Patterson UTI Company Leadership

PTEN Stock  USD 8.62  0.06  0.69%   
About 67% of Patterson UTI's corporate insiders are selling. The analysis of insiders' sentiment of trading Patterson UTI Energy stock suggests that many insiders are alarmed at this time. Patterson UTI employs about 10.6 K people. The company is managed by 16 executives with a total tenure of roughly 33 years, averaging almost 2.0 years of service per executive, having 662.5 employees per reported executive.
William Hendricks  CEO
CEO President
Andrew Smith  President
CFO, Executive Vice President Director

Patterson UTI's Insider Buying Vs Selling

33

 
Selling
 
Buying

Latest Trades

2024-10-23Debbie Wasserman SchultzAcquired @ 7.8
2024-05-20Robert Wayne Drummond JrDisposed 150000 @ 11.55View
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
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 closely tied 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 December 2024.
 
Dot-com Bubble
 
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.
2024-11-21Representative Debbie Wasserman SchultzAcquired Under $15KVerify
2022-06-01Representative Debbie Wasserman SchultzAcquired Under $15KVerify
2022-01-25Representative Debbie Wasserman SchultzAcquired Under $15KVerify

Patterson UTI Management Team Effectiveness

The company has return on total asset (ROA) of 0.0281 % which means that it generated a profit of $0.0281 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2024) %, meaning that it created substantial loss on money invested by shareholders. 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 25th of November 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 25th of November 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 25th of November 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 its peers. The total workforce of Energy industry is at this time estimated at about 43,159. Patterson UTI totals roughly 10,600 in number of employees claiming about 25% of equities under Energy industry.
The company has Profit Margin (PM) of (0.15) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.01 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.01.

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
2024-06-01
0.5789
11
19
 1,493,481 
 645,907 
2024-03-01
2.0
12
6
 227,600 
 327,702 
2023-09-01
1.05
21
20
 12,536,285 
 5,884,879 
2023-06-01
0.6111
11
18
 2,085,000 
 1,692,322 
2022-06-01
0.3158
12
38
 1,178,482 
 1,639,574 
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
0.4615
12
26
 549,495 
 1,268,795 
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
Andrew SmithCFO, Executive Vice President DirectorProfile
Mike GarvinPresident DrillingProfile
James HolcombPresident of UTI Drilling Company LLCProfile
Matthew GillardPresident PumpingProfile
Andrew CPAExecutive CFOProfile
Seth JDGeneral VPProfile
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 0.06  0.07 
Return On Assets 0.03  0.04 
Return On Equity 0.05  0.05 

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 Executive259.2M
Net Income Per Employee23.2K
Net Income Per Executive15.4M
Working Capital Per Employee41.1K
Working Capital Per Executive27.2M
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 closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
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
(0.93)
Dividend Share
0.32
Earnings Share
(2.20)
Revenue Per Share
14.352
Quarterly Revenue Growth
0.342
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.