Patterson-UTI Energy Stock Forecast for 2023 - 2025 - 2030

Updated on 04/20/2024

Stock Rating
10
Price Target
$16.00
Consensus
Outperform
Upside
39.01%
Analysts
1
Stock Rating
10
Upside
39.01%
Analysts
1
Price Target
$16.00

Patterson-UTI Energy Stock Forecast and Price Target

Given the average yearlong price target of $16.00 provided by prominent analysts over the past few months, there is a potential upside of approximately 39.01% from the last closing price in April, 2024 for Patterson-UTI Energy's stock if it is reached. This estimation is based on a high estimate of $19.00 and a low estimate of $14.00. If you are interested in PTEN stock, it is important to also consider its competitors.

$16.00

39.01% Upside

Outperform
Outperform

Patterson-UTI Energy Fair Value Forecast for 2023 - 2025 - 2030

In the last four years, Patterson-UTI Energy's Price has seen an increase, rising from $0.00 to $0.00. This represents a growth of 100.00%. Analysts predict that Patterson-UTI Energy's Fair Value will increase in the upcoming year, reaching $12.41. This would represent an increase of 100.00%. Over the next nine years, experts predict that Patterson-UTI Energy's Fair Value will grow at a rate of 100.00%.

2024 Fair Value Forecast
$12.41
2025 Fair Value Forecast
$13.80
2026 Fair Value Forecast
$15.34
2027 Fair Value Forecast
$17.06
2027 Fair Value Forecast
$18.96
2028 Fair Value Forecast
$21.09
2029 Fair Value Forecast
$23.45
2030 Fair Value Forecast
$26.07
2030 Fair Value Forecast
$28.99
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HAL Stock Forecast Halliburton Outperform 17
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BKR Stock Forecast Baker Hughes Outperform 16
$32.60 Buy/Sell $40.57 24.23%

Patterson-UTI Energy Revenue Forecast for 2023 - 2025 - 2030

In the last two years, Patterson-UTI Energy's Revenue has seen an increase, rising from $1.12B to $2.65B. This represents a growth of 135.50%. Analysts predict that Patterson-UTI Energy's Revenue will increase in the upcoming year, reaching $6.78B. This would represent an increase of 156.18%. Over the next nine years, experts predict that Patterson-UTI Energy's Revenue will grow at a rate of 222.78%.

2024 Rev Forecast
$6.78B
2024 Rev Forecast
$6.78B
2025 Rev Forecast
$7.05B
2026 Rev Forecast
$8.28B
2027 Rev Forecast
$8.01B
2028 Rev Forecast
$8.16B
2029 Rev Forecast
$8.34B
2030 Rev Forecast
$8.55B
2030 Rev Forecast
$8.55B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
CTRA Stock Forecast Coterra Energy Outperform 8
$27.75 Buy/Sell $30.95 11.71%
FTI Stock Forecast TechnipFMC Outperform 18
$25.22 Buy/Sell $24.79 9.04%
CLH Stock Forecast Clean Harbors Outperform 16
$193.71 Buy/Sell $184.89 11.25%

Patterson-UTI Energy Dividend per Share Forecast for 2023 - 2025 - 2030

Patterson-UTI Energy's Dividend per Share has seen growth In the last two years, going from $0.10 to $0.20 – a gain of 100.00% In the next year, analysts believe that Dividend per Share will reach $0.32 – an increase of 60.00%. By 2030, professionals believe that Patterson-UTI Energy's Dividend per Share will decrease by 100.00%, reaching $0.00 – a concerning trend for the company.

2024 DPS Forecast
$0.32
2024 DPS Forecast
$0.32
2025 DPS Forecast
$0.32
2026 DPS Forecast
$0.00
2027 DPS Forecast
$0.00
2028 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2029 DPS Forecast
$0.00
2030 DPS Forecast
$0.00
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
WFRD Stock Forecast Weatherford International Outperform 11
$112.79 Buy/Sell $120.13 18.80%
ENSG Stock Forecast The Ensign Group Outperform 18
$118.26 Buy/Sell $119.25 12.46%
NOV Stock Forecast National Oilwell Varco Inc Outperform 9
$18.75 Buy/Sell $25.13 28.00%

