NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy spending and risks cloud its outlook.

A number of stocks jumped in the afternoon session after Iran ruled out extending a 60-day memorandum of understanding with the United States.

“You get what you pay for” often applies to expensive stocks with best-in-class business models and execution. While their quality can sometimes justify the premium, they typically experience elevated volatility during market downturns when expectations change.

A number of stocks jumped in the morning session after the price of crude oil climbed due to escalating geopolitical tensions in the Middle East and persistent supply concerns. West Texas Intermediate (WTI) crude, the U.S. benchmark, rose to over $81 per barrel, while Brent crude, the international standard, neared $90. The gains follow reports of stalled ceasefire talks and a U.S. threat to maintain an indefinite naval blockade on Iran. These developments heighten fears of a wider conflict that

ESOP shelf registration puts Patterson-UTI Energy stock in focus Patterson-UTI Energy (PTEN) has filed a US$296.803 million shelf registration for up to 28,900,000 common shares tied to an Employee Stock Ownership Plan. This ESOP related move puts fresh attention on the stock. See our latest analysis for Patterson-UTI Energy. The ESOP shelf registration comes at a time when Patterson-UTI Energy's share price has been volatile. The company has recorded a 15.2% 7-day share price return and a...

Stocks trading between $10 and $50 can be particularly interesting as they frequently represent businesses that have survived their early challenges. However, investors should remain vigilant as some may still have unproven business models, leaving them vulnerable to the ebbs and flows of the broader market.

A number of stocks jumped in the morning session after Brent crude failed to break below $80 and rebounded to the mid-$80s, as traders kept a geopolitical risk premium priced into oil despite ongoing Strait of Hormuz negotiations. Over the previous 24 hours, the UAE-vessel incident reversed the earlier price drop that had assumed a path to de-escalation. At the same time, Kpler data from the previous two days showed shipping traffic through the Strait of Hormuz plummeted about 33%, with only a h

The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 37.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

BJ's, Patterson-UTI Energy and BrightSpring have been highlighted in this Screen of The Week article.

Here is how Patterson-UTI (PTEN) and SunCoke Energy (SXC) have performed compared to their sector so far this year.

BJ's Restaurants, Patterson-UTI Energy and BrightSpring Health Services stand out after recent broker upgrades, backed by projected solid 2026 earnings growth.

The headline numbers for Patterson-UTI (PTEN) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Patterson-UTI's longer contracts, higher dayrates and packed frac calendar point to better cash flow, but losses and commodity exposure remain.

Oilfield services company Patterson-UTI (NASDAQ:PTEN) beat Wall Street’s revenue expectations in Q2 CY2026, but sales were flat year on year at $1.23 billion. Its non-GAAP loss of $0 per share was significantly above analysts’ consensus estimates.

PTEN expects about 100 average U.S. rigs in Drilling Services during the third quarter, with adjusted gross profit projected at around $145 million.

Patterson-UTI Energy has almost doubled in the past year, yet current valuation checks suggest the stock now looks closer to fairly priced than clearly cheap. The share price has returned 98.6% over the last year, which puts recent gains front and center when thinking about what is already reflected in today's valuation. Future drilling activity and day-rate trends can support the current share price, while swings in energy demand and capital spending remain a key risk for how much investors...

Patterson-UTI Energy (PTEN) just released second quarter 2026 results, reporting revenue of US$1.23b, an earnings outcome at break-even rather than an expected loss, and continued investment in higher specification rigs and natural gas powered equipment. See our latest analysis for Patterson-UTI Energy. Patterson-UTI Energy's latest earnings beat aligns with a strong 22.29% one-month share price return and a 61.98% year-to-date share price gain. However, the three-year total shareholder...

After a week of wild swings that rattled portfolios and left investors guessing, Wall Street analysts are already reshuffling their ratings on Friday morning, with some surprising cuts and upgrades across sectors from utilities to gaming that could reshape how you think about your positions.

Patterson-UTI Energy Inc (PTEN) reports a 10% sequential revenue increase and significant pricing gains, while navigating a net loss from its Colombia exit and working capital headwinds.

Patterson-UTI Energy (NASDAQ:PTEN) reported second-quarter revenue of $1.228 billion, up 10% from the first quarter, as stronger drilling activity, higher pricing and near-full utilization of completion equipment lifted results across its operating segments. The company posted a net loss attributab

Moby summary of Patterson-UTI Energy, Inc.'s Q2 2026 earnings call

Patterson-UTI (PTEN) delivered earnings and revenue surprises of +100.00% and +6.97%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?

While the top- and bottom-line numbers for Patterson-UTI (PTEN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Oilfield services company Patterson-UTI (NASDAQ:PTEN) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, but sales were flat year on year at $1.23 billion. Its GAAP loss of $0.05 per share was $0.02 below analysts’ consensus estimates.

Oilfield services company Patterson-UTI (NASDAQ:PTEN) will be reporting earnings this Wednesday afternoon. Here’s what investors should know.

Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.

PTEN to report Q2 results on July 29, with estimates pointing to a narrower loss as lower operating costs offset pressure from weaker revenues.

The mean of analysts' price targets for Patterson-UTI (PTEN) points to a 25.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Caris Life Sciences stock has had a tough run over the past year, yet the valuation checks still lean in its favor, creating a gap between weak recent returns and what the broader metrics suggest about pricing. Over the past 12 months, Caris Life Sciences has fallen 47.3%, which raises the question of whether sentiment has swung too far relative to fundamentals. New products like the Caris Detect multi cancer screening test and the in house PTEN IHC testing may support expectations for...

The stocks in this article have caught Wall Street’s attention in a big way, with price targets implying returns above 20%. But investors should take these forecasts with a grain of salt because analysts typically say nice things about companies so their firms can win business in other product lines like M&A advisory.

Patterson-UTI (PTEN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Patterson-UTI Energy Inc. (NASDAQ:PTEN) is one of the 10 oversold NASDAQ stocks to invest in right now. On July 8, Charles Minervino from Susquehanna reduced his target price for Patterson-UTI Energy Inc. (NASDAQ:PTEN) from $14 to $12, leading to a revised upside potential of more than 39%. The analyst reiterated his Positive rating on the […]

Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index up 0.3% and the

Investing.com -- Piper Sandler on Tuesday upgraded Halliburton and Patterson-UTI Energy to Overweight from Neutral, arguing that despite ongoing geopolitical uncertainty in the Middle East and oil price volatility, improving U.S. land activity and a stronger long-term energy security outlook create an attractive entry point for the stocks ahead of second-quarter earnings.