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PattersonUTI Energy (PTEN)

(Real Time Quote from BATS)

$9.83 USD

9.83
1,635,110

+0.05 (0.51%)

Updated Jul 10, 2024 02:26 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.

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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

Better trading starts here.

Zacks News

Patterson-UTI (PTEN) Jumps: Stock Rises 7%

Patterson-UTI (PTEN) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

Why Is Patterson-UTI (PTEN) Down 25.4% 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.

Nilanjan Choudhury headshot

Patterson-UTI (PTEN) Reports Narrower Q1 Loss, Revenues Beat

Patterson-UTI's (PTEN) contract drilling segment recorded operating income of $21.2 million, turning around from the loss of $17.1 million in the year-earlier quarter.

Enrich Your Portfolio With 5 Oil Stocks for a Likely Q1 Beat

With oil popping up to $60.55 a barrel, the March quarter witnesses the fastest rate of oil price hike since 2009.

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.

Why Is Patterson-UTI (PTEN) Down 0.3% 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) Reports Narrower-Than-Expected Q4 Loss

Patterson-UTI (PTEN) cuts its spending levels for 2019 by around 27% and now expects capital outlay to stand at $465 million.

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

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 71.43% and -0.54%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?

Nilanjan Choudhury headshot

MPLX Q4 Earnings: Key Factors to Know Ahead of the Release

In Q4, MPLX LP (MPLX) is expected to gain from stronger earnings in both segments. Yet, rising interest cost and capital expenditure remain concerns.

TOTAL (TOT) to Report Q4 Earnings: What's in the Offing?

TOTAL (TOT) is unlikely to surpass the Zacks Consensus Estimate when it reports fourth-quarter earnings on Feb 7, 2019.

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.

Weak Oil, Refining Margins to Mar Shell (RDS.A) Q4 Earnings

While higher natural gas prices may aid Shell's (RDS.A) integrated gas segment, the firm is likely to come up with weaker results amid tepid upstream and downstream performance.

Nabors (NBR) Sinks 66% Over a Year: Can it Make a Comeback?

Nabors' (NBR) joint venture with Saudi Aramco, steady U.S. onshore outlook, rising margins in Lower 48 along with management's deep focus to shore up its financials raise optimism.

WPX Energy (WPX) Q3 Earnings Lag Estimates, Revenues Up Y/Y

Despite strong production and improved realized price, WPX Energy's (WPX) Q3 earnings miss estimates due to higher cost and expenses.

Patterson-UTI (PTEN) Q3 Earnings & Revenues Beat, Stock Up

Patterson-UTI (PTEN) bought back 2.9 million shares for $50 million during the third quarter.

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

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 16.67% and 3.32%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?

Patterson-UTI (PTEN) Q3 Earnings Preview: What to Watch Ahead of the Release

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.

Precision (PDS) Outbids Ensign in C$1.03B Buyout of Trinidad

Precision Drilling (PDS) would make up for approximately 30% of the contract drilling market in Canada, following Trinidad's acquisition.

Patterson-UTI Down 22% YTD on Weak Pressure Pumping Unit

Patterson-UTI (PTEN) is bearing the brunt of sluggish operations from its pressure pumping unit and higher rig operating costs.

    Patterson-UTI (PTEN) Q2 Earnings Lag Estimates, Improve Y/Y

    During the second quarter, direct operating expenses of Patterson-UTI (PTEN) surge 45.5% year over year to $621.8 million hurting its results.

      Patterson-UTI Energy (PTEN) Up 4.2% Since Earnings Report: Can It Continue?

      Patterson-UTI Energy (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) Q1 Loss Wider Than Expected, Sales Top

        Patterson-UTI's (PTEN) first-quarter operating expenses surge more than 150% year over year, affecting the bottom line.

          Patterson-UTI Energy (PTEN) Down 12.9% Since Earnings Report: Can It Rebound?

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

            Nilanjan Choudhury headshot

            Patterson-UTI (PTEN) Q4 Loss Wider Than Expected on Costs

            Rebounding commodity prices and higher activity combined to catapult Patterson-UTI's (PTEN) revenues more than 200% over the previous year.

              The Zacks Analyst Blog Highlights: Valero Energy, Marathon Petroleum, Helmerich & Payne, McDermott International and Patterson-UTI Energy

              The Zacks Analyst Blog Highlights: Valero Energy, Marathon Petroleum, Helmerich & Payne, McDermott International and Patterson-UTI Energy