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Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable…
Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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Patterson-UTI Energy, Inc. (NASDAQ: PTEN - Get Free Report) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $11.06 and traded as high as $11.96. Patterson-UTI Energy shares last traded at $11.54, with a volume of 9,245,685 shares changing hands. Wall Street Analysts Forecast Growth PTEN
HOUSTON, TX / ACCESS Newswire / October 9, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of September 2026, the Company had an average of 103 drilling rigs operating in the United States.