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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

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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

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Zacks News

SHEL to Review $30B UK Investments Due to the Windfall Tax

by Zacks Equity Research

SHEL is likely to review its plan to invest $30 billion (25 billion pounds) in the UK's energy system over the next decade.

Enbridge, Occidental Partner to Build CO2 Pipeline in Texas

by Zacks Equity Research

Enbridge (ENB) will construct and operate the CO2 pipeline system, while Occidental (OXY) will construct and operate the CO2 sequestration facilities.

Pembina (PBA) Declares $102M Settlement Deal With Ruby Pipeline

by Zacks Equity Research

Pembina (PBA) agrees to pay $102 million to settle its liabilities for the Ruby Pipeline.

ExxonMobil (XOM) to Stop Crude Production in Equatorial Guinea

by Zacks Equity Research

The move reflects ExxonMobil's (XOM) strategy to reduce crude production in West Africa and invest in more lucrative projects in the Americas.

TC Energy (TRP) Stock Rises 8% Since Q3 Earnings & Sales Beat

by Zacks Equity Research

TC Energy (TRP) impresses investors with stellar third-quarter 2022 results, as both earnings and revenues beat the consensus mark. Stock price rises.

How Much Upside is Left in Patterson-UTI (PTEN)? Wall Street Analysts Think 26%

by Zacks Equity Research

The average of price targets set by Wall Street analysts indicates a potential upside of 26.4% in Patterson-UTI (PTEN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

BP to Market Crude From Guyana's Offshore Production Platforms

by Zacks Equity Research

BP will be responsible for marketing, evaluating regional and global demand centers, selecting customers, and making suitable transport arrangements.

Patterson-UTI (PTEN) Up 7.1% Since Last Earnings Report: Can It Continue?

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.

Is Schwab Fundamental U.S. Small Company Index ETF (FNDA) a Strong ETF Right Now?

by Zacks Equity Research

Smart Beta ETF report for FNDA

Is Phillips 66 (PSX) Outperforming Other Oils-Energy Stocks This Year?

by Zacks Equity Research

Here is how Phillips 66 (PSX) and Patterson-UTI (PTEN) have performed compared to their sector so far this year.

Patterson-UTI (PTEN) Just Overtook the 20-Day Moving Average

by Zacks Equity Research

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

Diamondback (FANG) to Buy Permian Basin Assets From Lario

by Zacks Equity Research

Diamondback's (FANG) latest acquisition augments its presence in the Permian Basin by adding about 25,000 gross (15,000 net) acres in the core of the Northern Midland Basin.

Continental (CLR) Stock Up Marginally Despite Q3 Earnings Miss

by Zacks Equity Research

Higher operating and production expenses hurt Continental's (CLR) earnings in Q3.

Earnings Estimates Moving Higher for Patterson-UTI (PTEN): Time to Buy?

by Zacks Equity Research

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

BP Rises 3.4% Since Q3 Earnings Beat, Increases Share Buybacks

by Zacks Equity Research

Higher production and commodity price realizations aid BP's earnings in Q3.

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

by Zacks Equity Research

Style Box ETF report for VIOV

SM Energy (SM) Stock Up 6.3% Since Q3 Earnings Beat Estimates

by Zacks Equity Research

Higher realizations of commodity prices aid SM Energy's (SM) earnings in Q3.

Should Schwab Fundamental U.S. Small Company Index ETF (FNDA) Be on Your Investing Radar?

by Zacks Equity Research

Style Box ETF report for FNDA

Cenovus (CVE) Shares Gain 2.6% Despite Q3 Earnings Miss

by Zacks Equity Research

Higher transportation and blending expenses, and expenses for purchased products hurt Cenovus' (CVE) earnings in Q3.

Enbridge (ENB) Shares Up 4.6% Since Q3 Earnings Beat Estimates

by Zacks Equity Research

Higher contribution from the Liquids Pipelines segment aids Enbridge's (ENB) earnings in Q3.

Patterson-UTI (PTEN) Is Up 4.74% in One Week: What You Should Know

by Zacks Equity Research

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

MPLX Beats Q3 Earnings Estimates, Hikes Distribution by 10%

by Zacks Equity Research

Higher contributions from logistics and storage operations, and the gathering and processing business aid MPLX's earnings in Q3.

How to Find Strong Buy Oils and Energy Stocks Using the Zacks Rank

by Zacks Equity Research

Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Zacks Rank.

Patterson-UTI (PTEN) Earnings & Sales Beat Estimates in Q3

by Zacks Equity Research

Patterson-UTI's (PTEN) third-quarter 2022 earnings and revenues top the Zacks Consensus Estimate due to solid segmental performances. The company also doubles its quarterly dividend.

Best Momentum Stocks to Buy for November 1st

by Zacks Equity Research

PTEN, IBA and NTNX made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 1, 2022.