PTEN (Patterson-UTI Energy) Exploration Expense (USD Mil): 0.00 (As of . 20)

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PTEN Patterson-UTI Energy Inc PTEN
60 GF Score
Price $12.91
GF Value $8.23
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Patterson-UTI Energy Exploration Expense (USD Mil)?

Patterson-UTI Energy PTEN +1.85% 60 Exploration Expense (USD Mil) is 0.00 as of . 20. GuruFocus rates PTEN with a GF Score™ of 60/100 and a GF Value™ of $8.23 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill.

The historical rank and industry rank for Patterson-UTI Energy's Exploration Expense (USD Mil) or its related term are showing as below:

PTEN's Exploration Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Exploration Expense (USD Mil) only.

Patterson-UTI Energy  (NAS:PTEN) Exploration Expense (USD Mil) Explanation

Exploration Expense (USD Mil) are the costs a company incurs while searching for oil or gas to drill. It includes costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects of containing oil and gas reserves, including costs of drilling exploratory wells and exploratory-type stratigraphic test wells.

Exploration expenses (including prospecting) related to oil and gas producing entities would be included in the operating expenses of the company that entity.

Patterson-UTI Energy Exploration Expense (USD Mil) Related Terms

Patterson-UTI Energy Exploration Expense (USD Mil) Historical Data

* Premium members only.

The historical data trend for Patterson-UTI Energy's Exploration Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Patterson-UTI Energy Exploration Expense (USD Mil) Chart

Patterson-UTI Energy Annual Data
Trend Dec16 Dec17
Exploration Expense (USD Mil)
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PTEN vs HP, VAL, RIG: Exploration Expense (USD Mil) Comparison

For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's Exploration Expense (USD Mil), along with its competitors' market caps and Exploration Expense (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PTEN
60GF Score
Patterson-UTI Energy Inc PTEN
Exploration Expense (USD Mil) is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions
What does a Exploration Expense (USD Mil) of 0.00 mean?
Patterson-UTI Energy (PTEN) has a Exploration Expense (USD Mil) of 0.00 as of . 20. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Patterson-UTI Energy and its competitors.
Is Patterson-UTI Energy's Exploration Expense (USD Mil) too high?
Patterson-UTI Energy's current Exploration Expense (USD Mil) is 0.00. Overall, Patterson-UTI Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patterson-UTI Energy's Exploration Expense (USD Mil) compare to HP and VAL?
Patterson-UTI Energy's Exploration Expense (USD Mil) of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Exploration Expense (USD Mil) for an Oil & Gas company?
A good Exploration Expense (USD Mil) depends on the Oil & Gas industry context. However, Exploration Expense (USD Mil) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Exploration Expense (USD Mil) mean?
A high Exploration Expense (USD Mil) can signal that a stock is expensive relative to its fundamentals. Exploration expenses are the costs a company incurs while searching for oil or gas to drill. View historical data on Patterson-UTI Energy and its competitors. Patterson-UTI Energy's current Exploration Expense (USD Mil) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patterson-UTI Energy stock overvalued right now?
Based on GuruFocus' analysis, Patterson-UTI Energy (PTEN) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.23, compared to a current price of $12.91 — trading 56.8% above its estimated fair value. The current Exploration Expense (USD Mil) is 0.00. Patterson-UTI Energy's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Exploration Expense (USD Mil) calculated?
Exploration Expense (USD Mil) is calculated from a company's financial statements. For Patterson-UTI Energy (PTEN), the current Exploration Expense (USD Mil) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Patterson-UTI Energy (PTEN) Overvalued in 2026?

Based on GuruFocus' analysis, Patterson-UTI Energy stock appears to be overvalued. The current stock price of $12.91 is trading 56.8% above its estimated GF Value™ of $8.23. GuruFocus considers Patterson-UTI Energy to be Significantly Overvalued.

Key valuation signals for PTEN:

  • Exploration Expense (USD Mil): 0.00
  • GF Value™: $8.23 vs. price of $12.91 (56.8% above fair value)
  • GF Score™: 60/100 with 7 warning signs

No single metric tells the full story. See the PTEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Patterson-UTI Energy Business Description

Industry EnergyOil & Gas
Other Exchanges PE1:Germany
Address 10713 West Sam Houston Parkway North, Suite 800, Houston, TX, USA, 77064
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
60GF Score

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Exploration Expense (USD Mil) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.91
Price
$8.23
GF Value