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Patterson-UTI Energy Inc (PTEN)
Quote as of 9:58 AM ET 07/29/2010 (NASDAQ GS)
Last: 16.05 Change: $0.14 Percent Change: 0.88 Volume: 862,277
Patterson-UTI Energy, Inc. (Patterson-UTI) owns and operates fleets of land-based drilling rigs in the United States. The Company?s contract drilling business operates primarily in Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, Pennsylvania, West Virginia and western Canada. As of December 31, 2009, it had a drilling fleet that consisted of 341 marketable land-based drilling rigs. It provides pressure pumping services to oil and natural gas operators primarily in the Appalachian Basin. These services consist primarily of well stimulation and cementing for completion of new wells and remedial work on existing wells. It also owns and invests in oil and natural gas assets as a working interest owner. Its oil and natural gas interests are located primarily in Texas and New Mexico. The Company exited the drilling and completion fluids services business on January 20, 2010, and sold substantially all of the assets.

Analyst Opinions
  Current 1 Mo. 3 Mo.
Strong Buy 5.00 6.00 4.00
Buy 2.00 3.00 3.00
Hold 10.00 12.00 10.00
Sell 0.00 1.00 0.00
Strong Sell 2.00 3.00 2.00
  Average Recommendation
Current 1.79
1 Mo. Ago 1.84
3 Mo. Ago 1.82

Recommendation Scale

Strong Sell: 3.0 Hold: 2.0 Strong Buy: 1.0
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