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The stock of PTEN has more than doubled since early November thanks to the positive developments in the vaccine studies of Pfizer and Moderna. However, the stock was far from being profitable even before the pandemic, amid record U.S. oil production levels. Given also the high deb...
Patterson-UTI Energy (PTEN) announced an average of 64 drilling rigs operating for the month of November in line with the month of December.For the two months ended December 30, 2020, the company had an average of 62 drilling rigs operating. For further details see: ...
Patterson-UTI Reports Drilling Activity for December 2020 PR Newswire HOUSTON , Jan. 6, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of December 2020 , the Company had an average of 64 drilling rigs...
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Core Laboratories ([[CLB]] -5%) and Helmerich & Payne ([[HP]] -2.9%) fall sharply after J.P. Morgan downgrades shares to Underweight and Neutral, respectively, following recent runs higher.Core Labs has "disproportionally benefited" from the robust rally in the oilfield services and ...
Our overbought indicator suggests the market could experience a 5% to 10% pullback soon. The best large-cap sectors and industries to buy, including industrials and financials. The highest-rated big-cap stocks to target on a correction. For further details see: The Best ...
Transocean ([[RIG]] -6.5%) and Liberty Oilfield Services ([[LBRT]] -2.9%) open sharply lower after Wells Fargo downgrades shares, with a cautious view on the rate of Lower 48 activity growth in next year's H1, which could push prospects for frac pricing improvement to H2 2021 or later.Transoc...
Strong cross-currents increase risk of a correction. The best sectors are industrials, financials, and consumer goods. The top stocks to buy in every sector. For further details see: The Grinch Could Derail The Santa Claus Rally This Year
Patterson-UTI Energy (PTEN) announced an average of 61 drilling rigs operating for the month of November in line with month of October.For the two months ended November 30, 2020, the company had an average of 61 drilling rigs operating.Shares are up 0.4% PM. For further detai...
Patterson-UTI Reports Drilling Activity for November 2020 HOUSTON , Dec. 3, 2020 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of November 2020 , the Company had an average of 61 drilling rigs operating. Fo...
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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 ...