Patterson-UTI Energy, Inc. (NASDAQ:PTEN)

CAPS Rating: 2 out of 5

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.


Player Avatar ctstone (< 20) Submitted: 9/23/2008 11:39:25 AM : Outperform Start Price: $19.12 PTEN Score: -88.47

When the price of a barrel of oil rises, PTEN will lease more of its rigs as oil companies desperately try to find new reserves for addicted consumers.

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