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Patterson-UTI Energy (NASDAQ: PTEN ): Q1 Non-GAAP EPS of -$0.45 beats by $0.01 ; GAAP EPS of -$2.28 misses by $1.82 . More news on: Patterson-UTI Energy, Inc., Earnings news and commentary, Energy stocks news, Read more ...
HOUSTON , April 23, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2020 . The Company reported a net loss of $435 million , or $2.28 per share, for the first quarter of 2020, compared to a net ...
HOUSTON , April 23, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights agreement (the "Rights Agreement") to protect shareholder interests and preserve shareholders' ...
Article Overview It’s a well-known fact that stocks bottom out well before the economy does. Similarly, stocks in a particular industry also bottom out before the worst is over for the industry. Waiting for an industry turnaround does not give investors the best value in terms of th...
HOUSTON , April 8, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its long-tenured Executive Chairman, Mark S. Siegel , has advised the Company of his intention to retire after more than 25 years of continuous service to Patterson-UTI Ener...
"For the first time in seven years, it is time to buy!" enthuses Bernstein analyst Nicholas Green as he upgrades a handful of oil service stocks ( OIH +5.3% ). More news on: VanEck Vectors Oil Services ETF, Baker Hughes Company, National Oilwell Varco, Inc., Energy stocks news, Stocks on...
$20 oil and $1.70 natural gas doesn't bode well for oil and gas companies, let alone those with larger dividend obligations than they can afford. Falling stock prices have given rise to some attractive dividend yields from large and small companies alike, but don't take all of these yields for ...
HOUSTON , April 3, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2020 , the Company had an average of 124 drilling rigs operating. For the three months ended March 31, 2020 , the Company had an average of 123 drilli...
Patterson-UTI Energy (NASDAQ: PTEN ) reduces planned 2020 capital spending to ~$140M, a more than 40% cut from its previously announced capex plan and 60% below 2019 levels, in response to falling demand for drilling and completion services in North America. More news on: Patterson-...
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...
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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 ...