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PattersonUTI Energy (PTEN)

(Delayed Data from NSDQ)

$9.81 USD

9.81
4,438,231

+0.03 (0.31%)

Updated Jul 10, 2024 04:00 PM ET

After-Market: $9.82 +0.01 (0.10%) 4:18 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value A Growth A Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 28% (179 out of 250)

Industry: Oil and Gas - Drilling

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Zacks News

Zacks Industry Outlook Highlights: Helmerich & Payne, Transocean, Patterson-UTI Energy, and Nabors Industries

by Zacks Equity Research

Helmerich & Payne, Transocean, Patterson-UTI Energy, and Nabors Industries are highlighted n this Industry Outlook article.

Equinor (EQNR), BP Finalize Offshore Wind Projects in New York

by Zacks Equity Research

The projects set Equinor (EQNR) and BP on the path to offer more than 3.3 GW of offshore wind power to New York.

Nilanjan Choudhury headshot

These 4 Oil & Gas Drilling Stocks Are Worth a Closer Look

by Nilanjan Choudhury

An increase in contracting activity and supportive dynamics should help the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) enjoy some upside momentum.

Eni (E) Acquires Solar Konzept Greece Amid Clean Energy Plan

by Zacks Equity Research

With the acquisition, Eni (E) extends its renewable energy footprint to Greece as it aims to reach carbon neutrality by 2050.

Zacks.com featured highlights include: Eldorado Gold, PattersonUTI Energy, UBS Group AG and Park Hotels & Resorts

by Zacks Equity Research

Eldorado Gold, PattersonUTI Energy, UBS Group AG and Park Hotels & Resorts are included in this blog.

W&T Offshore (WTI) to Acquire Gulf of Mexico Assets for $47M

by Zacks Equity Research

The acquisition is expected to increase W&T Offshore's (WTI) acreage by 57,500 gross acres in the Gulf of Mexico.

Tirthankar Chakraborty headshot

4 Stocks to Buy for Stellar Earnings Acceleration

by Tirthankar Chakraborty

Invest in Eldorado Gold (EGO), PattersonUTI Energy (PTEN), UBS & Park Hotels & Resorts (PK) on their superb earnings acceleration.

Equinor (EQNR) Announces Oil Discovery in Offshore Norway

by Zacks Equity Research

Equinor (EQNR) finds new oil in exploration wells 35/10-7 S and 35/10-7 A in the Toppand prospect.

Patterson-UTI (PTEN) Suffers Loss in Q3, Beats on Sales

by Zacks Equity Research

In third-quarter 2021, Patterson-UTI (PTEN) spends $34.3 million on capital programs compared with $13.4 million invested a year ago.

Patterson-UTI (PTEN) Reports Q3 Loss, Tops Revenue Estimates

by Zacks Equity Research

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 0.00% and 0.56%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Benjamin Rains headshot

How to Find Cheap Stocks Under $10 to Buy for November

by Benjamin Rains

Given this backdrop, investors likely want to consider adding stocks as we head into November. Today, we utilized our Zacks screener to find highly-ranked stocks trading for under $10 a share to consider amid the current market resurgence...

Will Patterson-UTI (PTEN) Report Negative Earnings Next Week? What You Should Know

by Zacks Equity Research

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.

Patterson-UTI (PTEN) Is Up 9.51% in One Week: What You Should Know

by Zacks Equity Research

Does Patterson-UTI (PTEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Patterson-UTI (PTEN) Closes Buyout Deal With Pioneer Energy

by Zacks Equity Research

With the Pioneer buyout, Patterson-UTI (PTEN) owns 166 super-spec rigs in the United States with nearly half the specimens being outfitted with alternative power sources to curb toxic emissions.

Nilanjan Choudhury headshot

Why Investors Should Focus on These 4 Oil & Gas Drilling Stocks

by Nilanjan Choudhury

Sound cost control and stronger operating efficiencies should enable the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) navigate the challenging times with relative ease.

Patterson-UTI (PTEN) Stock Down 9.4% Since Q2 Earnings Release

by Zacks Equity Research

In second-quarter 2021, Patterson-UTI (PTEN) spends $38.1 million on capital programs compared with $49.7 million invested a year ago.

Patterson-UTI (PTEN) Reports Q2 Loss, Lags Revenue Estimates

by Zacks Equity Research

Patterson-UTI (PTEN) delivered earnings and revenue surprises of -3.85% and -1.00%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Shell (RDS.A) to Appeal Against Court's Climate Target Decision

by Zacks Equity Research

Shell (RDS.A) decides to appeal against the Dutch court's decision as it believes that a court judgment against a single company is not effective.

Will Patterson-UTI (PTEN) Report Negative Earnings Next Week? What You Should Know

by Zacks Equity Research

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.

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Shell's Q2 Update, Eni's Ghana Find & More

by Nilanjan Choudhury

Apart from Royal Dutch Shell (RDS.A) and Eni (E), there were news from Patterson-UTI Energy (PTEN), Chevron (CVX) and TechnipFMC (FTI) during the week.

Patterson-UTI (PTEN) Inks Acquisition Deal With Pioneer Energy

by Zacks Equity Research

With the Pioneer buyout, Patterson-UTI (PTEN) will own 166 super-spec rigs in the United States with nearly half the specimens being outfitted with alternative power sources to curb toxic emissions.

Patterson-UTI (PTEN) Moves 10.9% Higher: Will This Strength Last?

by Zacks Equity Research

Patterson-UTI (PTEN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

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Best Energy ETFs & Stocks of Last Week

by Sweta Killa

We have highlighted five ETFs & stocks that were at the forefront of the energy sector rally last week.

Patterson-UTI (PTEN) Q1 Loss Wider Than Expected, Revenues Meet

by Zacks Equity Research

Patterson-UTI (PTEN) reports $214 million in cash and cash equivalents, and $901.7 million as long-term debt at the end of the first quarter.

Nilanjan Choudhury headshot

4 Stocks From the Oil & Gas Drilling Industry to Watch Out For

by Nilanjan Choudhury

Driven by greatly reduced costs amid stronger operating efficiencies, the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) are well equipped to deal with the prevailing market headwinds.