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PTEN is expected to report lower revenues from the year-ago period. The company is anticipated to see a higher bottom line due to declining costs.
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HOUSTON, TX / ACCESS Newswire / April 7, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, April 24, 2025, at 9:00 a.m.
HOUSTON, TEXAS / ACCESS Newswire / April 3, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2025, the Company had an average of 106 drilling rigs operating in the United States.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Patterson-UTI (PTEN) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, RIG and HP.
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?
HOUSTON, TEXAS / ACCESS Newswire / March 6, 2025 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of February 2025, the Company had an average of 107 drilling rigs operating in the United States.
US drilling and completion activity looks to be stable in the near term. In the medium term, additional natural gas focused activity in the Haynesville shale represents a powerful driver for improved margins. LNG exports are expected to ramp by year-end 2025, which should be a catalyst to warrant renewed natural gas related activity.