Patterson-UTI Energy, Inc. press release
Patterson-UTI Energy Inc.: The Winning Streak Continues (PTEN)
NASDAQ - Nasdaq Stock Market · Oil · Natural Gas · Natural Gas Liquids · United States
Shares of Patterson-UTI Energy Inc. (NASDAQ:PTEN)traded today at $16.45, eclipsing its 52-week high. Approximately 403,000 shares have changed hands today, as compared to an average 30-day volume of 3.9 million shares.
In the past 52 weeks, Patterson-UTI Energy Inc. share prices are bracketed by a low of $6.07 and a high of $16.45 and is now at $16.12, 166% above that low price.
Patterson-UTI Energy Inc. (NASDAQ:PTEN) is currently priced 5.9% above its average consensus analyst price target of $15.17.
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States and maintains moderately sized pressure-pumping operations primarily in Texas and the Appalachian region. It also provides directional drilling services and tool rental services in most U.S. onshore oil and gas basins.
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