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 at a new 52-week high today of $14.12. So far today approximately 403,000 shares have been exchanged, as compared to an average 30-day volume of 3.2 million shares.
In the past 52 weeks, shares of Patterson-UTI Energy Inc. have traded between a low of $5.99 and a high of $14.12 and is now at $13.62, which is 127% above that low price.
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. has overhead space with shares priced $13.62, or 2.2% below the average consensus analyst price target of $13.93.
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