PTEN - Patterson-UTI Energy, Inc.
| Previous Close | 9.04 |
| Open | 9.09 |
| Bid | 0.00 x 2900 |
| Ask | 0.00 x 900 |
| Day's Range | 9.09 - 9.82 |
| 52 Week Range | 7.67 - 16.27 |
| Volume | 4257884 |
| Avg. Volume | 4,052,001 |
| Market Cap | 1.9B |
| Beta (3Y Monthly) | 1.59 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -2.59 |
| Earnings Date | Feb 5, 2020 - Feb 10, 2020 |
| Forward Dividend & Yield | 0.16 (1.79%) |
| Ex-Dividend Date | 2019-12-04 |
| 1y Target Est | 9.87 |
- Insider Monkey
Hedge Funds Are Warming Up To Patterson-UTI Energy, Inc. (PTEN)
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […]
- Zacks
Oil & Gas Drilling Industry Outlook Remains Challenged
Oil & Gas Drilling Industry Outlook Remains Challenged
- PR Newswire
Patterson-UTI Reports Drilling Activity for November 2019
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2019, the Company had an average of 119 drilling rigs operating. For the two months ended November 30, 2019, the Company had an average of 123 drilling rigs operating.
- Simply Wall St.
What Kind Of Share Price Volatility Should You Expect For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)?
If you own shares in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) then it's worth thinking about how it contributes to the...
- PR Newswire
Patterson-UTI Energy, Inc. Announces Closing of $350 Million Offering of Senior Notes due 2029
HOUSTON, Nov. 15, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (PTEN) (the "Company") announced today that it has closed its previously announced registered underwritten public offering of $350 million aggregate principal amount of 5.15% Senior Notes due 2029 (the "Notes"). The Company intends to use the net proceeds from the offering to repay in full the Company's 4.27% Series B Senior Notes due June 14, 2022 (the "2022 Notes"), to repay a portion of the amounts outstanding under its term loan agreement and for general corporate purposes. On November 15, 2019, the Company provided notice to the holders of its 2022 Notes of its intent to prepay 100% of the 2022 Notes.
- GuruFocus.com
BP Capital Fund Exits Westlake, Quanta
Fund's largest sales of 3rd quarter Continue reading...
- PR Newswire
Patterson-UTI Energy, Inc. Prices $350 Million Offering of Senior Notes due 2029
HOUSTON , Nov. 7, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) (the "Company") announced that it has priced a registered underwritten public offering of $350 million aggregate ...
- PR Newswire
Patterson-UTI Reports Drilling Activity for October 2019
HOUSTON, Nov. 5, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (PTEN) today reported that for the month of October 2019, the Company had an average of 127 drilling rigs operating. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance.
- PR Newswire
Patterson-UTI Energy to Present at the Bank of America Merrill Lynch 2019 Global Energy Conference
HOUSTON , Nov. 4, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on Wednesday, November 13, 2019 , at the Bank of America Merrill Lynch ...
- Zacks
Patterson-UTI (PTEN) Q3 Earnings Beat, Revenues Miss Mark
Patterson-UTI's (PTEN) full-year capex view of roughly $350 million implies a 12.5% decline from its second-quarter guidance of $400 million and a 24.7% fall from its original budget of $465 million.
- Thomson Reuters StreetEvents
Edited Transcript of PTEN earnings conference call or presentation 24-Oct-19 2:00pm GMT
Q3 2019 Patterson-UTI Energy Inc Earnings Call
- Insider Monkey
Were Hedge Funds Right About Dumping Patterson-UTI Energy, Inc. (PTEN)?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
- Zacks
Patterson-UTI (PTEN) Reports Q3 Loss, Misses Revenue Estimates
Patterson-UTI (PTEN) delivered earnings and revenue surprises of 6.90% and -1.30%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
- Investing.com
Oil Prices Hit Three-Week High, as Stock Draw Shifts Narrative
Investing.com -- Crude oil prices rose to their highest in over three weeks Thursday, building on sharp gains caused by a surprise draw in U.S. stockpiles that triggered some frantic short-covering.
- Reuters
UPDATE 2-Patterson-UTI cost cuts help it post smaller-than-expected loss
Oilfield services firm Patterson-UTI reported a smaller-than-expected loss on Thursday, as cost cuts helped it limit the impact of an ongoing decline in North American shale activity. Patterson-UTI's move comes after bigger rival Halliburton Co promised more cost cuts after reporting a bigger-than-expected drop in quarterly revenue earlier this week due to dwindling demand from oil and gas producers. The shale slowdown across North America more than halved Patterson-UTI's revenues and margins in the pressure pumping business, with the company warning that activity is likely to fall further in the current quarter.
- PR Newswire
Patterson-UTI Energy Reports Financial Results for the Three and Nine Months Ended September 30, 2019
HOUSTON , Oct. 24, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and nine months ended September 30, 2019 . The Company reported a net loss ...
- Simply Wall St.
Are Investors Undervaluing Patterson-UTI Energy, Inc. (NASDAQ:PTEN) By 23%?
Today we will run through one way of estimating the intrinsic value of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) by...
- Zacks
Is a Beat Likely for National Oilwell This Earnings Season?
National Oilwell (NOV) is likely to have benefited from higher backlog orders in the Completion & Production Solutions and Rig Technology segments owing to increased offshore drilling rig activities.
- Zacks
Cabot (COG) to Report Q3 Earnings: What's in the Cards?
Cabot (COG) focuses on high-impact natural gas-oriented drilling. Its acreage in the Marcellus shale play might have cemented its position for substantial output growth in Q3.
- Zacks
Valero (VLO) Gears Up for Q3 Earnings: What's in the Cards?
Weak refined petroleum products demand is likely to have hurt Valero's (VLO) Q3 earnings and lowered total throughput volumes.
- Zacks
Is a Beat in Store for TechnipFMC (FTI) in Q3 Earnings?
Higher operating profits from Onshore/Offshore and Subsea segments are expected to have aided TechnipFMC's (FTI) third quarter.
- Zacks
Patterson-UTI (PTEN) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Patterson-UTI Reports Drilling Activity for September 2019
HOUSTON, Oct. 4, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (PTEN) today reported that for the month of September 2019, the Company had an average of 135 drilling rigs operating. For the three months ended September 30, 2019, the Company had an average of 142 drilling rigs operating. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
- PR Newswire
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast
HOUSTON , Sept. 30, 2019 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 24, 2019 , at 9:00 a.m. Central Time to discuss results for the third ...
