What is Patterson Uti Energy Inc worth?
With the base-case assumptions below, a discounted cash flow model on Patterson Uti Energy Inc's reported free cash flow gives $29.37 per share. The share price was $10.91 on September 25, 2026, 63% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 10.0% | 10.0% | $16.79 | +54% |
| Base | 15.0% | 9.0% | $29.37 | +169% |
| Bull | 20.0% | 8.0% | $52.80 | +384% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $38.90 | $41.87 | $45.50 | $50.04 | $55.88 |
| 8.0% | $31.74 | $33.67 | $35.95 | $38.68 | $42.02 |
| 9.0% | $26.54 | $27.85 | $29.37 | $31.15 | $33.24 |
| 10.0% | $22.59 | $23.52 | $24.59 | $25.80 | $27.20 |
| 11.0% | $19.50 | $20.19 | $20.95 | $21.82 | $22.79 |
Where the presets come from
Base: years 1 to 5 grow at Patterson Uti Energy Inc's revenue growth rate over the last 5 fiscal years (33.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions