PTEN News and Press, Patterson-UTI Energy Inc. From 01/30/24

2024-01-30 14:09:15 ET More on Energy Select Sector SPDR ETF Why Buffett Keeps Buying Energy Hand Over Fist: XLE Implications Reasons To Be Bullish About Oil In 2024 XLE: Short-Term Bear, Long-Term Bull Oil breaks above technical resistance and has upside roo...

2024-01-30 12:05:00 ET Summary Bernzott Capital Advisors is an independent money manager for institutional and private clients. We are 100% owned by employees and an employee-related individual. Global financial markets rallied in 4Q, with small cap stocks leading the way. Des...

2024-01-16 14:35:30 ET More on Helmerich & Payne and NOV Inc. Helmerich & Payne: A Case For A Second Half Rally Helmerich & Payne: Willing To Wait For Further Drop In Price NOV Earnings Preview: Cash Flow Inflection Point Is Coming For further det...

2024-01-15 10:53:37 ET Summary 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 cash flow and EBITDA. Its acquisition of Ulterr...

HOUSTON, TX / ACCESSWIRE / January 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2023, the Company had an average of 119 drilling rigs operating in the United States. For the three months ended December 31, 2023, the Company had an average of 11...

2024-01-05 12:22:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-01 07:38:22 ET Summary Energy had a poor 2023, but there were important differences within the sector. Oilfield services stocks, specifically those with offshore and international exposure, are outperforming relatively. I summarize my macro and energy thesis for 2024 a...

2023-12-21 12:56:39 ET The energy sector ( NYSEARCA: XLE ) is recommended as market weight by Citi Research, as valuations remain attractive, and positive earnings are expected for 2024 as whole and relative performance could be bottoming, according to its U.S. Equity Strategy repor...

2023-12-13 10:10:00 ET Summary In November, fallen angels demonstrated superior performance, surpassing the broad high-yield market by 1.22%. Following lower-than-anticipated U.S. inflation figures, marginally softer jobless statistics and personal consumption expenditures in line...

2023-12-11 07:30:00 ET Summary ProPetro Holding Corp. is a nearly $1 billion market cap company in the oilfield pressure pumping (fracking) business. The company does not pay a dividend, but has a share repurchase program. ProPetro is upgrading its equipment but faces stagnant...