Advertisement
Canada markets close in 24 minutes

  • S&P/TSX

    22,383.87
    +124.71 (+0.56%)
     

  • S&P 500

    5,212.60
    +24.93 (+0.48%)
     

  • DOW

    39,386.61
    +330.22 (+0.85%)
     

  • CAD/USD

    0.7312
    +0.0024 (+0.33%)
     

  • CRUDE OIL

    79.51
    +0.52 (+0.66%)
     

  • Bitcoin CAD

    85,292.89
    +255.61 (+0.30%)
     

  • CMC Crypto 200

    1,340.96
    +40.86 (+3.15%)
     

  • GOLD FUTURES

    2,343.80
    +21.50 (+0.93%)
     

  • RUSSELL 2000

    2,070.48
    +15.34 (+0.75%)
     

  • 10-Yr Bond

    4.4490
    -0.0430 (-0.96%)
     

  • NASDAQ

    16,348.78
    +46.02 (+0.28%)
     

  • VOLATILITY

    12.88
    -0.12 (-0.92%)
     

  • FTSE

    8,381.35
    +27.30 (+0.33%)
     

  • NIKKEI 225

    38,073.98
    -128.39 (-0.34%)
     

  • CAD/EUR

    0.6779
    +0.0003 (+0.04%)
     
MARKETS LIVE BLOG:

STOCKS HOLD GAINS AS DOW EXTENDS 6-DAY WINNING STREAK

Warner Bros. Discovery 'always looking at opportunities' amid Paramount buyout talks

Patterson-UTI (PTEN) Jumps: Stock Rises 7%

Zacks Equity Research

Patterson-UTI Energy, Inc. PTEN was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $10.31–$13.06 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of no increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Patterson-UTI currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

Patterson-UTI Energy, Inc. Price

Patterson-UTI Energy, Inc. Price
Patterson-UTI Energy, Inc. Price

Patterson-UTI Energy, Inc. price | Patterson-UTI Energy, Inc. Quote

ADVERTISEMENT

Investors interested in the Oil and Gas – Drilling industry may consider Ensco Rowan plc ESV, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is PTEN going up? Or down? Predict to see what others think: Up or Down

Will you retire a millionaire?

One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”

Click to get it free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Ensco plc (ESV) : Free Stock Analysis Report
 
Patterson-UTI Energy, Inc. (PTEN) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research