Patterson-UTI Energy (PTEN) News Today → Must-See: Elon’s New Invention is Absolutely Insane (From InvestorPlace) (Ad) Free PTEN Stock Alerts $10.22 -0.13 (-1.26%) (As of 04:35 PM ET) Add Compare Share Share HeadlinesStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street 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 June 6 at 7:57 AM | marketbeat.comEdge Capital Group LLC Takes Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Edge Capital Group LLC purchased a new position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 97,439 shares of the oil and gas company's stock, valuedJune 5 at 1:38 AM | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesShares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) have received an average rating of "Moderate Buy" from the thirteen research firms that are currently covering the firm, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating, eight have issued aJune 2, 2024 | americanbankingnews.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Plans Quarterly Dividend of $0.08May 30, 2024 | marketbeat.com4,158,393 Shares in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Bought by Norges BankNorges Bank acquired a new position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,158,393 shares of the oil and gas company's stock,May 29, 2024 | marketbeat.comPatterson-UTI Energy Sees Unusually High Options Volume (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) was the recipient of unusually large options trading on Wednesday. Investors bought 30,011 put options on the company. This represents an increase of 205% compared to the typical volume of 9,842 put options.May 28, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Purchased by Edmond DE Rothschild Holding S.A.Edmond DE Rothschild Holding S.A. raised its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 37.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,350,000 shares of the oil and gas company's stock afMay 26, 2024 | marketbeat.comWestfield Capital Management Co. LP Buys 747,260 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Westfield Capital Management Co. LP increased its position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 27.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,431,648 shares of the oil and gas cMay 25, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Sold by Panagora Asset Management Inc.Panagora Asset Management Inc. lowered its holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 89.6% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,865 shares of the oil and gas company's stock after selling 265,78May 24, 2024 | marketbeat.comZacks Research Brokers Cut Earnings Estimates for Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Research analysts at Zacks Research cut their Q2 2025 earnings per share estimates for Patterson-UTI Energy in a research report issued to clients and investors on Wednesday, May 22nd. Zacks Research analyst N. Choudhury now anticipates thaMay 23, 2024 | finance.yahoo.comPatterson-UTI Energy (NASDAQ:PTEN) Is Due To Pay A Dividend Of $0.08May 23, 2024 | marketbeat.comDynamic Technology Lab Private Ltd Sells 181,427 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Dynamic Technology Lab Private Ltd cut its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 71.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 73,385 shares of the oil and gasMay 22, 2024 | benzinga.comPatterson-UTI Energy Recent Insider ActivityMay 22, 2024 | insidertrades.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Director Robert Wayne Drummond, Jr. Sells 150,000 SharesMay 22, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Director Sells $1,732,500.00 in StockPatterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) Director Robert Wayne Drummond, Jr. sold 150,000 shares of the business's stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $11.55, for a total value of $1,732,500.00. Following the transaction, the director now owns 2,007,895 shares in the company, valued at approximately $23,191,187.25. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.May 18, 2024 | marketbeat.comKingsview Wealth Management LLC Buys New Stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Kingsview Wealth Management LLC bought a new stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 141,665 shares of the oil and gas company's stock, valued at approximately $1,530,000. Several other larMay 17, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Shares Acquired by BNP Paribas Financial MarketsBNP Paribas Financial Markets lifted its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 92.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 908,254 shares of the oil and gas company's stock after acquMay 16, 2024 | marketbeat.comPrincipal Financial Group Inc. Sells 939,704 Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Principal Financial Group Inc. trimmed its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 16.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,943,273 shares of tMay 15, 2024 | marketbeat.comSwiss National Bank Reduces Stock Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Swiss National Bank lessened its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 10.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 701,388 shares of the oil and gas company's stock after selling 83,400 shares during the pMay 9, 2024 | finance.yahoo.comThe Patterson-UTI Energy, Inc. (NASDAQ:PTEN) First-Quarter Results Are Out And Analysts Have Published New ForecastsMay 9, 2024 | marketbeat.comPicton Mahoney Asset Management Invests $1.74 Million in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Picton Mahoney Asset Management bought a new position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 160,782 shares of the oil and gas company's sMay 9, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Buy Rating on Patterson-UTI (PTEN)May 7, 2024 | finance.yahoo.comPatterson-UTI Energy (NASDAQ:PTEN) Has Affirmed Its Dividend Of $0.08May 6, 2024 | markets.businessinsider.comBenchmark Co. Reaffirms Their Hold Rating on Patterson-UTI (PTEN)May 6, 2024 | markets.businessinsider.comPiper Sandler Reaffirms Their Buy Rating on Patterson-UTI (PTEN)May 6, 2024 | finanznachrichten.dePatterson-UTI Energy, Inc.: Patterson-UTI Reports Drilling Activity for April 2024May 6, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Rating Reiterated by BenchmarkBenchmark reaffirmed a "hold" rating on shares of Patterson-UTI Energy in a research note on Monday.May 6, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Price Target Cut to $14.00 by Analysts at Piper SandlerPiper Sandler dropped their price objective on shares of Patterson-UTI Energy from $17.00 to $14.00 and set an "overweight" rating for the company in a research note on Monday.May 4, 2024 | marketbeat.comFisher Asset Management LLC Reduces Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Fisher Asset Management LLC decreased its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 15.