Patterson Uti Energy Stock Net Income

PE1 Stock  EUR 8.00  0.05  0.62%   
Patterson UTI Energy fundamentals help investors to digest information that contributes to Patterson-UTI Energy's financial success or failures. It also enables traders to predict the movement of Patterson-UTI Stock. The fundamental analysis module provides a way to measure Patterson-UTI Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Patterson-UTI Energy stock.
  
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Patterson UTI Energy Company Net Income Analysis

Patterson-UTI Energy's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Patterson-UTI Energy Net Income

    
  154.66 M  
Most of Patterson-UTI Energy's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Patterson UTI Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Based on the recorded statements, Patterson UTI Energy reported net income of 154.66 M. This is 93.19% lower than that of the Energy sector and 138.54% lower than that of the Oil & Gas Drilling industry. The net income for all Germany stocks is 72.91% higher than that of the company.

Patterson-UTI Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patterson-UTI Energy's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Patterson-UTI Energy could also be used in its relative valuation, which is a method of valuing Patterson-UTI Energy by comparing valuation metrics of similar companies.
Patterson UTI is currently under evaluation in net income category among its peers.

Patterson-UTI Fundamentals

About Patterson-UTI Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Patterson UTI Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patterson-UTI Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patterson UTI Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Information and Resources on Investing in Patterson-UTI Stock

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 Energy'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 board of governors.
For more detail on how to invest in Patterson-UTI Stock please use our How to Invest in Patterson-UTI Energy guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between Patterson-UTI Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson-UTI Energy 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 Energy'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.