Patterson-UTI Energy (PTEN) News Today $8.13 +0.02 (+0.25%) (As of 11/20/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street TipRanks The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 Time Period PTEN FY2024 EPS Estimate Lowered by Capital One FinancialPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Stock analysts at Capital One Financial decreased their FY2024 EPS estimates for Patterson-UTI Energy in a research report issued to clients and investors on Wednesday, November 20th. Capital One Financial analyst D. Becker now anticipatesNovember 21 at 6:32 AM | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Sold by Vaughan Nelson Investment Management L.P.Vaughan Nelson Investment Management L.P. lessened its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 3.5% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,146,502 shares of the oil and gas company's stock after selling 115,160 shares durNovember 18 at 5:14 AM | marketbeat.comRoyce & Associates LP Increases Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Royce & Associates LP boosted its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 23.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,003,330 shares of the oil and gas company'sNovember 18 at 4:49 AM | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Stock Holdings Boosted by GSA Capital Partners LLPGSA Capital Partners LLP boosted its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 1,089.6% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 190,809 shares of the oil and gas company's stNovember 14, 2024 | marketbeat.comChartwell Investment Partners LLC Invests $3.34 Million in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Chartwell Investment Partners LLC acquired a new position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 437,028 shares of the oil and gas company'November 13, 2024 | marketbeat.comPatterson-UTI price target lowered to $11 from $12 at BarclaysNovember 12, 2024 | markets.businessinsider.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Acquired by Principal Financial Group Inc.Principal Financial Group Inc. boosted its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 12.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,167,871 shares of the oil and gas company's stock after purchaNovember 12, 2024 | marketbeat.comFY2024 Earnings Forecast for PTEN Issued By Zacks ResearchPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Research analysts at Zacks Research reduced their FY2024 earnings per share (EPS) estimates for Patterson-UTI Energy in a report released on Wednesday, November 6th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas comNovember 11, 2024 | marketbeat.comUS Bancorp DE Purchases 78,950 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)US Bancorp DE lifted its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 355.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,167 shares of the oil and gas company's stock after purchasing an addNovember 10, 2024 | marketbeat.comKornitzer Capital Management Inc. KS Purchases 312,805 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Kornitzer Capital Management Inc. KS lifted its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 111.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 593,320 shares of the oil and gas company's stock after acquirNovember 8, 2024 | marketbeat.comCiti sees rotation toward energy equities after Trump winNovember 6, 2024 | markets.businessinsider.comPatterson-UTI reports October drilling activityNovember 6, 2024 | markets.businessinsider.comNew York State Common Retirement Fund Has $14.85 Million Stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)New York State Common Retirement Fund decreased its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 30.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,941,664 shares of the oil and gas compaNovember 6, 2024 | marketbeat.comPatterson-UTI Energy Target of Unusually Large Options Trading (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) saw unusually large options trading activity on Monday. Stock investors acquired 20,083 call options on the company. This is an increase of 95% compared to the average daily volume of 10,284 call options.November 4, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Sold by Van ECK Associates CorpVan ECK Associates Corp reduced its holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 21.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,578,426 shares of the oil and gas company's stock after selNovember 4, 2024 | marketbeat.comCeredex Value Advisors LLC Buys 84,200 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Ceredex Value Advisors LLC boosted its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 7.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,245,400 shares of the oil and gas company's stockNovember 3, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Stock Holdings Trimmed by Nisa Investment Advisors LLCNisa Investment Advisors LLC lowered its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 74.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,809 shares of the oNovember 2, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Given Average Recommendation of "Moderate Buy" by AnalystsShares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) have been given an average rating of "Moderate Buy" by the thirteen ratings firms that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold recommendation, nine have given a buyNovember 2, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Hits New 12-Month Low After Analyst DowngradePatterson-UTI Energy (NASDAQ:PTEN) Sets New 12-Month Low on Analyst DowngradeNovember 1, 2024 | marketbeat.comBernzott Capital Advisors Buys 178,703 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Bernzott Capital Advisors increased its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 26.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 845,639 shares of the oil and gaOctober 29, 2024 | marketbeat.comBenchmark Co. Releases a Hold Rating on Patterson-UTI (PTEN)October 29, 2024 | markets.businessinsider.comPatterson-UTI Energy (NASDAQ:PTEN) Shares Gap Down Following Analyst DowngradePatterson-UTI Energy (NASDAQ:PTEN) Shares Gap Down After Analyst DowngradeOctober 28, 2024 | marketbeat.comCanoe Financial LP Has $11.85 Million Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Canoe Financial LP lifted its holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 15,942.1% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,524,000 shares of the oil and gas company's stock after purchasing an additional 1,514,500 sharesOctober 28, 2024 | marketbeat.comResearch Analysts Issue Forecasts for PTEN FY2024 EarningsPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Analysts at Atb Cap Markets reduced their FY2024 earnings per share (EPS) estimates for shares of Patterson-UTI Energy in a report released on Thursday, October 24th. Atb Cap Markets analyst W. Syed now anticipates that the