Patterson-UTI Energy (PTEN) News Today

Royal Bank of Canada cut their price objective on shares of Patterson-UTI Energy from $15.00 to $14.00 and set an "outperform" rating for the company in a report on Friday.

Natixis acquired a new stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 51,700 shares of the oil and gas company's stock, valued at approximately $617,000.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN) declared a quarterly dividend on Wednesday, July 24th. Stockholders of record on Tuesday, September 3rd will be given a dividend of 0.08 per share by the oil and gas company on Monday, September 16th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.07%. The ex-dividend date of this dividend is Tuesday, September 3rd.

UniSuper Management Pty Ltd purchased a new stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 82,953 shares of the oil and gas company's stock, valued at a

Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) has earned an average rating of "Moderate Buy" from the twelve analysts that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating, eight have issued a buy rating and one h

Westfield Capital Management Co. LP increased its position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 13.2% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,884,494 shares of the oil and gas com

Patterson-UTI Energy (NASDAQ:PTEN) Shares Gap Down to $10.71

Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) was the target of some unusual options trading on Thursday. Investors bought 51,223 put options on the stock. This represents an increase of 431% compared to the average volume of 9,643 put options.

Russell Investments Group Ltd. grew its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 5.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,460,835 shares of the oil and gas comp

Stifel Nicolaus decreased their price target on Patterson-UTI Energy from $19.00 to $16.00 and set a "buy" rating for the company in a research note on Tuesday.

Mirae Asset Global Investments Co. Ltd. trimmed its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 40.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 98,463 shares of t

Bank of America lowered their target price on shares of Patterson-UTI Energy from $14.00 to $12.50 and set a "buy" rating on the stock in a research note on Monday.

Susquehanna Fundamental Investments LLC purchased a new stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 413,549 shares of the oil and gas comp

LSV Asset Management decreased its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 11.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 775,058 shares of the oil and gas company's stock afte

Quantbot Technologies LP acquired a new stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 173,857 shares of the oil and gas company's stock, valued at approximate

BNP Paribas Financial Markets reduced its position in Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 28.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 645,705 shares of the oil and gas

Patterson-UTI Energy (NASDAQ:PTEN) Hits New 52-Week Low at $9.51

Vaughan Nelson Investment Management L.P. grew its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 15.7% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 3,064,107 shares of the oil and gas company's stock

Allspring Global Investments Holdings LLC raised its position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 10.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,303,828 shares of the o

StockNews.com downgraded shares of Patterson-UTI Energy from a "hold" rating to a "sell" rating in a research note on Tuesday.

Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve research firms that are presently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, eight have issu

Viking Fund Management LLC cut its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 72.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,000 shares of the oil and gas company's stock

ARGA Investment Management LP purchased a new position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 116,460 shares of the oil and gas company's s

StockNews.com lowered shares of Patterson-UTI Energy from a "hold" rating to a "sell" rating in a research report on Friday.

Goldman Sachs Group Inc. trimmed its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 4,391,193 shares of the oil and gas company's stock after sel

Patterson-UTI Energy (NASDAQ:PTEN) Sets New 12-Month Low at $9.68

Fisher Asset Management LLC cut its holdings in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,958,054 shares of the oil and gas company's st

StockNews.com raised Patterson-UTI Energy from a "sell" rating to a "hold" rating in a report on Thursday.

Blackstone Inc. lessened its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) by 17.7% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 28,720,953 shares of the oil and gas company's stock a

Balyasny Asset Management L.P. bought a new position in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,154,779 shares of the oil and gas company

1832 Asset Management L.P. purchased a new position in 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 purchased 157,949 shares of the oil and gas company's st

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, valued

Shares 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 a

Norges 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,

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 af

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 c

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 265,78

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 tha

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 gas