After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility.
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Stocks Info
Patterson-UTI Energy Inc is listed on the NASDAQ in the Energy sector while operating in the Oil & Gas Drilling industry. The current market capitalization of Patterson-UTI Energy Inc is $3.26B. A total of 6.04 million shares were traded on the day, compared to an average of 7.88M shares.
In the most recent transaction, Gillard Matthew sold 60,000 shares of PTEN for 9.87 per share on Jun 18 ’24. After the transaction, the President-Completions now owns 114,692 company shares. In a previous transaction on May 20 ’24, Drummond Robert Wayne Jr sold 150,000 shares at 11.55 per share. PTEN shares that Director owns now total 2,007,895.
Among the insiders who sold shares, Drummond Robert Wayne Jr disposed of 187,916 shares on Feb 29 ’24 at a per-share price of $11.73. This resulted in the Director holding 2,473,239 shares of PTEN after the transaction. In another insider transaction, Drummond Robert Wayne Jr sold 65,344 shares at $11.76 per share on Mar 01 ’24. Company shares held by the Director now total 2,407,895.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. PTEN’s most recent ex-dividend date was 12/2/2024 when it declared a $0.08 quarterly dividend that was paid in cash on 12/16/2024. Previously, the company paid the dividend on 9/16/2024 with an ex-dividend date of 9/3/2024. The PTEN stock dividend was $0.08 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, PTEN has a high of $12.65 and a low of $7.38.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. PTEN’s latest balance sheet shows that the firm has $117.52M in Cash & Short Term Investments as of fiscal 2021. There were $877.32M in debt and $435.85M in liabilities at the time. Its Book Value Per Share was $9.14, while its Total Shareholder’s Equity was $1.61B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PTEN is Buy with a score of 4.21.
