Patterson UTI Company Leadership

PTEN Stock  USD 11.53  0.07  0.60%   
About 85 percent of Patterson UTI's insiders are selling. The analysis of insiders' sentiment of trading Patterson UTI Energy stock suggests that quite a few insiders are terrified at this time. Patterson UTI employs about 10.6 K people. The company is managed by 23 executives with a total tenure of roughly 152 years, averaging almost 6.0 years of service per executive, having 460.87 employees per reported executive.
William Hendricks  CEO
CEO President
Mark Siegel  Chairman
Chairman of the Board

Patterson UTI's Insider Buying Vs Selling

15

 
Selling
 
Buying

Latest Trades

2024-02-29Robert Wayne Drummond JrDisposed 187916 @ 11.73View
2024-01-11Josh GottheimerAcquired @ 10.2
2023-12-11Josh GottheimerDisposed @ 10.84
2023-12-01Tiffany Thom CepakDisposed 15000 @ 11.78View
2023-09-27Charles Andrew SmithDisposed 10000 @ 15.1View
2023-09-19Charles Andrew SmithDisposed 10000 @ 15.9View
2023-09-14Seth David WexlerDisposed 37500 @ 15.98View
2023-09-13James Michael HolcombDisposed 11816 @ 15.95View
2023-07-25James Michael HolcombDisposed 8802 @ 15.47View
2023-07-18William Andrew Hendricks JrDisposed 200000 @ 14.84View
2023-07-17James Michael HolcombDisposed 10762 @ 14.46View
2023-07-14Josh GottheimerAcquired @ 13.57
2023-07-13William Andrew Hendricks JrDisposed 100000 @ 14.06View
Monitoring Patterson UTI's insider sentiment can offer insights into its future performance, as insiders often have access to more information about their company's operations, financial health, and upcoming initiatives than the general public. However, it's essential to note that insider trading is regulated by securities laws, and insiders are required to disclose their trades publicly to ensure transparency and prevent unfair advantages based on non-public information.

Acquired vs Disposed

Filed vs Not Filed

Insider sentiment refers to the collective sentiment or feeling of Patterson UTI's insiders - typically its officers, directors, and beneficial owners holding more than a certain percentage of the company's stock - about the future prospects of Patterson UTI Energy. This sentiment is often gauged based on the trading activities of these insiders. If insiders are purchasing more shares of their own company, it may be interpreted as a bullish sentiment, indicating that they believe Patterson UTI's stock will rise in value. Conversely, if insiders are selling shares, it might be seen as bearish, suggesting they expect the stock price to drop.
  
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 tightly coupled with the direction of predictive economic indicators such as signals in income.

Patterson UTI's Workforce Through the Years

Please note that employee historical analysis has become an increasingly important factor for investors assessing the risk associated with Patterson UTI's future performance. Based on our forecasts, it is anticipated that Patterson will maintain a workforce of about 10600 employees by May 2024.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid

Patterson UTI's latest congressional trading

Congressional trading in companies like Patterson UTI Energy, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Patterson UTI by those in governmental positions are based on the same information available to the general public.
2024-01-11Representative Josh GottheimerAcquired Under $15KVerify
2022-06-16Representative Chris JacobsAcquired $15K to $50KVerify
2022-05-20Representative Debbie Wasserman SchultzAcquired Under $15KVerify
2019-06-24Representative Donna ShalalaDisposed Under $15KVerify

Patterson UTI Management Team Effectiveness

The company has return on total asset (ROA) of 0.0535 % which means that it generated a profit of $0.0535 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0758 %, meaning that it created $0.0758 on every $100 dollars invested by stockholders. Patterson UTI's management efficiency ratios could be used to measure how well Patterson UTI manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Patterson UTI's Return On Capital Employed is very stable compared to the past year. As of the 24th of April 2024, Return On Assets is likely to grow to 0.04, while Return On Tangible Assets are likely to drop 0.04. At this time, Patterson UTI's Intangibles To Total Assets are very stable compared to the past year. As of the 24th of April 2024, Fixed Asset Turnover is likely to grow to 1.36, while Other Current Assets are likely to drop about 41.9 M.
As of the 24th of April 2024, Net Income Applicable To Common Shares is likely to grow to about 146.2 M, while Common Stock Shares Outstanding is likely to drop about 153.1 M.

