Patterson-UTI (PTEN)

• Market cap: $3.24B
• 1 day: 1.95%
• 5 days: -2.44%
• 1 month: 11.88%
• 3 months: -1.76%
• 6 months: 5.81%
• Year to date: -1.76%
• 1 year: -28.68%
• 5 years: 343.39%
• 10 years: -56.67%
• Sector: Energy
• Industry: Drilling Oil & Gas Wells

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

20% more repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 115

13% more capital invested

Capital invested by funds: $2.95B [Q3] → $3.34B (+$391M) [Q4]

5.5% more ownership

Funds ownership: 98.08% [Q3] → 103.58% (+5.5%) [Q4]

8% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 59

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

1% less funds holding

Funds holding: 364 [Q3] → 362 (-2) [Q4]

57% less call options, than puts

Call options by funds: $12.8M | Put options by funds: $29.5M

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9 7% upside
• Avg. target: $11 31% upside
• High target: $13 55% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Morgan Stanley Daniel Kutz 40% 1-year accuracy 2 / 5 met price target	7% upside $9	Equal-Weight Maintained	27 Mar 2025
Stifel Stephen Gengaro 41% 1-year accuracy 37 / 91 met price target	55% upside $13	Buy Maintained	6 Jan 2025