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Enter Symbol:
 
Patterson-uti Energy, Inc. (PTEN) [hlAlert]

Rating:
Accumulate
PTEN
down 4.98 %

Patterson-uti Energy, Inc. (PTEN) rated Accumulate with price target $18 by Global Hunter Securities

Posted on: Monday,  Jul 27, 2015  11:25 AM ET by Global Hunter Securities

Global Hunter Securities rated Accumulate Patterson-uti Energy, Inc. (NASDAQ: PTEN) on 07/27/2015, when the stock price was $15.86.
Since then, Patterson-uti Energy, Inc. has lost 4.98% as of 11/30/2015's recent price of $15.07.
If you would have followed this Global Hunter Securities's recommendation on PTEN, you would have lost 4.98% of your investment in 126 days.

Patterson is one of the leading providers of domestic land drillingservices to major & independent oil & natural gas companies. The Company focuses its operations in Texas & southeast New Mexico. The Company currently has a drilling fleet of 114 drilling rigs, 108 of which are currently operable. The Company is also engaged in the development, exploration, acquisition & production of oil and natural gas; however, due to the substantial growth in the Company's drilling contract operations, the oil & natural gas operations are no longer material to the Company's overall operations.

Global Hunter Securities uses a disciplined quantitative and qualitative approach, our analysts are focused on covering small-cap companies with unique value and above average growth, primarily in the following sectors: Consumer, Energy, Healthcare, Industrial, Services and Technology. Additionally, Global Hunter Securities has analysts specifically focused on Special Situations and International opportunities. Global Hunter Securities' analysts maintain strong relationships and ongoing dialogue with management teams and industry professionals to ensure propitious access to information.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2015 11:25 AM Buy
None
15.86 18.00
as of 8/27/2015
1 Week down  -10.82 %
1 Month down  -24.68 %
3 Months down  -28.20 %
1 YTD down  -4.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2014 9:25 AM Buy
None
28.14 33.00
4/27/2012 9:25 AM Hold
None
16.53 16.00
10/28/2011 9:25 AM Hold
None
21.30 24.00
9/23/2011 9:25 AM Buy
None
17.51 28.00
4/14/2011 8:25 AM Buy
None
27.86

(*) Stock Price at the time of the recommendation.
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