C
Patterson-UTI Energy, Inc. PTEN
$10.68 $0.090.85%
Recommendation
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Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)
C
Hold 2/14/2023Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to C from D+ on 2/14/2023 due to a significant increase in the valuation index, efficiency index and solvency index. Net income increased 62.89% from $61.45M to $100.1M, debt to equity declined from 0.53 to 0.5, and total capital increased 0.31% from $2.51B to $2.52B.
D
Sell 2/9/2023Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D- on 02/09/2023.
D
Sell 2/8/2023Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D+ on 2/8/2023 due to a decline in the valuation index and dividend index.
D
Sell 5/16/2022Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D- on 5/16/2022 due to an increase in the total return index.
D
Sell 5/13/2022Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D+ on 05/13/2022.
D
Sell 5/4/2022Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D- on 5/4/2022 due to a major increase in the growth index, solvency index and dividend index. Earnings per share increased from -$1.6822 to -$0.1337, EBIT increased 78.51% from -$83.81M to -$18.01M, and total revenue increased 9.19% from $466.49M to $509.38M.
D
Sell 5/1/2022Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D+ on 05/01/2022.
D
Sell 4/21/2022Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D- on 4/21/2022 due to an increase in the total return index and volatility index.
D
Sell 4/20/2022Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D+ on 4/20/2022 due to a decline in the growth index, solvency index and dividend index. Earnings per share declined from -$0.44 to -$1.6822, and the quick ratio declined from 1.34 to 1.09.
D
Sell 11/9/2021Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D- on 11/09/2021.
D
Sell 11/8/2021Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D+ on 11/8/2021 due to a noticeable decline in the solvency index, dividend index and valuation index. Debt to equity increased from 0.5 to 0.53, and the quick ratio declined from 1.41 to 1.34.
D
Sell 5/6/2021Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D on 5/6/2021 due to a substantial increase in the total return index, growth index and volatility index. Operating cash flow increased 294.76% from -$4.43M to $8.62M, total revenue increased 9.12% from $220.8M to $240.93M, and EBIT increased 4.86% from -$123.92M to -$117.9M.
D
Sell 12/30/2020Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D from D- on 12/30/2020 due to an increase in the total return index and volatility index.
D
Sell 10/29/2020Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D- from D on 10/29/2020 due to a significant decline in the efficiency index, valuation index and growth index. Operating cash flow declined 56.21% from $146.04M to $63.95M, total revenue declined 17.27% from $250.38M to $207.14M, and total capital declined 3.51% from $3.23B to $3.12B.
D
Sell 1/3/2019Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D from D+ on 1/3/2019 due to a decline in the growth index, total return index and volatility index. Earnings per share declined from -$0.05 to -$0.3441, and EBIT declined 36.54% from -$11.88M to -$16.22M.
D
Sell 8/16/2018Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D+ from C- on 8/16/2018 due to a decline in the volatility index, total return index and valuation index.
C
Hold 8/1/2018Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to C- from D on 8/1/2018 due to a substantial increase in the valuation index, growth index and efficiency index. Net income increased 68.87% from -$34.42M to -$10.71M, earnings per share increased from -$0.16 to -$0.05, and EBIT increased 51.8% from -$24.64M to -$11.88M.
D
Sell 6/11/2018Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D from D+ on 6/11/2018 due to a decline in the growth index, valuation index and total return index. Earnings per share declined from $0.8802 to -$0.16, and operating cash flow declined 11.5% from $169.45M to $149.97M.
D
Sell 11/9/2017Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D on 11/9/2017 due to a large increase in the growth index. Operating cash flow increased 1,079.08% from $9.83M to $115.88M, earnings per share increased from -$0.46 to -$0.16, and EBIT increased 47.68% from -$61.85M to -$32.36M.
D
Sell 6/9/2017Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D from D+ on 6/9/2017 due to a decline in the total return index and volatility index.
D
Sell 5/4/2017Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D on 5/4/2017 due to an increase in the solvency index and growth index. The quick ratio increased from 0.7 to 2.31, earnings per share increased from -$0.5327 to -$0.4, and total revenue increased 23.61% from $246.89M to $305.18M.
D
Sell 3/16/2017Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D from D+ on 3/16/2017 due to a large decline in the total return index.
D
Sell 3/14/2017Downgrade
Patterson-UTI Energy, Inc. (PTEN) was downgraded to D+ from C- on 3/14/2017 due to a noticeable decline in the total return index and volatility index.
