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PattersonUTI Energy (PTEN)

(Real Time Quote from BATS)

$8.96 USD

8.96
8,128,616

-0.71 (-7.34%)

Updated Aug 5, 2024 03:20 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 Buy24.03%
2Buy17.70%
3Hold9.37%
4Sell5.03%
5Strong Sell2.48%
S&P50011.19%

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4-Sell of 5       4  

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.

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A Value B Growth F 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

Top 41% (103 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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

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.

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

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.

Patterson-UTI (PTEN) Reports Q1 Loss, Tops Revenue Estimates

Patterson-UTI (PTEN) delivered earnings and revenue surprises of -1.79% and 0.77%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline

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) Posts Narrower-than-Expected Q4 Loss

Patterson-UTI's (PTEN) capital expenditure decreases to $10.4 million in Q4 from $64 million in the fourth quarter of 2019.

Patterson-UTI (PTEN) Reports Q4 Loss, Tops Revenue Estimates

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 8.06% and 0.54%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Should You Buy Patterson-UTI Energy (PTEN) Ahead of Earnings?

Patterson-UTI Energy (PTEN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Shell (RDS.A) Gears Up for Q4 Earnings: What's in Store?

Shell's (RDS.A) Q4 upstream production is estimated between 2,275 and 2,350 thousand barrels of oil equivalent per day (boe/d) after considering the impact of hurricanes on the Gulf of Mexico.

Things You Must Consider Before NOV Reports Q4 Earnings

NOV Inc. (NOV) beat the Zacks Consensus Estimate in three of the last four quarters and missed in the other, delivering an earnings surprise of 36.63%, on average.

Is a Beat in Store for Suncor (SU) This Earnings Season?

In the previous quarter, Suncor's (SU) downstream unit delivered solid results, a trend that is most likely to have continued in the fourth quarter because of strong refinery utilization.

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.

What's in Store for Valero Energy (VLO) in Q4 Earnings?

Lower contributions from refining business are likely to have affected Valero Energy's (VLO) Q4 earnings.

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Lower contributions from refining business are likely to have dented Phillips 66's (PSX) Q4 earnings.

Is A Beat Likely for Chevron (CVX) This Earnings Season?

Chevron's (CVX) cost-control moves are steadily impressive and are expected to have boosted fourth-quarter earnings and cash flows higher.

What's in Store for Core Laboratories (CLB) in Q4 Earnings?

Core Laboratories' (CLB) cost-saving measures are expected to have driven fourth-quarter earnings and cash flows higher.

What's in the Cards for Halliburton (HAL) in Q4 Earnings?

Halliburton's (HAL) encouraging cost-controlling efforts are likely to have aided its fourth-quarter earnings.

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4 Oil & Gas Drilling Stocks to Withstand Industry Turmoil

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.

Why Is Patterson-UTI (PTEN) Up 45.6% Since Last Earnings Report?

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Patterson UTI (PTEN) on the Downside Despite Q3 Earnings Beat

Patterson-UTI's (PTEN) capital expenditure decreases to $13.4 million in Q3 from $68 million in the third quarter of 2019.

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

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 1.64% and 4.30%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

What's in the Cards For Patterson-UTI (PTEN) in Q3 Earnings?

Patterson-UTI's (PTEN) Contract Drilling and Pressure Pumping segments are likely to have underperformed in the third quarter.

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.

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4 Top Energy Stocks to Buy Ahead of Q3 Earnings Release

Third-quarter results of the energy stocks are likely to reflect the recovery in prices. This improving trend should aid operators like PE, MUSA, PTEN and SOI.

Patterson-UTI (PTEN) Down 5.6% Since Last Earnings Report: Can It Rebound?

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.