Patterson-UTI Energy Inc

NASDAQ: PTEN
$11.60
+$0.26 (+2.3%)
Closing price April 23, 2024
Patterson-UTI Energy Inc is a key player in the oil and natural gas sector, offering a wide range of services across the United States and internationally. With a focus on contract drilling, the company supports oil and gas operators with essential services including directional drilling, equipment certification, and automation solutions. Additionally, Patterson-UTI Energy extends its expertise to completion services like hydraulic fracturing and cementing, alongside manufacturing drill bits for the energy and mining industries. Founded in 1978 and based in Houston, Texas, the company stands as a vital resource for the energy, marine, and mining sectors.
The top analyst upgrades, downgrades and initiations seen on Wednesday morning include Discover Financial, Juniper Networks, Kellogg, Micron Technology, NetApp, Rio Tinto, Synchrony Financial and...
With the price of oil firming around $50 and expected to be close to $60 this time next year, these four companies could be poised for significant increase in business over the next 12 to 18 months,...
While the spot price of oil may remain volatile, buying the top land drillers with exposure in the best basin play in the United States makes good sense for aggressive growth investors.
The week ending August 19 had many key Buy or Outperform ratings for oil and gas investors, with some in big names.
Can it finally be the case that there is good news in the oil patch these days? It may be true, but the qualification for what makes for good news in 2016 might be very different when compared to...
While oil could certainly become range-bound for the next two years, the oil services companies that help the most in maximizing well production and yield could be among the best stocks to buy.
24/7 Wall St. has identified several standout analyst calls in the energy patch from the week ending June 3, including on Exxon Mobil.
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The oil services trade is still a contrarian one, to say the least. The pain in the industry is not going away anytime soon.
Source: ThinkstockIf any sector has been taking a beating it’s energy, and the price of crude continued the downward spiral last week to under $50 again. With West Texas Intermediate 20% below the...
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The UBS analyst focused on three top companies to buy in the land drilling arena. These are companies they have stayed positive on for some time.