Oil & Gas Drilling
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BORR vs PTEN vs HP vs NBR
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Drilling
Oil & Gas Drilling
Oil & Gas Drilling
BORR vs PTEN vs HP vs NBR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||||
|---|---|---|---|---|
| Industry | Oil & Gas Drilling | Oil & Gas Drilling | Oil & Gas Drilling | Oil & Gas Drilling |
| Market Cap | $1.43B | $4.33B | $3.68B | $1.54B |
| Revenue (TTM) | $1.02B | $4.66B | $4.00B | $3.18B |
| Net Income (TTM) | $75M | $-119M | $-376M | $263M |
| Gross Margin | 73.2% | 8.8% | 11.3% | 25.0% |
| Operating Margin | 34.7% | -1.6% | -1.8% | 13.8% |
| Forward P/E | 34.4x | — | — | 5.6x |
| Total Debt | $2.15B | $1.28B | $2.32B | $2.57B |
| Cash & Equiv. | $381M | $421M | $224M | $941M |
BORR vs PTEN vs HP vs NBR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Borr Drilling Limit… (BORR) | 100 | 471.8 | +371.8% |
| Patterson-UTI Energ… (PTEN) | 100 | 309.2 | +209.2% |
| Helmerich & Payne, … (HP) | 100 | 183.3 | +83.3% |
| Nabors Industries L… (NBR) | 100 | 260.4 | +160.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: BORR vs PTEN vs HP vs NBR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
BORR lags the leaders in this set but could rank higher in a more targeted comparison.
PTEN is the #2 pick in this set and the best alternative if income & stability and sleep-well-at-night is your priority.
- Dividend streak 1 yrs, beta 0.59, yield 2.8%
- Lower volatility, beta 0.59, Low D/E 39.7%, current ratio 1.64x
- Beta 0.59, yield 2.8%, current ratio 1.64x
- Beta 0.59 vs BORR's 1.55, lower leverage
HP is the clearest fit if your priority is long-term compounding.
- -3.5% 10Y total return vs PTEN's -22.1%
- 35.9% revenue growth vs PTEN's -10.3%
NBR carries the broadest edge in this set and is the clearest fit for growth exposure.
- Rev growth 8.7%, EPS growth 176.7%, 3Y rev CAGR 6.3%
- Better valuation composite
- 8.3% margin vs HP's -9.4%
- +273.7% vs HP's +99.5%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs PTEN's -10.3% | |
| Value | Better valuation composite | |
| Quality / Margins | 8.3% margin vs HP's -9.4% | |
| Stability / Safety | Beta 0.59 vs BORR's 1.55, lower leverage | |
| Dividends | 2.8% yield, 1-year raise streak, vs BORR's 0.3% | |
| Momentum (1Y) | +273.7% vs HP's +99.5% | |
| Efficiency (ROA) | 5.3% ROA vs HP's -5.7%, ROIC 6.2% vs 3.7% |
BORR vs PTEN vs HP vs NBR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
BORR vs PTEN vs HP vs NBR — Financial Metrics
Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.
Who Leads Where
NBR leads in 2 of 6 categories
BORR leads 1 • HP leads 1 • PTEN leads 1 • 1 tied
Explore the data ↓Income & Cash Flow (Last 12 Months)
BORR leads this category, winning 4 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
PTEN is the larger business by revenue, generating $4.7B annually — 4.6x BORR's $1.0B. NBR is the more profitable business, keeping 8.3% of every revenue dollar as net income compared to HP's -9.4%. On growth, BORR holds the edge at +14.7% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||||
|---|---|---|---|---|
| RevenueTrailing 12 months | $1.0B | $4.7B | $4.0B | $3.2B |
| EBITDAEarnings before interest/tax | $502M | $851M | $657M | $1.1B |
| Net IncomeAfter-tax profit | $75M | -$119M | -$376M | $263M |
| Free Cash FlowCash after capex | -$58M | $273M | $256M | -$23M |
| Gross MarginGross profit ÷ Revenue | +73.2% | +8.8% | +11.3% | +25.0% |
| Operating MarginEBIT ÷ Revenue | +34.7% | -1.6% | -1.8% | +13.8% |
| Net MarginNet income ÷ Revenue | +7.3% | -2.6% | -9.4% | +8.3% |
| FCF MarginFCF ÷ Revenue | -5.7% | +5.9% | +6.4% | -0.7% |
| Rev. Growth (YoY)Latest quarter vs prior year | +14.7% | -12.7% | -8.2% | +9.3% |
| EPS Growth (YoY)Latest quarter vs prior year | +159.3% | — | -47.8% | +102.5% |
Valuation Metrics
NBR leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
At 5.6x trailing earnings, NBR trades at a 84% valuation discount to BORR's 34.4x P/E. On an enterprise value basis, NBR's 3.5x EV/EBITDA is more attractive than BORR's 6.8x.
| Metric | ||||
|---|---|---|---|---|
| Market CapShares × price | $1.4B | $4.3B | $3.7B | $1.5B |
| Enterprise ValueMkt cap + debt − cash | $3.2B | $5.2B | $5.8B | $3.2B |
| Trailing P/EPrice ÷ TTM EPS | 34.41x | -47.54x | -22.23x | 5.62x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — | — | — |
| EV / EBITDAEnterprise value multiple | 6.82x | 5.67x | 6.74x | 3.47x |
| Price / SalesMarket cap ÷ Revenue | 1.40x | 0.90x | 0.98x | 0.48x |
| Price / BookPrice ÷ Book value/share | 1.27x | 1.36x | 1.29x | 0.97x |
| Price / FCFMarket cap ÷ FCF | 11.25x | 11.64x | 31.61x | — |
Profitability & Efficiency
NBR leads this category, winning 4 of 9 comparable metrics.
Profitability & Efficiency
NBR delivers a 17.8% return on equity — every $100 of shareholder capital generates $18 in annual profit, vs $-14 for HP. PTEN carries lower financial leverage with a 0.40x debt-to-equity ratio, signaling a more conservative balance sheet compared to NBR's 1.78x. On the Piotroski fundamental quality scale (0–9), NBR scores 7/9 vs HP's 3/9, reflecting strong financial health.
| Metric | ||||
|---|---|---|---|---|
| ROE (TTM)Return on equity | +6.6% | -3.7% | -13.6% | +17.8% |
| ROA (TTM)Return on assets | +2.1% | -2.2% | -5.7% | +5.3% |
| ROICReturn on invested capital | +8.0% | -0.4% | +3.7% | +6.2% |
| ROCEReturn on capital employed | +10.2% | -0.5% | +4.1% | +6.8% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 | 3 | 7 |
| Debt / EquityFinancial leverage | 1.76x | 0.40x | 0.82x | 1.78x |
| Net DebtTotal debt minus cash | $1.8B | $860M | $2.1B | $1.6B |
| Cash & Equiv.Liquid assets | $381M | $421M | $224M | $941M |
| Total DebtShort + long-term debt | $2.2B | $1.3B | $2.3B | $2.6B |
| Interest CoverageEBIT ÷ Interest expense | 1.41x | -0.96x | -1.92x | 3.07x |
Total Returns (Dividends Reinvested)
HP leads this category, winning 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in BORR five years ago would be worth $32,684 today (with dividends reinvested), compared to $9,746 for NBR. Over the past 12 months, NBR leads with a +273.7% total return vs HP's +99.5%. The 3-year compound annual growth rate (CAGR) favors HP at 8.9% vs BORR's -4.5% — a key indicator of consistent wealth creation.
| Metric | ||||
|---|---|---|---|---|
| YTD ReturnYear-to-date | +46.6% | +77.9% | +24.1% | +74.2% |
| 1-Year ReturnPast 12 months | +250.3% | +111.0% | +99.5% | +273.7% |
| 3-Year ReturnCumulative with dividends | -12.8% | +17.3% | +29.1% | +0.6% |
| 5-Year ReturnCumulative with dividends | +226.8% | +48.7% | +44.0% | -2.5% |
| 10-Year ReturnCumulative with dividends | -68.2% | -22.1% | -3.5% | -67.0% |
| CAGR (3Y)Annualised 3-year return | -4.5% | +5.5% | +8.9% | +0.2% |
Risk & Volatility
Evenly matched — BORR and PTEN each lead in 1 of 2 comparable metrics.
Risk & Volatility
PTEN is the less volatile stock with a 0.59 beta — it tends to amplify market swings less than BORR's 1.55 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. BORR currently trades 92.4% from its 52-week high vs HP's 88.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||||
|---|---|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.55x | 0.59x | 0.87x | 1.53x |
| 52-Week HighHighest price in past year | $6.33 | $12.62 | $41.68 | $105.80 |
| 52-Week LowLowest price in past year | $1.55 | $5.10 | $14.65 | $23.27 |
| % of 52W HighCurrent price vs 52-week peak | +92.4% | +90.4% | +88.5% | +91.2% |
| RSI (14)Momentum oscillator 0–100 | 56.9 | 55.4 | 60.7 | 62.3 |
| Avg Volume (50D)Average daily shares traded | 7.4M | 10.6M | 1.2M | 348K |
Analyst Outlook
PTEN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Analyst consensus: BORR as "Hold", PTEN as "Buy", HP as "Hold", NBR as "Hold". Consensus price targets imply -0.1% upside for HP (target: $37) vs -16.1% for NBR (target: $81). For income investors, PTEN offers the higher dividend yield at 2.80% vs BORR's 0.30%.
| Metric | ||||
|---|---|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy | Hold | Hold |
| Price TargetConsensus 12-month target | $5.70 | $11.00 | $36.86 | $81.00 |
| # AnalystsCovering analysts | 4 | 53 | 43 | 44 |
| Dividend YieldAnnual dividend ÷ price | +0.3% | +2.8% | +2.8% | +0.4% |
| Dividend StreakConsecutive years of raises | 0 | 1 | 0 | 1 |
| Dividend / ShareAnnual DPS | $0.02 | $0.32 | $1.01 | $0.42 |
| Buyback YieldShare repurchases ÷ mkt cap | +0.0% | +1.6% | 0.0% | 0.0% |
NBR leads in 2 of 6 categories (Valuation Metrics, Profitability & Efficiency). BORR leads in 1 (Income & Cash Flow). 1 tied.
BORR vs PTEN vs HP vs NBR: Key Questions Answered
9 questions · data-driven answers · updated daily
01Is BORR or PTEN or HP or NBR a better buy right now?
For growth investors, Helmerich & Payne, Inc.
(HP) is the stronger pick with 35. 9% revenue growth year-over-year, versus -10. 3% for Patterson-UTI Energy, Inc. (PTEN). Nabors Industries Ltd. (NBR) offers the better valuation at 5. 6x trailing P/E, making it the more compelling value choice. Analysts rate Patterson-UTI Energy, Inc. (PTEN) a "Buy" — based on 53 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — BORR or PTEN or HP or NBR?
On trailing P/E, Nabors Industries Ltd.
(NBR) is the cheapest at 5. 6x versus Borr Drilling Limited at 34. 4x.
03Which is the better long-term investment — BORR or PTEN or HP or NBR?
Over the past 5 years, Borr Drilling Limited (BORR) delivered a total return of +226.
8%, compared to -2. 5% for Nabors Industries Ltd. (NBR). Over 10 years, the gap is even starker: HP returned -3. 5% versus BORR's -68. 2%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — BORR or PTEN or HP or NBR?
By beta (market sensitivity over 5 years), Patterson-UTI Energy, Inc.
(PTEN) is the lower-risk stock at 0. 59β versus Borr Drilling Limited's 1. 55β — meaning BORR is approximately 162% more volatile than PTEN relative to the S&P 500. On balance sheet safety, Patterson-UTI Energy, Inc. (PTEN) carries a lower debt/equity ratio of 40% versus 178% for Nabors Industries Ltd. — giving it more financial flexibility in a downturn.
05Which is growing faster — BORR or PTEN or HP or NBR?
By revenue growth (latest reported year), Helmerich & Payne, Inc.
(HP) is pulling ahead at 35. 9% versus -10. 3% for Patterson-UTI Energy, Inc. (PTEN). On earnings-per-share growth, the picture is similar: Nabors Industries Ltd. grew EPS 176. 7% year-over-year, compared to -148. 4% for Helmerich & Payne, Inc.. Over a 3-year CAGR, BORR leads at 32. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — BORR or PTEN or HP or NBR?
Nabors Industries Ltd.
(NBR) is the more profitable company, earning 7. 8% net margin versus -4. 4% for Helmerich & Payne, Inc. — meaning it keeps 7. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BORR leads at 31. 5% versus -0. 5% for PTEN. At the gross margin level — before operating expenses — BORR leads at 36. 5%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — BORR or PTEN or HP or NBR?
All stocks in this comparison pay dividends.
Patterson-UTI Energy, Inc. (PTEN) offers the highest yield at 2. 8%, versus 0. 3% for Borr Drilling Limited (BORR).
08Is BORR or PTEN or HP or NBR better for a retirement portfolio?
For long-horizon retirement investors, Patterson-UTI Energy, Inc.
(PTEN) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 59), 2. 8% yield). Borr Drilling Limited (BORR) carries a higher beta of 1. 55 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (PTEN: -22. 1%, BORR: -68. 2%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between BORR and PTEN and HP and NBR?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: BORR is a small-cap quality compounder stock; PTEN is a small-cap quality compounder stock; HP is a small-cap high-growth stock; NBR is a small-cap deep-value stock. PTEN, HP pay a dividend while BORR, NBR do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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