Patterson-UTI Energy Inc (PTEN) Files 10-K for the Fiscal Year Ended on December 31, 2018

Patterson-UTI Energy Inc (PTEN, Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Patterson-UTI Energy Inc is a North America-based land rig drilling contractors. It operates in three segments namely, Contract Drilling Services, Pressure Pumping Services, and Oil and Natural Gas Exploration and Production. Patterson-UTI Energy Inc has a market cap of $2.95 billion; its shares were traded at around $13.58 with a P/E ratio of 28.90 and P/S ratio of 0.92. The dividend yield of Patterson-UTI Energy Inc stocks is 1.04%.

For the last quarter Patterson-UTI Energy Inc reported a revenue of $795.9 million, compared with the revenue of $787.3 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.3 billion, an increase of 41.2% from last year. For the last five years Patterson-UTI Energy Inc had an average revenue decline of 1.7% a year.

The reported loss per diluted share was $1.47 for the year, compared with the earnings per share of $-2.18 in the previous year. The Patterson-UTI Energy Inc had an operating margin of -3.26%, compared with the operating margin of -10.61% a year before. The 10-year historical median operating margin of Patterson-UTI Energy Inc is 10.07%. The profitability rank of the company is 5 (out of 10).

At the current stock price of $13.58, Patterson-UTI Energy Inc is traded at 39.7% discount to its historical median P/S valuation band of $22.52. The P/S ratio of the stock is 0.92, while the historical median P/S ratio is 1.50. The stock lost 25.01% during the past 12 months.

For the complete 20-year historical financial data of PTEN, click here.