Both in Oil & Gas Extraction

Patterson-UTI Energy vs California Resources

Over the past year PTEN returned +83.6% and CRC returned +8.9%; their daily moves had a correlation of 0.62.

PTEN +83.6% CRC +8.9%Growth of $1, one year, split-adjusted
MetricPTENCRC
Price$11.75$51.38
Market cap$4.48B$4.56B
Today−0.42%−2.21%
1 month+1.7%−3.1%
6 months−5.3%−26.7%
Year to date+92.3%+14.9%
1 year+87.4%+8.9%
Revenue growth (YoY)+14.1%+33.0%
Gross margin25.1%63.2%
Net margin2.1%47.1%
P/E (TTM)——
Price / sales0.9×1.3×
Net cash-$901.5M-$1.23B
Dividend yield3.40%3.15%
Volatility (60d)48.5%26.5%
Short % of float7.3%6.1%
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).