Patterson-UTI Energy (PTEN) Stock Forecast, Price Target & Predictions
PTEN Stock Forecast
Patterson-UTI Energy stock forecast is as follows: an average price target of $18.86 (represents a 138.43% upside from PTEN’s last price of $7.91) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
PTEN Price Target
The average price target for Patterson-UTI Energy (PTEN) is $18.86 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $23.00 to $12.00. This represents a potential 138.43% upside from PTEN's last price of $7.91.
PTEN Analyst Ratings
According to 11 Wall Street analysts, Patterson-UTI Energy's rating consensus is 'Buy'. The analyst rating breakdown for PTEN stock is 2 'Strong Buy' (18.18%), 8 'Buy' (72.73%), 1 'Hold' (9.09%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Patterson-UTI Energy Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Jul 16, 2024 | Stephen Gengaro | Stifel Nicolaus | $16.00 | $10.49 | 52.53% | 102.28% |
| Jul 15, 2024 | Luke Lemoine | Piper Sandler | $12.00 | $10.24 | 17.19% | 51.71% |
| May 06, 2024 | Luke Lemoine | Piper Sandler | $14.00 | $10.69 | 31.02% | 76.99% |
| Jul 06, 2022 | - | Citigroup | $21.00 | $13.00 | 61.54% | 165.49% |
| Jun 08, 2022 | - | Susquehanna | $23.00 | $19.67 | 16.93% | 190.77% |
| May 02, 2022 | - | Morgan Stanley | $20.00 | $16.14 | 23.92% | 152.84% |
| May 02, 2022 | - | Barclays | $20.00 | $16.44 | 21.65% | 152.84% |
| Apr 29, 2022 | - | RBC Capital | $20.00 | $17.39 | 14.98% | 152.84% |
| Feb 11, 2022 | Keith Mackey | RBC Capital | $14.00 | $12.74 | 9.89% | 76.99% |
The latest Patterson-UTI Energy stock forecast, released on Jul 16, 2024 by Stephen Gengaro from Stifel Nicolaus, set a price target of $16.00, which represents a 52.53% increase from the stock price at the time of the forecast ($10.49), and a 102.28% increase from PTEN last price ($7.91).
Patterson-UTI Energy Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $14.00 | $14.00 |
| Last Closing Price | $7.91 | $7.91 | $7.91 |
| Upside/Downside | -100.00% | 76.99% | 76.99% |
In the current month, the average price target of Patterson-UTI Energy stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Patterson-UTI Energy's last price of $7.91. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jul 26, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Jul 15, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jun 25, 2024 | Citigroup | Buy | Buy | Hold |
| May 06, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| May 03, 2024 | Susquehanna | Buy | Buy | Hold |
| May 03, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Apr 02, 2024 | CFRA | - | Strong Buy | Upgrade |
| Apr 01, 2024 | Susquehanna | Strong Buy | Strong Buy | Hold |
| Apr 01, 2024 | RBC Capital | Underperform | Underperform | Hold |
| Feb 16, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
Patterson-UTI Energy's last stock rating was published by RBC Capital on Jul 26, 2024. The company gave PTEN a "Outperform" rating, the same as its previous rate.
Patterson-UTI Energy Financial Forecast
Patterson-UTI Energy Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $1.58B | $1.01B | $758.88M | $791.80M | $788.48M | $727.50M | $622.24M | $509.38M | $466.49M | $357.88M | $291.77M | $240.93M | $220.80M | $207.14M | $250.38M | $445.93M | $492.30M | $598.45M |
| Avg Forecast | $1.58B | $1.59B | $1.55B | $1.48B | $1.41B | $1.44B | $1.39B | $1.34B | $1.32B | $1.33B | $1.41B | $1.51B | $1.51B | $1.04B | $781.73M | $756.04M | $761.38M | $677.69M | $567.74M | $511.02M | $436.47M | $352.99M | $293.07M | $239.59M | $218.09M | $196.98M | $239.73M | $439.30M | $486.42M | $604.01M |
| High Forecast | $1.81B | $1.83B | $1.78B | $1.70B | $1.63B | $1.65B | $1.59B | $1.54B | $1.51B | $1.52B | $1.62B | $1.74B | $1.54B | $1.09B | $898.54M | $869.01M | $875.15M | $778.95M | $645.05M | $580.61M | $495.90M | $401.06M | $332.97M | $272.21M | $247.78M | $223.80M | $272.37M | $499.12M | $552.65M | $686.25M |
| Low Forecast | $1.51B | $1.52B | $1.48B | $1.42B | $1.35B | $1.38B | $1.33B | $1.28B | $1.26B | $1.26B | $1.35B | $1.45B | $1.45B | $977.91M | $747.79M | $723.21M | $728.32M | $648.26M | $547.80M | $493.07M | $421.13M | $340.59M | $282.77M | $231.17M | $210.42M | $190.06M | $231.31M | $423.87M | $469.33M | $582.79M |
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.97% | 0.97% | 1.05% | 1.04% | 1.07% | 1.10% | 1.00% | 1.07% | 1.01% | 1.00% | 1.01% | 1.01% | 1.05% | 1.04% | 1.02% | 1.01% | 0.99% |
Patterson-UTI Energy's average Quarter revenue forecast for Mar 24 based on 4 analysts is $1.51B, with a low forecast of $1.45B, and a high forecast of $1.74B. PTEN's average Quarter revenue forecast represents a -4.51% decrease compared to the company's last Quarter revenue of $1.58B (Dec 23).
