Patterson-Uti Energy (PTEN) 21.07 $PTEN
Energy Spending May Resume: Stocks and ETFs in Focus
Sanghamitra Saha - Zacks Investment Research - Wed Jun 08, 11:58AM CDT
As oil prices recover, energy companies may start indulging in capital expenditure. Investors can play this likely pickup in spending with these stocks and ETFs.
TPYP: 21.52 (-0.47), NGL: 18.68 (+0.44), XES: 19.25 (-0.81), PXJ: 12.52 (-0.55), MLPJ: 8.05 (-0.09), PTEN: 21.07 (-0.64), CLB: 126.50 (-4.70), DO: 24.32 (-1.16), TEP: 47.07 (+0.18), TRP: 42.84 (-0.57), ENB: 41.93 (-0.50), CRZO: 37.74 (-2.28), PDCE: 56.33 (-1.53), AM: 25.35 (+1.07)
Patterson-UTI Energy Rises 7.61% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jun 06, 4:12PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.75. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $18.43 on volume of 2.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
After Yesterday's Rally of 7.61% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 4:11PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.75. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $18.43 on volume of 2.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
Patterson-UTI (PTEN) Reports Massive Decline in Rig Count
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:49AM CDT
Onshore contract driller, Patterson-UTI Energy Inc. (PTEN) declared that its May 2016 drill rig count averaged 53 in the U.S. and less than one in Canada.
BAK: 11.46 (-0.32), MUSA: 69.97 (-0.89), EPE: 5.39 (-0.68), PTEN: 21.07 (-0.64)
Patterson-UTI Reports Drilling Activity for May 2016
PR Newswire - Fri Jun 03, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2016, the Company had an average of 53 drilling rigs operating in the United States, and less than one rig in Canada. For the two months ended May 31, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada.
PTEN: 21.07 (-0.64)
Downgrade Alert for Patterson-UTI Energy (PTEN)
Comtex SmarTrend(R) - Thu Jun 02, 3:31AM CDT
Patterson-UTI Energy (NASDAQTEN) was downgraded from Neutral to Underperform at Credit Suisse today. The stock closed yesterday at $18.22 on volume of 3.2 million shares, below average daily volume of 4.3 million. Patterson-UTI Energy (NASDAQTEN) defies analysts with a current price ($18.22) 6.7% above its average consensus price target of $17.00. Patterson-UTI Energy shares have support at the 50-day moving average (MA) of $17.59 and additional support at the 200-day MA of $15.58.
PTEN: 21.07 (-0.64)
SmarTrend Watching for Potential Rebound in Shares of Patterson-UTI Energy After 1.24% Loss
Comtex SmarTrend(R) - Wed Jun 01, 3:05PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $17.60 to a high of $18.39. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $18.51 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 21.07 (-0.64)
After Yesterday's Decline of 1.24%, Patterson-UTI Energy Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jun 01, 3:04PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $17.60 to a high of $18.39. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $18.51 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 21.07 (-0.64)
Patterson-UTI Energy Rises 1.24% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu May 26, 2:10PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $18.56 to a high of $18.95. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $18.61 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
Look for Shares of Patterson-UTI Energy to Potentially Pullback after Yesterday's 1.24% Rise
Comtex SmarTrend(R) - Thu May 26, 2:09PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $18.56 to a high of $18.95. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $18.61 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
Patterson-UTI Energy to Present at the UBS Global Oil and Gas Conference
PR Newswire - Wed May 18, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 24, 2016 at the UBS Global Oil and Gas Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
PTEN: 21.07 (-0.64)
Patterson-UTI (PTEN) Posts Narrower-than-Expected Q1 Loss
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:09AM CDT
Onshore contract driller Patterson-UTI Energy Inc. (PTEN) reported loss per share of 48 cents, narrower the Zacks Consensus Estimate for a loss of 54 cents.
