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PTEN Sees Rig Activity Dropping In Q2 In Q1, Patterson-UTI Energy ( PTEN ) stacked more than half of its rig fleet following the energy demand destruction, while it plans to retire more rigs in Q2. It already lowered its frac spreads earlier, and as such, will continue to take a hit on its...
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CNX Midstream Partners LP (NYSE: CNXM ) -31% on dividend cut . More news on: CNX Midstream Partners LP, Verastem, Inc., Whiting Petroleum Corporation, Stocks on the move, , Read more ...
Shares of energy services company Patterson-UTI Energy (NASDAQ: PTEN) rose out of the gate on April 24, jumping 10% at the open of trading on Wall Street. That followed days of gains, with the company's share price rising along with the price of oil. Including the early Friday gain, the stoc...
Image source: The Motley Fool. Patterson-UTI Energy (NASDAQ: PTEN) Q1 2020 Earnings Call Apr 23, 2020 , 10:00 a.m. ET Operator Continue reading
Shares of oil-field service companies rallied sharply today. By 3 p.m. EDT, NexTier Oilfield Solutions (NYSE: NEX) was up more than 40%, while peers Patterson-UTI Energy (NASDAQ: PTEN) and ProPetro Holdings (NYSE: PUMP) were up 25% and 12%, re...
Patterson-UTI Energy, Inc. (PTEN) Q1 2020 Earnings Conference Call April 23, 2020 10:00 AM ET Company Participants Mike Drickamer - Vice President-Investor Relations Mark Siegel - Chairman Andy Smith - Chief Financial Officer Andy Hendricks - President & Chief Executive Off...
Patterson-UTI Energy ( PTEN +13.9% ) warns of a 60% decline in activity this year , as it expects four frack fleets to run in Q2 vs. an estimate of ~10 earlier this year. More news on: Patterson-UTI Energy, Inc., Energy stocks news, Earnings news and commentary, Stocks on the move,...
Patterson-UTI Energy (NASDAQ: PTEN ) declares $0.02/share quarterly dividend , -50% decrease from prior dividend of $0.04. Forward yield 3.48% Payable June 18; for shareholders of record June 4; ex-div June 3. These initiatives to reduce our cash outlay will preserve our financia...
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 ...
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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 ...