|Bid||20.18 x 1900|
|Ask||20.19 x 1000|
|Day's Range||20.09 - 20.34|
|52 Week Range||14.83 - 29.76|
|PE Ratio (TTM)||-10.31|
|Earnings Date||Oct 26, 2017|
|Dividend & Yield||0.08 (0.39%)|
|1y Target Est||24.63|
Wall Street analysts expect Weatherford to cut its adjusted loss in 3Q17 from the adjusted loss of $0.28 per share in 2Q17.
In this part of our series, we'll look at the recent Wall Street analyst forecasts for Patterson-UTI Energy (PTEN) before 3Q17 earnings.
HOUSTON , Oct. 12, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) ("Patterson-UTI") announced today that it has closed the previously announced acquisition of Multi-Shot, LLC ...
The correlation coefficient between Patterson-UTI Energy’s (PTEN) stock price and crude oil prices from October 6, 2016, to October 6, 2017, was 0.64.
Short interest in Patterson-UTI Energy (PTEN) as a percentage of its float was 7.9% as of October 6, compared to 9.1% as of June 30.
Patterson-UTI Energy (PTEN) earns its revenue mainly from the United States. Patterson-UTI Energy’s revenue has risen in the past quarter.
The correlation coefficient between Halliburton’s (HAL) stock price and crude oil prices from October 5, 2016, to October 5, 2017, was 0.63.
From 1Q17 to 2Q17, Patterson-UTI Energy’s (PTEN) Contract Drilling segment's revenue rose 70%. The Pressure Pumping segment's revenue doubled.
Patterson-UTI Energy’s (PTEN) management estimated that rig counts in 3Q17 would be affected by the expiration of contracts for three rigs.
In 3Q17, analysts expect an $0.18 adjusted loss per share for Patterson-UTI Energy (PTEN), which means Wall Street analysts expect PTEN to cut its losses from the 2Q17 adjusted loss of $0.21 per share....
Jim Cramer sat down with Patterson-UTI Energy Executive Chairman Mark Siegel for an update on the oil patch.
BMO Capital Markets’ Daniel Boyd and Michael Mazar take a look at the energy sector today, specifically land drillers, and write that in general, the best is probably already behind the group. Boyd and Mazar point out that Helmerich & Payne (HP) is by far the most expensive driller, while Patterson UTI (PTEN) looks more reasonable, and is also the most profitable of the U.S. drillers--although it's still not quite a Buy. PTEN remains our favorite U.S. land driller but we see just 10% upside.
HOUSTON, Oct. 4, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (PTEN) today reported that for the month of September 2017, the Company had an average of 161 drilling rigs operating. For the three months ended September 30, 2017, the Company had an average of 161 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.
The correlation coefficient between Weatherford International’s (WFT) stock price and West Texas Intermediate (or WTI) crude oil prices from September 22 to September 29, 2017, was 0.63.
It was a very good month for this energy industry player and its peers. Here's what you need to know to understand the swift jump.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Patterson-UTI Energy, Inc. Here are 5 ETFs with the largest exposure to PTEN-US. Comparing the performance and risk of Patterson-UTI Energy, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Previously, we identified the bottom five OFS (oilfield service) stocks according to expected earnings growth in 3Q17. The correlation coefficient between Patterson-UTI Energy (PTEN) stock’s and crude ...
HOUSTON , Sept. 27, 2017 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, October 26, 2017 , at 9:00 a.m. Central Time to discuss results for the third ...
The correlation coefficient between Weatherford International’s (WFT) stock price and WTI crude oil prices on September 15–22, 2017, is 0.29.
In this article, we’ll look at short interest in the bottom five OFS (oilfield service) and equipment stocks by expected earnings growth. Short interest in Patterson-UTI Energy (PTEN), as a…
Analysts expect Patterson-UTI Energy’s (PTEN) EBITDA (earnings before interest, tax, depreciation, and amortization) to rise ~94% between 2Q17 and 3Q17. Its operating margin is expected to benefit from ...
Patterson-UTI Energy Inc (NASDAQ:PTEN), an energy company based in United States, saw a significant share price rise of over 20% in the past couple of months on the NasdaqGS. AsRead More...
National Oilwell Varco's correlation with crude oil prices increased in the trailing year to September 8, 2017—compared to the previous year.