Patterson-UTI Energy Inc (PTEN) Is Not Likely To Be The Same Tomorrow

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.

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 $2.35B. A total of 18.65 million shares were traded on the day, compared to an average of 11.51M shares.

In the most recent transaction, Hendricks William Andrew JR bought 25,000 shares of PTEN for 7.88 per share on Mar 12 ’25. After the transaction, the President & CEO now owns 2,482,592 company shares. In a previous transaction on Mar 07 ’25, STEWART JAMES CARL sold 192,000 shares at 7.41 per share. PTEN shares that Director owns now total 1,005,254.

Among the insiders who sold shares, STEWART JAMES CARL disposed of 48,149 shares on Mar 07 ’25 at a per-share price of $7.42. This resulted in the Director holding 85,475 shares of PTEN after the transaction. In another insider transaction, JCS Partners LP bought 192,000 shares at $7.37 per share on Mar 07 ’25.

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 3.9% when it declared a $0.08 quarterly dividend that was paid in cash on 3/3/2025. Previously, the company paid the dividend on 12/2/2024 with an ex-dividend date of 4.02%. 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 $11.69 and a low of $5.12.

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 $8.95, 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 3.93.

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