Patterson Uti Energy Stock Price on December 15, 2023
| PTEN Stock | USD 5.59 0.12 2.19% |
If you're considering investing in Patterson Stock, it is important to understand the factors that can impact its price. As of today, the current price of Patterson UTI stands at 5.59, as last reported on the 6th of August, with the highest price reaching 5.61 and the lowest price hitting 5.36 during the day. Patterson UTI Energy maintains Sharpe Ratio (i.e., Efficiency) of close to zero, which implies the firm had a close to zero % return per unit of risk over the last 3 months. Patterson UTI Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Patterson UTI's Coefficient Of Variation of (60,814), variance of 9.26, and Risk Adjusted Performance of 0.006 to confirm the risk estimate we provide.
At this time, Patterson UTI's Common Stock Shares Outstanding is very stable compared to the past year. As of the 6th of August 2025, Liabilities And Stockholders Equity is likely to grow to about 6.1 B, while Total Stockholder Equity is likely to drop about 1.8 B. . As of the 6th of August 2025, Price Earnings To Growth Ratio is likely to grow to 0.01, while Price To Sales Ratio is likely to drop 0.58. Patterson Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Patterson | Build AI portfolio with Patterson Stock |
Price Book 0.6304 | Enterprise Value Ebitda 35.204 | Price Sales 0.429 | Shares Float 348.8 M | Dividend Share 0.32 |
Patterson UTI Main Headline on 15th of December 2023
Patterson UTI Energy dividend paid on 15th of December 2023 |
Patterson UTI Valuation on December 15, 2023
It is possible to determine the worth of Patterson UTI on a given historical date. On December 15, 2023 Patterson was worth 10.76 at the beginning of the trading date compared to the closed value of 10.45. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Patterson UTI stock. Still, in general, we apply an absolute valuation method to find Patterson UTI's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Patterson UTI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Patterson UTI's related companies.
| Open | High | Low | Close | Volume | |
| 10.69 | 10.90 | 10.56 | 10.71 | 8,928,630 | |
12/15/2023 | 10.76 | 10.78 | 10.41 | 10.45 | 12,051,260 |
| 10.74 | 10.89 | 10.40 | 10.43 | 6,477,491 |
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Patterson UTI Trading Date Momentum on December 15, 2023
| On December 18 2023 Patterson UTI Energy was traded for 10.43 at the closing time. The top price for the day was 10.89 and the lowest listed price was 10.40 . The trading volume for the day was 6.5 M. The trading history from December 18, 2023 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 0.19% . The trading delta at closing time against the current closing price is 0.57% . |
Patterson UTI Energy Fundamentals Correlations and Trends
By evaluating Patterson UTI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Patterson UTI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Patterson financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Patterson UTI Stock history
Patterson UTI investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Patterson is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Patterson UTI Energy will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Patterson UTI stock prices may prove useful in developing a viable investing in Patterson UTI
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 397.2 M | 417.1 M | |
| Net Income Applicable To Common Shares | 139.2 M | 146.2 M |
Patterson UTI Quarterly Net Working Capital |
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Patterson UTI Stock Technical Analysis
Patterson UTI technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Patterson UTI Period Price Range
Low | August 6, 2025
| High |
0.00 | 0.00 |
Patterson UTI Energy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Patterson UTI August 6, 2025 Market Strength
Market strength indicators help investors to evaluate how Patterson UTI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Patterson UTI shares will generate the highest return on investment. By undertsting and applying Patterson UTI stock market strength indicators, traders can identify Patterson UTI Energy entry and exit signals to maximize returns
Patterson UTI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Patterson UTI's price direction in advance. Along with the technical and fundamental analysis of Patterson Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Patterson to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.006 | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.01) |
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| Math Transform | ||
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| Volume Indicators |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Patterson UTI Energy. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Energy Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson UTI. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson UTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.98) | Dividend Share 0.32 | Earnings Share (2.71) | Revenue Per Share | Quarterly Revenue Growth (0.1) |
The market value of Patterson UTI Energy is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson UTI's value that differs from its market value or its book value, called intrinsic value, which is Patterson UTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson UTI's market value can be influenced by many factors that don't directly affect Patterson UTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Patterson UTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson UTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson UTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.