Global Hunter Securities Downgrades Patterson-UTI Energy (PTEN) to Accumulate

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/1/2026

1. INTC
2. AMZN
3. RDDT
4. PINS
5. COIN
6. FSLR
7. SYK
8. DASH
9. GILD
10. SBUX

Go back to Global Hunter Securities Downgrades Patterson-UTI Energy (PTEN) to Accumulate

Patterson-UTI Energy Reports Financial Results for Three and Six Months Ended June 30, 2015

July 23, 2015 6:00 AM EDT

HOUSTON, July 23, 2015 /PRNewswire/ -- PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and six months ended June 30, 2015.  The Company reported a net loss of $19.0 million, or $0.13 per share, for the second quarter of 2015, compared to net income of $54.3 million, or $0.37 per share, for the quarter ended June 30, 2014.  Revenues for the second quarter of 2015 were $473 million, compared to $757 million for the second quarter of 2014.

For the six months ended June 30, 2015 the Company reported a net loss of $9.9 million, or $0.07 per share, compared to net income of $89.1... More