Patterson-UTI Energy Q2 Earnings Miss, Sales Beat Estimates, Fall Y/Y
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.
Earnings Summary on Patterson-UTI Energy
Patterson-UTI Energy ( NASDAQ:PTEN ) , a large oilfield services provider focused on drilling and completion operations across North America, reported financial results for Q2 2025 on July 23, 2025. The headline: GAAP revenue totaled $1.20 billion, slightly missing analyst estimates, while a net ...
Watch These 4 Energy Stocks for Q2 Earnings: Beat or Miss?
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.
Patterson-UTI Energy to Post Q2 Earnings: Here's What to Expect
PTEN is expected to report lower revenues from the year-ago period. The company anticipates lower operating costs in the to-be-reported quarter.
NBR Stock Down 56% in a Year: Should Investors Hold or Move On?
NBR struggles with declining U.S. drilling margins, high debt, geopolitical risks, integration costs and volatile rig counts, raising concerns for investors.
Oil & Gas Drilling Is Struggling - But These 3 Names Stand Out
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.
Here's Why Hold Strategy Is Apt for Transocean Stock Now
RIG boasts strong backlog, cost savings and global contracts, but faces net losses, high debt, idle rigs and pricing pressure in a volatile market.
Patterson-UTI's Earnings and Revenues Surpass Estimates in Q1
PTEN expects selling, general and administrative expenses of $65 million, and depreciation, depletion, amortization and impairment expenses of $230 million for the second quarter.
Patterson-UTI Energy to Post Q1 Earnings: Here's What to Expect
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.
3 Oil & Gas Drilling Stocks Navigating a Volatile Market
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, RIG and HP.
Here's Why Retain Strategy is Apt for Transocean Stock Now
RIG holds a strong position in offshore drilling with high demand and innovative technology, but its high debt and financial losses could affect growth prospects.
Why Is Patterson-UTI ( PTEN ) Down 14.7% Since Last Earnings Report?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Why Is Patterson-UTI ( PTEN ) Down 14.7% Since Last Earnings Report?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should Pacer US Small Cap Cash Cows 100 ETF ( CALF ) Be on Your Investing Radar?
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Is Pacer US Small Cap Cash Cows 100 ETF ( CALF ) a Strong ETF Right Now?
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Patterson-UTI Energy's Q4 Earnings Fall Y/Y, Sales Lag Estimates
PTEN expects capital expenditures for 2025 to be around $600 million, with each segment planning to spend less than in 2024.
Patterson-UTI Energy to Post Q4 Earnings: Here's What to Expect
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.
Is SPDR S&P Oil & Gas Equipment & Services ETF ( XES ) a Strong ETF Right Now?
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Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF ( XES ) ?
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Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF ( XES ) ?
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Here's Why Hold Strategy is Apt for Transocean Stock Now
RIG's advanced fleet and strong backlog offer growth opportunities, but its high debt, underperformance against peers and market risks could affect profitability.
VAL, PTEN, RIG: 3 Oil & Gas Drilling Stocks Holding Promise
Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, RIG and PTEN.
Patterson-UTI ( PTEN ) Up 4.9% Since Last Earnings Report: Can It Continue?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Patterson-UTI Energy's Q3 Earnings Fall Y/Y, Sales Beat Estimates
PTEN projects its fourth-quarter expenses to total $65 million for selling, general and administrative costs and $150 million for capital expenditures.
Patterson-UTI Energy to Report Q3 Earnings: What's in Store for the Stock?
PTEN is expected to report higher revenues from the year-ago period. The company is anticipated to see a lower bottom line due to rising costs.
Why Hold Strategy Makes Sense for Nabors Industries Right Now
NBR offers an appealing valuation with strong cash generation. Yet, high debt, market fluctuations and geopolitical risks should temper investors' enthusiasm.
SLB, ADNOC Drilling, Patterson-UTI Join Forces To Accelerate UAE's Unconventional Oil Program - Schlumberger ( NYSE:SLB )
On Monday, Schlumberger N.V. SLB disclosed the formation of a joint venture ( JV ) with ADNOC Drilling Company and Patterson-UTI Energy, Inc. PTEN called Turnwell Industries LLC OPC. The JV aims to accelerate the UAE's unconventional oil and gas program.
Why Is Patterson-UTI ( PTEN ) Down 13.6% Since Last Earnings Report?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Patterson-UTI ( PTEN ) Q2 Earnings Fall Y/Y, Sales Lag Estimates
Patterson-UTI (PTEN) anticipates to generate 40% of its free cash flow from adjusted EBITDA by 2024.
Patterson-UTI ( PTEN ) to Report Q2 Earnings: What's in Store?
Patterson-UTI (PTEN) is expected to report higher revenues from the year-ago period's level. Despite this increase, the company is anticipated to see a lower bottom line due to rising costs.
Patterson-UTI Energy ( NASDAQ:PTEN ) Cut to Sell at StockNews.com
Patterson-UTI Energy ( NASDAQ:PTEN - Get Free Report ) was downgraded by research analysts at StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Tuesday.
