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About PTEN

Patterson-UTI Energy, Inc. engages in the provision of drilling and pressure pumping services, directional drilling, rental equipment, and technology. It operates through the following segments: Drilling Services, Completion Services, and Drilling Products. The Drilling Services segment represents contract drilling, directional drilling, oilfield technology, and electrical controls and automation businesses. The Completion Services segment offers hydraulic fracturing, wireline and pumping, completion support, cementing, and pressure pumping business. The Drilling Products segment focuses on manufacturing and distribution of drill bits business. The company was founded by Cloyce A. Talbott and A. Glenn Patterson in 1978 and is headquartered in Houston, TX.

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Latest PTEN news

Nov 12 5:00am ET Patterson-UTI price target lowered to $11 from $12 at Barclays by TipRanks Nov 06 12:20pm ET Citi sees rotation toward energy equities after Trump win by TipRanks Nov 05 6:25pm ET Patterson-UTI reports October drilling activity by TipRanks Oct 31 7:56am ET Patterson-UTI price target lowered to $10 from $11 at Citi by TipRanks Oct 28 8:56am ET Morgan Stanley Sticks to Its Hold Rating for Patterson-UTI (PTEN) by TipRanks Oct 28 7:36am ET Benchmark Co. Releases a Hold Rating on Patterson-UTI (PTEN) by TipRanks Oct 26 8:05am ET Patterson-UTI (PTEN) Gets a Hold from J.P. Morgan by TipRanks Oct 25 9:06am ET Patterson-UTI price target lowered to $11 from $12 at Raymond James by TipRanks Oct 25 7:51am ET Wall Street Analysts Are Bullish on Top Energy Picks by TipRanks Oct 25 7:41am ET Analysts Offer Insights on Energy Companies: Northern Oil And Gas (NOG), Patterson-UTI (PTEN) and NOV (NOV) by TipRanks Oct 24 9:55am ET Patterson-UTI (PTEN) Gets a Buy from Bank of America Securities by TipRanks Oct 23 5:50pm ET Patterson-UTI reports Q3 adjusted EPS 0c, consensus 3c by TipRanks Oct 23 5:50pm ET Patterson-UTI sees Q4 CapEx $150M by TipRanks Oct 18 8:27am ET Morgan Stanley Sticks to Its Hold Rating for Patterson-UTI (PTEN) by TipRanks Oct 14 7:50am ET Patterson-UTI price target lowered to $10.50 from $12.50 at BofA by TipRanks Oct 11 9:47pm ET RBC Capital Remains a Buy on Patterson-UTI (PTEN) by TipRanks Oct 11 9:00am ET Patterson-UTI price target lowered to $14 from $15 at Stifel by TipRanks Oct 05 2:57am ET Patterson-UTI reports September drilling activity by TipRanks Sep 30 9:40am ET Patterson-UTI, ADNOC sign agreements to formalize JV in UAE by TipRanks Sep 30 9:35am ET SLB, ADNOC Drilling, Patterson-UTI to create JV Turnwell Industries by TipRanks Sep 16 7:56am ET Patterson-UTI price target lowered to $10 from $12 at Morgan Stanley by TipRanks Sep 12 5:20pm ET Patterson-UTI price target lowered to $11 from $12.50 at Citi by TipRanks Sep 03 4:50pm ET Patterson-UTI Executive’s Extended Tenure and Post-Merger Terms by TipRanks Sep 03 6:33am ET Patterson-UTI Engages Investors with Informative Presentation by TipRanks Sep 02 3:30am ET Ex-Dividend Date Nearing for These 9 Stocks – Week of September 2, 2024 by TipRanks Aug 16 5:18am ET Patterson-UTI price target lowered to $14 from $15 at Barclays by TipRanks Aug 16 3:47am ET Barclays Remains a Buy on Patterson-UTI (PTEN) by TipRanks
Yesterday 11:31am ET Patterson-UTI (PTEN) Up 4.9% Since Last Earnings Report: Can It Continue? by Zacks Oct 24 6:50am ET Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates by Zacks Oct 23 7:00pm ET Patterson-UTI (PTEN) Reports Break-Even Earnings for Q3 by Zacks

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