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Stock impact report

Patterson-UTI (PTEN) Climbs 8% as Q1 Earnings Loom, War Impact in Focus [Yahoo! Finance]

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: Yahoo! Finance
Patterson-UTI grew its share prices by 8.09 percent on Tuesday to close at $10.56 apiece, as investors loaded portfolios ahead of the results of its earnings performance for the first quarter of the year. In a notice on its website, Patterson-UTI Energy Inc. (NASDAQ:PTEN) said that it is scheduled to report its first quarter financial and operating highlights during market hours on Thursday, April 23. A conference call will be organized to elaborate on the results. Photo from Patterson-UTI website Optimism can be partly attributed to the US-Israeli war on Iran, which spiked up oil prices during the quarter, potentially creating a spillover to the drilling sector. Additionally, investors are expected to watch for Patterson-UTI Energy Inc.'s (NASDAQ:PTEN) outlook for the second quarter of the year, as oil prices remain elevated amid uncertainties over a peace deal. Last week, two investment firms issued coverage for Patterson-UTI Energy Inc. (NASDAQ:PTEN), with Citigroup main Show less Read more
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