Patterson-UTI Reports Drilling Activity for April 2025 |
HOUSTON, TX / ACCESS Newswire / May 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2025, the Company had an average of 108 drilling rigs operating in the United States. |
accessnewswire.com |
2025-05-05 21:10:00 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Reports Q1 Earnings: What Key Metrics Have to Say |
The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-05-05 14:35:41 |
Czytaj oryginał (ang.) |
Top Ideas From The Energy Scrap Heap |
The energy market's recent turmoil has led to significant declines in stock prices, presenting potential value in oversold companies like Kinetik Holdings, APA Corporation, and Patterson-UTI. KNTK, a midstream company, is expanding its asset base and offers a healthy balance sheet and a 7% dividend. APA, with a 6.5% dividend yield, has strong offshore potential in Suriname, promising significant future free cash flow despite current market challenges. |
seekingalpha.com |
2025-05-02 10:50:07 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy, Inc. (PTEN) Q1 2025 Earnings Call Transcript |
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2025 Earnings Conference Call April 24, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President and Chief Executive Officer Andrew Smith - Chief Financial Officer Conference Call Participants Arun Jayaram - JPMorgan Scott Gruber - Citigroup Atidrip Modak - Goldman Sachs Saurabh Pant - Bank of America Eddie Kim - Barclays Keith Mackey - RBC Capital Markets Stephen Gengaro - Stifel Dan Kutz - Morgan Stanley Connor Jensen - Raymond James Jeff LeBlanc - TPH and Co. Don Crist - Johnson Rice Sean Mitchell - Daniel Energy Partners Operator Thank you for standing-by. My name is Van, and I will be your conference operator today. |
seekingalpha.com |
2025-04-24 20:50:31 |
Czytaj oryginał (ang.) |
Patterson-UTI's Earnings and Revenues Surpass Estimates in Q1 |
PTEN expects selling, general and administrative expenses of $65 million, and depreciation, depletion, amortization and impairment expenses of $230 million for the second quarter. |
zacks.com |
2025-04-24 12:20:33 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Reports Break-Even Earnings for Q1 |
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.15 per share a year ago. |
zacks.com |
2025-04-24 01:25:27 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Reports Financial Results for the Quarter Ended March 31, 2025 |
HOUSTON, TX / ACCESS Newswire / April 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2025. |
accessnewswire.com |
2025-04-23 22:57:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy to Post Q1 Earnings: Here's What to Expect |
PTEN is expected to report lower revenues from the year-ago period. The company is anticipated to see a higher bottom line due to declining costs. |
zacks.com |
2025-04-17 12:06:05 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Expected to Beat Earnings Estimates: Should You Buy? |
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-16 15:05:50 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Announces First Quarter Earnings Conference Call and Webcast |
HOUSTON, TX / ACCESS Newswire / April 7, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, April 24, 2025, at 9:00 a.m. |
accessnewswire.com |
2025-04-07 22:45:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for March 2025 |
HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States. |
accessnewswire.com |
2025-04-03 20:20:00 |
Czytaj oryginał (ang.) |
Are Investors Undervaluing PattersonUTI Energy (PTEN) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2025-03-26 12:45:54 |
Czytaj oryginał (ang.) |
Despite Fast-paced Momentum, Patterson-UTI (PTEN) Is Still a Bargain Stock |
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Patterson-UTI (PTEN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen. |
zacks.com |
2025-03-26 11:51:15 |
Czytaj oryginał (ang.) |
3 Oil & Gas Drilling Stocks Navigating a Volatile Market |
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, RIG and HP. |
zacks.com |
2025-03-25 14:20:24 |
Czytaj oryginał (ang.) |
Why Is Patterson-UTI (PTEN) Down 14.7% Since Last Earnings Report? |
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2025-03-07 14:36:27 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for February 2025 |
HOUSTON, TEXAS / ACCESS Newswire / March 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States. |
accessnewswire.com |
2025-03-06 20:40:00 |
Czytaj oryginał (ang.) |
Patterson-UTI: High Torque To Increased Natural Gas Activity |
US drilling and completion activity looks to be stable in the near term. In the medium term, additional natural gas focused activity in the Haynesville shale represents a powerful driver for improved margins. LNG exports are expected to ramp by year-end 2025, which should be a catalyst to warrant renewed natural gas related activity. |
seekingalpha.com |
2025-02-13 09:52:37 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-12 12:36:43 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for January 2025 |
