitalization per employee (in thousands of dollars) in the market segment - Oil and gas services
Patterson-UTI Energy (PTEN) is a leading provider of onshore drilling and hydraulic fracturing (fracking) services in the US. It is a capital-intensive and cyclical oilfield services business. This chart shows the average valuation per employee in the sector. It helps assess how the market values ββtheir fleet of drilling rigs and hydraulic fracturing equipment per field employee.
Market capitalization per employee (in thousands of dollars) for the overall market
Patterson-UTI Energy provides drilling and well completion services to the oil and gas industry. This chart shows a market-wide assessment of labor productivity, which helps evaluate the capital-intensive service business in a cyclical industry against the broader economy.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Patterson UTI Energy (PTEN)
Patterson-UTI Energy is one of the largest land drilling companies in the United States. This business is highly cyclical and dependent on oil and gas prices. This chart shows how efficiently the company utilizes its drilling rigs and personnel. In a good year, each drilling crew generates significant profits; in a bad year, the company incurs losses.
Profit per employee (in thousands of dollars) in the market segment - Oil and gas services
Patterson-UTI (PTEN) is a US onshore driller (oilfield services company). This chart shows the benchmark for oil and gas services. Average profit per employee in this sector is highly cyclical, depending entirely on the capital expenditures of the producers. When oil is expensive, E&P drills, and the benchmark soars. When oil is cheap, drilling stops.
Profit per employee (in thousands of dollars) for the market as a whole
Patterson-UTI Energy is one of the largest onshore drilling and hydraulic fracturing (fracking) companies in the United States. It is a cyclical, capital-intensive, and labor-intensive oilfield services business. Its profit per employee is directly dependent on drilling activity (oil prices) and the efficiency of its expensive drilling rigs and crews.
Sales to employees of the company, segment and market as a whole
Sales per company employee Patterson UTI Energy (PTEN)
Patterson-UTI Energy is one of the largest drilling and completion services companies in the US. This chart directly correlates with oil and gas industry activity. It shows how efficiently the company utilizes its drilling rigs and personnel to fulfill contracts, reflecting the pulse of the energy sector.
Sales per employee in the market segment - Oil and gas services
Patterson-UTI Energy is one of the largest onshore drilling and hydraulic fracturing (fracking) companies in the United States. It is a capital-intensive oilfield services company. This chart shows the average revenue per employee in the segment. It helps assess how productive PTEN drilling crews are using their expensive equipment compared to competitors.
Sales per employee for the market as a whole
Patterson-UTI Energy is one of the leading drilling and hydraulic fracturing service providers in the US. It's a cyclical, capital-intensive business. This chart shows how productive their drilling crews are. This indicator is highly dependent on the number of active rigs and daily rates dictated by the oil and gas market.
Short shares by company, segment and market as a whole
Shares shorted by company Patterson UTI Energy (PTEN)
Patterson-UTI Energy is one of the largest onshore drilling and hydraulic fracturing (fracking) companies in the US. Demand for its services is directly dependent on oil and gas prices and shale activity. This chart shows the percentage of bears betting on a drop in energy prices or a reduction in drilling activity in the US.
Shares shorted by market segment - Oil and gas services
Patterson-UTI Energy is one of the leading North American oilfield services companies. They provide drilling (onshore rigs) and hydraulic fracturing (fracking) services. This chart reflects the total short position in the oilfield services sector. High values ββhere indicate that investors expect a decline in drilling activity or a drop in oil prices, which would impact the entire sector.
Shares shorted by the overall market
Patterson-UTI (PTEN) is an oilfield services company (drilling). This business is entirely dependent on the capital expenditures of producers. This "Short_All" chart reflects recession fears. When it rises, this pessimism indicates an expected decline in energy demand, which forces oil producers to immediately cut drilling budgets.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Patterson UTI Energy (PTEN)
Patterson-UTI is a major player in the onshore drilling services industry. Its shares are sensitive to oil and gas prices, as well as drilling demand. This chart measures the speed of these reactions. It shows when investor expectations for new contracts or energy prices are becoming excessive (overbought), or when recession fears are driving the price too low (oversold).
RSI 14 Market Segment - Oil and gas services
Patterson-UTI Energy (now part of NexTier) is a leader in onshore drilling, providing high-tech drilling rigs ("Super Specs") and hydraulic fracturing (fracking) services in US shale basins. It's a highly cyclical business. This indicator tracks the collective momentum of the entire oilfield services sector, indicating whether the industry as a whole is considered "overheated" or "oversold" by the market.
RSI 14 for the overall market
Patterson-UTI, a drilling services provider, sees future energy demand in this chart. Market euphoria signifies economic growth, high demand for oil, and active drilling. Market panic is a harbinger of a recession, a drop in fuel demand, and, as a result, a freeze in drilling operations and downtime for PTEN equipment.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast PTEN (Patterson UTI Energy)
Patterson-UTI Energy is a leading operator of onshore drilling rigs and hydraulic fracturing (fracking) equipment in North America. This chart shows the average price target from analysts, which is directly dependent on oil and gas prices and drilling demand.
The difference between the consensus estimate and the actual stock price PTEN (Patterson UTI Energy)
Patterson-UTI Energy (PTEN) is one of the largest oilfield services companies in the US, providing drilling (rigs) and hydraulic fracturing (fracking) services. This chart provides a look at shale. It measures the gap between the price and the consensus target, reflecting the potential analysts see in US drilling activity.
Analyst consensus forecast for stock prices by market segment - Oil and gas services
Patterson-UTI Energy is one of the largest onshore drilling contractors in the US. The company provides drilling rigs and hydraulic fracturing (fracking) services. This chart shows general expectations for the oilfield services sector. It reflects whether experts believe drilling activity will increase in US shale basins.
Analysts' consensus forecast for the overall market share price
Patterson-UTI Energy (PTEN) is a land driller. They provide drilling rigs and crews for US shale production. This chart of overall market sentiment is important. Optimism = expectations for economic growth = high oil demand = drilling boom in the Permian = high demand for PTEN rigs.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Patterson UTI Energy
Patterson-UTI (PTEN) is one of the largest providers of onshore drilling services in the US. They operate a fleet of high-tech, super-specialized drilling rigs that are the standard for shale production. This chart is a barometer of drilling activity in the US. It reflects the number of operating rigs and their ability to dictate prices (daily rates) for their in-demand services.
AKIMA Market Segment Index - Oil and gas services
Patterson-UTI (PTEN) is one of the largest onshore drillers in the US; the company (since its merger with NexTier) owns a massive fleet of high-tech drilling rigs and fracking fleets. This composite metric evaluates companies. The chart shows the sector average. This benchmark: how does PTEN's comprehensive integrated model differentiate it from the average oilfield services competitor?
The AKIM Index for the overall market
Patterson-UTI is one of the leading onshore drilling contractors in the United States. The company provides drilling rigs and fracking services. These are the "muscles" of the shale revolution. This chart, reflecting the market average, is the backdrop. It helps assess how PTEN, whose business depends on the activity of oil and gas operators, compares to the overall macroeconomic picture.