Patterson-UTI Energy (PTEN) News Today

$11.31
+0.25 (+2.26%)
(As of 05/17/2024 ET)
Kingsview Wealth Management LLC Buys New Stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Kingsview Wealth Management LLC bought a new stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 141,665 shares of the oil and gas company's stock, valued at approximately $1,530,000. Several other lar
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Acquired by BNP Paribas Financial Markets
BNP Paribas Financial Markets lifted its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 92.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 908,254 shares of the oil and gas company's stock after acqu
Principal Financial Group Inc. Sells 939,704 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Principal Financial Group Inc. trimmed its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 16.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,943,273 shares of t
Swiss National Bank Reduces Stock Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Swiss National Bank lessened its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 10.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 701,388 shares of the oil and gas company's stock after selling 83,400 shares during the p
Picton Mahoney Asset Management Invests $1.74 Million in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Picton Mahoney Asset Management bought a new position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 160,782 shares of the oil and gas company's s
Piper Sandler Reaffirms Their Buy Rating on Patterson-UTI (PTEN)
Patterson-UTI Energy (NASDAQ:PTEN) Rating Reiterated by Benchmark
Benchmark reaffirmed a "hold" rating on shares of Patterson-UTI Energy in a research note on Monday.
Patterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $14.00 by Analysts at Piper Sandler
Piper Sandler dropped their price objective on shares of Patterson-UTI Energy from $17.00 to $14.00 and set an "overweight" rating for the company in a research note on Monday.
Fisher Asset Management LLC Reduces Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Fisher Asset Management LLC decreased its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 15.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,956,578 shares of the oil and gas company's stock
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Plans $0.08 Quarterly Dividend
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) declared a quarterly dividend on Wednesday, May 1st. Shareholders of record on Monday, June 3rd will be paid a dividend of 0.08 per share by the oil and gas company on Monday, June 17th. This represents a $0.32 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Monday, June 3rd.
Q1 2024 Patterson-UTI Energy Inc Earnings Call
Patterson-UTI Energy (NASDAQ:PTEN) Issues Earnings Results
Patterson-UTI Energy (NASDAQ:PTEN - Get Free Report) announced its quarterly earnings data on Wednesday. The oil and gas company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Patterson-UTI Energy had a return on equity of 10.00% and a net margin of 5.94%. During the same quarter in the prior year, the company posted $0.46 earnings per share.
Patterson-UTI: Q1 Earnings Snapshot
Van ECK Associates Corp Boosts Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Van ECK Associates Corp raised its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,505,551 shares of the oil and gas company's stock aft
Q3 2024 EPS Estimates for Patterson-UTI Energy, Inc. Reduced by Zacks Research (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Investment analysts at Zacks Research reduced their Q3 2024 EPS estimates for shares of Patterson-UTI Energy in a note issued to investors on Wednesday, April 24th. Zacks Research analyst N. Choudhury now expects that the oil and gas compan
Traders Buy Large Volume of Put Options on Patterson-UTI Energy (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) was the target of unusually large options trading activity on Thursday. Stock investors purchased 32,419 put options on the company. This is an increase of 240% compared to the average daily volume of 9,545 put options.
Wedge Capital Management L L P NC Has $4.48 Million Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Wedge Capital Management L L P NC raised its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 46.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 414,357 shares of the oil and gas company's stock a
Zacks Research Equities Analysts Decrease Earnings Estimates for Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Equities researchers at Zacks Research dropped their Q1 2024 earnings per share (EPS) estimates for shares of Patterson-UTI Energy in a research report issued to clients and investors on Wednesday, April 24th. Zacks Research analyst N. Chou
Louisiana State Employees Retirement System Buys Shares of 160,800 Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Louisiana State Employees Retirement System bought a new stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 160,800 shares of the oil and gas company's stock, valued at approxima
Patterson-UTI Energy (NASDAQ:PTEN) PT Lowered to $14.00
Bank of America lowered their target price on Patterson-UTI Energy from $14.50 to $14.00 and set a "buy" rating on the stock in a research note on Monday.
Phocas Financial Corp. Has $6.40 Million Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Phocas Financial Corp. boosted its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 26.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 592,233 shares of the oil and gas company's stock after purchasing
Patterson-UTI Energy Inc.
Atb Cap Markets Comments on Patterson-UTI Energy, Inc.'s Q2 2024 Earnings (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Equities researchers at Atb Cap Markets reduced their Q2 2024 earnings per share estimates for shares of Patterson-UTI Energy in a note issued to investors on Sunday, April 7th. Atb Cap Markets analyst W. Syed now expects that the oil and g
Allspring Global Investments Holdings LLC Has $71.28 Million Stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Allspring Global Investments Holdings LLC decreased its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,600,292 shares of the oil and gas company's stock af
Raymond James & Associates Increases Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Raymond James & Associates grew its position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 22.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 632,943 shares of the oil and
Patterson-UTI Energy (NASDAQ:PTEN) Stock Rating Reaffirmed by Susquehanna
Susquehanna reiterated a "positive" rating and set a $16.00 target price on shares of Patterson-UTI Energy in a report on Monday.
Vaughan Nelson Investment Management L.P. Has $28.60 Million Stock Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Vaughan Nelson Investment Management L.P. increased its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 3.4% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 2,647,627 shares of the oil and gas company's stock after purchasi
Assessing Patterson-UTI Energy: Insights From 4 Financial Analysts
Zacks Research Research Analysts Decrease Earnings Estimates for Patterson-UTI Energy, Inc. (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Zacks Research lowered their FY2024 earnings estimates for shares of Patterson-UTI Energy in a research note issued on Thursday, March 28th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will post earnings
Stock Traders Purchase High Volume of Put Options on Patterson-UTI Energy (NASDAQ:PTEN)
Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) saw unusually large options trading activity on Thursday. Stock investors bought 40,078 put options on the company. This represents an increase of approximately 414% compared to the average volume of 7,801 put options.
Patterson-UTI Energy (NASDAQ:PTEN) Stock Rating Upgraded by StockNews.com
StockNews.com raised Patterson-UTI Energy from a "sell" rating to a "hold" rating in a research report on Monday.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Acquired by Vanguard Group Inc.
Vanguard Group Inc. grew its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 74.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,194,132 shares of the oil and gas company's stock after acquiring an a
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This page (NASDAQ:PTEN) was last updated on 5/19/2024 by MarketBeat.com Staff

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