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Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?
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HOUSTON, TEXAS / ACCESS Newswire / August 5, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of July 2025, the Company had an average of 98 drilling rigs operating in the United States.
While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended June 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
PTEN expects a slight sequential decline in SG&A expenses and depreciation, depletion, amortization, and impairment expense to total around $230 million for the third quarter.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q2 2025 Earnings Conference Call July 24, 2025 10:00 AM ET Company Participants C. Andrew Smith - Executive VP & CFO Michael James Sabella - Vice President of Investor Relations William Andrew Hendricks - President, CEO & Director Conference Call Participants Atidrip Modak - Goldman Sachs Group, Inc., Research Division Connor Patrick Jensen - Raymond James & Associates, Inc., Research Division Daniel Robert Kutz - Morgan Stanley, Research Division Derek John Podhaizer - Piper Sandler & Co., Research Division Douglas Lee Becker - Capital One Securities, Inc., Research Division Grant Hynes - JPMorgan Chase & Co, Research Division Jeffrey Michael LeBlanc - Tudor, Pickering, Holt & Co. Securities, LLC, Research Division John Matthew Daniel - Daniel Energy Partners, LLC Keith MacKey - RBC Capital Markets, Research Division Saurabh Pant - BofA Securities, Research Division Scott Andrew Gruber - Citigroup Inc., Research Division Stephen David Gengaro
Patterson-UTI (PTEN) came out with a quarterly loss of $0.06 per share versus the Zacks Consensus Estimate of a loss of $0.04. This compares to earnings of $0.05 per share a year ago.
HOUSTON, TX / ACCESS Newswire / July 23, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2025.
Here's a preview of what to expect from energy stocks EQNR, CLB, OII and PTEN ahead of their quarterly earnings reports, set to be released tomorrow.
PTEN is expected to report lower revenues from the year-ago period. The company anticipates lower operating costs in the to-be-reported quarter.