Patterson-UTI Energy Inc (PTEN) Aligns With EPS Projections, Surpasses Revenue Estimates in Q1 2024
Patterson-UTI Energy Q1 Earnings Fall, Revenue Rises
Petterson-UTI Energy (PTEN) reported Q1 net income Wednesday of $0.13 per diluted share, down from $0.46 a year earlier. Analysts polled by Capital IQ expected $0.13. Revenue for the quarter ended Mar
Patterson-UTI Energy Says For Q2, Drilling Products Results Are Expected To Be Relatively In Line With Q1 And Adjusted Gross Profit Is Expected To Be Roughly Flat With Q1
OutlookWe see steady drilling and completion activity in oil basins, with the expectation that a few operators may add drilling rigs later this year based on current oil prices. Our activity in natura
Patterson-UTI Energy Q1 2024 Adj EPS $0.15 Beats $0.13 Estimate, Sales $1.510B Miss $1.515B Estimate
Patterson-UTI Energy (NASDAQ:PTEN) reported quarterly earnings of $0.15 per share which beat the analyst consensus estimate of $0.13 by 15.38 percent. The company reported quarterly sales of $1.510 b
Risks To Shareholder Returns Are Elevated At These Prices For Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
There wouldn't be many who think Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) price-to-earnings (or "P/E") ratio of 18.4x is worth a mention when the median P/E in the United States is similar at about
Those Who Invested in Patterson-UTI Energy (NASDAQ:PTEN) Three Years Ago Are up 78%
Patterson-UTI Is Maintained at Buy by B of A Securities
Patterson-UTI Is Maintained at Buy by B of A Securities
B of A Securities: Maintaining Patterson-UTI Energy's (PTEN.US) rating, adjusted from buy to buy rating, and the target price was adjusted from $14.50 to $14.00.
B of A Securities: Maintaining Patterson-UTI Energy's (PTEN.US) rating, adjusted from buy to buy rating, and the target price was adjusted from $14.50 to $14.00.
B of A Securities Maintains Buy on Patterson-UTI Energy, Lowers Price Target to $14
B of A Securities analyst Chase Mulvehill maintains Patterson-UTI Energy with a Buy and lowers the price target from $14.5 to $14.
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast
PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, May 2, 2024, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2024.
Transocean Hiked to Buy at Susquehanna With Ultra-deepwater Drilling in Demand Recovery
Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Patterson-UTI Energy's (NASDAQ:PTEN) stock is up by a considerable 17% over the past three months. As most would know, fundamentals are what usually guide market price movements over the long-term,
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Patterson-UTI Energy Posts an Average of 120 Drilling Rigs Operating in March
Patterson-UTI Energy Reports 120 Drilling Rigs Operating in March
Patterson-UTI Energy (PTEN) reported late Wednesday that an average of 120 drilling rigs were operating in March in the US. For the three months that ended March 31, the company said it had an average
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Research Alert: CFRA Lifts View On Shares Of Patterson-uti Energy, Inc To Strong Buy From Buy
CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $15, up $1, refle
Patterson-UTI Is Maintained at Positive by Susquehanna
Patterson-UTI Is Maintained at Positive by Susquehanna
Susquehanna Maintains Positive on Patterson-UTI Energy, Maintains $16 Price Target
Susquehanna analyst Charles Minervino maintains Patterson-UTI Energy (NASDAQ:PTEN) with a Positive and maintains $16 price target.
Patterson-UTI (PTEN) Down 2% Since Last Earnings Report: Can It Rebound?
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