What is Atb Cap Markets’ Forecast for PTEN FY2025 Earnings?

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) – Equities research analysts at Atb Cap Markets lifted their FY2025 earnings per share (EPS) estimates for shares of Patterson-UTI Energy in a report issued on Tuesday, December 10th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas company will post earnings of ($0.02) per share for the year, up from their previous estimate of ($0.04). The consensus estimate for Patterson-UTI Energy’s current full-year earnings is $0.10 per share. Atb Cap Markets also issued estimates for Patterson-UTI Energy’s Q4 2025 earnings at $0.01 EPS, Q1 2026 earnings at $0.04 EPS, Q2 2026 earnings at $0.08 EPS, Q3 2026 earnings at $0.10 EPS and FY2026 earnings at $0.31 EPS.

Several other equities analysts have also recently weighed in on the company. Susquehanna cut their price objective on Patterson-UTI Energy from $13.00 to $10.00 and set a “positive” rating for the company in a research report on Friday, October 11th. ATB Capital cut their price target on Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Wednesday, September 4th. Raymond James lowered their price objective on shares of Patterson-UTI Energy from $12.00 to $11.00 and set a “strong-buy” rating on the stock in a research note on Friday, October 25th. Stifel Nicolaus cut their target price on shares of Patterson-UTI Energy from $15.00 to $14.00 and set a “buy” rating for the company in a research note on Friday, October 11th. Finally, Royal Bank of Canada decreased their price target on shares of Patterson-UTI Energy from $12.00 to $11.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Patterson-UTI Energy currently has an average rating of “Moderate Buy” and an average price target of $11.71.

Patterson-UTI Energy Stock Performance

NASDAQ:PTEN opened at $7.72 on Friday. The firm has a market capitalization of $3.01 billion, a PE ratio of -3.53 and a beta of 2.12. Patterson-UTI Energy has a 1 year low of $7.38 and a 1 year high of $12.65. The company has a current ratio of 1.52, a quick ratio of 1.32 and a debt-to-equity ratio of 0.35. The firm’s fifty day simple moving average is $8.10 and its 200 day simple moving average is $8.98.

Patterson-UTI Energy Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Monday, December 2nd will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 4.15%. The ex-dividend date is Monday, December 2nd. Patterson-UTI Energy’s dividend payout ratio (DPR) is currently -14.61%.

Hedge Funds Weigh In On Patterson-UTI Energy

Hedge funds have recently added to or reduced their stakes in the stock. CIBC Asset Management Inc grew its holdings in Patterson-UTI Energy by 7.2% during the third quarter. CIBC Asset Management Inc now owns 22,336 shares of the oil and gas company’s stock valued at $171,000 after purchasing an additional 1,501 shares during the period. KBC Group NV grew its holdings in shares of Patterson-UTI Energy by 18.5% in the 3rd quarter. KBC Group NV now owns 11,044 shares of the oil and gas company’s stock valued at $84,000 after buying an additional 1,723 shares during the period. Sage Rhino Capital LLC increased its position in shares of Patterson-UTI Energy by 15.8% in the 2nd quarter. Sage Rhino Capital LLC now owns 12,623 shares of the oil and gas company’s stock valued at $131,000 after buying an additional 1,724 shares in the last quarter. Sequoia Financial Advisors LLC raised its stake in Patterson-UTI Energy by 10.6% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 19,548 shares of the oil and gas company’s stock worth $150,000 after buying an additional 1,879 shares during the period. Finally, Blue Trust Inc. lifted its holdings in Patterson-UTI Energy by 25.0% during the third quarter. Blue Trust Inc. now owns 9,498 shares of the oil and gas company’s stock worth $73,000 after acquiring an additional 1,901 shares in the last quarter. Institutional investors and hedge funds own 97.91% of the company’s stock.

About Patterson-UTI Energy

Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.