Patterson-UTI Energy, Inc. — News

First FDA-approved IHC assay identifies patients who may be eligible for combination treatment with TRUQAP® (capivasertib) BURLINGTON, N.C., Aug. 4, 2026 /PRNewswire/ -- Labcorp (NYSE: LH), a global leader of innovative and comprehensive laboratory services, announced the nationwide availability of Roche's VENTANA® PTEN (SP218) RxDx Assay, the first immunohistochemistry (IHC) companion diagnostic test approved by the U.S. Food and Drug Administration (FDA) to determine PTEN protein loss, also known as PTEN deficiency, in tumors of patients with prostate adenocarcinoma.

prnewswire.com - 2026-08-04 07:00:00

PTEN expects about 100 average U.S. rigs in Drilling Services during the third quarter, with adjusted gross profit projected at around $145 million.

zacks.com - 2026-08-03 11:35:28

Patterson-UTI Energy, Inc. (PTEN) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-31 16:13:23

After a week of wild swings that rattled portfolios and left investors guessing, Wall Street analysts are already reshuffling their ratings on Friday morning, with some surprising cuts and upgrades across sectors from utilities to gaming that could reshape how you think about your positions.

247wallst.com - 2026-07-31 07:51:44

Patterson-UTI Energy NASDAQ: PTEN reported second-quarter revenue of $1.228 billion, up 10% from the first quarter, as stronger drilling activity, higher pricing and near-full utilization of completion equipment lifted results across its operating segments.

marketbeat.com - 2026-07-30 15:05:38

Patterson-UTI (PTEN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to a loss of $0.06 per share a year ago.

zacks.com - 2026-07-29 21:36:15

While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

zacks.com - 2026-07-29 20:31:05

HOUSTON, TX / ACCESS Newswire / July 29, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended June 30, 2026.

accessnewswire.com - 2026-07-29 17:10:00

PTEN to report Q2 results on July 29, with estimates pointing to a narrower loss as lower operating costs offset pressure from weaker revenues.

zacks.com - 2026-07-24 11:02:05

The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 25.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

zacks.com - 2026-07-22 10:56:20

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com - 2026-07-22 10:41:08

Oil's rally above $80 could lift demand for Patterson-UTI's drilling services and TechnipFMC's onshore and offshore technologies.

zacks.com - 2026-07-21 12:15:36

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.

zacks.com - 2026-07-15 11:01:04

Escalating U.S.-Iran tensions are lifting oil prices, while HAL and PTEN remain below industry EV/EBITDA averages after strong rallies.

zacks.com - 2026-07-14 12:31:06

IRVING, Texas, July 14, 2026 /PRNewswire/ -- Caris Life Sciences® (NASDAQ: CAI), a leading patient-centric next-generation AI TechBio company and precision medicine pioneer, today announced it will offer in-house PTEN immunohistochemistry (IHC) testing following the recent FDA approval of a biomarker-guided therapy and companion diagnostic assay. This testing is designed to help identify patients with PTEN-deficient metastatic androgen pathway modulation-naïve or -sensitive (mAPMN/S) prostate cancer (previously known as metastatic hormone-sensitive prostate cancer) who are eligible for the newly approved biomarker-guided therapy, representing a significant advancement in precision oncology for this disease.

prnewswire.com - 2026-07-14 08:30:00

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.

accessnewswire.com - 2026-07-09 20:15:00

Here is how Patterson-UTI (PTEN) and Suncor Energy (SU) have performed compared to their sector so far this year.

zacks.com - 2026-07-08 10:41:14

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.

accessnewswire.com - 2026-07-06 16:25:00

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com - 2026-07-06 10:40:23

The heavy selling pressure might have exhausted for Patterson-UTI (PTEN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.

zacks.com - 2026-07-06 10:36:03

Patterson-UTI Energy, Inc. (PTEN) is rated a hold due to short-term oil price volatility and long-term demand uncertainty. PTEN's Q1 2026 revenue declined 12.75% YoY, with negative net income in six of the last seven quarters. DCF analysis implies a $27.08 intrinsic value per share, but near-term oil price declines suggest PTEN will likely remain below $11 in the next year.

seekingalpha.com - 2026-07-01 18:12:39

WILMINGTON, Del.--(BUSINESS WIRE)--AstraZeneca's TRUQAP® (capivasertib) in combination with abiraterone and prednisone has been approved in the US as the first and only targeted treatment for adult patients with PTEN-deficient metastatic androgen pathway modulation-naïve or sensitive (mAPMN/S) prostate cancer, previously referred to as metastatic hormone-sensitive prostate cancer (mHSPC), as detected by a US Food and Drug Administration (FDA)-authorized test.1 The approval by the US FDA was bas.

businesswire.com - 2026-06-12 18:44:00

Does Patterson-UTI (PTEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

zacks.com - 2026-06-11 13:01:12

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.

accessnewswire.com - 2026-06-05 17:15:00

Here is how Patterson-UTI (PTEN) and Ring Energy (REI) have performed compared to their sector so far this year.

zacks.com - 2026-06-02 10:40:57

On May 27, 2026, Patterson-UTI Energy Inc (PTEN) shares fell 5.3% to a current price of $11.48. The stock has experienced a 52-week range from $5.10 to $13.08,

gurufocus.com - 2026-05-27 20:39:00

Patterson-UTI turns producer spending into rigs, completion work, and wellsite services. The focus for investors is whether high fleet utilization is becoming pricing power and free cash flow after a quarter that still ended in a loss.

fool.com - 2026-05-27 15:46:29

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, HP and NBR.

zacks.com - 2026-05-27 09:00:50

Patterson-UTI (PTEN) reported earnings 30 days ago. What's next for the stock?

zacks.com - 2026-05-22 12:32:20

Flowco is more focused on production optimization. artificial lift and emissions-management solutions, while Patterson-UTI has broader exposure to drilling, completions and drilling products.

zacks.com - 2026-05-22 09:11:04

Does Patterson-UTI (PTEN) have what it takes to be a top stock pick for momentum investors? Let's find out.

zacks.com - 2026-05-19 13:01:07

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

zacks.com - 2026-05-12 10:41:30

Operating one of North America's largest drilling fleets, this oilfield services firm reported a notable insider sale in its latest filing.

fool.com - 2026-05-11 20:04:03

Patterson-UTI Energy delivers contract drilling and pressure pumping services to oil and gas producers across North America.

fool.com - 2026-05-07 18:41:00

HOUSTON, TX / ACCESS Newswire / May 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2026, the Company had an average of 88 drilling rigs operating in the United States.

accessnewswire.com - 2026-05-06 17:45:00