StreetInsider.com News Articles

Patterson-UTI Energy (PTEN) PT Raised to $11 at Morgan Stanley

Wed, 15 Jul 2026 08:17:43 -0400

Morgan Stanley analyst Joe Laetsch raised the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $11.00 (from $10.00) while maintaining a Equalweight rating.

Piper Sandler lifts Halliburton, Patterson-UTI on stronger U.S. land outlook

Tue, 14 Jul 2026 09:09:34 -0400

Investing.com -- Piper Sandler on Tuesday upgraded Halliburton and Patterson-UTI Energy to Overweight from Neutral, arguing that despite ongoing geopolitical uncertainty in the Middle East and oil price volatility, improving U.S. land activity and a stronger long-term energy security outlook create an attractive entry point for the stocks ahead of second-quarter earnings.

The brokerage said the oilfield services sector remains in a "feeling of limbo" after crude prices surged above $110 a barrel during the U.S.-Israel-Iran conflict before retreating to around $70 following a June ceasefire. Renewed tensions around the Strait of Hormuz have since pushed prices back toward $75,

Piper Sandler lifts Halliburton, Patterson-UTI on stronger U.S. land outlook

Tue, 14 Jul 2026 09:09:34 -0400

Piper Sandler lifts Halliburton, Patterson-UTI on stronger U.S. land outlook

Tue, 14 Jul 2026 09:09:34 -0400

Piper Sandler lifts Halliburton, Patterson-UTI on stronger U.S. land outlook

Tue, 14 Jul 2026 09:09:34 -0400

Piper Sandler Upgrades Patterson-UTI Energy (PTEN) to Overweight

Tue, 14 Jul 2026 03:54:49 -0400

Piper Sandler analyst Derek Podhaizer upgraded Patterson-UTI Energy (NASDAQ: PTEN) from Neutral to Overweight with a price target of $13.00.

The analyst comments: “We like the entry point here for both HAL and PTEN after pulling back >20% from their mid-May highs. Despite the sharper than expected oil price retreat putting pressure on the stocks, the US Land fundamentals remain solid with the 2027/2028 strip at $70/67/b, a much better position than the sub-$60/b 2025 exit. Additionally, the activity rate-of-change is improving with rigs being added as PTEN expects to exit 2026 at 100+ rigs, up from 96 today (link) and

Piper Sandler Upgrades Patterson-UTI Energy (PTEN) to Overweight

Tue, 14 Jul 2026 03:54:49 -0400

Piper Sandler analyst Derek Podhaizer upgraded Patterson-UTI Energy (NASDAQ: PTEN) from Neutral to Overweight with a price target of $13.00.

Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast

Thu, 09 Jul 2026 20:15:00 -0400

HOUSTON, TX / ACCESS Newswire / July 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, July 30, 2026, at 9:00 a.m. Central Time to discuss results for the second quarter ended June 30, 2026.

Participants can access the call by dialing (833) 461-5787 in North America or (585) 542-9983 if International and referencing Meeting ID 227633549. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at investor.patenergy.com. A webcast replay of the conference

Patterson-UTI Energy Announces Second Quarter Earnings Conference Call and Webcast

Thu, 09 Jul 2026 20:15:00 -0400

Patterson-UTI Energy (PTEN) PT Lowered to $12 at Susquehanna

Wed, 08 Jul 2026 07:38:06 -0400

Susquehanna analyst Charles Minervino lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $12.00 (from $14.00) while maintaining a Positive rating.

Patterson-UTI averaged 95 rigs in June, 92 for Q2 2026

Mon, 06 Jul 2026 16:26:28 -0400

Patterson-UTI Energy (NASDAQ: PTEN) reported an average of 95 drilling rigs operating in the United States during June 2026, according to a press release from the Houston-based company.

For the three months ended June 30, 2026, the company averaged 92 drilling rigs operating in the United States.

The company noted that its monthly rig count reflects the average number of rigs earning revenue under a drilling contract in the United States. Patterson-UTI cautioned that average drilling rigs operating is one of several factors that can affect its operating results, and that a trend in rig count may not indicate a corresponding trend

Patterson-UTI Reports Drilling Activity for June 2026

Mon, 06 Jul 2026 16:25:00 -0400

HOUSTON, TX / ACCESS Newswire / July 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2026, the Company had an average of 95 drilling rigs operating in the United States. For the three months ended June 30, 2026, the Company had an average of 92 drilling rigs operating in the United States.

Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned

Patterson-UTI Reports Drilling Activity for June 2026

Mon, 06 Jul 2026 16:25:00 -0400

Patterson-UTI Energy (PTEN) PT Lowered to $10.50 at Citi

Mon, 29 Jun 2026 06:28:53 -0400

Citi analyst Scott Gruber lowered the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $10.50 (from $11.00) while maintaining a Neutral rating.

Patterson-UTI Energy (PTEN) PT Raised to $15 at Stifel

Tue, 16 Jun 2026 05:23:15 -0400

Stifel analyst Stephen Gengaro raised the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $15.00 (from $14.00) while maintaining a Buy rating.

The analyst comments "PTEN recently boosted expectations for 2Q26 EBITDA to be ~$220 million versus our prior $202 million estimate with the upside driven by momentum in both Drilling and Completions, including higher frac pricing. We view the higher 2Q26 guidance as a plus for PTEN and supportive of expectations for rising U.S. land activity over the next 12-18 months. Positive read through for U.S.-leveraged oil service names including for HAL, LBRT, and PUMP. We also highlighted additional details

Patterson-UTI Energy (PTEN) PT Raised to $15 at Stifel

Tue, 16 Jun 2026 05:23:15 -0400

Stifel analyst Stephen Gengaro raised the price target on Patterson-UTI Energy (NASDAQ: PTEN) to $15.00 (from $14.00) while maintaining a Buy rating.

Form 4 PATTERSON UTI ENERGY For: Jun 08 Filed by: Robinson Forrest C

Wed, 10 Jun 2026 17:17:00 -0400

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Form 4 PATTERSON UTI ENERGY For: Jun 08 Filed by: Robinson Forrest C

Wed, 10 Jun 2026 17:17:00 -0400

si-local-file:///var/storage/secattach/20260610/26630887.html

Form 4 PATTERSON UTI ENERGY For: Jun 05 Filed by: Hendricks William Andrew JR

Tue, 09 Jun 2026 16:18:00 -0400

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Form 4 PATTERSON UTI ENERGY For: Jun 05 Filed by: Hendricks William Andrew JR

Tue, 09 Jun 2026 16:18:00 -0400

si-local-file:///var/storage/secattach/20260609/26623912.html

Patterson-UTI Reports Drilling Activity for May 2026

Fri, 05 Jun 2026 17:15:00 -0400

HOUSTON, TX / ACCESS Newswire / June 5, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of May 2026, the Company had an average of 92 drilling rigs operating in the United States. For the two months ended May 31, 2026, the Company had an average of 90 drilling rigs operating in the United States.

Patterson-UTI Reports Drilling Activity for May 2026

Fri, 05 Jun 2026 17:15:00 -0400

Form 144 PATTERSON UTI ENERGY Filed by: Hendricks William Andrew JR

Fri, 05 Jun 2026 16:32:00 -0400

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Form 144 PATTERSON UTI ENERGY Filed by: Hendricks William Andrew JR

Fri, 05 Jun 2026 16:32:00 -0400

si-local-file:///var/storage/secattach/20260605/26611611.html

Form 8-K PATTERSON UTI ENERGY For: Jun 04

Thu, 04 Jun 2026 16:59:00 -0400

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