- The report contains detailed information about Patterson-UTI Energy Inc. that gives an unrivalled in-depth knowledge about internal business-environment of the company: data about the owners, senior executives, locations, subsidiaries, markets, products, and company history.
- Another part of the report is a SWOT-analysis carried out for Patterson-UTI Energy Inc.. It involves specifying the objective of the company's business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths, weaknesses, opportunities, and possible threats against it.
- The Patterson-UTI Energy Inc. financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. This sort of company's information will assist and strengthen your company’s decision-making processes.
- In the part that describes Patterson-UTI Energy Inc. competitors and the industry in whole, the information about company's financial ratios is compared to those of its competitors and to the industry. The unique analysis of the market and company’s competitors along with detailed information about the internal and external factors affecting the relevant industry will help to manage your business environment. Your company’s business and sales activities will be boosted by gaining an insight into your competitors’ businesses.
- Also the report provides relevant news, an analysis of PR-activity, and stock price movements. The latter are correlated with pertinent news and press releases, and annual and quarterly forecasts are given by a variety of experts and market research firms. Such information creates your awareness about principal trends of Patterson-UTI Energy Inc. business.
About Patterson-UTI Energy Inc.
Patterson-UTI Energy, Inc. engages in the ownership and operation of a fleet of land-based drilling rigs in the United States. The companys contract drilling business operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia, and western Canada.
As of December 31, 2009, the company had a drilling fleet that consisted of 341 marketable land-based drilling rigs. It also has an inventory of drill pipe and drilling rig components.
The company provides pressure pumping services to oil and natural gas operators primarily in the Appalachian Basin. These services consist primarily of well stimulation and cementing for completion of new wells and remedial work on existing wells. The company also owns and invests in oil and natural gas assets as a working interest owner. The companys oil and natural gas interests are located primarily in Texas and New Mexico.
The companys segments include Contract Drilling Services, Pressure Pumping Services, and Oil and Natural Gas Exploration and Production.
Contract Drilling Operations
The company markets its contract drilling services to major and independent oil and natural gas operators. As of December 31, 2009, the company had 341 marketable land-based drilling rigs based in the following regions: 73 in west Texas and southeastern New Mexico; 100 in north central and east Texas, northern Louisiana and Mississippi; 56 in the Rocky Mountain region (Colorado, Utah, Wyoming, Montana and North Dakota); 49 in south Texas and southern Louisiana; 28 in the Texas panhandle, Oklahoma and Arkansas; 15 in the Appalachian Basin; and 20 in western Canada.
The companys marketable drilling rigs have rated maximum depth capabilities ranging from 5,000 feet to 30,000 feet. Of these drilling rigs, 107 are electric rigs and 234 are mechanical rigs. The company also has an inventory of drill pipe and drilling rig components, which may be used in the activation of additional drilling rigs or as replacement parts for marketable rigs.
As of December 31, 2009, the company owned and operated 323 trucks and 417 trailers used to rig down, transport, and rig up its drilling rigs.
Pressure Pumping Operations
The company provides pressure pumping services to oil and natural gas operators primarily in the Appalachian Basin. Pressure pumping services are primarily well stimulation and cementing for the completion of new wells and remedial work on existing wells.
Equipment: The companys pressure pumping equipment, as of December 31, 2009, included equipment used in providing hydraulic and nitrogen fracturing services as well as cementing services as follows:
Hydraulic fracturing equipment: 20 quintiplex pump trailers (45,000 hydraulic horsepower), 69 triplex pumper trucks (82,800 hydraulic horsepower), 35 blender trucks, 4 blender trailers, 32 bulk acid trucks/acid pumper trucks, 70 bulk sand trucks, 19 sand pneumatic trucks, 6 sand pneumatic trailers, 15 flatbed material trucks, 30 connection trucks, 1 shale fracturing hydration trailer, 3 shale fracturing manifold trailers, 1 shale fracturing iron trailer, 15 shale fracturing sand field bins with conveyors, and 3 shale fracturing large conveyors.
Nitrogen fracturing equipment: 59 nitrogen pumper trucks (35,400 hydraulic horsepower), 30 bulk nitrogen trucks, and 9 bulk nitrogen tractor trailer combinations.
Cementing equipment: 44 cement pumper trucks and 51 bulk cement trucks.
The company also had 45 tractors, as of December 31, 2009 which were used in all of the lines of business with in its pressure pumping segment.
Oil and Natural Gas Interests
The company engages in the development, exploration, acquisition, and production of oil and natural gas. The company owns and invests in oil and natural gas assets as a working interest owner. The companys oil and natural gas interests are located primarily in producing regions of Texas and New Mexico.
The company exited the drilling and completion fluids services business on January 20, 2010 and sold all of the assets. Prior to January 20, 2010, the company provided drilling fluids, completion fluids and related services to oil and natural gas operators offshore in the Gulf of Mexico and on land in Texas, New Mexico, Oklahoma and Louisiana.
