Kenneth CPA - Patterson UTI Executive Officer

PTEN Stock  USD 11.25  0.01  0.09%   

Executive

Kenneth CPA is Executive Officer of Patterson UTI Energy
Age 64
Address 10713 West Sam Houston Parkway North, Houston, TX, United States, 77064
Phone281 765 7100
Webhttps://www.patenergy.com

Patterson UTI Management Efficiency

The company has return on total asset (ROA) of 0.0535 % which means that it generated a profit of $0.0535 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0758 %, meaning that it created $0.0758 on every $100 dollars invested by stockholders. 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 30th of April 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 30th of April 2024, Fixed Asset Turnover is likely to grow to 1.36, while Other Current Assets are likely to drop about 41.9 M.
The company currently holds 1.35 B in liabilities with Debt to Equity (D/E) ratio of 0.54, which is about average as compared to similar companies. Patterson UTI Energy has a current ratio of 1.52, which is within standard range for the sector. Debt can assist Patterson UTI until it has trouble settling it off, either with new capital or with free cash flow. So, Patterson UTI's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Patterson UTI Energy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Patterson to invest in growth at high rates of return. When we think about Patterson UTI's use of debt, we should always consider it together with cash and equity.

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Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas. Patterson-Uti Energy operates under Oil Gas Drilling classification in the United States and is traded on NASDAQ Exchange. It employs 5000 people. Patterson UTI Energy (PTEN) is traded on NASDAQ Exchange in USA. It is located in 10713 West Sam Houston Parkway North, Houston, TX, United States, 77064 and employs 10,600 people. Patterson UTI is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

Patterson UTI Energy Leadership Team

Elected by the shareholders, the Patterson UTI's board of directors comprises two types of representatives: Patterson UTI inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Patterson. The board's role is to monitor Patterson UTI's management team and ensure that shareholders' interests are well served. Patterson UTI's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Patterson UTI's outside directors are responsible for providing unbiased perspectives on the board's policies.
Kenneth CPA, Executive Officer
John Vollmer, CFO, Senior Vice President - Corporate Development, Treasurer
James Drickamer, VP Relations
Michael Sabella, Vice Relations
Mark Siegel, Chairman of the Board
Seth Wexler, General Counsel, Secretary
Matt Pye, Senior Affairs
Kathryn Roark, Diversity Sustainability
Charles Buckner, Independent Director
Terry Hunt, Independent Director
William Hendricks, CEO President
Michael Conlon, Independent Director
Janeen Judah, Director
Curtis Huff, Lead Independent Director
Diana Dotolo, Senior Resources
Andrew Smith, CFO, Executive Vice President Director
Tiffany Cepak, Independent Director
Tiffany Thom, Director
Kenneth Berns, Senior Vice President Director
James CFA, Director of Investor Relations
Marty Unrein, Senior Marketing
James Holcomb, President of UTI Drilling Company LLC
Kenneth Pucheu, Chief Officer

Patterson Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Patterson UTI a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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'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 tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Patterson UTI Energy information on this page should be used as a complementary analysis to other Patterson UTI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Patterson UTI's price analysis, check to measure Patterson UTI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson UTI is operating at the current time. Most of Patterson UTI's value examination focuses on studying past and present price action to predict the probability of Patterson UTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson UTI's price. Additionally, you may evaluate how the addition of Patterson UTI to your portfolios can decrease your overall portfolio volatility.
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Is Patterson UTI's industry 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
(0.68)
Dividend Share
0.32
Earnings Share
0.88
Revenue Per Share
14.835
Quarterly Revenue Growth
1.009
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.