Patterson UTI Workforce Comparison

Patterson UTI Energy is regarded second in number of employees category among related companies. The total workforce of Energy industry is at this time estimated at about 50,259. Patterson UTI totals roughly 10,600 in number of employees claiming about 21% of equities under Energy industry.
The company has Profit Margin (PM) of 0.06 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.08 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.08.

Patterson UTI Insider Trading History

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Patterson UTI insiders, such as employees or executives, is commonly permitted as long as it does not rely on Patterson UTI's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases, Patterson UTI insiders must file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Buy/Sell Ratio# Purchases Trades# Sales TradesTotal Shares PurchasedTotal Shares Sold
2023-09-01
0.9
18
20
 12,108,039 
 5,884,879 
2023-06-01
0.6111
11
18
 2,085,000 
 1,692,322 
2022-06-01
0.4138
12
29
 1,178,482 
 1,389,512 
2022-03-01
0.5
5
10
 109,467 
 541,230 
2021-06-01
0.7692
10
13
 1,206,800 
 240,720 
2020-09-01
0.5
2
4
 38,000 
 50,104 
2020-06-01
2.0
8
4
 1,075,573 
 18,093 
2020-03-01
6.5
13
2
 334,996 
 11,818 
2019-09-01
0.6667
4
6
 110,059 
 105,013 
2019-06-01
1.0
12
12
 1,119,715 
 1,157,856 
2019-03-01
2.0
12
6
 172,973 
 71,525 
2018-09-01
0.6
3
5
 85,058 
 100,012 
2018-06-01
1.0
10
10
 1,006,615 
 337,366 
2018-03-01
2.0
6
3
 48,025 
 22,574 
2017-12-01
0.6667
4
6
 31,500 
 56,640 
2017-09-01
1.5
3
2
 208,117 
 5,127 
2017-06-01
3.3333
10
3
 852,836 
 37,855 
2017-03-01
3.0
6
2
 42,500 
 17,989 
2016-12-01
0.6667
4
6
 40,000 
 56,325 
2016-06-01
2.5
10
4
 1,142,800 
 30,960 
2016-03-01
11.0
11
1
 92,000 
 27,000 
2015-06-01
1.4444
13
9
 1,449,500 
 261,109 
2014-12-01
2.0
2
1
 13,000 
 10,000 
2014-09-01
2.0
2
1
 13,000 
 0.00 
2014-06-01
0.5405
20
37
 1,622,545 
 2,164,700 
2014-03-01
5.5
11
2
 185,000 
 240,000 
2013-06-01
2.0
14
7
 1,316,750 
 174,245 
2013-03-01
2.0
16
8
 1,218,000 
 2,157,624 
2012-12-01
0.8
4
5
 414,900 
 437,345 
2012-09-01
2.0
2
1
 13,000 
 0.00 
2012-06-01
3.6667
11
3
 1,096,500 
 1,001 
2012-03-01
2.0
8
4
 52,000 
 171.00 
2011-12-01
0.25
1
4
 210,000 
 210,153 
2011-06-01
0.7692
10
13
 665,000 
 44,892 
2011-03-01
2.0
8
4
 52,000 
 15,171 
2010-06-01
3.6667
11
3
 1,275,750 
 1,409 
2009-09-01
0.6667
2
3
 30,000 
 1,433 
2009-06-01
6.5
13
2
 1,262,000 
 882.00 
2009-03-01
8.0
8
1
 52,000 
 2,177 
2008-06-01
0.7692
20
26
 2,153,250 
 3,106,839 
2007-06-01
11.0
11
1
 1,225,000 
 0.00 
2007-03-01
1.4
14
10
 98,000 
 20,000 
2006-12-01
0.6667
2
3
 30,000 
 45,000 
2006-09-01
9.0
9
1
 840,000 
 5,000 
2006-06-01
0.5
1
2
 20,000 
 40,000 
2005-09-01
0.5185
14
27
 861,200 
 3,613,200 
2005-06-01
1.3333
28
21
 2,518,000 
 3,395,000 
2005-03-01
0.4231
11
26
 639,300 
 2,609,300 
2004-12-01
0.5455
18
33
 959,000 
 4,248,000 
2004-09-01
0.5
1
2
 15,000 
 30,000 
2004-03-01
0.4444
12
27
 549,495 
 2,327,468 
2003-12-01
1.0
5
5
 47,500 
 22,726 

