Back to top
more

PattersonUTI Energy (PTEN)

(Delayed Data from NSDQ)

$9.67 USD

9.67
7,936,232

-0.54 (-5.29%)

Updated Aug 2, 2024 04:00 PM ET

After-Market: $9.68 +0.01 (0.10%) 7:58 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%

Zacks Rank Education - Learn about the Zacks Rank

Zacks Rank Home - Zacks Rank resources in one place

Zacks Premium - The only way to fully access the Zacks Rank

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.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

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%.

Zacks Rank Education -- Learn more about the Zacks Rank
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

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.

Core Labs (CLB) Reveals Plans to Transfer Domicile to U.S.

Core Labs plans to relocate from the Netherlands to the United States to increase shareholder value over time by streamlining its corporate structure, enhancing operational effectiveness and reducing cost.

Shell (SHEL), Partners Announce First Gas From Oman Asset

Gas production from Block 10 is expected to meet Oman's gas shortage and reach 500 million standard cubic feet per day (bscf/d) by mid-2024.

Shell's (SHEL) Prelude FLNG Restarts First Cargo Since Fire

After being suspended for almost a month, the oil and gas giant Shell (SHEL) has officially resumed LNG cargo operations at its Prelude FLNG facility.

The Zacks Analyst Blog Highlights Patterson-UTI Energy, e.l.f. Beauty, Helmerich & Payne, Reinsurance Group of America and Janus Henderson Group

Patterson-UTI Energy, e.l.f. Beauty, Helmerich & Payne, Reinsurance Group of America and Janus Henderson Group are part of the Zacks top Analyst Blog.

Petrobras (PBR) Exceeds Its Annual Production Goal for 2022

Petrobras (PBR) informed that its overall oil and gas production as well as commercial production for 2022 are slightly above the company's full-year target.

Patterson-UTI (PTEN) Dips More Than Broader Markets: What You Should Know

Patterson-UTI (PTEN) closed the most recent trading day at $15.92, moving -1.18% from the previous trading session.

How to Find Strong Oils and Energy Stocks Slated for Positive Earnings Surprises

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Magnolia (MGY) Trims Q4 Output Target But Keeps 2023 Outlook

Magnolia (MGY) reported preliminary Q4 2022 oil and gas production levels in the range of 73 to 74 Mboe per day.

Nalak Das headshot

5 Must-Buy Mid-Cap Stocks Poised to Beat Earnings Estimates

Five mid-cap companies are set to beat earnings estimates this reporting cycle. These are: PTEN, ELF, HP, RGA and JHG.

TechnipFMC (FTI) Gets EPCI Contract From Wintershall Dea

According to TechnipFMC (FTI), this new contract builds on the success of previously installed subsea umbilicals, risers and flowlines in the Dvalin field.

Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

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.

Where Will Delek (DK) Spend the Bulk of Its 2023 Capex?

Delek US Holdings (DK) has pegged its consolidated capital budget at $350 million, up 19% from the midpoint of its 2022 guidance.

Surging Earnings Estimates Signal Upside for Patterson-UTI (PTEN) Stock

Patterson-UTI (PTEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

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

Patterson-UTI (PTEN) closed at $17.44 in the latest trading session, marking a +1.75% move from the prior day.

Here's Why You Must Invest in Cactus (WHD) Stock Right Now

With a market cap of $4.3 billion, Cactus (WHD) creates long-term value for shareholders.

Eni (E) and Snam Finalize Deal for Algeria-Italy Gas Pipelines

Per the deal, Snam will pay 405 million euros to Eni (E) for the acquisition.

Devon's (DVN) Q4 Production Down 2% Due to Severe Weather

Devon Energy's (DVN) fourth-quarter production volumes are anticipated to be down due to extreme weather conditions. DVN's strong production assets will assist in recouping the drop in volumes.

Patterson-UTI (PTEN) Is Up 0.24% in One Week: What You Should Know

Does Patterson-UTI (PTEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

Targa (TRGP) to Purchase Grand Prix Pipeline Stake for $1B

The Blackstone pact will help to simplify Targa Resources' (TRGP) operations and, at the same time, augment its fee-based cash flow stream.

Patterson-UTI's (PTEN) Q4 Earnings Update: Points to Note

Patterson-UTI Energy (PTEN) said that its key contract drilling unit benefited from higher daily average rig revenues as contracts were renewed at prices that were more than expected.

Patterson-UTI (PTEN) Just Flashed Golden Cross Signal: Do You Buy?

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Wall Street Analysts Think Patterson-UTI (PTEN) Could Surge 39.88%: Read This Before Placing a Bet

The consensus price target hints at a 39.9% 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.