Patterson-UTI Energy Inc (PTEN) shares edged lower on Thursday after the fourth-quarter revenue missed Wall Street estimates.
PTEN expects capital expenditures for 2025 to be around $600 million, with each segment planning to spend less than in 2024.
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Nisa Investment Advisors LLC lowered its stake in shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN – Free Report) by 74.3% ...
Morgan Stanley analyst Daniel Kutz maintained a Hold rating on Patterson-UTI (PTEN – Research Report) today and set a price target of $10.00.
Q4 2024 Management View CEO William Hendricks highlighted the company's strategic focus on delivering value-based solutions, streamlining costs, and allocating capital efficiently. He emphasized that ...