Patterson UTI Notable Stakeholders

A Patterson UTI stakeholder refers to an individual interested in an outcome of the business. Different stakeholders have different interests, and companies such as Patterson UTI often face trade-offs trying to please all of them. Patterson UTI's stakeholders can have a positive or negative influence on the entity's direction, and there are a lot of executives involved in getting Patterson UTI's stock to the level that pleases all shareholders. Keeping track of the stakeholders is a great way to stay on top of things affecting its ongoing price.
William HendricksCEO PresidentProfile
Mark SiegelChairman of the BoardProfile
John VollmerCFO, Senior Vice President - Corporate Development, TreasurerProfile
Andrew SmithCFO, Executive Vice President DirectorProfile
Kenneth BernsSenior Vice President DirectorProfile
James HolcombPresident of UTI Drilling Company LLCProfile
Charles BucknerIndependent DirectorProfile
Terry HuntIndependent DirectorProfile
Michael ConlonIndependent DirectorProfile
Janeen JudahDirectorProfile
Curtis HuffLead Independent DirectorProfile
Tiffany CepakIndependent DirectorProfile
Tiffany ThomDirectorProfile
James CFADirector of Investor RelationsProfile
Kenneth CPAExecutive OfficerProfile
James DrickamerVP RelationsProfile
Michael SabellaVice RelationsProfile
Seth WexlerGeneral Counsel, SecretaryProfile
Matt PyeSenior AffairsProfile
Kathryn RoarkDiversity SustainabilityProfile
Diana DotoloSenior ResourcesProfile
Marty UnreinSenior MarketingProfile
Kenneth PucheuChief OfficerProfile

About Patterson UTI Management Performance

The success or failure of an entity such as Patterson UTI Energy often depends on how effective the management is. Patterson UTI management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Patterson management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Patterson management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.04 
Return On Capital Employed 0.07  0.07 
Return On Assets 0.03  0.04 
Return On Equity 0.05  0.05 
The data published in Patterson UTI's official financial statements usually reflect Patterson UTI's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Patterson UTI Energy. For example, before you start analyzing numbers published by Patterson accountants, it's critical to develop an understanding of what Patterson UTI's liquidity, profitability, and earnings quality are in the context of the Energy Equipment & Services space in which it operates.
Please note, the presentation of Patterson UTI's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Patterson UTI's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Patterson UTI's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Patterson UTI Energy. Please utilize our Beneish M Score to check the likelihood of Patterson UTI's management manipulating its earnings.

Patterson UTI Workforce Analysis

Traditionally, organizations such as Patterson UTI use manpower efficiency calculations for various incentive schemes, employee appraisal, or as an initiative to improve the processes. However, it can also be used by investors to make long-term investment decisions. The trends in the profit per employee or revenue per employee are measured by net income or revenue divided by the current number of full-time employees over a given time interval. Because workforce needs differ across sectors, these ratios could be used to compare Patterson UTI within its industry.

Patterson UTI Manpower Efficiency

Return on Patterson UTI Manpower

Revenue Per Employee391.2K
Revenue Per Executive180.3M
Net Income Per Employee23.2K
Net Income Per Executive10.7M
Working Capital Per Employee41.1K
Working Capital Per Executive18.9M
When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson UTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:
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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Patterson UTI Energy information on this page should be used as a complementary analysis to other Patterson UTI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running Patterson UTI's price analysis, check to measure Patterson UTI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson UTI is operating at the current time. Most of Patterson UTI's value examination focuses on studying past and present price action to predict the probability of Patterson UTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson UTI's price. Additionally, you may evaluate how the addition of Patterson UTI to your portfolios can decrease your overall portfolio volatility.
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Is Patterson UTI's industry 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
(0.68)
Dividend Share
0.32
Earnings Share
0.88
Revenue Per Share
14.835
Quarterly Revenue Growth
1.009
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.