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PattersonUTI Energy (PTEN)

(Real Time Quote from BATS)

$9.80 USD

9.80
1,567,239

+0.02 (0.20%)

Updated Jul 10, 2024 02:16 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

Better trading starts here.

Zacks News

TechnipFMC (FTI) Wins Upto $1B iEPCI Contract From Aker BP

TechnipFMC's (FTI) iEPCI contract from Aker BP involves the engineering, procurement, construction, and installation of subsea production systems, controls, pipelines and umbilicals.

Patterson-UTI's (PTEN) Q4 Earnings: Another Beat in the Cards?

Higher revenues from the Contract Drilling and Pressure Pumping segments are likely to have boosted Patterson-UTI Energy's (PTEN) fourth-quarter results.

Patterson-UTI (PTEN) Stock Sinks As Market Gains: What You Should Know

In the latest trading session, Patterson-UTI (PTEN) closed at $16.01, marking a -1.54% move from the previous day.

Precision Drilling (PDS) Reports Next Week: Wall Street Expects Earnings Growth

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.

Shell (SHEL) to Merge Its Integrated Gas, Upstream Businesses

Shell plc (SHEL) plans to integrate gas and upstream operations and lower the size of its executive committee from nine to seven members for improved performance.

NOV to Report Q4 Earnings: Is the Stage Set for a Beat?

Higher revenues from the Rig Technologies and Wellbore Technologies segments are likely to have boosted NOV Inc.'s (NOV) fourth-quarter results.

Patterson-UTI (PTEN) Earnings Expected to Grow: 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.

CONSOL Energy (CEIX) to Post Q4 Earnings: What's in the Cards?

CEIX Energy's (CEIX) fourth-quarter earnings are likely to have benefited from improvements in production volumes and strong coal prices.

Is Atlassian (TEAM) Q2 Earnings Likely to Beat Estimates?

Atlassian's (TEAM) Q2 results are likely to reflect the benefits of the increased demand for its solutions amid accelerated digital transformation and cloud adoptions.

Avnet (AVT) to Report Q2 Earnings: What's in the Offing?

Avnet's (AVT) fiscal Q2 results are likely to witness growing demand for its electronic components. However, inflation and supply-chain challenges might have hurt sales & earnings growth.

Wall Street Analysts Look Bullish on Patterson-UTI (PTEN): Should You Buy?

According to the average brokerage recommendation (ABR), one should invest in Patterson-UTI (PTEN). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?

Shell (SHEL) Q4 Earnings Coming Up: Here's How It Will Fare

Per Shell (SHEL), its fourth-quarter profits would be impacted by some $2 billion due to the imposition of windfall taxes by the UK and European Union.

Liberty Energy (LBRT) Authorizes Expanded Buyback Program

The macro environment for oilfield service operators like Liberty Energy (LBRT) remains positive, thanks to robust commodity prices and improved fundamentals.

Patterson-UTI (PTEN) Stock Sinks As Market Gains: What You Should Know

Patterson-UTI (PTEN) closed the most recent trading day at $16.76, moving -0.95% from the previous trading session.

Is Magellan (MMP) Poised for Another Earnings Beat in Q4?

Higher refined products' tariffs and an increase in fee-based revenues are likely to have boosted Magellan Midstream's (MMP) profit levels in the fourth quarter.

Phillips 66 (PSX) Gears Up for Q4 Earnings: What's in Store?

Higher demand for its refined petroleum products is expected to have aided Phillips 66's (PSX) earnings in Q4.

TotalEnergies (TTE) to Post Q4 Earnings: What's in the Offing?

TotalEnergies' (TTE) fourth-quarter earnings are likely to have benefited from contributions from acquired assets and new startups, offset by the gradual suspension of operations in Russia.

Exxon (XOM) Brings an End to Routine Permian Gas Flaring

ExxonMobil takes steps to reduce greenhouse gas emissions in response to criticisms for having contributed to global warming and rising sea levels.

Wall Street Analysts See a 32.31% Upside in Patterson-UTI (PTEN): Can the Stock Really Move This High?

The consensus price target hints at a 32.3% upside potential for Patterson-UTI (PTEN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Patterson-UTI (PTEN) Crossed Above the 20-Day Moving Average: What That Means for Investors

Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?

Patterson-UTI (PTEN) Just Overtook the 50-Day Moving Average

Good things could be on the horizon when a stock surpasses the 50-Day simple moving average. How should investors react?

Can Marathon (MPC) Q4 Earnings Maintain the Beat Streak?

High refining margins are likely to have boosted Marathon Petroleum's (MPC) profit levels in the fourth quarter.

Murphy USA (MUSA) Headed for Strong Q4 Earnings: Know Why

Higher fuel sales and margins are likely to have boosted Murphy USA's (MUSA) profit levels in the fourth quarter.

Should Vanguard S&P SmallCap 600 Value ETF (VIOV) Be on Your Investing Radar?

Style Box ETF report for VIOV

Is a Beat in Store for Helmerich & Payne (HP) in Q1 Earnings?

Strong performance of its North America Solutions segment is likely to have boosted Helmerich & Payne's (HP) profit levels in the fiscal first quarter.