Patterson-UTI Energy Free Cash Flow Forecast for 2023 - 2025 - 2030

2024 FCF Forecast
$0.83B
2024 FCF Forecast
$0.83B
2025 FCF Forecast
$1.03B
2025 FCF Forecast
$1.03B
2026 FCF Forecast
$1.15B
2027 FCF Forecast
$0.73B
2028 FCF Forecast
$0.81B
2028 FCF Forecast
$0.81B
2029 FCF Forecast
$0.89B
2029 FCF Forecast
$0.89B
2030 FCF Forecast
$0.96B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
FTAI Stock Forecast FTAI Aviation Outperform 11
$68.54 Buy/Sell $44.30 -2.25%
SM Stock Forecast SM Energy Outperform 11
$48.09 Buy/Sell $47.38 12.29%
SUBC Stock Forecast Subsea 7 Outperform 9
kr175.30 Buy/Sell kr15.75 -89.69%

Patterson-UTI Energy EBITDA Forecast for 2023 - 2025 - 2030

Patterson-UTI Energy's EBITDA has grown in the last two years, jumping from $210.65M to $684.62M – an increase of 225.00%. In the next year, analysts predict that EBITDA will reach $1.84B – an increase of 168.76%. For the next nine years, the forecast is for EBITDA to grow by 217.11%.

2024 EBITDA Forecast
$1.84B
2025 EBITDA Forecast
$2.00B
2025 EBITDA Forecast
$2.00B
2026 EBITDA Forecast
$2.26B
2027 EBITDA Forecast
$1.92B
2028 EBITDA Forecast
$2.06B
2029 EBITDA Forecast
$2.11B
2030 EBITDA Forecast
$2.17B
2030 EBITDA Forecast
$2.17B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
RIG Stock Forecast Transocean Outperform 10
$5.67 Buy/Sell $8.59 23.46%
HP Stock Forecast Helmerich & Payne Hold 13
$41.96 Buy/Sell $44.33 9.63%
LBRT Stock Forecast Liberty Energy Outperform 13
$22.38 Buy/Sell $23.37 11.71%

Patterson-UTI Energy EBIT Forecast for 2023 - 2025 - 2030

In the last two years, Patterson-UTI Energy's EBIT has increased by 144.40%, going from $-451.96M to $200.68M. In the next year, analysts are expecting an increase in EBIT, predicting it will reach $1.05B – an increase of 424.37%. The Patterson-UTI Energy forecast is for EBIT to reach $1.38B or grow by 586.67%.

2024 EBIT Forecast
$1.05B
2024 EBIT Forecast
$1.05B
2025 EBIT Forecast
$1.12B
2026 EBIT Forecast
$1.36B
2027 EBIT Forecast
$1.19B
2027 EBIT Forecast
$1.19B
2028 EBIT Forecast
$1.32B
2029 EBIT Forecast
$1.35B
2029 EBIT Forecast
$1.35B
2030 EBIT Forecast
$1.38B
2030 EBIT Forecast
$1.38B
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
SPM Stock Forecast Saipem SpA Outperform 7
2.24€ Buy/Sell 2.24€ 25.00%
GPOR Stock Forecast Gulfport Energy Outperform 10
$154.32 Buy/Sell $158.13 19.88%
OII Stock Forecast Oceaneering International Outperform 10
$22.60 Buy/Sell $25.83 6.19%

Patterson-UTI Energy EPS Price Prediction Forecast for 2023 - 2025 - 2030

In the last four years, Patterson-UTI Energy's EPS has seen an increase, rising from $-2.18 to $0.00. This represents a growth of 100.00%. Analysts predict that Patterson-UTI Energy's EPS will increase in the upcoming year, reaching $1.91. This would represent an increase of 100.00%. Over the next nine years, experts predict that Patterson-UTI Energy's EPS will grow at a rate of 100.00%.

2024 EPS Forecast
$1.91
2025 EPS Forecast
$2.10
2026 EPS Forecast
$2.29
2027 EPS Forecast
$1.89
2027 EPS Forecast
$1.89
2028 EPS Forecast
$2.17
2029 EPS Forecast
$2.24
2030 EPS Forecast
$2.30
2030 EPS Forecast
$2.30
Ticker Name Consensus Stock Rating Price Buy/Sell Price Target Upside/Downside
VTLE Stock Forecast Vital Energy Outperform 12
$53.79 Buy/Sell $72.42 17.12%
RES Stock Forecast RPC Hold 10
$7.96 Buy/Sell $8.25 0.50%
HLX Stock Forecast Helix Energy Solutions Group Buy 10
$10.82 Buy/Sell $15.00 38.63%