Ratios

		vs industry	vs history
P/E(ttm)	13.40	PTEN's P/E(ttm) is ranked higher than 73% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 12.95 vs. PTEN: 13.40 )	PTEN' s 10-Year P/E(ttm) Range Min: 3.83   Max: 1136.33 Current: 13.4 3.83 1136.33
P/B	1.27	PTEN's P/B is ranked higher than 57% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 1.20 vs. PTEN: 1.27 )	PTEN' s 10-Year P/B Range Min: 0.55   Max: 6.99 Current: 1.27 0.55 6.99
P/S	1.30	PTEN's P/S is ranked higher than 67% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 1.74 vs. PTEN: 1.30 )	PTEN' s 10-Year P/S Range Min: 0.6   Max: 5.75 Current: 1.3 0.6 5.75
PFCF	114.60	PTEN's PFCF is ranked lower than 75% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 15.74 vs. PTEN: 114.60 )	PTEN' s 10-Year PFCF Range Min: 4.7   Max: 1837 Current: 114.6 4.7 1837
EV-to-EBIT	8.77	PTEN's EV-to-EBIT is ranked higher than 94% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 11.60 vs. PTEN: 8.77 )	PTEN' s 10-Year EV-to-EBIT Range Min: 2.2   Max: 354.9 Current: 8.77 2.2 354.9
PEG	0.65	PTEN's PEG is ranked lower than 62% of the 63 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 1.77 vs. PTEN: 0.65 )	PTEN' s 10-Year PEG Range Min: 0.07   Max: 55.69 Current: 0.65 0.07 55.69
Shiller P/E	14.05	PTEN's Shiller P/E is ranked higher than 87% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 11.11 vs. PTEN: 14.05 )	PTEN' s 10-Year Shiller P/E Range Min: 3.66   Max: 61.67 Current: 14.05 3.66 61.67

Dividend & Buy Back

		vs industry	vs history
Dividend Yield	0.87	PTEN's Dividend Yield is ranked higher than 73% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 2.49 vs. PTEN: 0.87 )	PTEN' s 10-Year Dividend Yield Range Min: 0.11   Max: 6.98 Current: 0.87 0.11 6.98
Dividend Payout	0.1	PTEN's Dividend Payout is ranked higher than 96% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 0.45 vs. PTEN: 0.1 )	PTEN' s 10-Year Dividend Payout Range Min: 0.07   Max: 0.27 Current: 0.1 0.07 0.27
Yield on cost (5-Year)	0.30	PTEN's Yield on cost (5-Year) is ranked higher than 66% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 2.01 vs. PTEN: 0.30 )	PTEN' s 10-Year Yield on cost (5-Year) Range Min: 0.04   Max: 2.33 Current: 0.3 0.04 2.33
Share Buyback Rate	0.1	PTEN's Share Buyback Rate is ranked higher than 91% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: -5.50 vs. PTEN: 0.1 )	PTEN' s 10-Year Share Buyback Rate Range Min: 2.9   Max: -25.8 Current: 0.1

Valuation & Return

		vs industry	vs history
Price/Net Current Asset Value	9.6	PTEN's Price/Net Current Asset Value is ranked higher than 63% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 8.60 vs. PTEN: 9.6 )	PTEN' s 10-Year Price/Net Current Asset Value Range Min: 5.3   Max: 24.7 Current: 9.6 5.3 24.7
Price/Tangible Book	1.3	PTEN's Price/Tangible Book is ranked lower than 61% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 1.30 vs. PTEN: 1.3 )	PTEN' s 10-Year Price/Tangible Book Range Min: 0.9   Max: 5 Current: 1.3 0.9 5
Price/DCF (Projected)	1.4	PTEN's Price/DCF (Projected) is ranked higher than 70% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 1.40 vs. PTEN: 1.4 )	PTEN' s 10-Year Price/DCF (Projected) Range Min: 0.5   Max: 3.3 Current: 1.4 0.5 3.3
Price/Median PS Value	0.5	PTEN's Price/Median PS Value is ranked lower than 63% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 0.70 vs. PTEN: 0.5 )	PTEN' s 10-Year Price/Median PS Value Range Min: 0.3   Max: 1.9 Current: 0.5 0.3 1.9
Price/Peter Lynch Fair Value	0.9	PTEN's Price/Peter Lynch Fair Value is ranked lower than 60% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 0.70 vs. PTEN: 0.9 )	PTEN' s 10-Year Price/Peter Lynch Fair Value Range Min: 0.2   Max: 3.2 Current: 0.9 0.2 3.2
Price/Graham Number	0.8	PTEN's Price/Graham Number is ranked higher than 58% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 0.90 vs. PTEN: 0.8 )	PTEN' s 10-Year Price/Graham Number Range Min: 0.4   Max: 13.3 Current: 0.8 0.4 13.3
Earnings Yield (Greenblatt)	11.40	PTEN's Earnings Yield (Greenblatt) is ranked higher than 87% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: 9.45 vs. PTEN: 11.40 )	PTEN' s 10-Year Earnings Yield (Greenblatt) Range Min: 0.3   Max: 45.1 Current: 11.4 0.3 45.1
Forward Rate of Return (Yacktman)	15.2	PTEN's Forward Rate of Return (Yacktman) is ranked higher than 87% of the 67 Companies in the Global Oil & Gas Drilling industry. ( Industry Median: -2.93 vs. PTEN: 15.2 )	PTEN' s 10-Year Forward Rate of Return (Yacktman) Range Min: -20.8   Max: 81.4 Current: 15.2 -20.8 81.4

Business Description

Patterson-UTI Energy, Inc. was formed in 1978 and reincorporated in 1993 as a Delaware corporation. It is a provider of contract services to the North American oil and natural gas industry. Its services mainly involve the drilling, on a contract basis, of land-based oil and natural gas wells and, to a lesser extent, pressure pumping services. In addition to the aforementioned contract services, it also invests, on a working interest basis, in oil and natural gas properties. The Company owns and operates one of the largest fleets of land-based drilling rigs in the United States. It provides its contract services to oil and natural gas operators in many of the oil and natural gas producing regions of North America. Its contract drilling operations are focused in various regions of Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, South Dakota, Pennsylvania, and western Canada, while its pressure pumping services are focused primarily in the Appalachian Basin. As of December 31, 2011, it had a drilling fleet that consisted of 328 marketable land-based drilling rigs. A drilling rig includes the structure, power source and machinery necessary to cause a drill bit to penetrate the earth to a depth desired by the customer. The oil and natural gas properties in which it holds interests are mainly located in Texas and New Mexico. The Company 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 also owns and invests in oil and natural gas assets as a working interest owner. Its oil and natural gas interests are located primarily in Texas and New Mexico. Its revenues, operating profits and identifiable assets are primarily attributable to three industry segments: contract drilling services, pressure pumping services, and oil and natural gas exploration and production. The Company markets its contract drilling services to major and independent oil and natural gas operators. It provides pressure pumping services to oil and natural gas operators primarily in the Appalachian Basin. Pressure pumping services are mainly well stimulation and cementing for the completion of new wells and remedial work on existing wells. It has been engaged in the development, exploration, acquisition and production of oil and natural gas. The customers of each of its contract drilling and pressure pumping business segments are oil and natural gas operators. Its customer base includes both major and independent oil and natural gas operators. All of its operations and facilities are subject to numerous Federal, state, foreign, and local laws, rules and regulations related to various aspects of its business.
Company Website
SEC Reports

Industry:	Oil & Gas Drilling
Compare:	SDRL, ESV, PES, OMVJF, SBR
Traded in other countries:	PE1.Germany

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