Patterson-UTI Energy (PTEN) 13K contracts of November 9 calls trade

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Barclays Reiterates Overweight Rating on Patterson-UTI Energy (PTEN)

October 24, 2024 5:39 AM EDT

Barclays analyst J. David Anderson reiterated an Overweight rating and $12.00 price target on Patterson-UTI Energy (NASDAQ: PTEN).

The analyst comments "PTEN reported adjusted EBITDA of $275mm, 4%/3% below Barclays/consensus. Revenue increased 1% q/q to $1,357mm (6%/5% above Barclays/consensus) but was more... More