SDLP: 5.61 (-0.39), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), PTEN: 21.07 (-0.64)
Patterson-UTI Energy to Present at the Citi 2016 Global Energy & Utilities Conference
PR Newswire - Thu May 05, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 10, 2016 at the Citi 2016 Global Energy & Utilities Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
PTEN: 21.07 (-0.64)
Patterson-UTI Reports Drilling Activity for April 2016
PR Newswire - Wed May 04, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2016, the Company had an average of 56 drilling rigs operating in the United States, and no operating rigs in Canada due to the industry downturn and spring breakup.
PTEN: 21.07 (-0.64)
Lower Activity Levels Hurt Helmerich & Payne (HP) Q2
Zacks Equity Research - Zacks Investment Research - Mon May 02, 9:04AM CDT
Contract driller Helmerich & Payne (HP) reported wider-than-expected Q1 loss on sharply lower activity.
RIG: 10.75 (-0.72), NBR: 10.37 (-0.37), HP: 64.77 (-2.47), PTEN: 21.07 (-0.64)
Patterson-UTI Energy Reports Financial Results for Three Months Ended March 31, 2016
PR Newswire - Thu Apr 28, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2016. The Company reported a net loss of $70.5 million, or $0.48 per share, for the first quarter of 2016, compared to net income of $9.1 million, or $0.06 per share, for the quarter ended March 31, 2015. Revenues for the first quarter of 2016 were $269 million, compared to $658 million for the first quarter of 2015.
PTEN: 21.07 (-0.64)
Watch for Patterson-UTI Energy to Potentially Pullback After Gaining 1.55% Yesterday
Comtex SmarTrend(R) - Fri Apr 22, 2:39PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $18.68 to a high of $19.47. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $19.13 on volume of 2.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
After Yesterday's Rally of 5.85% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Apr 12, 3:18PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $17.64 to a high of $18.78. Yesterday, the shares gained 5.8%, which took the trading range above the 3-day high of $18.16 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
PTEN: 21.07 (-0.64)
Energy Spending May Resume: Stocks and ETFs in Focus
Sanghamitra Saha - Zacks Investment Research - Wed Jun 08, 11:58AM CDT
As oil prices recover, energy companies may start indulging in capital expenditure. Investors can play this likely pickup in spending with these stocks and ETFs.
TPYP: 21.52 (-0.47), NGL: 18.68 (+0.44), XES: 19.25 (-0.81), PXJ: 12.52 (-0.55), MLPJ: 8.05 (-0.09), PTEN: 21.07 (-0.64), CLB: 126.50 (-4.70), DO: 24.32 (-1.16), TEP: 47.07 (+0.18), TRP: 42.84 (-0.57), ENB: 41.93 (-0.50), CRZO: 37.74 (-2.28), PDCE: 56.33 (-1.53), AM: 25.35 (+1.07)
Patterson-UTI Energy Rises 7.61% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Jun 06, 4:12PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.75. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $18.43 on volume of 2.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
After Yesterday's Rally of 7.61% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 4:11PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.51 to a high of $19.75. Yesterday, the shares gained 7.6%, which took the trading range above the 3-day high of $18.43 on volume of 2.5 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
Patterson-UTI (PTEN) Reports Massive Decline in Rig Count
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:49AM CDT
Onshore contract driller, Patterson-UTI Energy Inc. (PTEN) declared that its May 2016 drill rig count averaged 53 in the U.S. and less than one in Canada.
BAK: 11.46 (-0.32), MUSA: 69.97 (-0.89), EPE: 5.39 (-0.68), PTEN: 21.07 (-0.64)
Patterson-UTI Reports Drilling Activity for May 2016
PR Newswire - Fri Jun 03, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of May 2016, the Company had an average of 53 drilling rigs operating in the United States, and less than one rig in Canada. For the two months ended May 31, 2016, the Company had an average of 55 drilling rigs operating in the United States and less than one rig in Canada.
