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Patterson-UTI Energy, Inc.

Energy Updated August 11, 2026
$11.07
52W $5.10 – $13.08
52/100
$4.20B
-47.9
0.65
AI Committee Verdict
Watch
52/100
Conviction: Contested · 50% agreement · 6 analysts
Contested

Is PTEN Bullish or Bearish?

Mixed. Innellis AI committee rates Patterson-UTI Energy, Inc. (PTEN) Watch with a composite score of 52/100 , based on 6 analysts with 50% agreement. Last updated August 11, 2026.

What Would Change This View

Upgrade to Buy
Requires a committee score of 60.0 — +8.09 from today. Applies on the first day at or above the line; upgrades are never dampened.
Downgrade to Reduce
Requires the score to fall below 40.0 — -11.91 from today. The band boundary is 45.0, but a one-step downgrade must clear a further margin first. A score oscillating around the line should not change the rating every night.

Executive Summary

The committee is genuinely divided. Macro Analyst sees a compelling case — vix regime is low -- calm backdrop supports risk-taking. Growth Analyst remains cautious — revenue declining -9.4% yoy -- this is not a growth story right now. This disagreement is itself the signal — the setup is not clean in either direction.

Bull & Bear Case

Bull Case
  • Price-to-book of 0.7x is a discount to asset value — Value
  • Dividend yield of 3.6% pays you to wait — Value
  • MACD histogram positive -- bullish momentum — Technical
  • VIX regime is low -- calm backdrop supports risk-taking — Macro
  • Market regime is bullish (Bull market -- normal position sizing) — Macro
  • News sentiment is positive (+0.25 across 8 articles, 14d) — News
Bear Case
  • ROE of only -3.7% -- cheap may mean cheap for a reason — Value
  • Revenue declining -9.4% YoY -- this is not a growth story right now — Growth
  • Bollinger bandwidth of 20.8% signals elevated volatility — Risk
Both cases are generated from quantitative data signals, not qualitative or forward-looking judgement. They summarise what the numbers say today.
Price History (6M)

AI Investment Committee

Committee Consensus As of August 11, 2026
Overall Committee Score
52/100
Agreement
50%
Analysts
6
Conviction
Contested
Sector Rank
Top 91%
of 90 Energy peers
Value Analyst bullish
60 / 100 · Moderate confidence
Classic value case: cheap on multiples with earnings power to back it up
+ Price-to-book of 0.7x is a discount to asset value
− ROE of only -3.7% -- cheap may mean cheap for a reason
Growth Analyst bearish
15 / 100 · Low confidence
Growth story is weak, decelerating, or inconsistent
− Revenue declining -9.4% YoY -- this is not a growth story right now
Technical Analyst neutral
58 / 100 · High confidence
Mixed or range-bound price action
+ MACD histogram positive -- bullish momentum
Risk Analyst bearish
35 / 100 · Low confidence
Elevated risk from leverage, volatility, event exposure, or portfolio concentration -- size accordingly
− Bollinger bandwidth of 20.8% signals elevated volatility
Macro Analyst bullish
78 / 100 · Moderate confidence
Macro backdrop is supportive of risk assets generally, and this name's beta works in its favor
+ VIX regime is low -- calm backdrop supports risk-taking
News Analyst bullish
66 / 100 · Low confidence
News flow and recent filings/analyst actions are net positive
+ News sentiment is positive (+0.25 across 8 articles, 14d)
Portfolio Manager neutral
55 / 100 · Moderate confidence
Portfolio-level factors are mixed -- worth a deliberate sizing decision, not a default-size position
+ Portfolio position concentration is currently healthy
− 2 existing position pair(s) are highly correlated already
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Technical Analysis

RSI (14)
66.9
Neutral
MACD Histogram
0.138
Bullish Momentum
Trend Direction
Sideways
Weekly: Uptrend
Market Structure
Mixed
Support
$9.18
Resistance
$13.08
Bollinger %B
0.97
Inside Bands
Price vs Moving Averages
EMA 9
$10.32 Above
EMA 21
$10.12 Above
EMA 50
$10.22 Above
EMA 200
$9.32 Above

Fundamental Analysis

Valuation
100
Profitability
0
Financial Health
90
Cash Flow
70
Valuation
P/E Ratio -47.9×
P/B Ratio 1.36×
PEG Ratio -0.37
Dividend Yield 3.25%
52W High $13.08
52W Low $5.10
Quality & Growth
ROE -290.9%
ROA -168.1%
Gross Margin 1419.8%
Operating Margin -114.3%
Revenue Growth YoY
Debt / Equity 0.41
AI Fundamental Assessment
[reduced confidence: limited earnings history] P/E ratio of -47.9 (inexpensive relative to a 15-40x range); Price-to-book of 1.4x; PEG ratio of -0.4 (under 1.0 suggests growth is undervalued relative to price); Return on equity of -2.9%; Return on assets of -1.7%; Net margin of -1.9%; Gross margin of 14.2%; Current ratio of 1.75 (healthy short-term liquidity); Debt-to-equity of 0.41; Free cash flow per share is positive (0.47); Earnings-history trend unavailable; growth based on TTM year-over-year only.
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