Patterson-Uti Energy (PTEN) 18.80 $PTEN The Zac
Post# of 273254
The Zacks Analyst Blog Highlights: Anadarko Petroleum, Encana, ConocoPhillips, Eni SpA and Patterson-UTI Energy
Zacks Equity Research - Zacks Investment Research - Wed Sep 21, 8:30AM CDT
The Zacks Analyst Blog Highlights: Anadarko Petroleum, Encana, ConocoPhillips, Eni SpA and Patterson-UTI Energy
E: 28.07 (-0.40), ECA: 9.10 (-0.40), COP: 39.94 (-1.08), PTEN: 18.80 (-0.73), APC: 59.50 (-1.71)
Oil & Gas Stock Roundup: Anadarko Buys GoM Assets, Encana Unveils $1B Share Sale Plan
Nilanjan Choudhury - Zacks Investment Research - Tue Sep 20, 2:47PM CDT
Anadarko Petroleum (APC) has agreed to buy deepwater GoM assets from Freeport McMoRan for $2 billion, while Encana (ECA) launched a $1 billion share offering to pay debt and boost drilling.
E: 28.07 (-0.40), ECA: 9.10 (-0.40), COP: 39.94 (-1.08), OXY: 69.60 (-1.81), CVX: 99.22 (-0.76), PTEN: 18.80 (-0.73), APC: 59.50 (-1.71)
Patterson-UTI Energy to Present at the Johnson Rice Energy Conference
PR Newswire - Fri Sep 16, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 21, 2016 at the Johnson Rice Energy Conference. Representing the Company at the conference will be Andy Hendricks, Chief Executive Officer.
RICE: 26.92 (-1.09), PTEN: 18.80 (-0.73)
Patterson (PTEN) Signs Agreement to Acquire Warrior Rig
Zacks Equity Research - Zacks Investment Research - Thu Sep 15, 9:36AM CDT
Onshore contract driller, Patterson-UTI Energy Inc. (PTEN) recently declared that it has signed a deal to acquire Calgary, Alberta-based drilling technology company, Warrior Rig Ltd., and certain related entities.
NGL: 18.86 (+0.19), CRZO: 34.20 (-1.68), MTDR: 21.20 (-1.14), PTEN: 18.80 (-0.73)
Upgrade Alert for Patterson-UTI Energy (PTEN)
Comtex SmarTrend(R) - Thu Sep 15, 3:31AM CDT
Patterson-UTI Energy (NASDAQTEN) was upgraded from Hold to Buy at Gabelli & Co today. The stock closed yesterday at $18.42 on volume of 4.7 million shares, above average daily volume of 4.3 million. Over the past year, Patterson-UTI Energy has traded in a range of $10.94 to $22.81 and closed yesterday at $18.42, 68% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 1.5%.
PTEN: 18.80 (-0.73)
Patterson-UTI Energy Announces Agreement to Acquire Drilling Technology Company
PR Newswire - Wed Sep 14, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) announced today that it has entered into an agreement to acquire Warrior Rig Ltd. and certain related entities. Based in Calgary, Warrior designs, manufactures and services high-spec rig components with a recent focus on top drive technology for improved drilling performance. The pending transaction is subject to customary closing conditions, and is expected to close promptly.
PTEN: 18.80 (-0.73)
Research Reports on Oil & Gas Stocks -- Atwood Oceanics, Patterson-UTI Energy, Rowan Cos, and Bill Barrett
PR Newswire - Tue Sep 06, 6:35AM CDT
The Oil and Gas Drilling and Exploration space is composed of companies that explore, develop, and operate oil and gas fields. The industry makes up between 4.6% and 6.5% of the global economy. Today, Stock-Callers.com reviews the following trades: Atwood Oceanics Inc. (NYSE: ATW), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Rowan Cos. PLC (NYSE: RDC), and Bill Barrett Corp. (NYSE: BBG). Learn more about these stocks by accessing their free research reports at:
BBG: 5.11 (-0.28), PTEN: 18.80 (-0.73), RDC: 13.36 (-0.70), ATW: 6.85 (-0.38)
Patterson-UTI Reports Drilling Activity for August 2016
PR Newswire - Tue Sep 06, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of August 2016, the Company had an average of 60 drilling rigs operating in the United States and two rigs in Canada. For the two months ended August 31, 2016, the Company had an average of 58 drilling rigs operating in the United States and two rigs in Canada.
PTEN: 18.80 (-0.73)
Patterson-UTI Energy to Present at the Barclays CEO Energy-Power Conference
PR Newswire - Fri Sep 02, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that it will make a presentation on September 7, 2016 at the Barclays CEO Energy-Power Conference. Representing the Company at the conference will be Mark Siegel, Chairman, Andy Hendricks, Chief Executive Officer, and Mike Holcomb, President Patterson-UTI Drilling Company LLC.
PTEN: 18.80 (-0.73)
After Yesterday's Decline of 1.61%, Patterson-UTI Energy Offers Investors Better Value
Comtex SmarTrend(R) - Tue Aug 30, 4:06PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $20.14 to a high of $20.90. Yesterday, the shares fell 1.6%, which took the trading range below the 3-day low of $20.28 on volume of 980,000 shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
PTEN: 18.80 (-0.73)
Patterson-UTI Energy Rises 1.79% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Tue Aug 16, 3:59PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $20.09 to a high of $20.61. Yesterday, the shares gained 1.8%, which took the trading range above the 3-day high of $20.31 on volume of 1.5 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: 18.80 (-0.73)
Downgrade Alert for Patterson-UTI Energy (PTEN)
Comtex SmarTrend(R) - Wed Aug 10, 3:42AM CDT
Patterson-UTI Energy (NASDAQTEN) was downgraded from Neutral to Underperform at Macquarie today. The stock closed yesterday at $19.88 on volume of 3.2 million shares, below average daily volume of 4.3 million. Patterson-UTI Energy, Inc. provides land-based drilling services to major and independent oil and natural gas companies. The Company conducts drilling operations in Texas, New Mexico, Utah, Oklahoma, Louisiana, and western Canada. Patterson-UTI is also involved in pressure pumping, oil and gas exploration and production, and drilling and completion fluids services.
PTEN: 18.80 (-0.73)
Patterson-UTI Reports Drilling Activity for July 2016
PR Newswire - Thu Aug 04, 5:00AM CDT
PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of July 2016, the Company had an average of 56 drilling rigs operating in the United States, and two rigs in Canada.
PTEN: 18.80 (-0.73)
Look for Shares of Patterson-UTI Energy to Potentially Pullback after Yesterday's 3.94% Rise
Comtex SmarTrend(R) - Wed Aug 03, 3:38PM CDT
Patterson-UTI Energy (NASDAQTEN) traded in a range yesterday that spanned from a low of $18.69 to a high of $19.58. Yesterday, the shares gained 3.9%, which took the trading range above the 3-day high of $19.50 on volume of 1.7 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: 18.80 (-0.73)