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Stock Market & Financial Investment News

News Breaks
January 7, 2014
08:02 EDTNBR, PTENLong Nabors Industries, short Patterson-UTI good pair trade, says Bernstein
Bernstein recommends buying Nabors Industries (NBR) and shorting Patterson-UTI Energy (PTEN) as a good short-term pair trade "around the quarter."
News For NBR;PTEN From The Last 14 Days
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July 24, 2014
06:18 EDTPTENPatterson-UTI Energy reports Q2 EPS 37c, consensus 32c
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July 23, 2014
10:02 EDTPTENOn The Fly: Analyst Upgrade Summary
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09:10 EDTPTENPatterson-UTI Energy upgraded to Accumulate from Hold at Tudor Pickering
July 22, 2014
17:38 EDTNBRNabors Industries optimistic about the growth prospects for venture
Company concluded, "It is becoming increasingly apparent that virtually every element of our business is experiencing improving fundamentals manifested through improving utilization and pricing. Construction of the numerous new rigs we have in progress remains on track and within budget. The contribution of these deployments combined with a favorable pricing environment across every market and the incremental demand for new rigs globally yield a high degree of growth visibility for the foreseeable future. We are particularly optimistic about the growth prospects for our venture with C&J in the Completion & Production Services business."
17:36 EDTNBRNabors Industries reports Q2 EPS with items 21c, consensus 23c
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July 14, 2014
09:55 EDTPTENHigh option volume stocks: PTEN MFRM GTIV SHPG IMMR
July 11, 2014
07:11 EDTPTENPatterson-UTI Energy price target raised to $44 from $39 at RBC Capital
RBC Capital increased its price target on Patterson-UTI Energy as the firm is positive on the outlook for U.S. land drillers and likes the company's frac operating leverage, improving cash margins and valuation. The firm keeps an Outperform rating on the shares.

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