Analysts foresee less earnings Patterson-UTI Energy

Tomorrow the American Patterson-UTI Energy Energy will report her results over the past quarter. For this year the consensus of the revenue equals 882 million dollars. This is rather significant lower than the revenue over 2015 of 1,89 billion dollars.

Historical revenues and results Patterson-UTI Energy Energy plus taxations 2016

The analysts expect for 2016 a net loss of 338 million dollars. For this year most of the analysts expect a loss per share of 2,34 dollars. Based on this the price/earnings-ratio equals -9,99.

Despite the expected loss the consensus is that the company will pay out dividends. For this year the consensus of the dividend per share equals 0,15 cents. The dividend yield consequently equals 0,64 percent. The average dividend of the offshore company equals 3,89 percent.

Based on the number of outstanding shares Patterson-UTI Energy Energy's market capitalization equals 3,44 billion dollars.

The stock closed last Tuesday at 23,37 dollars.

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