HOUSTON, TX / ACCESS Newswire / February 11, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2025, the Company had an average of 106 drilling rigs operating in the United States. |
accessnewswire.com |
2025-02-11 11:10:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy, Inc. (PTEN) Q4 2024 Earnings Call Transcript |
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q4 2024 Earnings Conference Call February 6, 2025 10:00 AM ET Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President and Chief Executive Officer Andrew Smith - Executive Vice President and Chief Financial Officer Conference Call Participants Jim Rollyson - Raymond James Waqar Syed - ATB Capital Markets Keith Mackey - RBC Capital Markets Sareeb Pant - Bank of America Eddie Kim - Barclays Kirk Hallead - Benchmark Jeff LeBlanc - TPH & Company Doug Decker - Capital One Securities Operator Thank you for standing by. My name is Rebecca and I will be your conference operator today. |
seekingalpha.com |
2025-02-06 18:38:02 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy's Q4 Earnings Fall Y/Y, Sales Lag Estimates |
PTEN expects capital expenditures for 2025 to be around $600 million, with each segment planning to spend less than in 2024. |
zacks.com |
2025-02-06 10:31:14 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Reports Q4 Loss, Lags Revenue Estimates |
Patterson-UTI (PTEN) came out with a quarterly loss of $0.12 per share versus the Zacks Consensus Estimate of a loss of $0.10. This compares to earnings of $0.19 per share a year ago. |
zacks.com |
2025-02-05 22:41:07 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Reports Financial Results for the Quarter Ended December 31, 2024 |
HOUSTON, TEXAS / ACCESS Newswire / February 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2024. |
accessnewswire.com |
2025-02-05 20:20:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy to Post Q4 Earnings: Here's What to Expect |
PTEN is expected to report lower revenues from the year-ago period. The company is anticipated to see a higher bottom line due to declining costs. |
zacks.com |
2025-02-04 08:55:17 |
Czytaj oryginał (ang.) |
Analysts Estimate Patterson-UTI (PTEN) to Report a Decline in Earnings: What to Look Out for |
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-01-29 13:06:16 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast |
HOUSTON, TX / ACCESSWIRE / January 14, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 6, 2025, at 9:00 a.m. |
accesswire.com |
2025-01-14 18:30:00 |
Czytaj oryginał (ang.) |
Why Goldman Sachs Just Upgraded These 3 Stocks and What It Means |
Investors often have access to the best minds on Wall Street without even knowing it most of the time, and this is a critical piece of information everyone should keep track of to reverse engineer what analysts are suddenly becoming bearish on. When Wall Street analysts decide to upgrade a stock's rating and valuation, it usually pays to attempt to understand the decision and its reasoning. |
marketbeat.com |
2025-01-14 09:15:06 |
Czytaj oryginał (ang.) |
Patterson-UTI price target lowered to $13 from $14 at Stifel |
Stifel analyst Stephen Gengaro lowered the firm's price target on Patterson-UTI to $13 from $14 and keeps a Buy rating on the shares. Heading into 2025, the firm expects "more of the same" in the Oil Services world as well limited macro-catalysts for the stocks, the analyst tells investors. |
https://thefly.com |
2025-01-06 13:07:58 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for December 2024 |
HOUSTON, TEXAS / ACCESSWIRE / January 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States. |
accesswire.com |
2025-01-06 10:38:00 |
Czytaj oryginał (ang.) |
VAL, PTEN, RIG: 3 Oil & Gas Drilling Stocks Holding Promise |
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN. |
zacks.com |
2025-01-03 12:01:49 |
Czytaj oryginał (ang.) |
Patterson-UTI: Cheap Despite Leading Yield And Buyback And Power Segment Potential |
Patterson-UTI Energy, Inc. underperformed its peer group in 2024. Rigs and pressure pumping are expected to see modest recoveries in 2025, helping to generate significant free cash flow. The dividend yield is already the best in the peer group, and we expect the large buyback to continue next year. |
seekingalpha.com |
2024-12-20 17:37:01 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for November 2024 |
HOUSTON, TEXAS / ACCESSWIRE / December 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States. |
accesswire.com |
2024-12-05 18:15:00 |
Czytaj oryginał (ang.) |
Why I'm Downranking Patterson-UTI To Hold |
Oilfield service company Patterson-UTI's market capitalization is $3.2 billion, and it pays a 3.9% dividend. It took a nearly $1 billion asset write-down in 3Q24. Although the new administration plans to encourage energy production, multi-billion-dollar upstream mergers involving most large public and private companies may condense drilling budgets. |
seekingalpha.com |
2024-12-05 05:42:41 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Up 4.9% Since Last Earnings Report: Can It Continue? |
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-11-22 14:36:43 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for October 2024 |
