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0.00085947571981105 0.00300816501933822 0.00300816501933822 -0.00257842715943269 0.0180489901160293 -0.01890846583584 -0.0133218736570691 0.00859475719810928
Stock impact report

Patterson-UTI (PTEN) Q4 Earnings and Sales Beat Estimates [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
This outperformance can be attributed to the impressive performance of the Completion Services and Drilling Services segments. However, the bottom line declined from the year-ago quarter's level of 46 cents. This underperformance can be attributed to poor contribution from the Other Operations segment. Total revenues of $1.6 billion beat the Zacks Consensus Estimate of $1.5 billion. The top line also improved 100.9% on a year-over-year basis. This outperformance can be attributed to PTEN's improved revenue contribution from its Completion Services segment on a year-over-year basis. Patterson-UTI will pay its quarterly dividend of 8 cents per share on Mar 15, 2024, to shareholders of record as of Mar 1, 2024. Its share repurchase authorization had $1 billion left as of Dec 31, 2023. Patterson-UTI Energy, Inc. Price, Consensus and EPS Surprise Patterson-UTI Energy, Inc. price-consensus-eps-surprise-chart | Patterson-UTI Energy, Inc. Quote Segmental Performances Drilling Serv Show less Read more
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