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Patterson-UTI Energy (Patterson-UTI Energy) 3-Year Revenue Growth Rate : 35.30% (As of Dec. 2023)


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What is Patterson-UTI Energy 3-Year Revenue Growth Rate?

Patterson-UTI Energy's Revenue per Share for the three months ended in Dec. 2023 was $3.80.

During the past 12 months, Patterson-UTI Energy's average Revenue per Share Growth Rate was 22.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 35.30% per year. During the past 10 years, the average Revenue per Share Growth Rate was -4.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.

During the past 13 years, the highest 3-Year average Revenue per Share Growth Rate of Patterson-UTI Energy was 51.70% per year. The lowest was -30.50% per year. And the median was 7.30% per year.


Competitive Comparison of Patterson-UTI Energy's 3-Year Revenue Growth Rate

For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's 3-Year Revenue Growth Rate, along with its competitors' market caps and 3-Year Revenue Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Patterson-UTI Energy's 3-Year Revenue Growth Rate Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's 3-Year Revenue Growth Rate distribution charts can be found below:

* The bar in red indicates where Patterson-UTI Energy's 3-Year Revenue Growth Rate falls into.



Patterson-UTI Energy 3-Year Revenue Growth Rate Calculation

This is the 3-year average growth rate of Revenue per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Revenue per Share growth rate.


Patterson-UTI Energy  (NAS:PTEN) 3-Year Revenue Growth Rate Explanation

Revenue per Share is the amount of Revenue per outstanding share of the company's stock.

Revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top. Revenue per share growth rate is used in calculating Predictability Rank, companies with more consistent revenue and earnings growth are ranked high with predictability.


Patterson-UTI Energy 3-Year Revenue Growth Rate Related Terms

Thank you for viewing the detailed overview of Patterson-UTI Energy's 3-Year Revenue Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Patterson-UTI Energy (Patterson-UTI Energy) Business Description

Traded in Other Exchanges
Address
10713 West Sam Houston Parkway North, Suite 800, Houston, TX, USA, 77064
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States and maintains moderately sized pressure-pumping operations primarily in Texas and the Appalachian region, plus some modest operations in Colombia. It also provides directional drilling services and tool rental services in most U.S. onshore oil and gas basins.
Executives
Tiffany Thom Cepak director C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Charles Andrew Smith officer: EVP & Chief Financial Officer 13627 COMELY LANE, HOUSTON TX 77079
Seth David Wexler officer: GENERAL COUNSEL AND SECRETARY 450 GEARS ROAD, SUITE 500, HOUSTON TX 77067
James Carl Stewart director 1800 POST OAK BLVD., SUITE 450, HOUSTON TX 77056
James Michael Holcomb officer: President-Drilling Subsidiary 450 GEARS ROAD, SUITE 500, HOUSTON TX 77067
Amy H Nelson director 2000 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Drummond Robert Wayne Jr director 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Leslie Ann Beyer director C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Gary M. Halverson director 1333 WEST LOOP SOUTH, SUITE 1700, HOUSTON TX 77027
Matthew Gillard officer: President-Completions 3990 ROGERDALE RD., HOUSTON TX 77042
Blackstone Management Associates Vii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Bcp Vii/bep Ii Holdings Manager L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Energy Management Associates Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154
Bep Diamond Aggregator L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Ema Ii L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154