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HOUSTON , April 2, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today provided an update to address the Company's response to current market conditions. Reduced demand for crude oil and refined products related to the necessary global response to the COVI...
Helmerich & Payne ( HP -8.8% ) plunges after announcing plans to cut future quarterly dividends to $0.25/share while still paying its $0.71 dividend on June 1 . More news on: Helmerich & Payne, Inc., TechnipFMC plc, Schlumberger Limited, Energy stocks news, Stocks on the mo...
Gainers: TRTX +11.4% . GPMT +11.1% . MIK +7.9% . MU +5.9% . TLRY +4.7% . More news on: TPG RE Finance Trust, Inc., Granite Point Mortgage Trust Inc., The Michaels Companies, Inc., Stocks on the move, , News on ETFs Read more ...
Oil prices tumbled again today as they continue to bounce around following the collapse of an oil market support agreement between Russia and OPEC. WTI, the U.S. benchmark, fell nearly 5% by 3:15 p.m. EST on Wednesday, pressured in part by OPEC's forecast that oil demand won't grow this year be...
Energy stocks ( XLE -3.3% ) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to raise its production capacity by a further 1M bbl/day to 13M bbl/day. More news on: Energy Select Sector S...
PTEN To Keep Rigs And Frac Spreads Steady Low demand for hydraulic fracturing activity and pressure pumping operations have already led to several rigs and frac spreads being retired by Patterson-UTI Energy ( PTEN ) and other rig operators over the past year. I do not think the company wil...
Nobody should be surprised that onshore drilling-rig operator Patterson-UTI Energy (NASDAQ: PTEN) turned in poor results for Q4 2019 on Feb. 6. The entire oil-field services industry had a rough quarter, and many companies have seen their share prices tumble after releasing their n...
Image source: The Motley Fool. Patterson-UTI Energy (NASDAQ: PTEN) Q4 2019 Earnings Call Feb 06, 2020 , 10:00 a.m. ET Operator Continue reading
Patterson-UTI Energy, Inc. (PTEN) Q4 2019 Earnings Conference Call February 06, 2020 10:00 AM ET Company Participants Mike Drickamer - Vice President, Investor Relations Mark Siegel - Chairman Andy Hendricks - Chief Executive Officer Andy Smith - Chief Financial Officer Conf...
Patterson-UTI ( PTEN -4.6% ) plunges after reporting a wider than expected Q4 loss and a 38% Y/Y drop in revenue amid the ongoing decline in North American drilling activity. More news on: Patterson-UTI Energy, Inc., Energy stocks news, Earnings news and commentary, Stocks on the ...
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2024-07-29 06:22:00 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...
HOUSTON, TX / ACCESSWIRE / July 24, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2024. Second Quarter 2024 Financial Results Total revenue of $1.3 billion Net income attributable to common stockholders of $11 million, ...
HOUSTON, TX / ACCESSWIRE / July 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2024, the Company had an average of 113 drilling rigs operating in the United States. For the three months ended June 30, 2024, the Company had an average of 114 drilling ...