Patterson-UTI Energy, Inc. - Common Stock (PTEN)
8.4400
+0.2300 (2.80%)
Patterson-Uti Energy is a leading provider of drilling and pressure pumping services to the oil and natural gas exploration and production industry
The company specializes in offering a wide range of services, including land drilling, pressure pumping, and oilfield rental equipment, aiming to enhance the efficiency and effectiveness of drilling operations for its clients. With a focus on advanced technology and operational excellence, Patterson-Uti Energy works closely with energy producers to respond to the evolving demands of the energy market, ensuring safe and reliable service delivery in a competitive landscape.
Previous Close | 8.210 |
---|---|
Open | 8.230 |
Bid | 8.430 |
Ask | 8.440 |
Day's Range | 8.230 - 8.480 |
52 Week Range | 7.150 - 12.65 |
Volume | 8,884,580 |
Market Cap | 1.76B |
PE Ratio (TTM) | -3.751 |
EPS (TTM) | -2.3 |
Dividend & Yield | 0.3200 (3.79%) |
1 Month Average Volume | 8,652,195 |
News & Press Releases
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HOUSTON, TX / ACCESSWIRE / October 14, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) will host a conference call on Thursday, October 24, 2024, at 9:00 a.m. Central Time to discuss results for the third quarter ended September 30, 2024.
Via ACCESSWIRE · October 14, 2024
![](https://cdn.benzinga.com/files/images/story/2023/analyst_ratings_image_2.jpeg?width=1200&height=800&fit=crop)
Via Benzinga · October 11, 2024
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HOUSTON, TX / ACCESSWIRE / October 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of September 2024, the Company had an average of 107 drilling rigs operating in the United States. For the three months ended September 30, 2024, the Company had an average of 107 drilling rigs operating in the United States.
Via ACCESSWIRE · October 3, 2024
![](https://cdn.benzinga.com/files/images/story/2024/10/01/What-Consultants-Do.jpeg?width=1200&height=800&fit=crop)
Schlumberger N.V. and ADNOC Drilling form JV with Patterson-UTI Energy to accelerate UAE's unconventional oil and gas program, targeting 144 wells by 2025.
Via Benzinga · October 1, 2024
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HOUSTON, TX / ACCESSWIRE / September 30, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) ("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. As part of the agreement, Patterson-UTI will hold a 15% minority equity interest in Turnwell Industries LLC OPC ("Turnwell"), a company recently formed by ADNOC Drilling. Turnwell has been awarded a contract to drill and complete 144 unconventional wells for Abu Dhabi National Oil Company (ADNOC). The ADNOC Drilling subsidiary will hold a 55% majority stake, while SLB will hold a 30% interest.
Via ACCESSWIRE · September 30, 2024
![](https://cdn.benzinga.com/files/images/story/2023/analyst_ratings_image_2.jpeg?width=1200&height=800&fit=crop)
Via Benzinga · August 16, 2024
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HOUSTON, TX / ACCESSWIRE / August 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of July 2024, the Company had an average of 108 drilling rigs operating in the United States.
Via ACCESSWIRE · August 5, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / July 24, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported financial results for the quarter ended June 30, 2024.
Via ACCESSWIRE · July 24, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / January 14, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) will host a conference call on Thursday, February 6, 2025, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2024.
Via ACCESSWIRE · January 14, 2025
![](https://www.marketbeat.com/logos/articles/med_20250113093929_why-goldman-sachs-just-upgraded-these-3-stocks-and.png)
Goldman Sachs recently boosted these three stocks on the back of their 2025 macro outlook report, connecting the dots for investors.
Via MarketBeat · January 14, 2025
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HOUSTON, TEXAS / ACCESSWIRE / January 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of December 2024, the Company had an average of 104 drilling rigs operating in the United States. For the three months ended December 31, 2024, the Company had an average of 105 drilling rigs operating in the United States.
Via ACCESSWIRE · January 6, 2025
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TEXAS / ACCESSWIRE / December 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States. For the two months ended November 30, 2024, the Company had an average of 105 drilling rigs operating in the United States.
Via ACCESSWIRE · December 5, 2024
While the future of the oil and gas industry is evolving, there remains a strong case for investing in oil drilling stocks, particularly for investors with a long-term perspective.
Via Talk Markets · November 11, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / November 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of October 2024, the Company had an average of 105 drilling rigs operating in the United States.
Via ACCESSWIRE · November 5, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / October 23, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported financial results for the quarter ended September 30, 2024.
Via ACCESSWIRE · October 23, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / September 9, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of August 2024, the Company had an average of 107 drilling rigs operating in the United States. For the two months ended August 31, 2024, the Company had an average of 108 drilling rigs operating in the United States.
Via ACCESSWIRE · September 9, 2024
![](https://cdn.benzinga.com/files/images/story/2023/analyst_ratings_image_0.jpeg?width=1200&height=800&fit=crop)
Via Benzinga · September 4, 2024
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HOUSTON, TX / ACCESSWIRE / July 15, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) will host a conference call on Thursday, July 25, 2024, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2024.
Via ACCESSWIRE · July 15, 2024
![](https://cdn.benzinga.com/files/images/story/2023/analyst_ratings_image_0.png?width=1200&height=800&fit=crop)
Via Benzinga · July 11, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / July 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) 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 rigs operating in the United States.
Via ACCESSWIRE · July 3, 2024
![](https://investorplace.com/wp-content/uploads/2023/10/oil-price-predictions1600.png)
With the world continuing to depend on hydrocarbons, these discounted oil stocks offer investors an enticing narrative.
Via InvestorPlace · July 1, 2024
![](https://edge-cdn.isdr.io/accesswire/Accesswire_256x256.png )
HOUSTON, TX / ACCESSWIRE / June 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQPTEN) today reported that for the month of May 2024, the Company had an average of 114 drilling rigs operating in the United States. For the two months ended May 31, 2024, the Company had an average of 115 drilling rigs operating in the United States.
Via ACCESSWIRE · June 6, 2024
![](https://cdn.benzinga.com/files/images/story/2024/05/13/Oil-oilfield-shutterstock.jpeg?width=1200&height=800&fit=crop)
Patterson-UTI subsidiary inks term sheet with ADNOC Drilling for minority equity interest in newly formed Turnwell Industries.
Via Benzinga · May 13, 2024