Patterson is one of the leading providers of domestic land drilling services to major & independent oil & natural gas companies. The Company focuses its operations in Texas & southeast New Mexico. The Company currently has a drilling fleet of 114 drilling rigs, 108 of which are currently operable. The Company is also engaged in the development, exploration, acquisition & production of oil and natural gas; however, due to the substantial growth in the Company's drilling contract operations, the oil & natural gas operations are no longer material to the Company's overall operations.
Companies here service the oil and natural gas industries. There are many below that specialize in offshore and land-based seismic drilling. Some specialize in the operation and development of oil wells; others supply technologically advanced piece of equipment. They may manufacture platforms with complex piping for offshore drilling or drill bits used to bore through the earth. Regardless of how exactly they do it, the companies here are still vital components of the oil and natural gas industry.
|
| Totals |
Company |
Industry |
| Sales: |
$3,327.0 Mil |
$81,966.4 Mil |
| Market Cap: |
$3,019.8 Mil |
$122,871.8 Mil |
| Analysts Recommendation: |
Strong Buy |
Buy |
|
|
| Averages |
Company |
Industry |
 |
| Growth |
| Historic Revenue: |
41.2% |
18.6% |
| Estimated Revenue: |
(14.6%) |
2.4% |
| Historic Earnings: |
N/A |
101.2% |
| Estimated Earnings: |
N/A |
16.5% |
| Stock Price (1 Year): |
(22.7%) |
(25.2%) |
| Cash per Share: |
485.3% |
75.3% |
| Dividend: |
N/A |
N/A |
| Price |
| Trailing PE: |
N/A |
N/A |
| Forward PE: |
N/A |
40.3 |
| Price-to-Sales: |
.9 |
N/A |
| Price-to-Book: |
.9 |
1.3 |
| Dividend Yield: |
N/A |
N/A |
| Market Cap: |
$3,019.8 Mil |
$7,679.5 Mil |
| Operations |
| Net Margin: |
(9.7%) |
(7.1%) |
| Gross Margin: |
27.8% |
19.7% |
| Return on Equity: |
(.1) |
(.0) |
| Return on Assets: |
(.1) |
(.0) |
| Balance Sheet |
| Current Ratio: |
1.8 |
2.4 |
| Quick Ratio: |
1.7 |
1.8 |
| Cash Ratio: |
.5 |
.6 |
| Debt-to-Equity: |
.6 |
.9 |
| Interest Coverage: |
.1 |
(.4) |
| Technicals |
| Relative-Strength Index: |
59.3 |
50.4 |
|
|
|