Patterson-UTI Energy ( NASDAQ:PTEN ) Upgraded to Hold by StockNews.com
StockNews.com upgraded shares of Patterson-UTI Energy ( NASDAQ:PTEN - Free Report ) from a sell rating to a hold rating in a research note issued to investors on Thursday morning. PTEN has been the subject of a number of other reports.
Drilling Rig Market size is set to grow by USD 14.6 billion from 2024-2028, Increase in oil and gas demand boost the ... - PR Newswire
Drilling Rig Market size is set to grow by USD 14.6 billion from 2024-2028, Increase in oil and gas demand boost the ... PR ...
Patterson-UTI ( PTEN ) Down 0.1% Since Last Earnings Report: Can It Rebound?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Patterson-UTI Energy Recent Insider Activity - Patterson-UTI Energy ( NASDAQ:PTEN )
Disclosed on May 22, Wayne Robert Drummond Jr, Director at Patterson-UTI Energy PTEN, executed a substantial insider sell as per the latest SEC filing. What Happened: Jr's decision to sell 150,000 shares of Patterson-UTI Energy was revealed in a Form 4 filing with the U.S.
Patterson-UTI ( PTEN ) Teams Up With ADNOC Drilling in the UAE
Patterson-UTI's (PTEN) subsidiary, Patterson-UTI International Holdings, Inc., partners with ADNOC Drilling for a UAE project, enhancing oilfield operations with U.S. shale expertise and strategic growth.
Patterson-UTI ( PTEN ) Q1 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) expects Completion Services revenues of $860 million for the second quarter, with direct operating costs of $690 million and adjusted gross profit of $170 million.
Patterson-UTI Energy ( NASDAQ:PTEN ) Lowered to Sell at StockNews.com
Patterson-UTI Energy ( NASDAQ:PTEN - Get Free Report ) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a research report issued on Tuesday. PTEN has been the topic of a number of other reports.
Patterson-UTI Energy ( NASDAQ:PTEN ) Lifted to Hold at StockNews.com
StockNews.com upgraded shares of Patterson-UTI Energy ( NASDAQ:PTEN - Free Report ) from a sell rating to a hold rating in a research note issued to investors on Monday morning. PTEN has been the subject of a number of other reports.
Patterson-UTI ( PTEN ) Down 2% Since Last Earnings Report: Can It Rebound?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Should You Invest in the Invesco S&P SmallCap Energy ETF ( PSCE ) ?
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Reliance Steel & Aluminum Posts Upbeat Earnings, Joins JFrog, AppLovin, Shake Shack And Other Big Stocks Moving Higher On Thursday - Albemarle ( NYSE:ALB ) , American Well ( NYSE:AMWL )
U.S. stocks were mostly higher, with the Dow Jones index gaining more than 150 points on Wednesday. Shares of Reliance Steel & Aluminum Co. RS rose sharply in today's session after the company reported fourth-quarter earnings above estimates and issued above-consensus first-quarter FY24 adjusted ...
Patterson-UTI ( PTEN ) Q4 Earnings and Sales Beat Estimates
Patterson-UTI (PTEN) plans to spend $740 million on capital expenditures in 2024. The company expects an effective tax rate of 24% and annual cash taxes of $35-$45 million for the year.
Four Stocks With Big Rebound Potential: The Casualty List
Buying good stocks on bad news is a sound methodology, I believe. You may not catch the exact bottom, but you're likely to find a good entry point. Each quarter, I compile a Casualty List of stocks that have been knocked down in the quarter just concluded, and that I think have excellent rebound ...
Should You Invest in the Invesco S&P SmallCap Energy ETF ( PSCE ) ?
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Patterson-UTI ( PTEN ) Down 10.7% Since Last Earnings Report: Can It Rebound?
Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Insider Selling: THOM TIFFANY CEPAK Unloads $176K Of Patterson-UTI Energy Stock - Patterson-UTI Energy ( NASDAQ:PTEN )
Disclosed on December 5, THOM TIFFANY CEPAK, Director at Patterson-UTI Energy PTEN, executed a substantial insider sell as per the latest SEC filing. What Happened: CEPAK opted to sell 15,000 shares of Patterson-UTI Energy, according to a Form 4 filing with the U.S.
Patterson-UTI ( PTEN ) Q3 Earnings Miss, Revenues Top
Patterson-UTI (PTEN) expects total capital outlay for the fourth quarter of 2023 to be approximately $190 million.
Patterson-UTI Energy ( NASDAQ:PTEN ) Downgraded by StockNews.com to "Sell"
Patterson-UTI Energy ( NASDAQ:PTEN ) Downgraded by StockNews ... Defense World ...
Zacks Industry Outlook Highlights Helmerich & Payne, Patterson-UTI Energy and Seadrill
Helmerich & Payne, Patterson-UTI Energy and Seadrill are part of the Zacks Industry Outlook article.
