Patterson-UTI Energy's Earnings Are a Tale of 2 Businesses [The Motley Fool]
Patterson-UTI Energy, Inc. (PTEN)
Last patterson-uti energy, inc. earnings: 4/23 06:01 am
Check Earnings Report
US:NASDAQ Investor Relations:
patenergy.com
Company Research
Source: The Motley Fool
Its two business segments are running in opposite directions right now, which makes investing in the business as a whole a challenging question. Looking at Patterson-UTI Energy ( NASDAQ:PTEN ) is like looking at two sides of a coin. While one of its large business segments is still posting losses despite North American drilling going gangbusters right now, the other is cashing in. This dichotomy likely has investors wondering what exactly to make of this company and the prospects of its stock. So let's drill down into the company's most recent earnings release to see what these numbers mean and what investors should make of the whole situation. Image source: Getty Images. By the numbers Metric Q1 2018 Q4 2017 Q1 2017 Revenue $809.2 million $787.3 million $305.1 million Operating income ($22.1 million) ($21.6 million) ($92.9 million) Net income ($34.4 million) $195.4 million ($63.5 million) EPS ($0.16) $0.
Show less
Read more
Impact Snapshot
Event Time:
PTEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTEN alerts
High impacting Patterson-UTI Energy, Inc. news events
Weekly update
A roundup of the hottest topics
PTEN
News
- Earnings Preview: Patterson-UTI (PTEN) Q1 Earnings Expected to Decline [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Energy, Inc. (NASDAQ: PTEN) had its price target lowered by analysts at Bank of America Co. from $14.50 to $14.00. They now have a "buy" rating on the stock.MarketBeat
- Patterson-UTI Energy Announces First Quarter Earnings Conference Call and WebcastAccesswire
- Patterson-UTI Energy, Inc. (NASDAQ: PTEN) had its "positive" rating re-affirmed by analysts at Susquehanna. They now have a $16.00 price target on the stock.MarketBeat
- Top buy-rated stocks and sell-rated stocks within Energy - Citi [Seeking Alpha]Seeking Alpha
PTEN
Earnings
- 2/14/24 - Beat
PTEN
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- 4/11/24 - Form DEF
- PTEN's page on the SEC website