Patterson-UTI Energy EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $404.16M | $177.60M | $116.06M | $256.87M | $116.45M | $74.65M | $34.51M | $-15.42M | $51.84M | $51.11M | $35.46M | $35.51M | $29.61M | $43.50M | $14.42M | $-493.67M | $-81.17M | $-305.49M |
| Avg Forecast | $-223.93M | $-225.95M | $-219.41M | $-210.16M | $-200.77M | $-204.24M | $-196.98M | $-190.52M | $-186.81M | $-189.26M | $-199.98M | $120.31M | $-214.01M | $-147.41M | $-110.99M | $128.67M | $-108.10M | $48.87M | $-80.61M | $137.62M | $-61.97M | $-50.12M | $-41.61M | $34.87M | $-30.96M | $-27.97M | $-34.04M | $-515.13M | $-69.06M | $-85.75M |
| High Forecast | $-214.20M | $-216.14M | $-209.88M | $-201.04M | $-192.06M | $-195.37M | $-188.43M | $-182.25M | $-178.70M | $-179.59M | $-191.29M | $144.37M | $-205.45M | $-138.84M | $-106.17M | $154.41M | $-103.40M | $58.65M | $-77.77M | $165.14M | $-59.79M | $-48.36M | $-40.15M | $41.85M | $-29.88M | $-26.98M | $-32.84M | $-412.11M | $-66.63M | $-82.74M |
| Low Forecast | $-257.38M | $-259.71M | $-252.19M | $-241.56M | $-230.77M | $-234.76M | $-226.42M | $-218.99M | $-214.73M | $-215.51M | $-229.86M | $96.25M | $-218.29M | $-154.35M | $-127.57M | $102.94M | $-124.25M | $39.10M | $-91.58M | $110.09M | $-70.41M | $-56.94M | $-47.27M | $27.90M | $-35.18M | $-31.77M | $-38.67M | $-618.16M | $-78.46M | $-97.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -1.89% | -1.20% | -1.05% | 2.00% | -1.08% | 1.53% | -0.43% | -0.11% | -0.84% | -1.02% | -0.85% | 1.02% | -0.96% | -1.56% | -0.42% | 0.96% | 1.18% | 3.56% |
4 analysts predict PTEN's average Quarter EBITDA for Mar 24 to be $120.31M, with a high of $144.37M and a low of $96.25M. This is -70.23% lower than Patterson-UTI Energy's previous annual EBITDA (Dec 23) of $404.16M.
Patterson-UTI Energy Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $61.95M | $-278.00K | $84.61M | $99.68M | $100.10M | $61.45M | $21.89M | $-28.78M | $-364.36M | $-83.00M | $-103.31M | $-106.41M | $-106.53M | $-112.11M | $-150.33M | $-434.72M | $-85.92M | $-261.72M |
| Avg Forecast | $93.73M | $100.50M | $85.56M | $69.31M | $56.95M | $57.30M | $36.54M | $15.56M | $7.34M | $14.86M | $32.35M | $-34.74M | $73.37M | $98.27M | $176.28M | $-37.16M | $167.16M | $-79.37M | $-9.64M | $-39.74M | $-140.81M | $-177.26M | $-206.61M | $-104.51M | $-247.49M | $-247.00M | $-232.18M | $-453.62M | $-166.10M | $-121.70M |
| High Forecast | $111.94M | $120.03M | $102.18M | $82.78M | $68.00M | $68.43M | $43.64M | $18.58M | $8.76M | $56.46M | $38.63M | $-27.79M | $126.36M | $147.41M | $210.52M | $-29.73M | $199.63M | $-63.49M | $-9.20M | $-31.79M | $-134.38M | $-169.16M | $-197.18M | $-83.61M | $-236.19M | $-235.72M | $-221.57M | $-362.90M | $-158.52M | $-116.14M |
| Low Forecast | $88.44M | $94.83M | $80.73M | $65.40M | $53.73M | $54.06M | $34.48M | $14.68M | $6.92M | $2.97M | $30.52M | $-41.69M | $57.06M | $49.14M | $166.32M | $-44.59M | $157.73M | $-95.24M | $-11.34M | $-47.69M | $-165.74M | $-208.63M | $-243.19M | $-125.42M | $-291.30M | $-290.72M | $-273.27M | $-544.35M | $-195.50M | $-143.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | -0.00% | 0.48% | -2.68% | 0.60% | -0.77% | -2.27% | 0.72% | 2.59% | 0.47% | 0.50% | 1.02% | 0.43% | 0.45% | 0.65% | 0.96% | 0.52% | 2.15% |
Patterson-UTI Energy's average Quarter net income forecast for Mar 24 is $-34.74M, with a range of $-41.69M to $-27.79M. PTEN's average Quarter net income forecast represents a -156.08% decrease compared to the company's last Quarter net income of $61.95M (Dec 23).
