On Tuesday, Patterson-UTI Energy Inc (NASDAQ: PTEN) opened lower -5.31% from the last session, before settling in for the closing price of $6.22. Price fluctuations for PTEN have ranged from $5.10 to $9.57 over the past 52 weeks.
Annual sales at Energy sector company slipped by -3.06% over the past five years. Company’s average yearly earnings per share was noted -192.43% at the time writing. With a float of $340.99 million, this company’s outstanding shares have now reached $379.24 million.
Patterson-UTI Energy Inc (PTEN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Oil & Gas Drilling industry is another important factor to consider. The insider ownership of Patterson-UTI Energy Inc is 10.09%, while institutional ownership is 101.09%. The most recent insider transaction that took place on Dec 09 ’25, was worth 309,827. Before that another transaction happened on Jun 02 ’25, when Company’s Director sold 74,500 for $5.51, making the entire transaction worth $410,495. This insider now owns 925,254 shares in total.
Patterson-UTI Energy Inc (PTEN) Latest Financial update
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.13 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.1) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -192.43% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.94% during the next five years compared to -3.06% drop over the previous five years of trading.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Trading Performance Indicators
Check out the current performance indicators for Patterson-UTI Energy Inc (PTEN). In the past quarter, the stock posted a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.46. Likewise, its price to free cash flow for the trailing twelve months is 7.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.35, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.36 in one year’s time.
Technical Analysis of Patterson-UTI Energy Inc (PTEN)
Patterson-UTI Energy Inc (NASDAQ: PTEN) saw its 5-day average volume 8.4 million, a negative change from its year-to-date volume of 10.48 million. As of the previous 9 days, the stock’s Stochastic %D was 37.52%.
During the past 100 days, Patterson-UTI Energy Inc’s (PTEN) raw stochastic average was set at 42.25%, which indicates a significant increase from 25.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.26 in the past 14 days, which was higher than the 0.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.02, while its 200-day Moving Average is $6.12. Nevertheless, the first resistance level for the watch stands at $6.12 in the near term. At $6.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $6.54. If the price goes on to break the first support level at $5.70, it is likely to go to the next support level at $5.52. The third support level lies at $5.28 if the price breaches the second support level.
Patterson-UTI Energy Inc (NASDAQ: PTEN) Key Stats
There are currently 379,242K shares outstanding in the company with a market cap of 2.23 billion. Presently, the company’s annual sales total 5,378 M according to its annual income of -968,030 K. Last quarter, the company’s sales amounted to 1,176 M and its income totaled -36,400 K.
