Patterson-UTI Energy Inc
NASDAQ:PTEN

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Patterson-UTI Energy Inc
NASDAQ:PTEN
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Price: 7.475 USD -2.67%
Market Cap: 2.9B USD
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Patterson-UTI Energy Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
TTM
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Patterson-UTI Energy Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Patterson-UTI Energy Inc
NASDAQ:PTEN
Tax Provision
-$38.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
4%
Helmerich and Payne Inc
NYSE:HP
Tax Provision
-$136.9m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
10%
Noble Corp (Cayman Island)
NYSE:NE
Tax Provision
-$11.3m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
22%
Vantage Drilling International
OTC:VTDRF
Tax Provision
-$15.4m
CAGR 3-Years
-38%
CAGR 5-Years
11%
CAGR 10-Years
N/A
Diamond Offshore Drilling Inc
NYSE:DO
Tax Provision
-$304m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-6%
No Stocks Found

Patterson-UTI Energy Inc
Glance View

Market Cap
2.9B USD
Industry
N/A

Patterson-UTI Energy Inc. stands as a formidable player in the energy sector, weaving its narrative through the vast landscape of oilfield services. Headquartered in Houston, Texas, the company has carved out a significant niche in the drilling and pressure pumping markets. At the core of its operations lies a robust fleet of high-spec drilling rigs, designed to tackle the complexities of modern energy extraction. Through its contract drilling segment, Patterson-UTI deploys these rigs across key basins in the United States, providing essential services that enable oil and natural gas companies to efficiently extract resources. This strategic focus on technologically advanced and performance-driven rig operations serves as a primary revenue source, making the company an indispensable partner in the upstream sector. Beyond drilling, Patterson-UTI leverages its expertise in pressure pumping services, which are critical in the hydraulic fracturing process, a method used extensively to enhance oil and gas recovery from challenging reservoirs. By offering integrated solutions that encompass both drilling and completion services, the company strives to maximize operational efficiency and deliver value to its clients. Furthermore, Patterson-UTI extends its prowess in the energy sector through strategic acquisitions and investments, constantly adapting to the shifting dynamics of the industry. Its business model is thereby firmly grounded in providing essential services that align with the evolving needs of energy producers, ultimately driving its financial performance and sustaining its competitive edge.

PTEN Intrinsic Value
19.043 USD
Undervaluation 61%
Intrinsic Value
Price

See Also

What is Patterson-UTI Energy Inc's Tax Provision?
Tax Provision
-38.9m USD

Based on the financial report for Sep 30, 2024, Patterson-UTI Energy Inc's Tax Provision amounts to -38.9m USD.

What is Patterson-UTI Energy Inc's Tax Provision growth rate?
Tax Provision CAGR 10Y
4%

Over the last year, the Tax Provision growth was -2%.

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