Verity Asset Management Inc. lifted its stake in Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Free Report) by 56.7% during the 4th quarter, HoldingsChannel reports. The fund owned 37,702 shares of the oil and gas company’s stock after buying an additional 13,641 shares during the period. Verity Asset Management Inc.’s holdings in Patterson-UTI Energy were worth $407,000 […]
Patterson-UTI Energy (NASDAQ:PTEN – Get Free Report) had its price objective cut by Evercore ISI from $18.00 to $17.00 in a research note issued to investors on Friday, Benzinga reports. The brokerage presently has an “outperform” rating on the oil and gas company’s stock. Evercore ISI’s target price would suggest a potential upside of 59.18% […]
Patterson-UTI Energy (NASDAQ:PTEN – Get Free Report) announced its earnings results on Wednesday. The oil and gas company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.13 by $0.02, Zacks reports. The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.51 billion. Patterson-UTI Energy had a […]
Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Get Free Report) declared a quarterly dividend on Wednesday, May 1st, Zacks reports. Shareholders of record on Monday, June 3rd will be paid a dividend of 0.08 per share by the oil and gas company on Monday, June 17th. This represents a $0.32 dividend on an annualized basis and a […]
Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Get Free Report) declared a quarterly dividend on Wednesday, May 1st, Zacks reports. Stockholders of record on Monday, June 3rd will be paid a dividend of 0.08 per share by the oil and gas company on Monday, June 17th. This represents a $0.32 dividend on an annualized basis and a […]