---
title: "研究警报：CFRA 维持对 Patterson-UTI Energy 公司股票的卖出评级"
type: "News"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/284918500.md"
description: "CFRA 对 Patterson-UTI Energy, Inc.维持卖出评级，将其 12 个月目标价从 6.50 美元上调至 9.50 美元。分析师认为该股票略显高估，预计 2026 年的每股运营亏损为 0.21 美元。该公司的交易价格约比其历史平均 EBITDA 高出 20%。虽然私营勘探与生产公司因原油价格上涨而增加支出，但预计公共勘探与生产公司至少在 2027 年之前不会跟随这一趋势"
datetime: "2026-05-01T15:45:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284918500.md)
  - [en](https://longbridge.com/en/news/284918500.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284918500.md)
---

# 研究警报：CFRA 维持对 Patterson-UTI Energy 公司股票的卖出评级

11:45 AM EDT, 05/01/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Our 12-month target price of $9.50, raised from $6.50, reflects a 4.8x multiple of enterprise value to projected '27 EBITDA, about in line with PTEN's historical forward average. Our DCF model, using a WACC of 7.7% and terminal growth of 2.0%, also finds shares to be slightly overvalued. We narrow our projected '26 operating loss per share by $0.13 to $0.21, and similarly, '27's by $0.27 to $0.02. Shares are trading about 20% above PTEN's historical forward average on EBITDA, and the bull case for the company rests on a near-term inflection point in its Completion Services segment (a segment that comprised 37% of Q1 2026 EBITDA before corporate expenses), in our view. To be fair, privately-held E&Ps do appear to be ramping up spending in response to the surge in crude oil prices, but we do not anticipate similar behavior from the public E&Ps until at least 2027, and possibly not to the degree that PTEN might hope.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### 相关股票

- [PTEN.US](https://longbridge.com/zh-CN/quote/PTEN.US.md)

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