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Stock impact report

Is Patterson UTI Energy Mispriced After a 31% Slide and Strong Cash Flow Outlook? [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
The stock has slid to around $5.89, falling about 6.8% over the last week and roughly 30.9% year to date, which has understandably made investors question whether sentiment has swung too far. Recent headlines have focused on shifting oil and gas spending plans, consolidation across North American drilling contractors, and ongoing efforts by service companies to streamline operations and capital allocation. Together, these themes help explain why the market has repriced Patterson-UTI Energy, even as its underlying asset base and contract footprint remain strategically important in the shale patch. Despite that weak share price performance, Patterson-UTI Energy currently has a valuation score of . This suggests it screens as undervalued across every one of our checks. Next we will look at the different valuation approaches behind that score before finishing with a more holistic way to think about what the stock might be worth. Find out why Patterson-UTI Energy's -15.5% return ove Show less Read more
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