PTEN
Price
$8.55
Change
+$0.17 (+2.03%)
Updated
Apr 2, 04:59 PM (EDT)
Capitalization
4.8B
22 days until earnings call
RIG
Price
$3.15
Change
-$0.17 (-5.12%)
Updated
Apr 2, 04:59 PM (EDT)
Capitalization
5.15B
32 days until earnings call
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PTEN vs RIG

Header iconPTEN vs RIG Comparison
Open Charts PTEN vs RIGBanner chart's image
Patterson-UTI Energy
Price$8.55
Change+$0.17 (+2.03%)
Volume$82.35K
Capitalization4.8B
Transocean
Price$3.15
Change-$0.17 (-5.12%)
Volume$268.88K
Capitalization5.15B
PTEN vs RIG Comparison Chart
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PTEN
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
RIG
Daily Signalchanged days ago
Gain/Loss if bought
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VS
PTEN vs. RIG commentary
Apr 03, 2025

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 PTEN is a StrongBuy and RIG is a Hold.

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COMPARISON
Comparison
Apr 03, 2025
Stock price -- (PTEN: $8.38 vs. RIG: $3.16)
Brand notoriety: PTEN: Not notable vs. RIG: Notable
Both companies represent the Contract Drilling industry
Current volume relative to the 65-day Moving Average: PTEN: 50% vs. RIG: 175%
Market capitalization -- PTEN: $4.8B vs. RIG: $5.15B
PTEN [@Contract Drilling] is valued at $4.8B. RIG’s [@Contract Drilling] market capitalization is $5.15B. The market cap for tickers in the [@Contract Drilling] industry ranges from $6.82B to $0. The average market capitalization across the [@Contract Drilling] industry is $1.88B.

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).

PTEN’s FA Score shows that 1 FA rating(s) are green whileRIG’s FA Score has 0 green FA rating(s).

  • PTEN’s FA Score: 1 green, 4 red.
  • RIG’s FA Score: 0 green, 5 red.
According to our system of comparison, PTEN is a better buy in the long-term than RIG.

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.

PTEN’s TA Score shows that 6 TA indicator(s) are bullish while RIG’s TA Score has 5 bullish TA indicator(s).

  • PTEN’s TA Score: 6 bullish, 4 bearish.
  • RIG’s TA Score: 5 bullish, 3 bearish.
According to our system of comparison, both PTEN and RIG are a good buy in the short-term.

Price Growth

PTEN (@Contract Drilling) experienced а -1.30% price change this week, while RIG (@Contract Drilling) price change was -1.86% for the same time period.

The average weekly price growth across all stocks in the @Contract Drilling industry was -0.79%. For the same industry, the average monthly price growth was +1.27%, and the average quarterly price growth was -19.38%.

Reported Earning Dates

PTEN is expected to report earnings on Apr 24, 2025.

RIG is expected to report earnings on May 05, 2025.

Industries' Descriptions

@Contract Drilling (-0.79% 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
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FUNDAMENTALS
Fundamentals
RIG($5.15B) has a higher market cap than PTEN($4.8B). RIG has higher P/E ratio than PTEN: RIG (18.80) vs PTEN (13.35). PTEN YTD gains are higher at: 2.439 vs. RIG (-15.733). PTEN has higher annual earnings (EBITDA): 1.09B vs. RIG (501M). RIG has more cash in the bank: 762M vs. PTEN (190M). PTEN has less debt than RIG: PTEN (1.35B) vs RIG (7.85B). PTEN has higher revenues than RIG: PTEN (4.15B) vs RIG (2.83B).
PTENRIGPTEN / RIG
Capitalization4.8B5.15B93%
EBITDA1.09B501M218%
Gain YTD2.439-15.733-16%
P/E Ratio13.3518.8071%
Revenue4.15B2.83B146%
Total Cash190M762M25%
Total Debt1.35B7.85B17%
FUNDAMENTALS RATINGS
PTEN vs RIG: Fundamental Ratings
PTEN
RIG
OUTLOOK RATING
1..100
1114
VALUATION
overvalued / fair valued / undervalued
1..100
86
Overvalued
62
Fair valued
PROFIT vs RISK RATING
1..100
6383
SMR RATING
1..100
9592
PRICE GROWTH RATING
1..100
5763
P/E GROWTH RATING
1..100
286
SEASONALITY SCORE
1..100
5n/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.

RIG's Valuation (62) in the Contract Drilling industry is in the same range as PTEN (86). This means that RIG’s stock grew similarly to PTEN’s over the last 12 months.

PTEN's Profit vs Risk Rating (63) in the Contract Drilling industry is in the same range as RIG (83). This means that PTEN’s stock grew similarly to RIG’s over the last 12 months.

RIG's SMR Rating (92) in the Contract Drilling industry is in the same range as PTEN (95). This means that RIG’s stock grew similarly to PTEN’s over the last 12 months.

PTEN's Price Growth Rating (57) in the Contract Drilling industry is in the same range as RIG (63). This means that PTEN’s stock grew similarly to RIG’s over the last 12 months.

PTEN's P/E Growth Rating (2) in the Contract Drilling industry is significantly better than the same rating for RIG (86). This means that PTEN’s stock grew significantly faster than RIG’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
PTENRIG
RSI
ODDS (%)
Bullish Trend 2 days ago
90%
Bullish Trend 2 days ago
89%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
82%
Bearish Trend 2 days ago
90%
Momentum
ODDS (%)
Bullish Trend 2 days ago
85%
Bullish Trend 2 days ago
81%
MACD
ODDS (%)
Bullish Trend 2 days ago
74%
Bullish Trend 2 days ago
86%
TrendWeek
ODDS (%)
Bearish Trend 2 days ago
82%
Bullish Trend 2 days ago
81%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
78%
Bullish Trend 2 days ago
79%
Advances
ODDS (%)
Bullish Trend 2 days ago
78%
Bullish Trend 7 days ago
81%
Declines
ODDS (%)
Bearish Trend 6 days ago
81%
Bearish Trend 3 days ago
82%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
82%
Bullish Trend 2 days ago
77%
Aroon
ODDS (%)
Bearish Trend 2 days ago
89%
Bearish Trend 2 days ago
89%
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PTEN
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
RIG
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
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PTEN and

Correlation & Price change

A.I.dvisor indicates that over the last year, PTEN has been closely correlated with NE. These tickers have moved in lockstep 70% of the time. This A.I.-generated data suggests there is a high statistical probability that if PTEN jumps, then NE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PTEN
1D Price
Change %
PTEN100%
+1.95%
NE - PTEN
70%
Closely correlated
+3.21%
NBR - PTEN
69%
Closely correlated
+1.22%
HP - PTEN
69%
Closely correlated
+1.45%
PDS - PTEN
66%
Loosely correlated
+2.49%
RIG - PTEN
64%
Loosely correlated
+4.73%
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