$14.99
-0.47 (-3.04%)
Patterson-UTI Energy, Inc. (PTEN)
CAPS Rating:
A provider of onshore contract drilling services to independent oil and natural gas operators. The Company is engaged in the development, exploration, acquisition and production of oil and natural gas.
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At the end of December 2007, Patterson-Uti Energy, Inc.'s revenues decreased 17% to $2.11B and it's net income before accounting changed decreased 35% to $438.6M. Sales from the contract drilling and drilling & completion fluids segments was down. The market cap for this stock is $3,847.600 and it employees 8,100 people. This is in the energy sector of the market and it is in the oil well services & equipment. Since this stock has been on the uptrend is ready to take a down trend.