Patterson-UTI Energy (PTEN) PT Lowered to $25 at Deutsche Bank
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Patterson-UTI Energy Reports Financial Results for Three and Twelve Months Ended December 31, 2017
February 8, 2018 6:00 AM ESTHOUSTON, Feb. 8, 2018 /PRNewswire/ --Â PATTERSON-UTI ENERGY, INC. (NASDAQ: PTEN) today reported financial results for the three and twelve months ended December 31, 2017. Â The Company reported net income of $195 million, or $0.88 per share, for the fourth quarter of 2017, compared to a net loss of $78.1 million, or $0.53 per share, for the quarter ended December 31, 2016. Â Revenues for the fourth quarter of 2017 were $787 million, compared to $247 million for the fourth quarter of 2016.Â
For the year ended December 31, 2017, the Company reported net income of $5.9 million, or $0.03 per share, compared to a net loss of $319 million,... More
