Seeking Alpha
16 Sept 2026, 10:59 UTC · 2h ago
Verdict
Source says Upgrade. We score PTEN +0.90 across three claims.
Score confirms the headline.
Upgrade
Rating stated in the headline
+0.90strongly bullish
What the story claims
3 claims · scored −1 bearish … +1 bullish · 0 new · 3 priced in
Patterson-UTI is currently valued at 4.65x forward EV/EBITDA.
Priced inanalysis of current valuation
So whatA return to historical cycle peak multiples could double the current valuation.
More positive than 91% of claims this week
The company has dual exposure to drilling and completions following the NexTier acquisition.
Continue reading
5 related stories
More positive than 95% of ticker scores this week
Scored by the NIS engine · methodology.
Top 3 movers · tap to explore
Priced inanalysis of prior acquisition
So whatThis integrated model accelerates EBITDA growth through the current earnings upcycle.
More positive than 77% of claims this week
North American oil supply is tightening and drilling activity is ramping up due to geopolitical disruptions.
Priced ingeneral market trend analysis
So whatIncreased rig utilization typically leads to higher day-rates in the next print.
More positive than 65% of claims this week
Which stocks this story touches
More positive than 95% of ticker scores this week
Upgraded to BUY with expectations for outsized EBITDA growth and substantial valuation upside.
Free · No account
Get a free daily PDF briefing — the last 24 hours of news, with summaries and the market-impact score for each story, delivered an hour before the open.
We’ll watch
Pre-filled from this story — remove any you don’t want. Add more tickers & tags or fine-tune your watchlist anytime — every email has an edit link, no account needed.
Free forever · one email a day, max · unsubscribe in one click.How it works
Reuters
3h ago
—
PTEN hasn't traded since this ran. Last close $12.71 (Sep 15); the reaction starts at the next open.
PTEN chart →
