Patterson-Uti Energy (PTEN) 18.78 $PTEN
Patterson-UTI (PTEN) Posts Narrower-Than-Expected Q2 Loss
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 9:59AM CDT
Patterson-UTI Energy Inc. (PTEN) reported loss per share of 58 cents, narrower the Zacks Consensus Estimate of a loss of 63 cents.
QEP: 17.22 (-0.98), NADL: 4.21 (-0.31), MUSA: 75.14 (-1.50), PTEN: 18.78 (-0.61)
Watch for Patterson-UTI Energy to Potentially Rebound After Falling 3.26% Yesterday
Comtex SmarTrend(R) - Thu Jul 28, 2:32PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.83 to a high of $20.12. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $19.49 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 18.78 (-0.61)
Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2016
PR Newswire - Thu Jul 28, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2016. The Company reported a net loss of $85.9 million, or $0.58 per share, for the second quarter of 2016, compared to a net loss of $19.0 million, or $0.13 per share, for the quarter ended June 30, 2015. Revenues for the second quarter of 2016 were $194 million, compared to $473 million for the second quarter of 2015.
PTEN: 18.78 (-0.61)
Oil & Gas Drilling Earnings on Jul 28: ESV, HP & Others
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:14AM CDT
Compilation of earnings preview of some oil & gas drilling companies reporting on Jul 28.
ESV: 8.47 (-0.70), ICD: 4.80 (-0.23), COP: 39.61 (-1.21), XOM: 85.86 (-3.09), PES: 2.81 (-0.34), HP: 60.75 (-1.22), PTEN: 18.78 (-0.61), CLB: 114.94 (-1.87), SLB: 78.46 (-2.06)
SmarTrend Watching for Potential Rebound in Shares of Patterson-UTI Energy After 1.51% Loss
Comtex SmarTrend(R) - Mon Jul 18, 2:37PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $20.76 to a high of $21.11. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $20.89 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 18.78 (-0.61)
Look for Shares of Patterson-UTI Energy to Potentially Rebound after Yesterday's 1.51% Sell Off
Comtex SmarTrend(R) - Mon Jul 18, 2:35PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $20.76 to a high of $21.11. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $20.89 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 18.78 (-0.61)
Coverage Initiated on Select Oil and Gas Drillers' Stocks
ACCESSWIRE - Thu Jul 14, 8:16AM CDT
LONDON, UK / ACCESSWIRE / July 14, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Oil & Gas Drilling & Exploration industry. Companies recently under review include Patterson-UTI Energy, Enerplus, RSP Permian, and Concho Resources. See our complete notes on Patterson-UTI Energy at:
CXO: 118.09 (-6.11), ERF: 5.65 (-0.32), RSPP: 34.04 (-1.91), PTEN: 18.78 (-0.61)
Patterson-UTI Energy to Present at the J.P. Morgan Inaugural Energy Equity Conference 2016
PR Newswire - Wed Jun 22, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on June 28, 2016 at the J.P. Morgan Inaugural Energy Equity Conference 2016. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
JPM: 63.80 (-0.17), PTEN: 18.78 (-0.61)
Is it Worth Holding Patterson-UTI (PTEN) Amid Low Oil Price?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:30AM CDT
We issued an updated research report on onshore contract driller Patterson-UTI Energy Inc. (PTEN) on Jun 10, 2016. The company's fleet includes the technologically advanced 'Apex' rigs, which are the key to its success.
BAK: 11.69 (+0.19), SSL: 25.97 (-0.72), PTEN: 18.78 (-0.61), PTR: 66.86 (-1.29)
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: 21.89 (-0.44), NGL: 17.81 (-1.00), XES: 16.89 (-0.79), PXJ: 10.74 (-0.49), MLPJ: 7.99 (-0.09), PTEN: 18.78 (-0.61), CLB: 114.94 (-1.87), DO: 20.98 (-1.74), TEP: 46.42 (-0.87), TRP: 45.72 (-0.63), ENB: 40.01 (-1.12), CRZO: 29.89 (-2.91), PDCE: 53.40 (-1.37), AM: 25.36 (-0.06)
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 (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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 11.69 (+0.19), MUSA: 75.14 (-1.50), EPE: 3.67 (-0.50), PTEN: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
Patterson-UTI (PTEN) Posts Narrower-Than-Expected Q2 Loss
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 9:59AM CDT
Patterson-UTI Energy Inc. (PTEN) reported loss per share of 58 cents, narrower the Zacks Consensus Estimate of a loss of 63 cents.
