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as 07-26-2024 4:00pm EST
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. It also provides directional drilling services and tool rental services in most US onshore oil and gas basins.
| Founded: | 1978 | Country: | United States |
| Employees: | N/A | City: | HOUSTON |
| Market Cap: | 4.4B | IPO Year: | 1993 |
| Target Price: | $15.38 | AVG Volume (30 days): | 8.0M |
| Analyst Decision: | Buy | Number of Analysts: | 13 |
| Dividend Yield: | Dividend Payout Frequency: | Quarterly | |
| EPS: | 0.62 | EPS Growth: | -51.94 |
| 52 Week Low/High: | $9.51 - $16.18 | Next Earning Date: | 07-24-2024 |
| Revenue: | $4,865,014,000 | Revenue Growth: | 66.04% |
| Revenue Growth (this year): | 45.35% | Revenue Growth (next year): | 6.57% |
Stock Insider Trading Activity of Patterson-UTI Energy Inc. (PTEN)
| Name | Ticker | Relationship | Date | Transaction | Cost Per Share | Shares | Total Value | Securities Owned After Transaction(s) | SEC Form 4 |
|---|---|---|---|---|---|---|---|---|---|
| Gillard Matthew | PTEN | President-Completions | Jun 18 '24 | Sell | $9.87 | 60,000 | $592,200.00 | 114,692 | SEC Form 4 |
| Drummond Robert Wayne Jr | PTEN | Director | May 20 '24 | Sell | $11.55 | 150,000 | $1,732,500.00 | 2,007,895 | SEC Form 4 |
| Drummond Robert Wayne Jr | PTEN | Director | Feb 29 '24 | Sell | $11.73 | 187,916 | $2,204,254.68 | 2,473,239 | SEC Form 4 |
| Drummond Robert Wayne Jr | PTEN | Director | Feb 29 '24 | Sell | $11.76 | 65,344 | $768,445.44 | 2,407,895 | SEC Form 4 |
Latest Patterson-UTI Energy Inc. News
PTEN Breaking Stock News: Dive into PTEN Ticker-Specific Updates for Smart Investing
MT Newswires
10 hours ago
RBC Adjusts Patterson-UTI Energy's PT to $14 From $15, Maintains Outperform Rating
Thomson Reuters StreetEvents
12 hours ago
Q2 2024 Patterson-UTI Energy Inc Earnings Call
Associated Press Finance
2 days ago
Patterson-UTI: Q2 Earnings Snapshot
ACCESSWIRE
2 days ago
Patterson-UTI Energy Reports Financial Results for the Quarter Ended June 30, 2024
Argus Research
3 days ago
PTEN: Lowering target price to $8.00
Zacks
9 days ago
Analysts Estimate Patterson-UTI (PTEN) to Report a Decline in Earnings: What to Look Out for
Argus Research
10 days ago
PTEN: Raising target price to $9.00
MT Newswires
10 days ago
Stifel Adjusts Price Target on Patterson-UTI Energy to $16 From $19, Maintains Buy Rating
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