Patterson-UTI Energy

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What an AI can tell you about Patterson-UTI Energy before investing.

How much time have you spent trying to decide whether investing in Patterson-UTI Energy? Many investors start with the dream of being free. They expect to find on the stock market an option to have time to develop their own interests and hobbies. That is, a way to escape a 9 to 5 job. However, investment is complex and investors end up spending whole days (and nights) trying to figure out which the right stock to invest is. The dream of stock investing becomes the nightmare of facing infinity amounts of information. As a solution, we programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Patterson-UTI Energy are: …

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Stock Summary

Patterson-UTI Energy provides contract drilling services to oil and natural gas operators in the United States and internationally. The Company also provides equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining.

Today's Summary

Patterson-UTI Energy was down more than 2% pre-bell. Mariner LLC raised its stake in shares of Patterson-utI Energy. Director Drummond Robert Wayne Jr Sells Shares of Patterson

Today's News

Patterson-UTI Energy PTEN said it operated an average of 122 drilling rigs in the US during February. Patterson-utI Energy was down more than 2% pre-bell. Patterson-UtI Energy has an annual dividend. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) shares opened at $11.74 on Friday. Mariner LLC raised its stake in shares of Patterson-utI Energy. The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 15. Director Drummond Robert Wayne Jr Sells Shares of Patterson-UTI Energy Inc (PTEN) On March 1, 2024, the insider sold a total of 253,260 shares of the company. The insider has sold a cumulative total of 251,000 shares and has not made any share purchases during this period. Patterson-UTI Energy stock has received a consensus rating of buy. The 58 analysts offering price forecasts for the stock have a median target of 18.87, with a high estimate of 26.00 and a low estimate of 12.00.

Stock Profile

"Patterson-UTI Energy, Inc., through its subsidiaries, provides contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas."

Keywords

The game is changing. There is a new strategy to evaluate Patterson-UTI Energy fundamental value, possible risks and most salient advantages. Investors have traditionally relied in reading large amounts of text to evaluate the fundamental value of a stock or company. However, the development of Artificial Intelligence (AI) tools is modifying the way investments are evaluated in markets. Today, machine learning, natural language processing and bigdata allow making this process automatic, reducing large amounts of text to the elements that have a higher activation in a neural network. We programmed an artificial intelligence that reads the whole internet and the uses natural language processing and vectorizers to summarize the information. Usually, the AI reads several hundred pages and summarize it to a short document. This document presents our results. We found that the most common words in the internet about Patterson-UTI Energy are: Energy, share, PattersonUTI, PTEN, PattersonutI, dividend, Inc, and the most common words in the summary are: energy, stock, pattersonuti, market, price, chevron_right, dividend, . One of the sentences in the summary was: Mariner LLC raised its stake in shares of Patterson-utI Energy. Other searches related to this term that the AI found were: stockmarketlive, livestock, stockmarketforbeginners, thestockmarket, stockmarkettoday, stockmarkettrading, stockmarketstocks, todaystockmarket, thestockmarket, marketnews, stockmarketnews, whatisstockmarket, usstockmarket, stockmarketopen. #energy #stock #pattersonuti #market #price #chevron_right #dividend.

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