Oklo stock tumbles as Financial Times scrutinizes valuation
Patterson-UTI Energy Inc. stock has reached a 52-week low, touching a price level of 5.12 USD. This milestone reflects a significant downturn in the company’s stock performance over the past year. The $1.97 billion market cap company maintains strong liquidity with a current ratio of 1.73, and offers investors a notable 6.02% dividend yield. According to InvestingPro analysis, the stock appears undervalued at current levels. Over the last 12 months, Patterson-UTI Energy Inc. has experienced a substantial decline, with its stock value dropping by 35.29%. The energy sector, often subject to fluctuations due to varying market conditions and geopolitical factors, has seen Patterson-UTI’s stock struggle to maintain its value. With annual revenue of $5.02 billion and a beta of 1.35, the company shows higher volatility than the broader market. This 52-week low underscores the challenges the company faces in navigating the current economic landscape. InvestingPro subscribers have access to 7 additional key insights and a comprehensive Pro Research Report that could help evaluate the investment opportunity.
In other recent news, Patterson-UTI Energy reported an average of 94 drilling rigs operating in the United States during August 2025, maintaining an average of 96 active rigs over the two-month period ending August 31, 2025. This follows their report of an average of 98 drilling rigs operating in July 2025. In terms of analyst ratings, Stifel reiterated its Buy rating on Patterson-UTI Energy, highlighting the company’s consistent progress in customer satisfaction metrics, particularly improvements in the Net Promoter Score (NPS) for NexTier, which is now part of Patterson-UTI following a merger. On the other hand, CFRA downgraded Patterson-UTI Energy from Hold to Sell, citing concerns about recent slippage in near-term contract coverage and challenges in the energy services sector. Additionally, Leslie Beyer, a board member of Patterson-UTI, has been confirmed by the U.S. Senate as Assistant Secretary for Land and Minerals Management at the U.S. Department of the Interior, leading to her resignation from the board. These developments reflect the dynamic environment in which Patterson-UTI Energy is operating.
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