oil and gas compOctober 28, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Is Paying Out A Dividend Of $0.08October 27, 2024 | finance.yahoo.comPatterson-UTI: Prioritizing Free Cash Flow And Shareholder ReturnsOctober 27, 2024 | seekingalpha.comPatterson-UTI (PTEN) Gets a Hold from J.P. MorganOctober 27, 2024 | markets.businessinsider.comPatterson-UTI Energy Inc (PTEN) Q3 2024 Earnings Report Preview: What To Look ForOctober 25, 2024 | finance.yahoo.comPatterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $11.00Raymond James lowered their price objective on Patterson-UTI Energy from $12.00 to $11.00 and set a "strong-buy" rating for the company in a research report on Friday.October 25, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Declares Quarterly Dividend of $0.08Patterson-UTI Energy, Inc. (NASDAQ:PTEN) declared a quarterly dividend on Wednesday, October 23rd. Stockholders of record on Monday, December 2nd will be given a dividend of 0.08 per share by the oil and gas company on Monday, December 16th. This represents a $0.32 annualized dividend and a dividend yield of 4.02%. The ex-dividend date is Monday, December 2nd.October 25, 2024 | marketbeat.comPatterson-UTI reports Q3 adjusted EPS 0c, consensus 3cOctober 24, 2024 | markets.businessinsider.comPatterson-UTI sees Q4 CapEx $150MOctober 24, 2024 | markets.businessinsider.comPatterson-UTI Energy (NASDAQ:PTEN) Posts Earnings Results, Misses Expectations By $2.51 EPSPatterson-UTI Energy (NASDAQ:PTEN - Get Free Report) released its quarterly earnings data on Wednesday. The oil and gas company reported ($2.50) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($2.51). The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.29 billion. Patterson-UTI Energy had a net margin of 2.28% and a return on equity of 4.49%. Patterson-UTI Energy's quarterly revenue was up 34.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.20 EPS.October 23, 2024 | marketbeat.comPatterson-UTI Energy Earnings PreviewOctober 23, 2024 | benzinga.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Sold by Allspring Global Investments Holdings LLCAllspring Global Investments Holdings LLC trimmed its position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 11.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,684,175 shares ofOctober 23, 2024 | marketbeat.comGrace & White Inc. NY Increases Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Grace & White Inc. NY boosted its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 668.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 279,768 shares of the oiOctober 22, 2024 | marketbeat.comZacks Research Has Bearish Estimate for PTEN Q4 EarningsPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Stock analysts at Zacks Research decreased their Q4 2024 earnings per share estimates for shares of Patterson-UTI Energy in a research note issued to investors on Thursday, October 17th. Zacks Research analyst N. Choudhury now expects thatOctober 21, 2024 | marketbeat.comMorgan Stanley Sticks to Its Hold Rating for Patterson-UTI (PTEN)October 19, 2024 | markets.businessinsider.comShareholders in Patterson-UTI Energy (NASDAQ:PTEN) are in the red if they invested a year agoOctober 18, 2024 | uk.finance.yahoo.comZacks Research Issues Negative Estimate for PTEN EarningsPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Investment analysts at Zacks Research reduced their Q3 2024 EPS estimates for shares of Patterson-UTI Energy in a research report issued to clients and investors on Thursday, October 17th. Zacks Research analyst N. Choudhury now forecasts tOctober 18, 2024 | marketbeat.comCX Institutional Sells 85,793 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)CX Institutional trimmed its holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 78.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,013 shares of the oil and gas company's stockOctober 18, 2024 | marketbeat.comPatterson-UTI Energy (PTEN) to Release Quarterly Earnings on ThursdayPatterson-UTI Energy (NASDAQ:PTEN) will be releasing earnings before the market opens on Thursday, October 24, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=635336)October 17, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $12.00 by Analysts at BarclaysBarclays reduced their price objective on Patterson-UTI Energy from $14.00 to $12.00 and set an "overweight" rating for the company in a research note on Wednesday.October 16, 2024 | marketbeat.comDemystifying Patterson-UTI Energy: Insights From 10 Analyst ReviewsOctober 12, 2024 | benzinga.comRBC Capital Remains a Buy on Patterson-UTI (PTEN)October 12, 2024 | markets.businessinsider.comStifel Nicolaus Cuts Patterson-UTI Energy (NASDAQ:PTEN) Price Target to $14.00Stifel Nicolaus cut their target price on shares of Patterson-UTI Energy from $15.00 to $14.00 and set a "buy" rating for the company in a research report on Friday.October 11, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Acquired by SG Americas Securities LLCSG Americas Securities LLC boosted its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 218.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 157,776 shares of the oOctober 10, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Sold by Dimensional Fund Advisors LPDimensional Fund Advisors LP cut its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 87.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 618,283 shares of the oil and gOctober 9, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Given Consensus Recommendation of "Moderate Buy" by AnalystsShares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) have been given an average rating of "Moderate Buy" by the thirteen brokerages that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, nine have issued a buyOctober 8, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (PTEN): Most Undervalued Stock to Consider for InvestmentOctober 6, 2024 | msn.com Get Patterson-UTI Energy News Delivered to You Automatically Sign up to receive the latest news and ratings for PTEN and its competitors with MarketBeat's FREE daily newsletter. Email Address Breaking News: Tesla headed to $500… (Ad)That headline hit late last night…and the rally has begun Which is why we want to urge you to go ahead and download Lance’s e-Book now outlining his bullish case for Tesla. So to claim your free digital copy today, simply follow this link and enter your email address. PTEN Media Mentions By Week PTEN Media Sentiment Learn about the media sentiment score. Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press. PTEN News Sentiment▼1.260.66▲Average Oils/Energy News Sentiment PTEN News Coverage Learn about the media coverage comparison. We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. PTEN Articles This Week▼35▲PTEN Articles Average Week Get Patterson-UTI Energy News Delivered to You Automatically Sign up to receive the latest news and ratings for PTEN and its competitors with MarketBeat's FREE daily newsletter. 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