Patterson-UTI Energy SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $61.88M | $45.10M | $33.26M | $30.57M | $34.58M | $28.47M | $26.08M | $27.46M | $24.21M | $22.06M | $23.55M | $23.03M | $20.92M | $23.18M | $23.99M | $31.15M | $31.83M | $34.23M |
| Avg Forecast | $92.79M | $93.63M | $90.92M | $87.09M | $83.20M | $84.63M | $81.63M | $78.95M | $77.41M | $78.43M | $82.87M | $33.15M | $88.68M | $61.09M | $45.99M | $35.46M | $44.79M | $21.10M | $33.40M | $37.92M | $25.68M | $20.77M | $17.24M | $22.62M | $12.83M | $11.59M | $14.10M | $32.50M | $28.62M | $35.54M |
| High Forecast | $106.66M | $107.62M | $104.50M | $100.10M | $95.63M | $97.28M | $93.82M | $90.75M | $88.98M | $89.30M | $95.25M | $39.78M | $90.46M | $63.96M | $52.86M | $42.55M | $51.49M | $25.32M | $37.95M | $45.51M | $29.18M | $23.60M | $19.59M | $27.14M | $14.58M | $13.17M | $16.02M | $39.00M | $32.51M | $40.37M |
| Low Forecast | $88.76M | $89.56M | $86.97M | $83.31M | $79.58M | $80.96M | $78.08M | $75.52M | $74.05M | $74.42M | $79.27M | $26.52M | $85.13M | $57.53M | $43.99M | $28.37M | $42.85M | $16.88M | $32.23M | $30.34M | $24.78M | $20.04M | $16.64M | $18.09M | $12.38M | $11.18M | $13.61M | $26.00M | $27.61M | $34.29M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.70% | 0.74% | 0.72% | 0.86% | 0.77% | 1.35% | 0.78% | 0.72% | 0.94% | 1.06% | 1.37% | 1.02% | 1.63% | 2.00% | 1.70% | 0.96% | 1.11% | 0.96% |
Patterson-UTI Energy's average Quarter SG&A projection for Mar 24 is $33.15M, based on 4 Wall Street analysts, with a range of $26.52M to $39.78M. The forecast indicates a -46.42% fall compared to PTEN last annual SG&A of $61.88M (Dec 23).
Patterson-UTI Energy EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 10 | 9 | 4 | 8 | 6 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 10 | 10 | 10 | 9 | 9 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.15 | $-0.00 | $0.41 | $0.47 | $0.46 | $0.28 | $0.10 | $-0.13 | $-1.69 | $-0.44 | $-0.55 | $-0.57 | $-0.57 | $-0.60 | $-0.81 | $-2.28 | $-0.44 | $-1.31 |
| Avg Forecast | $0.23 | $0.25 | $0.21 | $0.17 | $0.14 | $0.14 | $0.09 | $0.04 | $0.02 | $0.04 | $0.08 | $0.12 | $0.18 | $0.25 | $0.44 | $0.35 | $0.42 | $0.18 | $-0.02 | $-0.21 | $-0.35 | $-0.44 | $-0.52 | $-0.56 | $-0.62 | $-0.62 | $-0.58 | $-0.46 | $-0.42 | $-0.30 |
| High Forecast | $0.28 | $0.30 | $0.26 | $0.21 | $0.17 | $0.17 | $0.11 | $0.05 | $0.02 | $0.14 | $0.10 | $0.15 | $0.32 | $0.37 | $0.53 | $0.42 | $0.50 | $0.21 | $-0.02 | $-0.20 | $-0.34 | $-0.42 | $-0.49 | $-0.53 | $-0.59 | $-0.59 | $-0.55 | $-0.44 | $-0.40 | $-0.29 |
| Low Forecast | $0.22 | $0.24 | $0.20 | $0.16 | $0.13 | $0.14 | $0.09 | $0.04 | $0.02 | $0.01 | $0.08 | $0.12 | $0.14 | $0.12 | $0.42 | $0.33 | $0.39 | $0.17 | $-0.03 | $-0.24 | $-0.41 | $-0.52 | $-0.61 | $-0.66 | $-0.73 | $-0.73 | $-0.68 | $-0.54 | $-0.49 | $-0.36 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | -0.00% | 0.93% | 1.33% | 1.10% | 1.57% | -4.15% | 0.63% | 4.80% | 0.99% | 1.06% | 1.02% | 0.92% | 0.97% | 1.39% | 4.97% | 1.06% | 4.30% |
According to 4 Wall Street analysts, Patterson-UTI Energy's projected average Quarter EPS for Mar 24 is $0.12, with a low estimate of $0.12 and a high estimate of $0.15. This represents a -16.77% decrease compared to PTEN previous annual EPS of $0.15 (Dec 23).
