Patterson-UTI Energy, Inc. (PTEN)
Energy
- Fundamental
- 3
- Sentiment
- 3
- Technical
- 2
Do Nothing: adx14 failed to load, degrading a mandatory core indicator; the technical read is unreliable and no bullish entry can be scored.
Company overview
Patterson-UTI Energy, Inc. provides onshore contract drilling services for oil and natural gas exploration across the U.S. and internationally. Its operations are divided into contract drilling, pressure pumping, and directional drilling services. The company also offers equipment maintenance and automation solutions, with non-operating interests in oil and gas assets.
Fundamental
fairPTEN shows low valuation multiples and manageable leverage, but weak profitability and elevated risk indicators.
Mixed fundamentals. PTEN has a low EV/EBITDA (~5.56x) and moderate leverage (net debt/EBITDA ~1.26) with solid reported liquidity in the latest 10-Q (cash ~$201M and ~$498M revolver availability; next debt maturity 2029). However, profitability is still weak (TTM net margin -1.92%, ROE -2.82%) and risk signals are elevated (Altman Z-score 1.58; interest coverage -0.73).
Sentiment
fairPost-earnings sentiment is modestly bullish, but no clear catalysts are present in the near term.
PTEN is in post-Q2-earnings digestion (2026-07-29, announced) with aggregator-tier media sentiment modestly bullish over the last ~14 days and roughly unchanged versus the prior 30–90d baseline. Legal/regulatory tools surfaced no regulator-confirmed investigations (court-case search was CAPTCHA-limited), so the near-term read is mildly constructive but catalyst-light.
Technical
weakThe stock is below key short-term averages, with missing ADX data preventing a reliable technical setup.
PTEN's long-term trend is still intact above the 200-day average, but the near-term structure is weak with price below SMA20, SMA50, EMA9, and EMA21. RSI14 at 44.97 and Williams %R at -76.02 show a weak-to-oversold pullback, while MACD at -0.06 is above its -0.09 signal but still below zero; because ADX14 failed to load, the core trend-strength read is incomplete and the score is capped at 2.
You’re looking at 2026-08-06 — about 2 trading days ago.
Subscribers saw this then, and see today’s score, verdict and trade plan now.
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Not financial advice. For informational and educational purposes only.