NBR
Price
$87.89
Change
+$3.11 (+3.67%)
Updated
Mar 27, 6:59 PM EST
28 days until earnings call
PTEN
Price
$12.05
Change
+$0.36 (+3.08%)
Updated
Mar 27, 6:59 PM EST
28 days until earnings call
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Compare predictions NBR vs PTEN

Header iconNBR vs PTEN Comparison
Open Charts NBR vs PTENBanner chart's image
Nabors Industries
Price$87.89
Change+$3.11 (+3.67%)
Volume$45.72K
CapitalizationN/A
Patterson-UTI Energy
Price$12.05
Change+$0.36 (+3.08%)
Volume$2.72M
CapitalizationN/A
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NBR vs PTEN Comparison Chart

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NBRDaily Signal changed days agoGain/Loss if shorted
 
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PTENDaily Signal changed days agoGain/Loss if shorted
 
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VS
NBR vs. PTEN commentary
Mar 28, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is NBR is a Hold and PTEN is a Hold.

COMPARISON
Comparison
Mar 28, 2024
Stock price -- (NBR: $87.96 vs. PTEN: $12.05)
Brand notoriety: NBR and PTEN are both not notable
Both companies represent the Contract Drilling industry
Current volume relative to the 65-day Moving Average: NBR: 67% vs. PTEN: 74%
Market capitalization -- NBR: $833.16M vs. PTEN: $4.92B
NBR [@Contract Drilling] is valued at $833.16M. PTEN’s [@Contract Drilling] market capitalization is $4.92B. The market cap for tickers in the [@Contract Drilling] industry ranges from $6.87B to $0. The average market capitalization across the [@Contract Drilling] industry is $1.84B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

NBR’s FA Score shows that 0 FA rating(s) are green whilePTEN’s FA Score has 0 green FA rating(s).

  • NBR’s FA Score: 0 green, 5 red.
  • PTEN’s FA Score: 0 green, 5 red.
According to our system of comparison, PTEN is a better buy in the long-term than NBR.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

NBR’s TA Score shows that 5 TA indicator(s) are bullish while PTEN’s TA Score has 3 bullish TA indicator(s).

  • NBR’s TA Score: 5 bullish, 4 bearish.
  • PTEN’s TA Score: 3 bullish, 4 bearish.
According to our system of comparison, NBR is a better buy in the short-term than PTEN.

Price Growth

NBR (@Contract Drilling) experienced а -0.67% price change this week, while PTEN (@Contract Drilling) price change was +2.73% for the same time period.

The average weekly price growth across all stocks in the @Contract Drilling industry was -0.04%. For the same industry, the average monthly price growth was +5.21%, and the average quarterly price growth was -9.15%.

Reported Earning Dates

NBR is expected to report earnings on Apr 24, 2024.

PTEN is expected to report earnings on Apr 25, 2024.

Industries' Descriptions

@Contract Drilling (-0.04% weekly)

The contract drilling industry includes companies that provide onshore and offshore drilling services to the energy sector. Services are delivered on a contractual or per-fee basis. Customers of this industry include major and independent oil and gas companies. Strong oil demand could potentially boost contract fees. Helmerich & Payne, Inc., Transocean Ltd and Patterson-UTI Energy, Inc. are among the major drilling companies in the U.S.

SUMMARIES
A.I.dvisor published
a Summary for NBR with price predictions.
OPEN
A.I.dvisor published
a Summary for PTEN with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
PTEN($4.92B) has a higher market cap than NBR($833M). PTEN YTD gains are higher at: 12.348 vs. NBR (7.755). PTEN has higher annual earnings (EBITDA): 1.09B vs. NBR (960M). NBR has more cash in the bank: 1.07B vs. PTEN (190M). PTEN has less debt than NBR: PTEN (1.35B) vs NBR (3.15B). PTEN has higher revenues than NBR: PTEN (4.15B) vs NBR (3.01B).
NBRPTENNBR / PTEN
Capitalization833M4.92B17%
EBITDA960M1.09B88%
Gain YTD7.75512.34863%
P/E RatioN/A13.69-
Revenue3.01B4.15B73%
Total Cash1.07B190M563%
Total Debt3.15B1.35B234%
FUNDAMENTALS RATINGS
NBR vs PTEN: Fundamental Ratings
NBR
PTEN
OUTLOOK RATING
1..100
2711
VALUATION
overvalued / fair valued / undervalued
1..100
75
Overvalued
35
Fair valued
PROFIT vs RISK RATING
1..100
10097
SMR RATING
1..100
9480
PRICE GROWTH RATING
1..100
5053
P/E GROWTH RATING
1..100
10080
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

PTEN's Valuation (35) in the Contract Drilling industry is somewhat better than the same rating for NBR (75). This means that PTEN’s stock grew somewhat faster than NBR’s over the last 12 months.

PTEN's Profit vs Risk Rating (97) in the Contract Drilling industry is in the same range as NBR (100). This means that PTEN’s stock grew similarly to NBR’s over the last 12 months.

PTEN's SMR Rating (80) in the Contract Drilling industry is in the same range as NBR (94). This means that PTEN’s stock grew similarly to NBR’s over the last 12 months.

NBR's Price Growth Rating (50) in the Contract Drilling industry is in the same range as PTEN (53). This means that NBR’s stock grew similarly to PTEN’s over the last 12 months.

PTEN's P/E Growth Rating (80) in the Contract Drilling industry is in the same range as NBR (100). This means that PTEN’s stock grew similarly to NBR’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
NBRPTEN
RSI
ODDS (%)
N/A
N/A
Stochastic
ODDS (%)
Bearish Trend 1 day ago
84%
Bearish Trend 1 day ago
82%
Momentum
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
84%
MACD
ODDS (%)
Bearish Trend 1 day ago
85%
Bearish Trend 1 day ago
83%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
85%
Bullish Trend 1 day ago
79%
TrendMonth
ODDS (%)
Bullish Trend 1 day ago
81%
Bullish Trend 1 day ago
78%
Advances
ODDS (%)
Bullish Trend 13 days ago
80%
Bullish Trend 9 days ago
78%
Declines
ODDS (%)
Bearish Trend 23 days ago
83%
Bearish Trend 15 days ago
81%
BollingerBands
ODDS (%)
Bearish Trend 1 day ago
84%
Bearish Trend 1 day ago
75%
Aroon
ODDS (%)
Bullish Trend 1 day ago
70%
Bullish Trend 1 day ago
69%
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NBRDaily Signal changed days agoGain/Loss if shorted
 
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PTENDaily Signal changed days agoGain/Loss if shorted
 
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NBR and

Correlation & Price change

A.I.dvisor indicates that over the last year, NBR has been closely correlated with HP. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if NBR jumps, then HP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NBR
1D Price
Change %
NBR100%
+3.82%
HP - NBR
86%
Closely correlated
+2.13%
PTEN - NBR
80%
Closely correlated
+3.08%
PDS - NBR
71%
Closely correlated
+1.49%
RIG - NBR
61%
Loosely correlated
+2.12%
BORR - NBR
59%
Loosely correlated
+3.38%
More

PTEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, PTEN has been closely correlated with NBR. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTEN jumps, then NBR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTEN
1D Price
Change %
PTEN100%
+3.08%
NBR - PTEN
83%
Closely correlated
+3.82%
HP - PTEN
83%
Closely correlated
+2.13%
PDS - PTEN
70%
Closely correlated
+1.49%
DO - PTEN
58%
Loosely correlated
+2.28%
RIG - PTEN
53%
Loosely correlated
+2.12%
More