After Hours
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.
Stocks Info
PTEN belongs to the Energy sector of the NASDAQ while operating in the Oil & Gas Drilling industry. The current market capitalization of Patterson-UTI Energy Inc is $2.53B. A total of 6.09 million shares were traded on the day, compared to an average of 13.32M shares.
In the most recent transaction, STEWART JAMES CARL sold 74,500 shares of PTEN for 5.51 per share on Jun 02 ’25. After the transaction, the Director now owns 925,254 company shares. In a previous transaction on May 09 ’25, STEWART JAMES CARL sold 5,500 shares at 5.98 per share. PTEN shares that Director owns now total 999,754.
Among the insiders who bought shares, JCS Partners LP acquired of 80,000 shares on May 09 ’25 at a per-share price of $6.00. In another insider transaction, Hendricks William Andrew JR bought 25,000 shares at $7.88 per share on Mar 12 ’25. Company shares held by the President & CEO now total 2,482,592.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, PTEN has a high of $11.27 and a low of $5.12.
As of this writing, PTEN has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of -$0.01 per share and a lower estimate of -$0.04.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $8.88, while its Total Shareholder’s Equity was $1.61B.
Analysts Opinion
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. 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 3.92.