C
Hold 2/15/2017Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to C- from D+ on 2/15/2017 due to a major increase in the total return index, growth index and volatility index. Total revenue increased 19.77% from $206.13M to $246.89M, earnings per share increased from -$0.58 to -$0.5327, and EBIT increased 8.05% from -$127.53M to -$117.26M.
D
Sell 12/22/2016Upgraded
Patterson-UTI Energy, Inc. (PTEN) was upgraded to D+ from D on 12/22/2016 due to a substantial increase in the total return index, volatility index and growth index. Total revenue increased 6.31% from $193.91M to $206.13M, operating cash flow increased 3.79% from $68.19M to $70.78M, and earnings per share increased from -$0.593 to -$0.58.
D
Sell 5/4/2016Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to D from D+ on 5/4/2016 due to a large decline in the growth index, efficiency index and volatility index. Operating cash flow declined 41.19% from $193.4M to $113.73M, total revenue declined 20.57% from $338.57M to $268.94M, and EBIT declined 20.55% from -$80.13M to -$96.6M.
D
Sell 4/29/2016Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to D+ from D on 4/29/2016 due to an increase in the total return index and volatility index.
D
Sell 3/11/2016Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to D from C- on 3/11/2016 due to a major decline in the volatility index, total return index and efficiency index. Total capital declined 2.29% from $3.5B to $3.42B.
C
Hold 10/30/2015Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C- from C on 10/30/2015 due to a substantial decline in the efficiency index, valuation index and total return index. Total capital declined 6.53% from $3.74B to $3.5B.
C
Hold 8/20/2015Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C from C+ on 8/20/2015 due to a large decline in the volatility index, total return index and valuation index.
C
Hold 7/29/2015Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C+ from B- on 7/29/2015 due to a major decline in the valuation index, efficiency index and solvency index. Net income declined 307.95% from $9.13M to -$18.98M, the quick ratio declined from 1.02 to 0.91, and total capital declined 1.01% from $3.78B to $3.74B.
B
Buy 7/20/2015Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to B- from B on 7/20/2015 due to a decline in the volatility index.
B
Buy 5/20/2015Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to B from B- on 5/20/2015 due to an increase in the volatility index, valuation index and total return index.
B
Buy 5/14/2015Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to B- from C+ on 5/14/2015 due to an increase in the volatility index and total return index.
C
Hold 4/29/2015Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C+ from B- on 4/29/2015 due to a noticeable decline in the growth index, valuation index and solvency index. Earnings per share declined from $0.3933 to $0.06, EBIT declined 63.06% from $99.76M to $36.85M, and total revenue declined 27.02% from $901.22M to $657.7M.
B
Buy 4/22/2015Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to B- from C+ on 4/22/2015 due to an increase in the volatility index.
C
Hold 2/13/2015Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to C+ from C on 2/13/2015 due to a noticeable increase in the growth index, valuation index and efficiency index. Net income increased 260.43% from $15.98M to $57.58M, earnings per share increased from $0.1092 to $0.3933, and total capital increased 9.79% from $3.54B to $3.89B.
C
Hold 12/22/2014Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C from C+ on 12/22/2014 due to a decline in the volatility index and total return index.
C
Hold 10/29/2014Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to C+ from B- on 10/29/2014 due to a significant decline in the growth index, valuation index and efficiency index. Net income declined 70.57% from $54.28M to $15.98M, and earnings per share declined from $0.37 to $0.1092.
B
Buy 10/27/2014Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to B- from B on 10/27/2014 due to a major decline in the volatility index and total return index.
B
Buy 10/8/2014Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to B from B+ on 10/8/2014 due to a noticeable decline in the total return index and volatility index.
B
Buy 7/30/2014Upgraded
Patterson-UTI Energy Inc. (PTEN) was upgraded to B+ from B on 7/30/2014 due to an increase in the growth index, solvency index and dividend index. Earnings per share increased from $0.24 to $0.37, EBIT increased 47.52% from $57.03M to $84.14M, and total revenue increased 11.66% from $678.17M to $757.28M.
B
Buy 4/28/2014Downgrade
Patterson-UTI Energy Inc. (PTEN) was downgraded to B from B+ on 4/28/2014 due to a decline in the total return index, valuation index and volatility index.
Weiss Ratings