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Zacks News
Should You Invest in the Invesco S&P SmallCap Energy ETF (PSCE)?
by Zacks Equity Research
Sector ETF report for PSCE
Zacks.com featured highlights include e.l.f. Beauty, Parker-Hannifin, Frontdoor, Patterson-UTI Energy and CenterPoint Energy
by Zacks Equity Research
e.l.f. Beauty, Parker-Hannifin, Frontdoor, Patterson-UTI Energy and CenterPoint Energy are part of the Zacks Screen of the Week article.
Bet on 5 Top-Ranked Stocks With Upgraded Broker Ratings
by Swayta Shah
As brokers have a deeper insight into stocks, one must follow rating upgrades for solid returns. We select e.l.f. Beauty (ELF), Parker-Hannifin (PH), Frontdoor (FTDR), Patterson-UTI Energy (PTEN) and CenterPoint Energy (CNP) as these witness rating upgrades.
Here's Why You Should Consider Buying Hess (HES) Stock Now
by Zacks Equity Research
With a scheduled four-rig drilling initiative in this region, Hess (HES) expects to bring around 110 new wells online in 2023, bolstering its production outlook.
Why Patterson-UTI (PTEN) is a Top Value Stock for the Long-Term
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here's Why Hold Strategy is Apt for Crestwood (CEQP) Stock Now
by Zacks Equity Research
Crestwood (CEQP) is steadfast in its commitment to allocating all free cash flow following distributions to reduce debt throughout 2023.
ExxonMobil (XOM) Considers Pioneer Shale Driller Acquisition
by Zacks Equity Research
The acquisition will offer ExxonMobil (XOM) a leading position in the Permian Basin, an area crucial to its growth plans.
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
by Zacks Equity Research
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
3 Zacks Rank Additions Energy Investors Can Buy Right Now
by Nilanjan Choudhury
Patterson-UTI Energy (PTEN), APA Corporation (APA) and HF Sinclair (DINO) enjoy upward trending earnings revisions and a discounted valuation.
Best Momentum Stock to Buy for October 5th
by Zacks Equity Research
PTEN made it to the Zacks Rank #1 (Strong Buy) momentum stock list on October 5, 2023.
Here's Why Patterson-UTI (PTEN) is a Strong Growth Stock
by Zacks Equity Research
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Best Income Stock to Buy for October 5th
by Zacks Equity Research
PTEN made it to the Zacks Rank #1 (Strong Buy) income stock list on October 5, 2023.
New Strong Buy Stocks for October 5th
by Zacks Equity Research
EONGY, BWEN, PTEN, AIT and LPSN have been added to the Zacks Rank #1 (Strong Buy) List on October 5, 2023.
Patterson-UTI (PTEN) and NexTier Form New Oilfield Company
by Zacks Equity Research
Patterson-UTI (PTEN) and NexTier Oilfield Solutions complete their merger to create a leading U.S. drilling and completions provider.
Why Is Patterson-UTI (PTEN) Down 9.5% Since Last Earnings Report?
by Zacks Equity Research
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) Closes Ulterra Drilling Acquisition Deal
by Zacks Equity Research
Patterson-UTI (PTEN) is set to benefit from Ulterra's drill bit technology and its cutting-edge data insights as a result of its Ulterra acquisition deal.
Zacks Industry Outlook Highlights Seadrill, Patterson-UTI Energy and Precision Drilling
by Zacks Equity Research
Seadrill, Patterson-UTI Energy and Precision Drilling are part of the Zacks Industry Outlook article.
3 Stocks in the Oil & Gas Drilling Industry With Steady Growth Paths
by Nilanjan Choudhury
With the Zacks Oil and Gas - Drilling market holding up pretty well, we prioritize companies like SDRL, PTEN and PDS over others.
Patterson-UTI (PTEN) Q2 Earnings In Line, Revenues Rise Y/Y
by Zacks Equity Research
Patterson-UTI (PTEN) reduces capex to $485 million for second-half 2023, targeting $280 million for contract drilling, $140 million for pressure pumping and $20 million for directional drilling in Q3.
Patterson-UTI (PTEN) Reports Q2 Earnings: What Key Metrics Have to Say
by Zacks Equity Research
The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Patterson-UTI (PTEN) Q2 Earnings Meet Estimates
by Zacks Equity Research
Patterson-UTI (PTEN) delivered earnings and revenue surprises of 0% and 2.77%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
Precision Drilling (PDS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
by Zacks Equity Research
Precision Drilling (PDS) 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) Earnings Expected to Grow: Should You Buy?
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.
Oil & Gas Stock Roundup: Shell's Q2 Update & Chevron's Acquisition in Focus
by Nilanjan Choudhury
Shell (SHEL), Chevron (CVX), Patterson-UTI Energy (PTEN), TC Energy (TRP) and Expro Group Holdings (XPRO) were the energy headline makers during the week.
Patterson-UTI (PTEN) to Buy Ulterra, Strengthen Portfolio
by Zacks Equity Research
The acquisition of Ulterra will expand Patterson-UTI's (PTEN) operational and technology portfolio, strengthening its market presence in drilling and completions.