Patterson-UTI Energy (PTEN) Reports Q3 Loss Per Share of $1.54

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Go back to Patterson-UTI Energy (PTEN) Reports Q3 Loss Per Share of $1.54

Patterson-UTI Energy (PTEN) Reports 8c EPS Beat; Cowen Remains Bullish

October 23, 2015 7:39 AM EDT

Cowen maintained an Outperform rating on Patterson-UTI Energy (NASDAQ: PTEN), and cut the price target to $18.00 (from $20.00), following the company's 3Q15 earnings results. Adjusted EPS of a loss of 26c beat consensus loss of 34c, however adj. EPS includes ~13c of benefit from non-recurring... More