What is Patterson-UTI Energy's stock symbol?
Patterson-UTI Energy trades on the NASDAQ under the ticker symbol "PTEN."
How often does Patterson-UTI Energy pay dividends? What is the dividend yield for Patterson-UTI Energy?
Patterson-UTI Energy declared a quarterly dividend on Thursday, February 9th. Shareholders of record on Wednesday, March 8th will be given a dividend of $0.02 per share on Wednesday, March 22nd. This represents a $0.08 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Monday, March 6th.
Where is Patterson-UTI Energy's stock going? Where will Patterson-UTI Energy's stock price be in 2017?
31 brokers have issued 1-year price objectives for Patterson-UTI Energy's stock. Their predictions range from $10.00 to $40.00. On average, they expect Patterson-UTI Energy's share price to reach $25.73 in the next year.
When will Patterson-UTI Energy announce their earnings?
Patterson-UTI Energy is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.
What are analysts saying about Patterson-UTI Energy stock?
Here are some recent quotes from research analysts about Patterson-UTI Energy stock:
According to Zacks Investment Research, "Currently trading near its 52-week high, Patterson-UTI shares has been comfortably outperforming the Zacks categorized 'Oil & Gas Drilling' industry over the past 1 year. The company's large, high-quality fleet of drilling rigs – especially the technologically advanced ‘Apex’ ones – are the key to its success. We believe Patterson-UTI's impending acquisition of smaller rival Seventy Seven Energy will bolster its scale and customer base, while helping to enhance its geographic footprint to most active basins in the U.S. However, the ongoing weakness in commodity prices – despite the recent OPEC-driven recovery – has curtailed energy drilling and equipment demand thereby affecting the company’s revenues, earnings and cash flow. Hence, while being incrementally positive on Patterson-UTI, we expect the shares to remain soft until commodity prices recover sufficiently." (2/22/2017)
- Jefferies Group LLC analysts commented, "SVNT's 4Q16 brought strong margin improvement in Hydraulic Fracturing and Oilfield Rentals and continued market share gains in Drilling. Momentum continues to build in 2017 and we expect further boost from PTEN's significantly wider customer base. We continue to believe synergies can exceed $75MM (vs. guidance of $50MM+), primarily from sand logistics and SG&A optimization, post PTEN-SVNT merger. We raise PTEN pro-forma 2018E EBITDA to $915MM; raise PT to $35." (2/16/2017)
Who owns Patterson-UTI Energy stock?
Patterson-UTI Energy's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (8.36%), Van ECK Associates Corp (5.83%), State Street Corp (2.82%), Prudential PLC (2.28%), Thrivent Financial for Lutherans (1.04%) and Discovery Capital Management LLC CT (0.87%).
Who sold Patterson-UTI Energy stock? Who is selling Patterson-UTI Energy stock?
Patterson-UTI Energy's stock was sold by a variety of institutional investors in the last quarter, including RidgeWorth Capital Management LLC, Thrivent Financial for Lutherans, Cortina Asset Management LLC, Dimensional Fund Advisors LP, Castleark Management LLC, Janus Capital Management LLC, Guggenheim Capital LLC and Teachers Retirement System of The State of Kentucky.
Who bought Patterson-UTI Energy stock? Who is buying Patterson-UTI Energy stock?
Patterson-UTI Energy's stock was purchased by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Discovery Capital Management LLC CT, Marshall Wace LLP, Precocity Capital LP, FMR LLC, Paradigm Asset Management Co. LLC, Employees Retirement System of Texas and Russell Investments Group Ltd..
How do I buy Patterson-UTI Energy stock?
Shares of Patterson-UTI Energy can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of Patterson-UTI Energy stock cost?
One share of Patterson-UTI Energy stock can currently be purchased for approximately $27.06.