7.6798

3.89% 0.2598

Patterson Uti Energy Inc (PTEN)

Overview News Price History Option Chain Financials Discussions Forecast Stock Split Dividend History

Patterson Uti Energy Inc stock is traded at $7.6798, with a volume of 5.88M. It is up +3.89% in the last 24 hours and down -9.09% over the past month. 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.

Previous Close:

$7.42

Open:

$7.51

24h Volume:

5.88M

Relative Volume:

0.79

Market Cap:

$2.98B

Revenue:

$5.45B

Net Income/Loss:

$124.31M

P/E Ratio:

4.7999

EPS:

1.6

Net Cash Flow:

$448.98M

1W Performance:

-3.40%

1M Performance:

-9.09%

6M Performance:

-27.82%

1Y Performance:

-39.92%

1-Day Range:

$7.445

$7.785

1-Week Range:

$7.375

$8.005

52-Week Range:

$7.375

$13.10

Patterson Uti Energy Inc Stock (PTEN) Company Profile

Name

Patterson Uti Energy Inc

Sector

Energy (249)

Industry

Oil & Gas Drilling (9)

Phone

(281) 765-7100

Address

10713 WEST SAM HOUSTON PARKWAY NORTH, HOUSTON

Employee

10,600

Twitter

Next Earnings Date

2024-10-24

Latest SEC Filings

PTEN's Discussions on Twitter

Patterson Uti Energy Inc Stock (PTEN) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
Jan-16-24	Downgrade	The Benchmark Company	Buy → Hold
Dec-19-23	Initiated	Goldman	Neutral
Oct-17-23	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Oct-16-23	Upgrade	BofA Securities	Neutral → Buy
Oct-09-23	Upgrade	Citigroup	Neutral → Buy
Sep-05-23	Initiated	Stifel	Buy
Jul-19-23	Upgrade	The Benchmark Company	Hold → Buy
Jul-10-23	Upgrade	RBC Capital Mkts	Sector Perform → Outperform
Jun-28-23	Initiated	CapitalOne	Equal Weight
Jan-19-23	Initiated	The Benchmark Company	Hold
Jan-17-23	Downgrade	Citigroup	Buy → Neutral
Dec-09-22	Initiated	Raymond James	Strong Buy
Oct-07-22	Resumed	Piper Sandler	Overweight
Jul-15-22	Downgrade	BofA Securities	Buy → Neutral
Jun-01-22	Downgrade	Piper Sandler	Overweight → Neutral
May-26-22	Upgrade	JP Morgan	Underweight → Neutral
Apr-19-22	Initiated	The Benchmark Company	Buy
Dec-21-21	Upgrade	Piper Sandler	Neutral → Overweight
Dec-10-21	Upgrade	Citigroup	Neutral → Buy
Dec-07-21	Upgrade	Morgan Stanley	Equal-Weight → Overweight
Nov-02-21	Upgrade	BofA Securities	Underperform → Buy
Sep-09-21	Resumed	RBC Capital Mkts	Sector Perform
Jun-23-21	Upgrade	Evercore ISI	In-line → Outperform
May-03-21	Upgrade	Barclays	Equal Weight → Overweight
Jul-16-20	Downgrade	Scotiabank	Sector Perform → Sector Underperform
Apr-27-20	Downgrade	Gabelli & Co	Buy → Hold
Apr-14-20	Downgrade	Cowen	Outperform → Market Perform
Apr-06-20	Upgrade	Bernstein	Underperform → Mkt Perform
Mar-19-20	Downgrade	Wolfe Research	Peer Perform → Underperform
Mar-16-20	Downgrade	Morgan Stanley	Overweight → Equal-Weight
Mar-13-20	Downgrade	Piper Sandler	Overweight → Neutral
Mar-10-20	Downgrade	Raymond James	Strong Buy → Mkt Perform
Mar-09-20	Downgrade	BofA/Merrill	Neutral → Underperform
Mar-09-20	Downgrade	Evercore ISI	Outperform → In-line
Jan-14-20	Initiated	Bernstein	Underperform
Dec-13-19	Downgrade	JP Morgan	Neutral → Underweight
Dec-03-19	Downgrade	Credit Suisse	Neutral → Underperform
Nov-20-19	Initiated	Deutsche Bank	Sell
Oct-08-19	Downgrade	BofA/Merrill	Buy → Neutral
Sep-30-19	Downgrade	Citigroup	Buy → Neutral
Sep-26-19	Initiated	Barclays	Equal Weight
Aug-28-19	Reiterated	BofA/Merrill	Buy
Aug-02-19	Downgrade	Jefferies	Buy → Hold
Jun-27-19	Downgrade	Wells Fargo	Outperform → Market Perform

View All

Patterson Uti Energy Inc Stock (PTEN) Latest News

03:30 AM

Patterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $10.00 by Analysts at Citigroup - Defense World

03:30 AM

Nov 02, 2024

Patterson-UTI Energy (NASDAQ:PTEN) Sets New 52-Week Low on Analyst Downgrade - Defense World

Nov 02, 2024

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Given Average Recommendation of “Moderate Buy” by Analysts - Defense World

Nov 02, 2024

Creative Planning Acquires 65,570 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - Defense World

Nov 02, 2024

Nov 01, 2024

Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates - MSN

Nov 01, 2024

Patterson UTI stock hits 52-week low at $7.43 amid market challenges By Investing.com - Investing.com South Africa

Nov 01, 2024

Patterson UTI stock hits 52-week low at $7.43 amid market challenges - Investing.com India

Nov 01, 2024

Oct 29, 2024

Patterson-UTI Energy's (NASDAQ:PTEN) Dividend Will Be $0.08 - Simply Wall St

Oct 29, 2024

Oct 27, 2024

Patterson-UTI: Prioritizing Free Cash Flow And Shareholder Returns (NASDAQ:PTEN) - Seeking Alpha

Oct 27, 2024

Patterson-UTI Energy (NASDAQ:PTEN) Is Paying Out A Dividend Of $0.08 - Yahoo Finance

Oct 27, 2024

Oct 25, 2024

Earnings call: Patterson-UTI reports mixed Q3 results amid market challenges - Investing.com Canada

Oct 25, 2024

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q3 2024 Earnings Call Transcript - Insider Monkey

Oct 25, 2024

Patterson-UTI stock near 52-week low—can cash flow offset weak margins? - Investing.com

Oct 25, 2024