Patterson-Uti Energy Inc
PTEN
ISIN US7034811015 / Valor 1235611
Patterson-Uti Energy Inc
UMushroom community rating:
About company
Patterson-UTI Energy Inc is a leading provider of drilling and completion solutions in North America, with a growing international presence. The company offers highly engineered PDC drill bits through its Ulterra Drilling Technologies division, as well as advanced rig equipment and solutions through its Warrior and NexTier Completion Solutions divisions. Patterson-UTI is dedicated to delivering ultimate drilling efficiency and accelerating production in the most demanding US land basins.
Summarized from source with an LLMView SourceSector: EnergyLatest Results (14.08.2024):
Total Revenue
Patterson-Uti Energy Inc reported total revenue of $1.5 billion for the first quarter of 2024. This figure reflects the company's strong performance across its various segments, despite a challenging market environment.
Net Income
The net income attributable to common stockholders for Patterson-Uti Energy Inc in the first quarter of 2024 was $51 million, or $0.13 per share. This includes $12 million in merger and integration expenses. Excluding these expenses, the adjusted net income was $61 million, or $0.15 per share.
Adjusted EBITDA
Patterson-Uti Energy Inc reported an adjusted EBITDA of $375 million for the first quarter of 2024. This figure excludes the merger and integration expenses, highlighting the company's strong operational performance.
Shareholder Returns
In the first quarter of 2024, Patterson-Uti Energy Inc returned $130 million to shareholders. This includes $98 million used to repurchase 9 million shares, and the company has confirmed its expectation to return at least $400 million to shareholders in 2024.
Quarterly Dividend
Patterson-Uti Energy Inc declared a quarterly dividend of $0.08 per share on its common stock, payable on June 17, 2024, to holders of record as of June 3, 2024. This reflects the company's commitment to providing consistent returns to its shareholders.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
2995 M
Market cap (USD)
1,727,792
Daily traded volume (Shares)
7.835 / 7.48
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
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Ratings & reviews
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