Patterson-UTI Energy Inc. (PTEN) exhibits 45.0% gross margins and -0.8% return on invested capital within Energy (Oil & Gas Production), balanced against a 24.0x enterprise multiple and 4.8% implied options volatility.
Sustained 45.0% gross profitability converts into -0.9% operating margin and -0.8% ROIC, outpacing sector cost of capital.
ROIC: -0.8% // GM: 45.0%YoY revenue trajectory of -9.8% paired with 7.69% free cash flow yield supports self-funded R&D and capital return.
REV YOY: -9.8% // FCF YLD: 7.69%Altman Z-Score of 1.88 and Piotroski F-Score of 7/9 indicate low near-term refinancing stress.
ALTMAN Z: 1.88 // F-SCORE: 7/9Trading at 24.0x trailing P/E (28.0x Fwd P/E) leaves valuation vulnerable if real 10Y TIPS yields spike.
P/E: 24.0x // EV/EBITDA: —Options market prices a ±5.2% implied move with a 0.85 put/call ratio around $11.80 max pain.
IMPL MOVE: ±5.2% // P/C: 0.85Elevated industry capital intensity and customer concentration in Oil & Gas Production require continuous execution to defend -1.9% net margins.
NET MARGIN: -1.9% // D/E: 0.38x| FILER | SIDE | $ VALUE |
|---|---|---|
| INSPECT FULL OWNERSHIP LEDGER IN OWN <GO> | ||
| STRIKE / EXP | TYPE | PREMIUM |
|---|---|---|
| INSPECT GEX & CHAIN IN OPT <GO> | ||
Unblur the exact $50,000 delta-adjusted ETF/options hedge ratio for PTEN & activate live FRED threshold breach alerts.