Patterson-UTI Energy, Inc. (PTEN) News
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PTEN News Highlights
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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.
Patterson-UTI Plans CapEx Reduction, Focus on Gas BasinsPatterson-UTI ( (PTEN) ) has provided an announcement. Patterson-UTI has announced plans to reduce capital expenditures in 2025 compared to 2024, while maintaining a steady rig count and shifting activity towards natural gas basins. The company aims to return at least 50% of free cash flow to investors, emphasizing a strong capital structure and a focus on maximizing margins through optimized resource allocation. With high utilization rates for its natural gas-powered assets, Patterson-UTI is st |
Patterson-UTI Reports Drilling Activity for December 2024PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States. For the three months ended December 31, 2024, the Company had an average of ... |
VAL, PTEN, RIG: 3 Oil & Gas Drilling Stocks Holding PromiseFollowing a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN. |
Is Patterson-UTI Energy (PTEN) Standing Strong Amid Market Decline?We recently published a list of 10 Firms Stand Strong Amid Market Decline. In this article, we are going to take a look at where Patterson-UTI Energy (NASDAQ:PTEN) stands against other firms stand strong amid market decline. The US stock market finished the day on a sour note anew amid the lack of fresh catalysts […] |
Is Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Trading At A 49% Discount?Key Insights Patterson-UTI Energy's estimated fair value is US$16.02 based on 2 Stage Free Cash Flow to Equity... |
Patterson-UTI Reports Drilling Activity for November 2024HOUSTON, TEXAS / ACCESSWIRE / December 5, 2024 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States. For the two months ended November ... |
Patterson-UTI (PTEN) Up 4.9% Since Last Earnings Report: Can It Continue?Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. |
Patterson-UTI Reports Drilling Activity for October 2024HOUSTON, TX / ACCESSWIRE / November 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2024, the Company had an average of 105 drilling rigs operating in the United States. Average drilling rigs operating ... |
Patterson-UTI Energy (NASDAQ:PTEN) Is Paying Out A Dividend Of $0.08Patterson-UTI Energy, Inc. ( NASDAQ:PTEN ) has announced that it will pay a dividend of $0.08 per share on the 16th of... |
Q3 2024 Patterson-UTI Energy Inc Earnings CallQ3 2024 Patterson-UTI Energy Inc Earnings Call |