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PATTERSON-(NSDQ:PTEN)
Patterson is one of the leading providers of domestic land drillingservices 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.
# Employees: 6600
Address: 4510 Lamesa Highway,Snyder,TX,USA
Phone: 325-574-6300
Fax: 325-5746390
Website: www.patenergy.com
Email: investrelations@patenergy.com
Sector: Oils/Energy
Industry: OIL&GAS-DRILL
Executive Officers
Mark S. Siegel (Chmn.)
Douglas J. Wall (Presi.; C.E.O.)
John E. Vollmer III (Sr. V.P.; C.F.O.; Corp. Dev.; Treas.)
Kenneth N. Berns (Sr. V.P.; Dir.)
Charles O. Buckner (Dir.,)
Dividend
Ex-Dividend Date: 9/11/2009
Annual Dividend: $0.20
Current Dividend Yield: $1.34
Dividend Paid (3 months): $0.05
Indicated Dividend: $0.39
Earnings
Last Earnings Date: 9/30/2009
Next Earnings Date(Expected): 2/11/2010
Mean EPS (Next Qtr): ($0.11)
Mean EPS (Year): ($0.26)
Mean Estimate(Long Term): $8.00
P/E Ratio(Based on EPS estimate): -0.010
Number of Estimates: 20
Shares Performance
Period PTEN Compare to S&P
YTD 29.89 % 7.50 %
4 Weeks -12.06 % -13.01 %
12 Weeks 8.97 % 2.73 %
Shares Information
Analyst Coverage: Y
Avg Volume: 5699873
Shares Outstanding: 153M
Market Cap: $2.30B
52 Week High: $17.70
52 Week Low: $7.66
P/E Ratio: 29.310
PEG Ratio: -0.010
Split: On 7/1/2004 PTEN split by factor of 2.000
Earnings Performance
EPS Growth in Last Quarter: 0.00 %
EPS Growth in Last Year: -117.14 %
Sales Growth in Last Quarter: 9.58 %
Sales Growth in Last Quarter: -71.05 %
Financials
Qtr Book Value: $1.09
Cash Flow/Share: $3.59
Change in Payout Ratio: 0.230
Price/Sales: 1.910
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia