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HP vs PTEN
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Drilling
HP vs PTEN — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Drilling | Oil & Gas Drilling |
| Market Cap | $3.98B | $4.40B |
| Revenue (TTM) | $4.09B | $4.66B |
| Net Income (TTM) | $-316M | $-119M |
| Gross Margin | 13.3% | 8.8% |
| Operating Margin | -0.5% | -1.6% |
| Total Debt | $2.32B | $1.28B |
| Cash & Equiv. | $224M | $421M |
HP vs PTEN — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Helmerich & Payne, … (HP) | 100 | 197.9 | +97.9% |
| Patterson-UTI Energ… (PTEN) | 100 | 313.8 | +213.8% |
Price return only. Dividends and distributions are not included.
Quick Verdict: HP vs PTEN
Each card shows where this stock fits in a portfolio — not just who wins on paper.
HP is the clearest fit if your priority is growth exposure and long-term compounding.
- Rev growth 35.9%, EPS growth -148.4%, 3Y rev CAGR 22.1%
- -2.5% 10Y total return vs PTEN's -24.6%
- 35.9% revenue growth vs PTEN's -10.3%
PTEN carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.
- 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
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs PTEN's -10.3% | |
| Value | Better valuation composite | |
| Quality / Margins | -2.6% margin vs HP's -7.7% | |
| Stability / Safety | Beta 0.59 vs HP's 0.87, lower leverage | |
| Dividends | 2.8% yield, 1-year raise streak, vs HP's 2.5% | |
| Momentum (1Y) | +115.2% vs HP's +112.5% | |
| Efficiency (ROA) | -2.2% ROA vs HP's -4.6%, ROIC -0.4% vs 3.7% |
HP vs PTEN — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
HP vs PTEN — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
HP leads this category, winning 3 of 5 comparable metrics.
Income & Cash Flow (Last 12 Months)
PTEN and HP operate at a comparable scale, with $4.7B and $4.1B in trailing revenue. PTEN is the more profitable business, keeping -2.6% of every revenue dollar as net income compared to HP's -7.7%. On growth, HP holds the edge at +50.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $4.1B | $4.7B |
| EBITDAEarnings before interest/tax | $689M | $851M |
| Net IncomeAfter-tax profit | -$316M | -$119M |
| Free Cash FlowCash after capex | $180M | $273M |
| Gross MarginGross profit ÷ Revenue | +13.3% | +8.8% |
| Operating MarginEBIT ÷ Revenue | -0.5% | -1.6% |
| Net MarginNet income ÷ Revenue | -7.7% | -2.6% |
| FCF MarginFCF ÷ Revenue | +4.4% | +5.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +50.2% | -12.7% |
| EPS Growth (YoY)Latest quarter vs prior year | -2.8% | — |
Valuation Metrics
PTEN leads this category, winning 5 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, PTEN's 5.7x EV/EBITDA is more attractive than HP's 7.1x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.0B | $4.4B |
| Enterprise ValueMkt cap + debt − cash | $6.1B | $5.3B |
| Trailing P/EPrice ÷ TTM EPS | -23.99x | -48.25x |
| Forward P/EPrice ÷ next-FY EPS est. | — | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 7.08x | 5.74x |
| Price / SalesMarket cap ÷ Revenue | 1.06x | 0.91x |
| Price / BookPrice ÷ Book value/share | 1.40x | 1.38x |
| Price / FCFMarket cap ÷ FCF | 34.11x | 11.81x |
Profitability & Efficiency
PTEN leads this category, winning 7 of 9 comparable metrics.
Profitability & Efficiency
PTEN delivers a -3.7% return on equity — every $100 of shareholder capital generates $-4 in annual profit, vs $-11 for HP. PTEN carries lower financial leverage with a 0.40x debt-to-equity ratio, signaling a more conservative balance sheet compared to HP's 0.82x. On the Piotroski fundamental quality scale (0–9), PTEN scores 5/9 vs HP's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -11.0% | -3.7% |
| ROA (TTM)Return on assets | -4.6% | -2.2% |
| ROICReturn on invested capital | +3.7% | -0.4% |
| ROCEReturn on capital employed | +4.1% | -0.5% |
| Piotroski ScoreFundamental quality 0–9 | 3 | 5 |
| Debt / EquityFinancial leverage | 0.82x | 0.40x |
| Net DebtTotal debt minus cash | $2.1B | $860M |
| Cash & Equiv.Liquid assets | $224M | $421M |
| Total DebtShort + long-term debt | $2.3B | $1.3B |
| Interest CoverageEBIT ÷ Interest expense | -1.11x | -0.96x |
Total Returns (Dividends Reinvested)
HP leads this category, winning 4 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in HP five years ago would be worth $16,356 today (with dividends reinvested), compared to $16,105 for PTEN. Over the past 12 months, PTEN leads with a +115.2% total return vs HP's +112.5%. The 3-year compound annual growth rate (CAGR) favors HP at 11.4% vs PTEN's 6.0% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +33.9% | +80.5% |
| 1-Year ReturnPast 12 months | +112.5% | +115.2% |
| 3-Year ReturnCumulative with dividends | +38.3% | +18.9% |
| 5-Year ReturnCumulative with dividends | +63.6% | +61.0% |
| 10-Year ReturnCumulative with dividends | -2.5% | -24.6% |
| CAGR (3Y)Annualised 3-year return | +11.4% | +6.0% |
Risk & Volatility
Evenly matched — HP 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 HP's 0.87 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. HP currently trades 95.6% from its 52-week high vs PTEN's 91.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.87x | 0.59x |
| 52-Week HighHighest price in past year | $41.68 | $12.62 |
| 52-Week LowLowest price in past year | $14.65 | $5.10 |
| % of 52W HighCurrent price vs 52-week peak | +95.6% | +91.8% |
| RSI (14)Momentum oscillator 0–100 | 71.8 | 66.6 |
| Avg Volume (50D)Average daily shares traded | 1.2M | 10.6M |
Analyst Outlook
PTEN leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates HP as "Hold" and PTEN as "Buy". Consensus price targets imply -5.0% upside for PTEN (target: $11) vs -7.5% for HP (target: $37). For income investors, PTEN offers the higher dividend yield at 2.76% vs HP's 2.55%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Buy |
| Price TargetConsensus 12-month target | $36.86 | $11.00 |
| # AnalystsCovering analysts | 43 | 53 |
| Dividend YieldAnnual dividend ÷ price | +2.5% | +2.8% |
| Dividend StreakConsecutive years of raises | 0 | 1 |
| Dividend / ShareAnnual DPS | $1.01 | $0.32 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +1.6% |
PTEN leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). HP leads in 2 (Income & Cash Flow, Total Returns). 1 tied.
HP vs PTEN: Frequently Asked Questions
8 questions · data-driven answers · updated daily
01Is HP or PTEN 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). 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 is the better long-term investment — HP or PTEN?
Over the past 5 years, Helmerich & Payne, Inc.
(HP) delivered a total return of +63. 6%, compared to +61. 0% for Patterson-UTI Energy, Inc. (PTEN). Over 10 years, the gap is even starker: HP returned -2. 5% versus PTEN's -24. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — HP or PTEN?
By beta (market sensitivity over 5 years), Patterson-UTI Energy, Inc.
(PTEN) is the lower-risk stock at 0. 59β versus Helmerich & Payne, Inc. 's 0. 87β — meaning HP is approximately 48% 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 82% for Helmerich & Payne, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — HP or PTEN?
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: Patterson-UTI Energy, Inc. grew EPS 90. 2% year-over-year, compared to -148. 4% for Helmerich & Payne, Inc.. Over a 3-year CAGR, PTEN leads at 22. 2% 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.
05Which has better profit margins — HP or PTEN?
Patterson-UTI Energy, Inc.
(PTEN) is the more profitable company, earning -1. 9% net margin versus -4. 4% for Helmerich & Payne, Inc. — meaning it keeps -1. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: HP leads at 6. 2% versus -0. 5% for PTEN. At the gross margin level — before operating expenses — HP leads at 14. 8%, 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.
06Which pays a better dividend — HP or PTEN?
All stocks in this comparison pay dividends.
Patterson-UTI Energy, Inc. (PTEN) offers the highest yield at 2. 8%, versus 2. 5% for Helmerich & Payne, Inc. (HP).
07Is HP or PTEN 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). Both have compounded well over 10 years (PTEN: -24. 6%, HP: -2. 5%), 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.
08What are the main differences between HP and PTEN?
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: HP is a small-cap high-growth stock; PTEN is a small-cap quality compounder stock. 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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