Patterson-UTI Energy, Inc. press release
Shares of Patterson-UTI Energy Inc. (PTEN) Have Risen Above Previous 52-Week High
NASDAQ - Nasdaq Stock Market · Oil · Natural Gas · Natural Gas Liquids · United States
Shares of Patterson-UTI Energy Inc. (NASDAQ:PTEN)traded today at $13.36, eclipsing its 52-week high. Approximately 403,000 shares have changed hands today, as compared to an average 30-day volume of 3 million shares.
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.
Patterson-UTI Energy Inc. share prices have moved between a 52-week high of $13.36 and a 52-week low of $5.99 and are now trading 122% above that low price at $13.27 per share.
Patterson-UTI Energy Inc. (NASDAQ:PTEN) is currently priced 2.3% above its average consensus analyst price target of $12.96.
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