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Zacks Investment Research on MSNPatterson-UTI (PTEN) Down 6.7% Since Last Earnings Report: Can It Rebound?A month has gone by since the last earnings report for Patterson-UTI (PTEN). Shares have lost about 6.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue ...
HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in ...
Patterson-UTI Energy PTEN is preparing to release its quarterly earnings on Wednesday, 2025-04-23. Here's a brief overview of what investors should keep in mind before the announcement.
Natixis Advisors LLC lessened its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Free Report) by 93.3% during the fourth quarter, according to its most recent 13F filing with the SEC.
Patterson-UTI Energy, Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $12.65. The firm has a market cap of $3.20 billion, a P/E ratio of -3.35 and a beta of 2.07.
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.20 per share a year ago. These figures are ...
Oilfield service company Patterson-UTI’s market capitalization is $4.3 billion, and it pays a 3.1% dividend. The company’s merger-of-equals with NexTier (55% PTEN/45% NexTier) will enhance ...
U.S. oilield service firm Patterson-UTI Energy PTEN has agreed to buy Ulterra Drilling Technologies, a global leader in specialized drill bit solutions. This strategic acquisition aims to enhance ...
The article analyzes the Patterson-UTI and NexTier Oilfield deal announced recently. Overall, the deal seems fair to both sides; NexTier may benefit from Patterson-UTI's higher multiple.
Patterson-UTI Energy Inc. agreed to acquire NexTier Oilfield Solutions Inc. in an all-stock deal worth $1.9 billion that forms one of the shale sector’s biggest providers of drilling and ...
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