PTEN: 21.07 (-0.64)
Downgrade Alert for Patterson-UTI Energy (PTEN)
Comtex SmarTrend(R) - Thu Jun 02, 3:31AM CDT
Patterson-UTI Energy (NASDAQ
TEN) was downgraded from Neutral to Underperform at Credit Suisse today. The stock closed yesterday at $18.22 on volume of 3.2 million shares, below average daily volume of 4.3 million. Patterson-UTI Energy (NASDAQTEN) defies analysts with a current price ($18.22) 6.7% above its average consensus price target of $17.00. Patterson-UTI Energy shares have support at the 50-day moving average (MA) of $17.59 and additional support at the 200-day MA of $15.58. PTEN: 21.07 (-0.64)
SmarTrend Watching for Potential Rebound in Shares of Patterson-UTI Energy After 1.24% Loss
Comtex SmarTrend(R) - Wed Jun 01, 3:05PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $17.60 to a high of $18.39. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $18.51 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. PTEN: 21.07 (-0.64)
After Yesterday's Decline of 1.24%, Patterson-UTI Energy Offers Investors Better Value
Comtex SmarTrend(R) - Wed Jun 01, 3:04PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $17.60 to a high of $18.39. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $18.51 on volume of 1.8 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. PTEN: 21.07 (-0.64)
Patterson-UTI Energy Rises 1.24% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Thu May 26, 2:10PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.56 to a high of $18.95. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $18.61 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
Look for Shares of Patterson-UTI Energy to Potentially Pullback after Yesterday's 1.24% Rise
Comtex SmarTrend(R) - Thu May 26, 2:09PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.56 to a high of $18.95. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $18.61 on volume of 1.6 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
Patterson-UTI Energy to Present at the UBS Global Oil and Gas Conference
PR Newswire - Wed May 18, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 24, 2016 at the UBS Global Oil and Gas Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
PTEN: 21.07 (-0.64)
Patterson-UTI (PTEN) Posts Narrower-than-Expected Q1 Loss
Zacks Equity Research - Zacks Investment Research - Fri May 06, 10:09AM CDT
Onshore contract driller Patterson-UTI Energy Inc. (PTEN) reported loss per share of 48 cents, narrower the Zacks Consensus Estimate for a loss of 54 cents.
SDLP: 5.61 (-0.39), ICD: 5.05 (-0.19), NADL: 6.00 (+0.85), PTEN: 21.07 (-0.64)
Patterson-UTI Energy to Present at the Citi 2016 Global Energy & Utilities Conference
PR Newswire - Thu May 05, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on May 10, 2016 at the Citi 2016 Global Energy & Utilities Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
PTEN: 21.07 (-0.64)
Patterson-UTI Reports Drilling Activity for April 2016
PR Newswire - Wed May 04, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2016, the Company had an average of 56 drilling rigs operating in the United States, and no operating rigs in Canada due to the industry downturn and spring breakup.
PTEN: 21.07 (-0.64)
Lower Activity Levels Hurt Helmerich & Payne (HP) Q2
Zacks Equity Research - Zacks Investment Research - Mon May 02, 9:04AM CDT
Contract driller Helmerich & Payne (HP) reported wider-than-expected Q1 loss on sharply lower activity.
RIG: 10.75 (-0.72), NBR: 10.37 (-0.37), HP: 64.77 (-2.47), PTEN: 21.07 (-0.64)
Patterson-UTI Energy Reports Financial Results for Three Months Ended March 31, 2016
PR Newswire - Thu Apr 28, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2016. The Company reported a net loss of $70.5 million, or $0.48 per share, for the first quarter of 2016, compared to net income of $9.1 million, or $0.06 per share, for the quarter ended March 31, 2015. Revenues for the first quarter of 2016 were $269 million, compared to $658 million for the first quarter of 2015.
PTEN: 21.07 (-0.64)
Watch for Patterson-UTI Energy to Potentially Pullback After Gaining 1.55% Yesterday
Comtex SmarTrend(R) - Fri Apr 22, 2:39PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.68 to a high of $19.47. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $19.13 on volume of 2.8 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
After Yesterday's Rally of 5.85% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Tue Apr 12, 3:18PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $17.64 to a high of $18.78. Yesterday, the shares gained 5.8%, which took the trading range above the 3-day high of $18.16 on volume of 3.4 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious. PTEN: 21.07 (-0.64)
