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PattersonUTI Energy (PTEN)

(Delayed Data from NSDQ)

$11.34 USD

11.34
8,511,431

+0.12 (1.07%)

Updated Apr 18, 2024 04:00 PM ET

After-Market: $11.34 0.00 (0.00%) 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 Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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.

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B Value A 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%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Bottom 23% (194 out of 251)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar

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

Patterson-UTI (PTEN) Down 2% Since Last Earnings Report: Can It Rebound?

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Should You Invest in the Invesco S&P SmallCap Energy ETF (PSCE)?

Sector ETF report for PSCE

Patterson-UTI (PTEN) Q4 Earnings and Sales Beat Estimates

Patterson-UTI (PTEN) plans to spend $740 million on capital expenditures in 2024. The company expects an effective tax rate of 24% and annual cash taxes of $35-$45 million for the year.

Patterson-UTI (PTEN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Patterson-UTI (PTEN) Q4 Earnings and Revenues Top Estimates

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 5.56% and 5.58%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Patterson-UTI (PTEN) Q4 Earnings Expected to Decline

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.

Precision Drilling (PDS) Q4 Earnings and Revenues Top Estimates

Precision Drilling (PDS) delivered earnings and revenue surprises of 65.07% and 4.66%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?

Should You Invest in the Invesco S&P SmallCap Energy ETF (PSCE)?

Sector ETF report for PSCE

Patterson-UTI (PTEN) Down 10.7% Since Last Earnings Report: Can It Rebound?

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) Q3 Earnings Miss, Revenues Top

Patterson-UTI (PTEN) expects total capital outlay for the fourth quarter of 2023 to be approximately $190 million.

Zacks Industry Outlook Highlights Helmerich & Payne, Patterson-UTI Energy and Seadrill

Helmerich & Payne, Patterson-UTI Energy and Seadrill are part of the Zacks Industry Outlook article.

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Is There an Opportunity in These Oil & Gas Drilling Stocks?

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like HP, PTEN and SDRL.

Will NexTier Merger Boost Patterson-UTI's (PTEN) Q3 Earnings?

Patterson-UTI Energy (PTEN) beat the Zacks Consensus Estimate for earnings thrice in the last four quarters and met in the other, resulting in an earnings surprise of 20.5%, on average.

Zacks.com featured highlights Textron, Patterson-UTI Energy, ALLETE, Teekay Tankers and Acadia Healthcare

Textron, Patterson-UTI Energy, ALLETE, Teekay Tankers and Acadia Healthcare have been highlighted in this Screen of The Week article.

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5 Low-Leverage Stocks to Buy as Inflation Fear Eases

The crux of safe investment lies in choosing a company that is not burdened with debt as debt-free stock is almost impossible to find. You may buy TXT, PTEN, ALE, TNK and ACHC.

Patterson-UTI (PTEN) to Report Q3 Results: Wall Street Expects Earnings Growth

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.

Zacks.com featured highlights include e.l.f. Beauty, Parker-Hannifin, Frontdoor, Patterson-UTI Energy and CenterPoint Energy

e.l.f. Beauty, Parker-Hannifin, Frontdoor, Patterson-UTI Energy and CenterPoint Energy are part of the Zacks Screen of the Week article.

Swayta Shah headshot

Bet on 5 Top-Ranked Stocks With Upgraded Broker Ratings

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

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

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

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

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

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.