Patterson-UTI Energy, Inc. (PTEN) News
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PTEN News Highlights
- For PTEN, its 30 day story count is now at 8.
- Over the past 21 days, the trend for PTEN's stories per day has been choppy and unclear. It has oscillated between 1 and 2.
- UTI and ABR are the most mentioned tickers in articles about PTEN.
Latest PTEN News From Around the Web
Below are the latest news stories about PATTERSON UTI ENERGY INC that investors may wish to consider to help them evaluate PTEN as an investment opportunity.
Wall Street Analysts See Patterson-UTI (PTEN) as a Buy: Should You Invest?
The average brokerage recommendation (ABR) for Patterson-UTI (PTEN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Are Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Mixed Financials Driving The Negative Sentiment?
Patterson-UTI Energy (NASDAQ:PTEN) has had a rough three months with its share price down 26%. It is possible that the...
Patterson-UTI (PTEN) Gains But Lags Market: What You Should Know
In the latest trading session, Patterson-UTI (PTEN) closed at $11.71, marking a +0.43% move from the previous day.
Patterson-UTI (PTEN) Stock Moves -1.2%: What You Should Know
Patterson-UTI (PTEN) closed at $13.15 in the latest trading session, marking a -1.2% move from the prior day.
Patterson-UTI (PTEN) Down 7.5% Since Last Earnings Report: Can It Rebound?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should You Invest in Patterson-UTI (PTEN) Based on Bullish Wall Street Views?
Based on the average brokerage recommendation (ABR), Patterson-UTI (PTEN) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Patterson-UTI Reports Drilling Activity for February 2023
PATTERSON-UTI ENERGY, INC.(NASDAQ:PTEN) today reported that for the month of February 2023, the Company had an average of 131 drilling rigs operating in the United States.
Patterson-UTI Energy to Participate in the Raymond James 44th Annual Institutional Investors Conference
PATTERSON-UTI ENERGY, INC.(NASDAQ:PTEN) today announced that the Company will participate in the Raymond James 44th Annual Institutional Investors Conference on Tuesday, March 7, 2023.
Patterson-UTI's (PTEN) Q4 Earnings & Sales Beat Estimates
Patterson-UTI Energy's (PTEN) Q4 sales and earnings beat estimates with strong performance across various segments. It also projects a rig count increase and $550 million capex for 2023.
Patterson-UTI plans to increase rig count, drilling contract prices in 2023
Oil field services company Patterson-UTI was profitable in 2022 after several years of annual losses.