The customers of each of its oil and natural gas service business segments are oil and natural gas operators. The companys customer base includes both major and independent oil and natural gas operators.
Patterson-UTI Energy, Inc. was founded in 1978.
The above Company Fundamental Report is a half-ready report and contents are subject to change.
It means that we have all necessary data in our database to prepare the report but need 2-3 days to complete it. During this time we are also updating the report with respect to the current moment. So, you can get all the most recent data available for the same price. Please note that preparation of additional types of analyses requires extra time.
1. PATTERSON-UTI ENERGY INC. COMPANY PROFILE
1.1. Key facts
1.2. Financial Performance
1.3. Key Executives
1.4. Ownership and Major Holders
1.5. Company History
2. PATTERSON-UTI ENERGY INC. BUSINESS OVERVIEW
2.1. Business Description
2.2. Major Products and Services
2.3. Markets and Sales Activities
2.4. Locations, Subsidiaries, Operating Units
3. PATTERSON-UTI ENERGY INC. SWOT ANALYSIS
4. PATTERSON-UTI ENERGY INC. FINANCIAL ANALYSIS
4.1. Financial Statements
4.1.1. Income Statement
4.1.2. Balance Sheet
4.1.3. Cash Flow
4.2. Financial Ratios
4.2.2. Margin Analysis
4.2.3. Asset Turnover
4.2.4. Credit Ratios
4.2.5. Long-Term Solvency
4.2.6. Growth Over Prior Year
4.2.7. Financial Ratios Charts
4.3. Stock Market Snapshot
5. PATTERSON-UTI ENERGY INC. COMPETITORS AND INDUSTRY ANALYSIS
5.1. Patterson-UTI Energy Inc. Direct Competitors
5.2. Comparison of Patterson-UTI Energy Inc. and Direct Competitors Financial Ratios
5.3. Comparison of Patterson-UTI Energy Inc. and Direct Competitors Stock Charts
5.4. Patterson-UTI Energy Inc. Industry Analysis
5.4.1. Energy Industry Snapshot
5.4.2. Patterson-UTI Energy Inc. Industry Position Analysis
6. PATTERSON-UTI ENERGY INC. NEWS & EVENTS
6.1. News & PR Activity Analysis
6.2. IR Corporate News
6.3. Marketing News
6.4. Corporate Events
7. PATTERSON-UTI ENERGY INC. EXPERTS REVIEW1
7.1. Experts Opinion
7.2. Experts Estimates
8. PATTERSON-UTI ENERGY INC. ENHANCED SWOT ANALYSIS2
9. UNITED STATES PESTEL ANALYSIS2
9.1. Political Factors
9.2. Economic Factors
9.3. Social Factors
9.4. Technological Factors
9.5. Environmental Factors
9.6. Legal Factors
10. PATTERSON-UTI ENERGY INC. IFE, EFE, IE MATRICES2
10.1. Internal Factor Evaluation Matrix
10.2. External Factor Evaluation Matrix
10.3. Internal External Matrix
11. PATTERSON-UTI ENERGY INC. PORTER FIVE FORCES ANALYSIS2
12. PATTERSON-UTI ENERGY INC. VRIO ANALYSIS2
APPENDIX: RATIO DEFINITIONS
LIST OF TABLES
Patterson-UTI Energy Inc. Key Facts
Income Statement Key Figures
Balance Sheet Key Figures
Cash Flow Statement Key Figures
Financial Performance Abbreviation Guide
Patterson-UTI Energy Inc. Key Executives
Key Executives Biographies1
Key Executives Compensations1
Patterson-UTI Energy Inc. Major Shareholders
Patterson-UTI Energy Inc. History
Patterson-UTI Energy Inc. Products
Revenues by Segment
Revenues by Region
Patterson-UTI Energy Inc. Offices and Representations
Patterson-UTI Energy Inc. SWOT Analysis
Yearly Income Statement Including Trends
Income Statement Latest 4 Quarters Including Trends
Yearly Balance Sheet Including Trends
Balance Sheet Latest 4 Quarters Including Trends
Yearly Cash Flow Including Trends
Cash Flow Latest 4 Quarters Including Trends
Patterson-UTI Energy Inc. Profitability Ratios
Margin Analysis Ratios
Asset Turnover Ratios
Long-Term Solvency Ratios
Financial Ratios Growth Over Prior Year
Patterson-UTI Energy Inc. Capital Market Snapshot
Patterson-UTI Energy Inc. Direct Competitors Key Facts
Direct Competitors Profitability Ratios
Direct Competitors Margin Analysis Ratios
Direct Competitors Asset Turnover Ratios
Direct Competitors Credit Ratios
Direct Competitors Long-Term Solvency Ratios
Energy Industry Statistics
Patterson-UTI Energy Inc. Industry Position
Company vs. Industry Income Statement Analysis
Company vs. Industry Balance Sheet Analysis
Company vs. Industry Cash Flow Analysis
Company vs. Industry Ratios Comparison
Patterson-UTI Energy Inc. Consensus Recommendations1
Analyst Recommendation Summary1
Price Target Summary1
Experts Recommendation Trends1
Revenue Estimates Analysis1
Earnings Estimates Analysis1
Revenue Estimates Trend1
Earnings Estimates Trend1
LIST OF FIGURES
Patterson-UTI Energy Inc. Annual Revenues in Comparison with Cost of Goods Sold and Gross Profit
Profit Margin Chart
Operating Margin Chart
Return on Equity (ROE) Chart
Return on Assets (ROA) Chart
Debt to Equity Chart
Current Ratio Chart
Patterson-UTI Energy Inc. 1-year Stock Charts
Patterson-UTI Energy Inc. 5-year Stock Charts
Patterson-UTI Energy Inc. vs. Main Indexes 1-year Stock Chart
Patterson-UTI Energy Inc. vs. Direct Competitors 1-year Stock Charts
Patterson-UTI Energy Inc. Article Density Chart
1 – Data availability depends on company’s security policy.
