PTEN News

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its long-tenured Executive Chairman, Mark S. Siegel, has advised the Company of his intention to retire after more than 25 years of continuous service to Patterson-UTI Energy and its predecessor companies. Mr. Siegel has decided not to stand for re-election to the Board of Directors and to retire as Executive Chairman, at the time of the Company's annual shareholder meeting, when it is anticipated that Mr. Curtis Huff will be appointed Non-Executive Chairman. Mr. Huff has been a member of the Board of Directors of Patterson-UTI and one of its predecessor companies for 23 years and currently serves as the Company's Lead Independent Director.

Oil prices rose and so did shares of energy services companies, as investors hope the worst is over in the oil patch.

Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Patterson-UTI Energy, Inc. (NASDAQ: PTEN).

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.

Firm of the late Irving Kahn establishes position in a Berkshire bank holding Continue reading...

The investors in Patterson-UTI Energy, Inc.'s (NASDAQ:PTEN) will be rubbing their hands together with glee today...

S&P; Dow Jones Indices will make the following changes to the S&P; MidCap 400 and S&P; SmallCap 600 effective prior to the open of trading on Monday, June 1:

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported that for the month of April 2020, the Company had an average of 105 drilling rigs operating.

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three months ended March 31, 2020. The Company reported a net loss of $435 million, or $2.28 per share, for the first quarter of 2020, compared to a net loss of $28.6 million, or $0.14 per share, for the first quarter of 2019. Revenues for the first quarter of 2020 were $446 million, compared to $704 million for the first quarter of 2019.

One thing we could say about the analysts on Patterson-UTI Energy, Inc. (NASDAQ:PTEN) - they aren't optimistic, having...

NEW YORK, NY / ACCESSWIRE / April 23, 2020 / Patterson-UTI Energy, Inc. (NASDAQ:PTEN) will be discussing their earnings results in their 2020 First Quarter Earnings call to be held on April 23, 2020 at ...

Shares of Patterson-UTI Energy (NASDAQ:PTEN) rose 8.7% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share fell 221.43% over the past year to ($0.45), which beat the estimate of ($0.47).Revenue of $445,927,000 less by 36.67% year over year, which beat the estimate of $443,360,000.Outlook Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.How To Listen To The Conference Call Date: Apr 23, 2020View more earnings on PTENTime: 08:04 PM ETWebcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Fpatenergy.com%2Finvestors%2Fevents%2Fdefault.aspx&eventid=2157460&sessionid=1&key=583171E4F6FDF39B9FEDB2A92BC57501®Tag=&sourcepage=registerRecent Stock Performance Company's 52-week high was at $16.2752-week low: $1.61Price action over last quarter: down 66.12%Company Description Patterson-UTI Energy is one of the largest North America-based land rig drilling contractors. Its fleet consists of about 315 land rigs, which it markets to independents and small producers. The firm also operates a pressure pumping division and owns a small financial interest in oil and gas exploration and production assets in Texas and New Mexico.See more from Benzinga * Recap: Capital City Bank Group Q1 Earnings * MarineMax: Q2 Earnings Insights * American National: Q1 Earnings Insights(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The firm invests following the principles laid out by Benjamin Graham Continue reading...

Patterson-UTI (PTEN) delivered earnings and revenue surprises of 2.17% and 1.89%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) will hold a conference call on Thursday, April 23, 2020, at 9:00 a.m. Central Time to discuss results for the first quarter ended March 31, 2020.

Q1 2020 Patterson-UTI Energy Inc Earnings Call

PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights agreement (the "Rights Agreement") to protect shareholder interests and preserve shareholders' investment in Patterson-UTI.

With drilling activity set to decline significantly, Patterson-UTI (PTEN) expects to run just four frack fleets in the second quarter.

Will the new coronavirus cause a recession in US in the next 6 months? On February 27th, we put the probability at 75% and we predicted that the market will decline by at least 20% in (Recession is Imminent: We Need A Travel Ban NOW). In these volatile markets we scrutinize hedge fund filings to […]

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