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PTEN

Patterson-UTI EnergyD
Nasdaq / Energy
Last Price
Quote time unavailable
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Current thesis
Dayrate gains and faster rig reactivations lift utilization and margins, translating into stronger free cash flow that supports modest multiple expansion toward our 9.00 bull target.
Posture
Defensive
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +3.6.
What can break
Intensifying price competition compressing dayrates
Momentum
95
Value
52
Sentiment
35
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $7.59 · Bull $9.00 · Bear $6.00Analysis 2026-02-05; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-02-05 • Model: RankAlpha Sentiment AI
Investment thesis
As of 2026-09-09

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions

Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Neutral
Target $14.07
Why
Momentum95 · Δ7d +4.4
Value52 · Δ7d +0.1
Sentiment35 · Δ7d +3.6
So what
Weak posture (Net Neutral). Prioritize risk control and patience.

Confirming evidence

  • • Sentiment remains the lead driver in the composite, 7D delta +3.6.

Contradictions & invalidation

  • • Intensifying price competition compressing dayrates
  • • Large, unexpected rig impairments or forced sales
  • • Weaker dayrates or delayed reactivations compress utilization and margins, reducing cash flow and pushing value toward the 6.00 bear target absent capital returns or fleet rationalization.

Catalyst clock

2026-05-06

Q1 2026 results & utilization update

Lead driver: Sentiment · See AI snapshot
Momentum
95
9% active weight
Current posture
7d trendImproving
Δ7d
+4.4
Δ21d
+18.5
Value
52
28% active weight
Current posture
7d trendFlat
Δ7d
+0.1
Δ21d
-7.8
Sentiment
35
62% active weight
Current posture
7d trendImproving
Δ7d
+3.6
Δ21d
-1.0
Why this grade

Composite grade D. Momentum 95.2 / Value 52.4 / Sentiment 34.8

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-02-05. Scenario method

B+
Bull case
20%
Probability
Target price
$9.00
Analysis reference price unavailable
Analysis 2026-02-05 · RankAlpha Sentiment AI
Most likely
B
Base case
55%
Probability
Target price
$7.59
Analysis reference price unavailable
Analysis 2026-02-05 · RankAlpha Sentiment AI
B-
Bear case
25%
Probability
Target price
$6.00
Analysis reference price unavailable
Analysis 2026-02-05 · RankAlpha Sentiment AI
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$4.66B
Beta
0.75
Shares Out
381.39M
P/E (TTM) · Derived
-50.0
P/S (TTM)
0.53
P/FCF (TTM)
15.57
Rev YoY
+0.7%
EPS YoY
-59.5%
Gross Margin
+4.9%
Op Margin
-0.7%
Net Debt
$859.83M
Current Ratio
1.75
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data