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The oil market continues to be resilient. Prices are holding above the key $60 level in the US WTI Crude market, which reflects continued fears about the future potential of a shortage after economic activity, particularly travel, picks up as major OECD economies “reopen” follow...
According to Stock Traders Daily, a 20-year industry veteran, #investors can use the #priceaction in Patterson-uti Energy (NASDAQ: PTEN) to foretell upcoming changes. A current example is provided below. There are trading plans for PTEN, but the data on this page does not ...
Higher rates reflect expectations for stronger growth, which is generally positive for high yield bonds. The fallen angels index, in particular, may benefit due to a higher weight towards economically sensitive sectors which may have stronger participation in the ongoing economic reco...
Wall Street usually prices in events before they happen, and that is as true for Patterson-uti Energy (NASDAQ: PTEN) as it is for any other company. If news is anticipated, and investors want to know what to expect, a simple review of the stock's price action is one of the best wa...
Traditionally Wall Street has used fundamental analysis to make investment decisions in stocks like Patterson-uti Energy (NASDAQ: PTEN) but sometimes the most revealing aspect of the fundamental health of a company can be found through an observation of its price action. Price act...
Patterson-UTI Energy (PTEN) reports an average of 70 drilling rigs operating for the month of March, 2021.For the three months ended March 31, 2021, the company had an average of 69 drilling rigs operating.The number shows an increase from 69 drilling rigs operating in ...
Patterson-UTI Reports Drilling Activity for March 2021 PR Newswire HOUSTON , April 6, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of March 2021 , the Company had an average of 70 drilling rigs oper...
PTEN has incurred a sharp 25% correction in the last three weeks, primarily due to the disappointing vaccination rate in Europe. However, the stock remains risky. PTEN has posted high operating losses for six consecutive years due to secular headwinds in its business. Even whe...
Investors in Patterson-uti Energy (NASDAQ: PTEN) like to make good decisions, that means they like to buy and sell at the right times, and to do that the best tools involve charts, pivot points, and the technical data. Below, we have provided a snapshot for PTEN that reveals ...
Patterson-UTI Publishes Corporate Sustainability Report PR Newswire HOUSTON , March 25, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN), a leading provider of contract drilling, pressure pumping and other oilfield services, announced that it ha...
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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 ...