Patterson-UTI posts smaller quarterly loss on cost cuts [Reuters]
Patterson-UTI Energy, Inc. (PTEN)
Last patterson-uti energy, inc. earnings: 4/23 06:01 am
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Source: Reuters
Patterson-UTI posts smaller quarterly loss on cost cuts (Reuters) - Patterson-UTI Energy Inc ( PTEN.O ) reported a smaller quarterly loss on Thursday, as the oilfield services provider slashed costs by half in the face of ongoing decline in North American drilling activity. Net loss narrowed to $85.9 million, or 44 cents per share, in the fourth quarter ended Dec. 31, from a loss of $201.2 million, or 93 cents per share, a year earlier.
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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