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PattersonUTI Energy (PTEN)

(Real Time Quote from BATS)

$9.88 USD

9.88
942,135

+0.10 (1.02%)

Updated Jul 10, 2024 12:28 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

Nilanjan Choudhury headshot

Oil & Gas Stock Roundup: Valero and Marathon Hikes Dividends, Helmerich & Payne Reports Q1

Oil refiners Valero Energy (VLO) and Marathon Petroleum (MPC) raised their respective quarterly dividends, while driller Helmerich & Payne (HP) came out with better-than-expected Q1'18 results.

    Patterson-UTI Stock Falls After Explosion at Oklahoma Well

    Out of the 22 workers at the Patterson-UTI's (PTEN) drilling site, 16 escape with minor injuries.

      Patterson-UTI (PTEN) Up 5.3% Since Earnings Report: Can It Continue?

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

        Patterson-UTI (PTEN) Q3 Loss Lower Than Expected, Sales Miss

        Yet another quarter of solid contribution from Pressure Pumping segment drives Patterson-UTI's (PTEN) Q3 earnings.

          Patterson-UTI (PTEN) Rallies on MS Energy Acquisition Deal

          The acquisition of MS Energy bodes well for Patterson-UTI (PTEN), given the compelling strategic rationale of the transaction.

            Patterson-UTI Gains From Apex Rigs, Oil Concerns Remain

            We believe that high-quality fleet of drilling rigs will help Patterson-UTI (PTEN) generate high cash flow. But, weak oil prices continue to remain an overhang.

              Patterson-UTI (PTEN) Q2 Loss Lower than Expected, Sales Top

              Strong demand for high-spec rigs and higher revenues especially from the Pressure Pumping segment provided momentum to Patterson-UTI (PTEN) in Q2.

                Nilanjan Choudhury headshot

                What's in Store for Chevron (CVX) in Q2 Earnings?

                Weak realizations from sub-$50 oil will limit Chevron's (CVX) internally generated cash flow amid high capital spending and dividend payments.

                  Nilanjan Choudhury headshot

                  Royal Dutch Shell (RDS.A): What Will Q2 Earnings Unveil?

                  Weak realizations from sub-$50 oil will limit Royal Dutch Shell's (RDS.A) internally generated cash flow amid high capital spending and dividend payments.

                    Zacks.com featured highlights: Verisign, Cubic, Patterson-UTI Energy and Independent Bank

                    Zacks.com featured highlights: Verisign, Cubic, Patterson-UTI Energy and Independent Bank

                      Tirthankar Chakraborty headshot

                      4 Top Stocks that Boast Solid Earnings Acceleration

                      Studies have shown that majority of successful stocks had seen acceleration in earnings before a positive stock price movement

                        Patterson-UTI Energy (PTEN) Down 1.9% 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.

                          Patterson-UTI (PTEN) Posts Narrower-Than-Expected Q1 Loss

                          Patterson-UTI Energy Inc. reported first-quarter 2017 loss per share of 42 cents, narrower than the Zacks Consensus Estimate which was pegged at a loss of 44 cents.

                            Tirthankar Chakraborty headshot

                            5 Stocks with Earnings Acceleration to Buy Now

                            Earnings acceleration should be viewed as a key metric for share price outperformance

                              Joseph Lu headshot

                              Here's Why Natural Gas Prices Soared Today

                              There was some good news for natural gas suppliers and investors but bad news for the people living the in the central and west-central areas of the United States.

                                Why Is Patterson-UTI Energy (PTEN) Down 9.3% Since the Last Earnings Report?

                                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 in Line with Estimates

                                  Contract driller Patterson-UTI's (PTEN) Q4 loss came in line with estimates as a pick-up in drilling activity was offset by tight margins.

                                    Energy Stocks Q4 Earnings on Feb 9: EGN, OXY, PTEN, CDEV

                                    Compilation of earnings preview for Oil Stocks Q4 Earnings Slated for Feb 9: EGN, OXY, PTEN, CDEV

                                      Patterson-UTI Energy (PTEN): What to Expect in Q4 Earnings?

                                      Independent oil refiner and marketer Patterson-UTI Energy, Inc. (PTEN) is expected to release its fourth-quarter 2016 results before the opening bell on Thursday, Feb 9.

                                        Patterson-UTI (PTEN) Prices Common Stock in Public Offering

                                        Onshore contract driller Patterson-UTI Energy Inc. (PTEN) announced the pricing of 15.8 million shares of its common stock.

                                          Nilanjan Choudhury headshot

                                          Helmerich & Payne (HP) Posts Wider-Than-Expected Q1 Loss

                                          Contract driller Helmerich & Payne (HP) reported a wider-than-expected Q1 loss, but management remained optimistic on encouraging signs of market improvement.

                                            Company News for December 14, 2016

                                            Companies In the News are: PAY,LLY,BUD,PTEN,SSEIQ

                                              The Zacks Analyst Blog Highlights: Chevron, Patterson-UTI Energy, Sinopec and Suncor Energy

                                              The Zacks Analyst Blog Highlights: Chevron, Patterson-UTI Energy, Sinopec and Suncor Energy

                                                Patterson-UTI to Purchase Seventy Seven Energy for $1.76B

                                                Onshore contract driller Patterson-UTI Energy Inc. (PTEN) and Seventy Seven Energy Inc. (SVNT) recently reported that they have entered into a definitive merger agreement.