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HOUSTON, TX / ACCESS Newswire / March 4, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2026, the Company had an average of 93 drilling rigs operating in the United States.
Goldman Sachs is sending a clear directional signal on two battered oilfield services names: it raised its price target on Liberty Energy (LBRT) to $30 and kept its Buy-equivalent Neutral stance, while lifting Patterson-UTI (PTEN) to $9 with an explicit Buy rating, citing early signs of dislocation between depressed valuations and underlying fundamentals.
Although the revenue and EPS for Patterson-UTI (PTEN) give a sense of how its business performed in the quarter ended December 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Oilfield services have been in a bull market since Liberation Day, but PTEN has been lagging behind. This has been due to its low exposure to the more robust international markets and the decision to avoid entry into the power gen market. The trends unfolding so far in 2026 appear to justify PTEN's strategy that prioritizes cash generation and returns.
Principal Financial Group Inc. reduced its position in shares of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) by 2.8% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,421,945 shares of the oil and gas company's stock after selling 128,992 shares
HOUSTON, TEXAS / ACCESS Newswire / February 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of January 2026, the Company had an average of 94 drilling rigs operating in the United States.
Patterson-UTI Energy, Inc. (PTEN) Q4 2025 Earnings Call Transcript
PTEN posts a narrower Q4 loss and beats revenue estimates as stronger Completion Services and lower costs lift results.
Patterson-UTI Energy, Inc. (NASDAQ: PTEN - Get Free Report) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totaling 24,738,918 shares, a drop of 14.0% from the December 31st total of 28,782,360 shares. Approximately 6.7% of the shares of the stock are sold short. Based
Patterson-UTI (PTEN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to a loss of $0.12 per share a year ago.
HOUSTON, TEXAS / ACCESS Newswire / February 4, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended December 31, 2025.
Here is a look at what to expect from energy stocks, like NOV, PTEN and PSX, ahead of their quarterly earnings reports, set to be released tomorrow.
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Energy sector stocks such as IMO, XOM, PTEN and HP show signs of robust performance ahead of Q4 earnings.
PTEN lands a multi-year deal to lease two APEX 1500 rigs to Archer, expanding its international footprint as operations target Argentina's Vaca Muerta.
HOUSTON, TEXAS / ACCESS Newswire / January 15, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced a multi-year agreement to lease two high-spec APEX 1500® drilling rigs to DLS Archer Ltd.
HOUSTON, TX / ACCESS Newswire / January 13, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 5, 2026, at 9:00 a.m.
Patterson-UTI (PTEN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
HOUSTON, TEXAS / ACCESS Newswire / January 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of December 2025, the Company had an average of 93 drilling rigs operating in the United States.
Stanley Laman Group Ltd. grew its stake in Patterson-UTI Energy, Inc. (NASDAQ: PTEN) by 24.9% during the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 426,282 shares of the oil and gas company's stock after purchasing an additional 85,104 shares