Patterson-UTI Energy, Inc. (PTEN) — Oil & Gas Drilling. Numbers-first dossier: valuation, distress risk, calibrated signal.

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Bid — × — AskUpdated Nov 9, 2026 · 4:00 PM ETVol 6.59M · 3-mo avg 7.67M

Patterson-UTI Energy, Inc. (PTEN)

PTENPatterson-UTI Energy, Inc.loading…
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QTick signal
+2net
3 bull / 2 bear factors · balanced
Bull 5 pts·Bear 3 pts30d
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Market context—Sector read · not on fileRiskBalance sheet · Distress—Inflation-report days · not on fileRiskFalling sharply · sharp-drop risk 70/100 · was 67 on Nov 5 · Nov 90/6Bottom watch · 0 of 6 confirmations
$9.81
near a recent low and a support level · Nov 9
$10–11
near a round-number price and the 200-day average · midpoint $10.56 · Nov 9
±$0.01
±0.1% up or down, priced by the options market
Golden cross
50-day average is above the 200-day, but price is 16% below the 50-day average — the uptrend is damaged
Elevated
95% of similar setups fell 10% or more within 3 months · 1.2× the usual rate
Golden cross
50-day average is above the 200-day, but price is 16% below the 50-day average — the uptrend is damaged
Trading volume16% below normal0.84× its 20-day average
Past year's range$5.24 – $13.39lowest to highest price
From its peak68.6% belowpeak $31.38, highest since 2015
Gain vs. risk0.50 to 1$0.50 possible gain per $1 at risk
Plan fails below$8.45the setup is broken under this price
Options pressure point$6.00price can drift here near expiry
Momentum (RSI)33.8washed out
Accounting warning signs1worth checking — see the list
Price vs. profit22.5× next yearloss over the last 12 months
Price vs. its own pastusual P/E 17.0×median of the last 5 years
Cash it generates10.0%of its market value, per year

Last session traded in line with its own normal, price down 0.6%. Over the last 20 sessions, 50% of the volume traded on days the stock closed lower.

Entry strategy · 10 triggers

4 of 6 aligned — not yet
RSI 14
✓
33.8
washed out
vs 50-day
✓
$11.72
below the line
Bollinger
●
$9.79
no lower pierce · fires near $9.76
VWAP 20
✓
$11.65
below the rolling VWAP
Entry level
✓
$9.81
within 1% of model level
Put wall
●
$6.00
2026-11-20 expiry · chain of 2026-11-09
MACD
Context●
-0.28
below zero · still falling
RVolStatic
0.84×
in line with its own normal
Short int.Static
7.3%
short interest below 20%
ATRStatic
$0.68
14-session average true range
A checklist, not odds on a return: 4 of 6 usable price conditions have to line up. RSI, the 50-day average and the Bollinger band move with the price you set; the 20-day average traded price, the entry level and the busiest put strike stay fixed. MACD, RVol, Short int. and ATR are context only — they never count toward the total.
See the full case→
Next earnings
2027-02-03
in 58 sessions
Next dividend
USD 0.10
ex-date 2026-12-01