Is Patterson-UTI Energy Inc (PTEN) overvalued? · rev $5.38B
Patterson-UTI Energy Inc (PTEN) is a oil & gas drilling company listed on US.
This page asks whether Patterson-UTI Energy Inc (PTEN) looks expensive on cached numbers — not a short thesis.
Latest reported PTEN revenue for 2024-12-31 was $5.38B. Net income was -$966.4M. Revenue was up 29.7% from 2023-12-31 to 2024-12-31. PTEN currently screens at market cap $4.37B.
PTEN currently screens at market cap $4.37B. A high multiple can be growth prepaid or a bubble. The filing has to explain the gap.
If the next PTEN 8-K cuts growth or raises capex, this “expensive” read gets worse. Until then the SEC page is the source.
Not investment advice. Use the PTEN stock page for the full model, not this heading.
Not investment advice.