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The commodity space is picking up momentum as growth picks up in the developed world while stimulus and liquidity hang around with no signs of the punch bowl being taken away by policy makers any time soon. This is the plan. Ask the Fed. The idea is to drive a “sticky” inflation...
Patterson-UTI Reports Drilling Activity for April 2021 PR Newswire HOUSTON , May 5, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2021 , the Company had an average of 72 drilling rigs operat...
Baker Hughes ([[BKR]] +8.4%) surges to the top of today's gainers on the S&P 500 after Barclays upgrades shares to Overweight from Equal Weight with a $28 price target, part of an upgrade of the entire the oil services and equipment sector to positive from neutral.Barclays believes the in...
Allied Energy (OTCMKTS:AGYP) is in an interesting position right now. The company is making strong strides toward a new way of potentially rapidly expanding production at a time when the broad supply/demand picture for oil is skewed in the company’s favor as investments in rekindl...
Image source: The Motley Fool. Patterson-UTI Energy Inc (NASDAQ: PTEN) Q1 2021 Earnings Call Apr 29, 2021 , 10:00 a.m. ET Operator Continue reading For further details see: Patterson-UTI Energy Inc (PTEN) Q1 2021 Earnings Call Transcript ...
Patterson-UTI Energy, Inc. (PTEN) Q1 2021 Earnings Conference Call April 29, 2021, 10:00 AM ET Company Participants Mike Drickamer - Vice President, Investor Relations Andy Hendricks - Chief Executive Officer Andy Smith - Chief Financial Officer Conference Call Participants Mike Sabella - Ban...
Patterson-UTI Energy Reports Financial Results for the Three Months Ended March 31, 2021 PR Newswire HOUSTON , April 29, 2021 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31...
Fiscal discipline and restrained capital spending by US shale producers is the most important driver of the rally in oil and energy stocks this year. With the US active rig count at 438 and closing in on a maintenance level of 500, the bulk of recovery in US drilling activity is in th...
Patterson-UTI Energy (NASDAQ:PTEN) is scheduled to announce Q1 earnings results on Thursday, April 29th, before market open.The consensus EPS Estimate is -$0.56 (+75.4% Y/Y) and the consensus Revenue Estimate is $239.55M (-46.3% Y/Y).Over the last 1 year, PTEN has beaten EPS estimates 75% of ...
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...
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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 ...