HOUSTON, TX / ACCESSWIRE / November 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of October 2024, the Company had an average of 105 drilling rigs operating in the United States. |
accesswire.com |
2024-11-05 20:20:00 |
Czytaj oryginał (ang.) |
Patterson-UTI: Prioritizing Free Cash Flow And Shareholder Returns |
The Q3 commentary suggested a delay in the rebound of U.S. oilfield activity. However, PTEN is actively managing capex and is able to turn out ample cash flow even at the current activity levels. The cash flow funds buybacks and dividends; PTEN basically pays investors to wait until the next catalyst, which will likely be a tightening of the U.S. natural gas market. |
seekingalpha.com |
2024-10-27 22:48:33 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy, Inc. (PTEN) Q3 2024 Earnings Call Transcript |
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q3 2024 Earnings Call October 24, 2024 10:00 AM ET Company Participants Michael Sabella - Investor Relations Andy Hendricks - President and Chief Executive Officer Andy Smith - Chief Financial Officer Conference Call Participants Scott Gruber - Citigroup Stephen Gengaro - Stifel Keith MacKey - RBC Capital Markets Ati Modak - Goldman Sachs Arun Jayaram - JPMorgan Waqar Syed - ATB Connor Jensen - Raymond James Saurabh Pant - Bank of America Kurt Hallead - Benchmark Company Eddie Kim - Barclays Operator Good morning. Thank you for standing by. |
seekingalpha.com |
2024-10-24 19:34:06 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates |
PTEN projects its fourth-quarter expenses to total $65 million for selling, general and administrative costs and $150 million for capital expenditures. |
zacks.com |
2024-10-24 11:51:11 |
Czytaj oryginał (ang.) |
Patterson-UTI (PTEN) Reports Break-Even Earnings for Q3 |
Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.20 per share a year ago. |
zacks.com |
2024-10-24 00:01:06 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2024 |
HOUSTON, TX / ACCESSWIRE / October 23, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended September 30, 2024. |
accesswire.com |
2024-10-23 21:40:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy to Report Q3 Earnings: What's in Store for the Stock? |
PTEN is expected to report higher revenues from the year-ago period. The company is anticipated to see a lower bottom line due to rising costs. |
zacks.com |
2024-10-21 12:26:08 |
Czytaj oryginał (ang.) |
Analysts Estimate Patterson-UTI (PTEN) to Report a Decline in Earnings: What to Look Out for |
Patterson-UTI (PTEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-17 15:05:52 |
Czytaj oryginał (ang.) |
Patterson-UTI Energy Announces Third Quarter Earnings Conference Call and Webcast |
HOUSTON, TX / ACCESSWIRE / October 14, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, October 24, 2024, at 9:00 a.m. |
accesswire.com |
2024-10-14 13:20:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for September 2024 |
HOUSTON, TX / ACCESSWIRE / October 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2024, the Company had an average of 107 drilling rigs operating in the United States. |
accesswire.com |
2024-10-03 21:30:00 |
Czytaj oryginał (ang.) |
Patterson-UTI and ADNOC Drilling Sign Agreements to Formalize the Previously Announced Joint Venture in the UAE |
HOUSTON, TX / ACCESSWIRE / September 30, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI TW Holdings LLC, has signed the previously announced joint venture agreement with a subsidiary of ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi. |
accesswire.com |
2024-09-30 13:30:00 |
Czytaj oryginał (ang.) |
Patterson-UTI Reports Drilling Activity for August 2024 |
HOUSTON, TX / ACCESSWIRE / September 9, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of August 2024, the Company had an average of 107 drilling rigs operating in the United States. |
accesswire.com |
2024-09-09 20:00:00 |
Czytaj oryginał (ang.) |
Why Is Patterson-UTI (PTEN) Down 13.6% Since Last Earnings Report? |
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? |
zacks.com |
2024-08-23 16:37:43 |
Czytaj oryginał (ang.) |
Patterson-UTI Is Cash Flow Positive And Offers Asymmetric Exposure To A Rebound In Natural Gas |
Patterson-UTI is cash flow positive despite U.S. oilfield activity being at a cyclical bottom. A rebound in natural gas drilling in 2025 will be a strong call on the company's premium equipment that is already in short supply. Even if gas drilling doesn't rebound soon, the generous buyback program should provide support for the stock price. |
seekingalpha.com |
2024-08-11 12:35:37 |
Czytaj oryginał (ang.) |
Patterson-UTI: If We Don't Get Recession Soon, Oil/Gas Could Soar |
Commodity cycles require downturns to cool demand and rebalance supply. Without them, spikes in crude oil and natural gas prices may become the norm. Patterson-UTI's valuation is now about the same as past recession lows during 2020, 2009, and 2001. Any unexpected upturn in oil/gas prices should lead to sizable investor gains in PTEN. Various technical momentum indicators have been reversing higher since May, which could be a good omen price will soon follow. |
seekingalpha.com |
2024-08-09 16:40:30 |
Czytaj oryginał (ang.) |