PTEN

Patterson-UTI EnergyD

Nasdaq / Energy

At close

2026-07-22

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

Value

What changed

Next scheduled catalyst: earnings 2026-07-29 · AMC.

What can break

Intensifying price competition compressing dayrates

Momentum

Value

Sentiment

Setup hits (3d)

0 · Net Neutral

AI TargetsBase $7.59 · Bull $9.00 · Bear $6.00

Earnings

2026-07-29 · AMC

Data freshness

Prices

As of 2026-07-22

Fundamentals

As of 2026-07-21 • Vendor: Data Vendor v1

Scores

As of 2026-07-22 • Model: HYBRID_IC_RP

AI Memo

As of 2026-02-05 • Model: RankAlpha Sentiment AI

Investment thesis

As of 2026-07-22

Supporting evidence

What

Grade D · Defensive

Confidence Medium · Net Neutral

Target $13.00

Why

Momentum27 · Δ7d +1.1

Value61 · Δ7d -0.4

Sentiment35 · Δ7d -5.1

So what

Weak posture (Net Neutral). Prioritize risk control and patience.

Lead driver: Value · See fundamentals

Momentum

26% active weight

Current posture

7d trendImproving

Δ7d

+1.1

Δ21d

-1.9

Value

39% active weight

Current posture

7d trendFlat

Δ7d

-0.4

Δ21d

-1.3

Sentiment

34% active weight

Current posture

7d trendSoftening

Δ7d

-5.1

Δ21d

-12.3

Why this grade

Composite grade D. Momentum 26.5 / Value 61.0 / Sentiment 35.5

Fundamentals (TTM)

As of 2026-07-21

Market Cap

$4B

Beta

0.75

Shares Out

379.62M

P/E (TTM) · Derived

-43.1

P/S (TTM)

0.53

P/FCF (TTM)

15.57

Rev YoY

-12.7%

EPS YoY

-2596.2%

Gross Margin

+4.1%

Op Margin

-1.5%

Net Debt

$859.83M

Current Ratio

1.84

As of 2026-07-22 • Updated nightlySource: Internal modelMethodology