2 – These sections are available only when you purchase a report with appropriate additional types of analyses.
The complete financial data is available for publicly traded companies.
SWOT, which stands for Strengths, Weaknesses, Opportunities and Threats, is an analytical framework that identifies the internal and external factors that are favorable and unfavorable for a company.
Enhanced SWOT Analysis
Enhanced SWOT is a 3×3 grid that arranges strengths, weaknesses, opportunities and threats into one scheme:
- How to use the strengths to take advantage of the opportunities?
- How to use the strengths to reduce likelihood and impact of the threats?
- How to overcome the weaknesses that obstruct taking advantage of the opportunities?
- How to overcome the weaknesses that can make the threats a reality?
Upon answering these questions a company can develop a project plan to improve its business performance.
PESTEL (also termed as PESTLE) is an ideal tool to strategically analyze what influence different outside factors – political, economic, sociocultural, technological, environmental and legal – exert on a business to later chart its long term targets.
Being part of the external analysis when carrying out a strategic assessment or performing a market study, PESTEL gives an overview of diverse macro-environmental factors that any company should thoughtfully consider. By perceiving these outside environments, businesses can maximally benefit from the opportunities while minimizing the threats to the organization.
Key Factors Examined by PESTEL Analysis:
- Political – What opportunities and pressures are brought by political bodies and what is the degree of public regulations’ impact on the business?
- Economic – What economic policies, trends and structures are expected to affect the organization, what is this influence’s degree?
- Sociological – What cultural and societal aspects will work upon the demand for the business’s products and operations?
- Technological – What impact do the technological aspects, innovations, incentives and barriers have on the organization?
- Environmental – What environmental and ecological facets, both locally and farther afield, are likely to predetermine the business?
- Legal – What laws and legislation will exert influence on the style the business is carried out?
IFE, EFE, IE Matrices
The Internal Factor Evaluation matrix (IFE matrix) is a strategic management tool helping audit or evaluate major weaknesses and strengths in a business’s functional areas. In addition, IFE matrix serves as a basis for identifying and assessing relationships amongst those areas. The IFE matrix is utilised in strategy formulation.
The External Factor Evaluation matrix (EFE matrix) is a tool of strategic management that is typically utilised to assess current market conditions. It is an ideal instrument for visualising and prioritising the threats and opportunities a firm is facing.
The essential difference between the above mentioned matrices lies in the type of factors incorporated in the model; whilst the latter is engaged in internal factors, the former deals exceptionally with external factors – those exposed to social, political, economic, legal, etc. external forces.
Being a continuation of the EFE matrix and IFE matrix models, the Internal External matrix (IE matrix) rests upon an investigation of external and internal business factors integrated into one suggestive model.
Porter Five Forces Analysis
The Porter’s five forces analysis studies the industry of operation and helps the company find new sources of competitive advantage. The analysis surveys an industry through five major questions:
- What composes a threat of substitute products and services?
- Is there a threat of new competitors entering the market?
- What is the intensity of competitive rivalry?
- How big is the bargaining power of buyers?
- How significant is the bargaining power of suppliers?
VRIO stands for Value, Rarity, Imitability, Organization. This analysis helps to evaluate all company’s resources and capabilities and bring them together into one aggregate table that includes:
- Tangible resources
- Intangible resources
- Innovation and Creativity
- Organizational capabilities
The result of the analysis gives a clear picture of company’s competitive and economic implications, answering the questions if the resources mentioned above are:
- Costly to imitate?
- Organized properly?