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Stock Market & Financial Investment News

News Breaks
February 7, 2013
10:47 EDTPTENCorrection: Patterson-UTI Energy gaps up after results, levels to watch
The company reported earnings of 40 cents for its Q4 versus expectations of $29 cents. Shares are currently up over 7.4% at time of writing, off the highs of the session. At the current price of $22.36, resistance is at $23.26, the session high. Support is at $22.14, a prior pivot high from January 2012. NOTE: A prior story in the same form above indicated February 2012 as the pivot high date, thanks to subscriber who caught the error.
News For PTEN From The Last 14 Days
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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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