Patterson-UTI Energy Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| NBR | Nabors Industries | $62.61 | $151.67 | 142.25% | Buy |
| PTEN | Patterson-UTI Energy | $7.91 | $18.86 | 138.43% | Buy |
| NE | Noble | $34.09 | $61.00 | 78.94% | Buy |
| HP | Helmerich & Payne | $29.85 | $49.55 | 66.00% | Hold |
| BORR | Borr Drilling | $5.48 | $9.00 | 64.23% | Buy |
| DO | Diamond Offshore Drilling | $13.99 | $22.00 | 57.26% | Buy |
| RIG | Transocean | $4.13 | $6.12 | 48.18% | Buy |
| PDS | Precision Drilling | $63.46 | $71.33 | 12.40% | Buy |
PTEN Forecast FAQ
Is Patterson-UTI Energy a good buy?
Yes, according to 11 Wall Street analysts, Patterson-UTI Energy (PTEN) is considered a 'Buy'. The rating consensus is based on 2 'Strong Buy' and 8 'Buy' recommendations, accounting for 90.91% of PTEN's total ratings.
What is PTEN's price target?
Patterson-UTI Energy (PTEN) average price target is $18.86 with a range of $12 to $23, implying a 138.43% from its last price of $7.91. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Patterson-UTI Energy stock go up soon?
According to Wall Street analysts' prediction for PTEN stock, the company can go up by 138.43% (from the last price of $7.91 to the average price target of $18.86), up by 190.77% based on the highest stock price target, and up by 51.71% based on the lowest stock price target.
Can Patterson-UTI Energy stock reach $12?
PTEN's average twelve months analyst stock price target of $18.86 supports the claim that Patterson-UTI Energy can reach $12 in the near future.
What are Patterson-UTI Energy's analysts' financial forecasts?
Patterson-UTI Energy's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $5.58B (high $6.42B, low $5.34B), average EBITDA is $-793M (high $-758M, low $-911M), average net income is $166.34M (high $198.66M, low $156.95M), average SG&A $328.41M (high $377.48M, low $314.15M), and average EPS is $0.416 (high $0.497, low $0.393). PTEN's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $6.19B (high $7.12B, low $5.93B), average EBITDA is $-879M (high $-841M, low $-1.011B), average net income is $349.11M (high $416.92M, low $329.4M), average SG&A $364.43M (high $418.88M, low $348.6M), and average EPS is $0.874 (high $1.04, low $0.824).
Did the PTEN's actual financial results beat the analysts' financial forecasts?
Based on Patterson-UTI Energy's last annual report (Dec 2023), the company's revenue was $4.15B, beating the average analysts forecast of $4.08B by 1.54%. Apple's EBITDA was $1.17B, missing the average prediction of $-344M by -438.97%. The company's net income was $246.29M, missing the average estimation of $310.76M by -20.75%. Apple's SG&A was $170.8M, missing the average forecast of $231.22M by -26.13%. Lastly, the company's EPS was $0.88, missing the average prediction of $1.22 by -28.14%. In terms of the last quarterly report (Dec 2023), Patterson-UTI Energy's revenue was $1.58B, beating the average analysts' forecast of $1.51B by 5.11%. The company's EBITDA was $404.16M, missing the average prediction of $-214M by -288.85%. Patterson-UTI Energy's net income was $61.95M, missing the average estimation of $73.37M by -15.57%. The company's SG&A was $61.88M, missing the average forecast of $88.68M by -30.22%. Lastly, the company's EPS was $0.15, missing the average prediction of $0.184 by -18.31%