Patterson-UTI Energy Reports Financial Results for the Quarter Ended September 30, 2024
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CapitalOne Reiterates Equal-weight Rating on Patterson-UTI Energy (PTEN)
October 25, 2024 5:51 AM EDTCapitalOne analyst Doug Becker reiterated an Equal-weight rating and $15.00 price target on Patterson-UTI Energy (NASDAQ: PTEN).
The analyst comments "PTEN +0.1% vs the OIH -1.1% at time of writing. PTEN is modestly outperforming despite a -3% adj EBITDA miss vs consensus and... More
Barclays Reiterates Overweight Rating on Patterson-UTI Energy (PTEN)
October 24, 2024 5:39 AM EDTBarclays 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
