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PattersonUTI Energy (PTEN)

(Delayed Data from NSDQ)

$10.68 USD

10.68
6,862,023

+0.09 (0.85%)

Updated May 3, 2024 04:00 PM ET

After-Market: $10.69 +0.01 (0.09%) 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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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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%.

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

Bottom 30% (177 out of 252)

Industry: Oil and Gas - Drilling

Better trading starts here.

Zacks News

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.

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3 Zacks Rank Additions Energy Investors Can Buy Right Now

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

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

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

PTEN made it to the Zacks Rank #1 (Strong Buy) income stock list on October 5, 2023.

New Strong Buy Stocks for October 5th

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

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?

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

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

Seadrill, Patterson-UTI Energy and Precision Drilling are part of the Zacks Industry Outlook article.

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3 Stocks in the Oil & Gas Drilling Industry With Steady Growth Paths

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

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

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

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

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?

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.

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Oil & Gas Stock Roundup: Shell's Q2 Update & Chevron's Acquisition in Focus

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

The acquisition of Ulterra will expand Patterson-UTI's (PTEN) operational and technology portfolio, strengthening its market presence in drilling and completions.

How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings

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

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Oil & Gas Stock Roundup: Patterson-UTI's Merger With NexTier Hits Headlines

Patterson-UTI Energy (PTEN), NexTier Oilfield Solutions (NEX), Phillips 66 (PSX), Ovintiv (OVV) and APA Corporation (APA) were the energy headline makers during the week.

Patterson-UTI, NexTier Combine to Create Oil Services Giant

The current stockholders of Patterson-UTI Energy (PTEN) will own approximately 55% of the combined company, with NexTier Oilfield Solutions (NEX) shareholders owning the rest.

Strength Seen in Patterson-UTI (PTEN): Can Its 12.1% Jump Turn into More Strength?

Patterson-UTI (PTEN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.

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3 Well-Positioned Stocks in the Oil & Gas Drilling Industry

With the outlook for energy activity holding up despite some concerns, the Zacks Oil and Gas - Drilling companies like SDRL, PTEN and PDS are worth considering.