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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

Why Is Patterson-UTI (PTEN) Down 7% 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) Q1 Earnings & Sales Beat Estimates

Patterson-UTI (PTEN) expects capex of $510 million, Contract Drilling capex of $290 million and Pressure Pumping capex of $150 million for 2023.

Nabors Industries (NBR) Reports Q1 Loss, Tops Revenue Estimates

Nabors (NBR) delivered earnings and revenue surprises of -151.89% and 2.74%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Patterson-UTI (PTEN) Reports Next Week: Wall Street Expects Earnings Growth

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.

Are Options Traders Betting on a Big Move in Patterson-UTI (PTEN) Stock?

Investors need to pay close attention to Patterson-UTI (PTEN) stock based on the movements in the options market lately.

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

Patterson-UTI (PTEN) closed at $11.70 in the latest trading session, marking a +1.65% move from the prior day.

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

In the latest trading session, Patterson-UTI (PTEN) closed at $10.83, marking a +1.21% move from the previous day.

Wall Street Analysts See Patterson-UTI (PTEN) as a Buy: Should You Invest?

The average brokerage recommendation (ABR) for Patterson-UTI (PTEN) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

Patterson-UTI (PTEN) Gains But Lags Market: What You Should Know

In the latest trading session, Patterson-UTI (PTEN) closed at $11.71, marking a +0.43% move from the previous day.

Patterson-UTI (PTEN) Stock Moves -1.2%: What You Should Know

Patterson-UTI (PTEN) closed at $13.15 in the latest trading session, marking a -1.2% move from the prior day.

Patterson-UTI (PTEN) Down 7.5% 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 Patterson-UTI (PTEN) Based on Bullish Wall Street Views?

Based on the average brokerage recommendation (ABR), Patterson-UTI (PTEN) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?

Patterson-UTI (PTEN) Gains But Lags Market: What You Should Know

Patterson-UTI (PTEN) closed at $14.98 in the latest trading session, marking a +0.6% move from the prior day.

Patterson-UTI's (PTEN) Q4 Earnings & Sales Beat Estimates

Patterson-UTI Energy's (PTEN) Q4 sales and earnings beat estimates with strong performance across various segments. It also projects a rig count increase and $550 million capex for 2023.

Should Value Investors Buy Nabors Industries (NBR) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Patterson-UTI (PTEN) Tops Q4 Earnings and Revenue Estimates

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 6.98% and 3.81%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

NuStar Energy (NS) Beats on Q4 Earnings and Revenues

NuStar Energy (NS) expects to generate net income in the range of $202-$240 million and EBITDA in the range of $700-$760 million in 2023.

Northern (NOG) Updates Q4 Production Numbers, Hikes Dividend

Northern Oil and Gas (NOG) reports a Q4 production decline due to severe weather but expects higher average daily oil production in its full-year 2022 guidance.

Rimmi Singhi headshot

5 Best High Earnings Yield Picks to Grow Your Wealth

Stocks with high earnings yield have the potential to provide greater returns. PTEN, JBL, CPRX, AGCO and URBN are some stocks boasting high earnings yield to power your portfolio.

Core Laboratories (CLB) Q4 Earnings Beat, Revenues Miss

Core Labs' (CLB) revenues for the first quarter of 2023 are anticipated in the $125-$129 million range, while the operating income is estimated in the $11.5-$14.5 million band.

Transocean (RIG) Wins 910-Day Drilling Deal Set to Start in Q3

Transocean (RIG) lands 910-day contract for Dhirubhai Deepwater KG2 in Brazil.

TC Energy's (TRP) Coastal GasLink Cost to Balloon Further

TC Energy???s Coastal GasLink project cost has risen to C$14.5 billion, causing the company to revise its 2023 capital spending forecast to C$11.5- C$12 billion, up from C$9.5 billion previously.

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.