Patterson-UTI Energy Inc (PTEN)

Exchange
NASDAQ
Symbol
PTEN
Sector
Energy & Transportation
Industry
Drilling Oil & Gas Wells
Description
Patterson-UTI Energy, Inc., provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. The company is headquartered in Houston, Texas.
Country
USA

Stock price

At close: November 6, 2024

  • Open
    8.20
  • High
    8.57
  • Low
    8.08
  • Close
    8.50
  • Volume
    16,817,200

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
1.74
Receivables turnover
4.10
Payables turnover
0.59
Working capital turnover
9.41
Days of inventory on hand (DOH)
209.39
Days of sales outstanding (DSO)
88.93
Number of days of payables
618.92
Fixed asset turnover
1.23
Total asset turnover
0.55
 Liquidity ratios
Current ratio
1.41
Quick ratio
1.13
Cash ratio
0.18
Cash conversion cycle
-320.60
 Solvency ratios
Debt-to-assets ratio
0.17
Debt-to-capital ratio
0.20
Debt-to-equity ratio
0.25
Financial leverage ratio
1.54
Interest coverage
6.82
 Profitability ratios
Gross profit margin
92.31%
Operating profit margin
8.59%
Pretax margin
7.51%
Net profit margin
6.01%
Operating return on assets (Operating ROA)
4.74%
Return on assets (ROA)
3.32%
Return on total capital
5.97%
Return on equity (ROE)
5.12%