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Stock Market & Financial Investment News

News Breaks
April 24, 2014
06:11 EDTPTENPatterson-UTI Energy reports Q1 EPS 24c, consensus 25c
Reports Q1 revenue $678.17M, consensus $678.66M. Andy Hendricks, Patterson-UTI's CEO, stated, "We experienced strong growth in our rig count, which averaged 193 rigs in the United States during Q1, an increase of 10 from 183 rigs in 4Q13. In Canada, our average rig count increased to 10 rigs in Q1 from nine rigs in Q4. Our rig count in the United States continues to grow, and we expect to average 199 rigs operating during April, while in Canada our rig count is being impacted by the annual seasonal decline in activity and is expected to average one rig during April."
News For PTEN From The Last 14 Days
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July 27, 2015
10:00 EDTPTENOn The Fly: Analyst Downgrade Summary
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09:28 EDTPTENPatterson-UTI downgraded to Accumulate from Buy at Global Hunter
Global Hunter downgraded Patterson-UTI to Accumulate with an $18 price target. The firm downgraded shares citing an uncertain E&P spending outlook and high consensus expectations.
July 23, 2015
06:02 EDTPTENPatterson-UTI reports Q2 EPS (13c), consensus (27c)
Reports Q2 revenue $472.76M, consensus $439.77M.
July 22, 2015
15:26 EDTPTENNotable companies reporting before tomorrow's open
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July 16, 2015
10:00 EDTPTENOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Arc Logistics (ARCX) upgraded to Buy from Hold at Stifel... Dean Foods (DF) upgraded to Buy from Hold at Deutsche Bank... FreightCar America (RAIL) upgraded to Neutral from Sell at UBS... Frontier Communications (FTR) upgraded to Buy from Hold at Jefferies... Google (GOOG) upgraded to Outperform from Market Perform at BMO Capital... Intel (INTC) upgraded to Buy from Hold at Needham... Medtronic (MDT) upgraded to Buy from Neutral at BTIG... Netflix (NFLX) upgraded to Buy from Neutral at Rosenblatt... New Jersey Resources (NJR) upgraded to Buy from Hold at Argus... ONEOK Partners (OKS) upgraded to Outperform from Perform at Oppenheimer... Patterson-UTI (PTEN) upgraded to Overweight from Equal Weight at Morgan Stanley... SJM Holdings (SJMHY) upgraded to Overweight from Underweight at JPMorgan... Statoil (STO) upgraded to Buy from Neutral at Citi... SunOpta (STKL) upgraded to Outperform from Sector Perform at Scotia Howard Weil... Viacom (VIAB) upgraded to Neutral from Sell at Citi... Walgreens Boots Alliance (WBA) upgraded to Outperform from Neutral at Credit Suisse... Werner (WERN) upgraded on 'compelling' valuation at Wells Fargo... Wisconsin Energy (WEC) upgraded to Outperform from Neutral at Baird... voxeljet (VJET) upgraded to Overweight from Neutral at Piper Jaffray.
07:52 EDTPTENPatterson-UTI upgraded to Overweight from Equal Weight at Morgan Stanley
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