Patterson-UTI Reports Drilling Activity for December 2024
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Stifel Reiterates Buy Rating on Patterson-UTI Energy (PTEN)
January 7, 2025 10:07 AM ESTStifel analyst Stephen Gengaro reiterated a Buy rating and $13.00 price target on Patterson-UTI Energy (NASDAQ: PTEN)
The analyst comments "PTEN operated 105 U.S. land rigs during 4Q24 versus our 106 estimate, and expects 1Q25 to be relatively flat sequentially, close to our current forecasts. For 2025,... More
