California Resources (CRC) vs Patterson-UTI Energy (PTEN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Patterson-UTI Energy (PTEN) has outperformed California Resources (CRC) over the past year, gaining 89.4% versus a loss of 2.9%. Over five years, PTEN leads with a +23.7% price change compared with +22.5% for CRC. California Resources is the larger company by market cap ($4.62 billion vs $4.28 billion), about 1.1 times the size.
On valuation, California Resources trades at a lower forward P/E (12.6x vs 32.0x for Patterson-UTI Energy). Patterson-UTI Energy offers the higher dividend yield (3.21% vs 3.08%). California Resources converts more of its revenue into profit, with a net margin of 9.9% versus -1.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CRC | PTEN |
|---|---|---|
| Share price | $52.06 | $11.23 |
| Market cap | $4.62B | $4.28B |
| 1-day change | -0.78% | -1.58% |
| YTD return | +16.44% | +83.80% |
| 1-year return | -2.89% | +89.38% |
| 5-year return | +22.52% | +23.68% |
| Forward P/E | 12.57 | 31.99 |
| EPS (TTM) | $-1.29 | $-0.24 |
| Dividend yield | 3.08% | 3.21% |
| Annual dividend | $1.60 | $0.36 |
| Revenue (latest FY) | $3.67B | $4.83B |
| Revenue growth (YoY) | +14.73% | -10.25% |
| Net income (latest FY) | $363.00M | $-93.64M |
| Operating margin | 16.30% | -0.85% |
| Net margin | 9.89% | -1.94% |
| 52-week high | $71.98 | $13.39 |
| 52-week low | $43.25 | $5.24 |
| Distance from 52-week high | -27.67% | -16.13% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +46.62% | +24.04% |
| Average volume | 835.43K | 8.32M |
| Shares outstanding | 88.82M | 381.38M |
| Employees | 2,500 | 7,900 |
| Sector | Energy | Energy |
| Industry | Oil & Gas Production | Oil & Gas Production |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- PTEN has outperformed CRC by 92.3 percentage points over the past year.
- California Resources is more profitable, keeping 9.9 cents of every revenue dollar as net income versus -1.9 cents for Patterson-UTI Energy.
- California Resources grew revenue faster in its latest fiscal year (+14.73% vs -10.25%).
About California Resources
CRC stock →California Resources Corporation operates as an independent energy and carbon management company in the United States. The company operates in two segments, Oil and Natural Gas, and Carbon Management.
Energy · Oil & Gas Production · 2,500 employees
About Patterson-UTI Energy
PTEN stock →Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products.
Energy · Oil & Gas Production · 7,900 employees
CRC vs PTEN FAQ
Which is bigger, California Resources or Patterson-UTI Energy?
California Resources (CRC) is larger, with a market capitalization of $4.62B compared with $4.28B for Patterson-UTI Energy (PTEN).
Which stock has performed better over the past year, CRC or PTEN?
PTEN returned +89.38% over the past 12 months, compared with -2.89% for CRC (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, California Resources or Patterson-UTI Energy?
Patterson-UTI Energy has the higher yield at 3.21%, compared with 3.08% for California Resources.
Are California Resources and Patterson-UTI Energy in the same industry?
Yes. Both are classified in the Oil & Gas Production industry within the Energy sector.