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Patterson UTI Energy Value Stock - Dividend - Research Selection

Patterson uti energy

ISIN: US7034811015 , WKN: 905153

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Description of the company

Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through two segments, Contract Drilling and Pressure Pumping. The Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, western Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2017, this segment had a drilling fleet of 295 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas, the Mid-Continent, and the Appalachian region. Patterson-UTI Energy, Inc. also manufactures and sells pipe handling components and related technology to drilling contractors in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.

The Finanzoo GmbH assumes no liability for the accuracy of the information! All information is provided without warranty. Sources:: www.bundesanzeiger.de, www.sec.gov,


NEWS


Patterson-UTI Reports Drilling Activity for November 2025

2025-12-09
HOUSTON, TX / ACCESS Newswire / December 9, 2025 /PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2025, the Company had an average of 93 drilling rigs operating in the United States. For the two months ended ...

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Patterson-UTI Energy (PTEN) offers 25% Q3 2026 upside. It has attractive valuation multiples and robust free cash flow. See more analysis here.

Can Patterson-UTI (PTEN) Sustain Efficiency Gains as Cost Cuts Drive Upward Earnings Revisions?

2025-11-23
Patterson-UTI Energy recently reported a narrower-than-expected third-quarter adjusted net loss, with improved results driven by significant cost reductions despite revenue declines, and maintained its quarterly dividend at US$0.08 per share. An interesting aspect is that these cost control measures not only exceeded analyst expectations but also prompted upward revisions in future earnings estimates as the company maintains a stable payout. We'll examine how Patterson-UTI Energy's...

Patterson-UTI Energy (PTEN): Evaluating Current Valuation After Recent Share Price Movement

2025-11-22
Patterson-UTI Energy (PTEN) is trading at $5.53 after a recent daily move. This has caught the eye of investors tracking shifts in the energy sector. The company’s stock performance over the past month is one to watch. See our latest analysis for Patterson-UTI Energy. Patterson-UTI Energy’s latest share price move adds to a challenging year. While there was a solid 1-day share price gain of 2.22%, momentum has generally faded, with a steep year-to-date share price return of -35.17% and a...

Why Is Patterson-UTI (PTEN) Down 20% Since Last Earnings Report?

2025-11-21
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

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