QEP: 17.22 (-0.98), NADL: 4.21 (-0.31), MUSA: 75.14 (-1.50), PTEN: 18.78 (-0.61)
Watch for Patterson-UTI Energy to Potentially Rebound After Falling 3.26% Yesterday
Comtex SmarTrend(R) - Thu Jul 28, 2:32PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $18.83 to a high of $20.12. Yesterday, the shares fell 3.3%, which took the trading range below the 3-day low of $19.49 on volume of 3.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. PTEN: 18.78 (-0.61)
Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2016
PR Newswire - Thu Jul 28, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2016. The Company reported a net loss of $85.9 million, or $0.58 per share, for the second quarter of 2016, compared to a net loss of $19.0 million, or $0.13 per share, for the quarter ended June 30, 2015. Revenues for the second quarter of 2016 were $194 million, compared to $473 million for the second quarter of 2015.
PTEN: 18.78 (-0.61)
Oil & Gas Drilling Earnings on Jul 28: ESV, HP & Others
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:14AM CDT
Compilation of earnings preview of some oil & gas drilling companies reporting on Jul 28.
ESV: 8.47 (-0.70), ICD: 4.80 (-0.23), COP: 39.61 (-1.21), XOM: 85.86 (-3.09), PES: 2.81 (-0.34), HP: 60.75 (-1.22), PTEN: 18.78 (-0.61), CLB: 114.94 (-1.87), SLB: 78.46 (-2.06)
SmarTrend Watching for Potential Rebound in Shares of Patterson-UTI Energy After 1.51% Loss
Comtex SmarTrend(R) - Mon Jul 18, 2:37PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $20.76 to a high of $21.11. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $20.89 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. PTEN: 18.78 (-0.61)
Look for Shares of Patterson-UTI Energy to Potentially Rebound after Yesterday's 1.51% Sell Off
Comtex SmarTrend(R) - Mon Jul 18, 2:35PM CDT
Patterson-UTI Energy (NASDAQ
TEN) traded in a range yesterday that spanned from a low of $20.76 to a high of $21.11. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $20.89 on volume of 1.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion. PTEN: 18.78 (-0.61)
Coverage Initiated on Select Oil and Gas Drillers' Stocks
ACCESSWIRE - Thu Jul 14, 8:16AM CDT
LONDON, UK / ACCESSWIRE / July 14, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Oil & Gas Drilling & Exploration industry. Companies recently under review include Patterson-UTI Energy, Enerplus, RSP Permian, and Concho Resources. See our complete notes on Patterson-UTI Energy at:
CXO: 118.09 (-6.11), ERF: 5.65 (-0.32), RSPP: 34.04 (-1.91), PTEN: 18.78 (-0.61)
Patterson-UTI Energy to Present at the J.P. Morgan Inaugural Energy Equity Conference 2016
PR Newswire - Wed Jun 22, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on June 28, 2016 at the J.P. Morgan Inaugural Energy Equity Conference 2016. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
JPM: 63.80 (-0.17), PTEN: 18.78 (-0.61)
Is it Worth Holding Patterson-UTI (PTEN) Amid Low Oil Price?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:30AM CDT
We issued an updated research report on onshore contract driller Patterson-UTI Energy Inc. (PTEN) on Jun 10, 2016. The company's fleet includes the technologically advanced 'Apex' rigs, which are the key to its success.
BAK: 11.69 (+0.19), SSL: 25.97 (-0.72), PTEN: 18.78 (-0.61), PTR: 66.86 (-1.29)
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: 21.89 (-0.44), NGL: 17.81 (-1.00), XES: 16.89 (-0.79), PXJ: 10.74 (-0.49), MLPJ: 7.99 (-0.09), PTEN: 18.78 (-0.61), CLB: 114.94 (-1.87), DO: 20.98 (-1.74), TEP: 46.42 (-0.87), TRP: 45.72 (-0.63), ENB: 40.01 (-1.12), CRZO: 29.89 (-2.91), PDCE: 53.40 (-1.37), AM: 25.36 (-0.06)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 11.69 (+0.19), MUSA: 75.14 (-1.50), EPE: 3.67 (-0.50), PTEN: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
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: 18.78 (-0.61)