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,956,578 shares of the oil and gas company's stockMay 3, 2024 | finance.yahoo.comPatterson-UTI Energy First Quarter 2024 Earnings: In Line With ExpectationsMay 3, 2024 | finance.yahoo.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Q1 2024 Earnings Call TranscriptMay 3, 2024 | marketbeat.comPatterson-UTI Energy, Inc. (NASDAQ:PTEN) Plans $0.08 Quarterly DividendPatterson-UTI Energy, Inc. (NASDAQ:PTEN) declared a quarterly dividend on Wednesday, May 1st. Shareholders of record on Monday, June 3rd will be paid a dividend of 0.08 per share by the oil and gas company on Monday, June 17th. This represents a $0.32 dividend on an annualized basis and a yield of 3.00%. The ex-dividend date of this dividend is Monday, June 3rd.May 3, 2024 | finance.yahoo.comPatterson-UTI Energy Inc (PTEN) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...May 3, 2024 | finance.yahoo.comQ1 2024 Patterson-UTI Energy Inc Earnings CallMay 2, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) Issues Earnings ResultsPatterson-UTI Energy (NASDAQ:PTEN - Get Free Report) announced its quarterly earnings data on Wednesday. The oil and gas company reported $0.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.02. The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. Patterson-UTI Energy had a return on equity of 10.00% and a net margin of 5.94%. During the same quarter in the prior year, the company posted $0.46 earnings per share.May 2, 2024 | finance.yahoo.comPatterson-UTI Energy Inc (PTEN) Aligns with EPS Projections, Surpasses Revenue Estimates in Q1 2024May 2, 2024 | msn.comPatterson-UTI Energy reports mixed Q1 results; initiates Q2 outlookMay 1, 2024 | sfgate.comPatterson-UTI: Q1 Earnings SnapshotApril 30, 2024 | marketbeat.comVan ECK Associates Corp Boosts Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Van ECK Associates Corp raised its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,505,551 shares of the oil and gas company's stock aftApril 26, 2024 | marketbeat.comQ3 2024 EPS Estimates for Patterson-UTI Energy, Inc. Reduced by Zacks Research (NASDAQ:PTEN)Patterson-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 note issued to investors on Wednesday, April 24th. Zacks Research analyst N. Choudhury now expects that the oil and gas companApril 25, 2024 | marketbeat.comTraders Buy Large Volume of Put Options on Patterson-UTI Energy (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) was the target of unusually large options trading activity on Thursday. Stock investors purchased 32,419 put options on the company. This is an increase of 240% compared to the average daily volume of 9,545 put options.April 25, 2024 | finance.yahoo.comThose who invested in Patterson-UTI Energy (NASDAQ:PTEN) three years ago are up 78%April 25, 2024 | marketbeat.comWedge Capital Management L L P NC Has $4.48 Million Position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Wedge Capital Management L L P NC raised its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 46.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 414,357 shares of the oil and gas company's stock aApril 25, 2024 | marketbeat.comZacks Research Equities Analysts Decrease Earnings Estimates for Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Equities researchers at Zacks Research dropped their Q1 2024 earnings per share (EPS) estimates for shares of Patterson-UTI Energy in a research report issued to clients and investors on Wednesday, April 24th. Zacks Research analyst N. ChouApril 20, 2024 | marketbeat.comLouisiana State Employees Retirement System Buys Shares of 160,800 Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Louisiana State Employees Retirement System bought a new stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 160,800 shares of the oil and gas company's stock, valued at approximaApril 15, 2024 | marketbeat.comPatterson-UTI Energy (NASDAQ:PTEN) PT Lowered to $14.00Bank of America lowered their target price on Patterson-UTI Energy from $14.50 to $14.00 and set a "buy" rating on the stock in a research note on Monday.April 14, 2024 | marketbeat.comPhocas Financial Corp. Has $6.40 Million Holdings in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Phocas Financial Corp. boosted its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 26.4% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 592,233 shares of the oil and gas company's stock after purchasingApril 12, 2024 | barrons.comPatterson-UTI Energy Inc.April 10, 2024 | marketbeat.comAtb Cap Markets Comments on Patterson-UTI Energy, Inc.'s Q2 2024 Earnings (NASDAQ:PTEN)Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) - Equities researchers at Atb Cap Markets reduced their Q2 2024 earnings per share estimates for shares of Patterson-UTI Energy in a note issued to investors on Sunday, April 7th. Atb Cap Markets analyst W. Syed now expects that the oil and gApril 10, 2024 | marketbeat.comAllspring Global Investments Holdings LLC Has $71.28 Million Stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN)Allspring Global Investments Holdings LLC decreased its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 2.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,600,292 shares of the oil and gas company's stock afApril 10, 2024 | nasdaq.comBenjamin Graham Detailed Fundamental Analysis - PTEN 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 Kiss of death from Joe Biden (Ad)I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but Biden does not care. I have uncovered a bombshell that changes everything… and threatens everything. PTEN Media Mentions By Week PTEN Media SentimentLearn 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▼1.500.96▲Average Oils/Energy News Sentiment PTEN News CoverageLearn 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. Email Address Related Companies and Tools Related Companies: Helmerich & Payne News Nabors Industries News Valaris News Transocean News HighPeak Energy News Precision Drilling News Borr Drilling News Independence Contract Drilling News Enphase Energy News Marathon Oil News Headlines Tools: Trending Media MentionsHigh Media Sentiment StocksLive News FeedMarketBeat OriginalsStock Ideas This page (NASDAQ:PTEN) was last updated on 6/7/2024 by MarketBeat.com Staff From Our PartnersCollapse of the Petrodollar The death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Ru...Colonial Metals | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? 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