Patterson-UTI Energy, Inc. (PTEN)
|Net Income (ttm)||-451.71M|
|Ex-Dividend Date||Aug 31, 2022|
|Day's Range||11.11 - 11.74|
|52-Week Range||6.71 - 20.53|
|Price Target||21.85 (+91.8%)|
|Earnings Date||Oct 26, 2022|
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable l... [Read more...]
In 2021, PTEN's revenue was $1.36 billion, an increase of 20.71% compared to the previous year's $1.12 billion. Losses were -$654.55 million, -18.56% less than in 2020.Financial Statements
According to 19 analysts, the average rating for PTEN stock is "Buy." The 12-month stock price forecast is 21.85, which is an increase of 91.83% from the latest price.
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Investors need to pay close attention to PattersonUTI Energy (PTEN) stock based on the movements in the options market lately.
HOUSTON, TX / ACCESSWIRE / September 9, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced with great sadness that Cloyce A.
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HOUSTON, TX / ACCESSWIRE / September 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that Andy Hendricks, the Company's President and Chief Executive Officer, will participate in a fi...
HOUSTON, TX / ACCESSWIRE / September 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2022, the Company had an average of 128 drilling rigs operating in the...
HOUSTON, TX / ACCESSWIRE / August 30, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today announced that the Company will participate in the Barclays CEO Energy-Power Conference on Tuesday, September ...
PDF Solutions (PDFS), PattersonUTI Energy (PTEN), Royal Caribbean Cruises (RCL) & Boeing (BA) have seen their last two quarter-over-quarter percentage EPS growth rates exceed the growth rates of the pre...
The consensus price target hints at a 32% upside potential for Patterson-UTI (PTEN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat...
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
When a stock breaks out above the 50-Day simple moving average, good things could be on the horizon. How should investors react?
Patterson-UTI (PTEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
The average of price targets set by Wall Street analysts indicates a potential upside of 26.9% in Patterson-UTI (PTEN). While the effectiveness of this highly sought-after metric is questionable, the po...
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HOUSTON, TX / ACCESSWIRE / August 3, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2022, the Company had an average of 126 drilling rigs operating in the Unit...
Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?
Although 2022 hasn't gotten off to the start bullish investors were hoping for, the red ink does open the door for the best stocks under $20 to buy now. As many prominent financial advisors have mention...
Patterson-UTI's (PTEN) second-quarter 2022 earnings and revenues beat the Zacks Consensus Estimate due to solid segmental performances.
Patterson-UTI (PTEN) delivered earnings and revenue surprises of 600% and 7.96%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
HOUSTON, TX / ACCESSWIRE / July 27, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2022.
Oil stocks have led the market's upside throughout 2022 despite little progress in oil production. This week's reports could show more oil is coming.
HOUSTON, TX / ACCESSWIRE / July 6, 2022 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2022, the Company had an average of 124 drilling rigs operating in the United...