We do not publish a verdict for Patterson-UTI Energy Inc (PTEN) and Transocean Ltd (RIG) is slightly undervalued.
We publish an intrinsic value for RIG but not for PTEN, so the two cannot be ranked on price.
Values as of the 22 Sept 2026 close.
We do not publish a value for this company: there is no balance sheet on file to value what it owns.
Leak Score 0/100 on 1 of 12 signals
Discounting its cash flows at 8.6% (average of 2 methods) values the shares at $5.92; the price of $5.49 is 7% below that value, and 77% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | PTEN | RIG |
|---|---|---|
| Verdict | Not valued | Slightly undervalued |
| Price | $11.14 | $5.49 |
| Intrinsic value | — | $5.92 |
| Margin of safety | — | +7% |
| Leak Score | 0/100 (1/12) | 0/100 (2/12) |
| Market cap | $4.2B | $6.1B |
| Revenue growth, 5 years | 33.8% | 4.7% |
| Operating margin | -0.7% | 22.6% |
| Net margin | -1.9% | -40.2% |
| Return on equity | -2.8% | -18.7% |
| Debt to equity | 0.41 | 0.61 |
| Forward P/E | 40.4x | 19.8x |
| P/B | 1.4x | 0.7x |
| Dividend yield | 3.6% | — |