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
2024-10-23 | Debbie Wasserman Schultz | Acquired @ 7.8 | |||
2024-05-20 | Robert Wayne Drummond Jr | Disposed 150000 @ 11.55 | View | ||
2024-02-29 | Robert Wayne Drummond Jr | Disposed 187916 @ 11.73 | View | ||
2024-01-11 | Josh Gottheimer | Acquired @ 10.2 | |||
2023-12-11 | Josh Gottheimer | Disposed @ 10.84 | |||
2023-12-01 | Tiffany Thom Cepak | Disposed 15000 @ 11.78 | View |
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.
Patterson |
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.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.
2024-11-21 | Representative Debbie Wasserman Schultz | Acquired Under $15K | Verify | ||
2022-06-01 | Representative Debbie Wasserman Schultz | Acquired Under $15K | Verify | ||
2022-01-25 | Representative Debbie Wasserman Schultz | Acquired Under $15K | Verify |
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.
Buy/Sell Ratio | # Purchases Trades | # Sales Trades | Total Shares Purchased | Total 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 Hendricks | CEO President | Profile | |
Andrew Smith | CFO, Executive Vice President Director | Profile | |
Mike Garvin | President Drilling | Profile | |
James Holcomb | President of UTI Drilling Company LLC | Profile | |
Matthew Gillard | President Pumping | Profile | |
Andrew CPA | Executive CFO | Profile | |
Seth JD | General VP | Profile | |
Kenneth CPA | Executive Officer | Profile | |
James Drickamer | VP Relations | Profile | |
Michael Sabella | Vice Relations | Profile | |
Seth Wexler | General Counsel, Secretary | Profile | |
Matt Pye | Senior Affairs | Profile | |
Kathryn Roark | Diversity Sustainability | Profile | |
Diana Dotolo | Senior Resources | Profile | |
Marty Unrein | Senior Marketing | Profile | |
Kenneth Pucheu | Chief Officer | Profile |
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 Reported | Projected 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 Employee | 391.2K | |
Revenue Per Executive | 259.2M | |
Net Income Per Employee | 23.2K | |
Net Income Per Executive | 15.4M | |
Working Capital Per Employee | 41.1K | |
Working Capital Per Executive | 27.2M |
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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.