Sicart Associates LLC Takes Position in Patterson-UTI Energy, Inc. (PTEN)

Sicart Associates LLC Takes Position in Patterson-UTI Energy, Inc. (PTEN)

Elm Ridge Management Llc sold 37,954 shares as the company's stock declined 16.81% while stock markets rallied. The Rr Advisors Llc holds 657,000 shares with $27.04M value, up from 624,000 last quarter. Patterson-UTI Energy, Inc. earnings have declined with an annualized rate of -25% over the last 5 years. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76.

As of now, the company boasts of 34 new institutional holders holding shares worth $11.87 million and the sold out positions were 54 amounting to 15.43 million shares. (NYSE:JPM) has risen 33.74% since January 12, 2017 and is uptrending. It has outperformed by 16.21% the S&P500. The institutional investor held 201,974 shares of the consumer electronics and appliances company at the end of 2017Q3, valued at $4.89 million, down from 234,197 at the end of the previous reported quarter. The investor is now holding $5.38 million shares due in part to a decrease of 1.5 million new shares in their portfolio. Finally, Goldman Sachs Group, Inc. (NASDAQ:PTEN). Zurcher Kantonalbank (Zurich Cantonalbank) invested 0% in Patterson-UTI Energy, Inc.

Investors sentiment decreased to 0.87 in Q3 2017. Its down 0.25, from 1.66 in 2017Q2. Glenmede Trust Na invested in 4,176 shares. 72 funds opened positions while 272 raised stakes. 378.89 million shares or 0.65% less from 381.37 million shares in 2017Q2 were reported. Hollencrest Secs Ltd Liability Corporation owns 7,235 shares or 0.04% of their USA portfolio. Paloma Management invested in 79,076 shares. Zurcher Kantonalbank (Zurich Cantonalbank) invested in 0% or 7,448 shares. Eqis Inc holds 0.02% or 18,232 shares in its portfolio. Bollard Group Lc has 0.44% invested in General Electric Company (NYSE:GE). Schwab Charles Inv Management accumulated 771,726 shares or 0.01% of the stock. 14,599 were reported by Comm Financial Bank. Gmt has 363,800 shares for 0.74% of their portfolio. Whittier stated it has 60 shares or 0% of all its holdings. 13,220 are held by Brookfield Asset. About 2.22M shares traded. Therefore 83% are positive. The firm earned "Accumulate" rating on Tuesday, July 28 by Global Hunter Securities. Deutsche Bank began coverage on shares of Patterson-UTI Energy in a research report on Tuesday, October 10th. The stock has "Buy" rating by Piper Jaffray on Thursday, July 27. The stock has "Neutral" rating by Citigroup on Friday, September 16. Patterson-UTI Energy has a 12 month low of $14.83 and a 12 month high of $29.76. Piper Jaffray maintained the stock with "Buy" rating in Monday, July 10 report. As per Tuesday, April 19, the company rating was maintained by Morgan Stanley. The oil and gas company reported ($0.13) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.17) by $0.04. As per Wednesday, October 14, the company rating was maintained by Keefe Bruyette & Woods.

Since August 21, 2017, it had 0 insider purchases, and 2 insider sales for $1.12 million activity. Time Warner Inc now has $71.67B valuation. (NYSE:PNC) or 19,576 shares. The other 30 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. Vanguard Grp Inc reported 17.67 million shares. (NYSE:PNC) or 46,307 shares. The analysts are organized by industry, giving them deep insight into developments that may affect profits and stock performance.


Sell-side analyst recommendations point to a short term price target of $25.26 on the shares of Patterson-UTI Energy, Inc. The business's quarterly revenue was up 232.3% compared to the same quarter last year. analysts forecast that Patterson-UTI Energy will post -0.8 earnings per share for the current fiscal year. The firm earned "Hold" rating on Wednesday, June 21 by BMO Capital Markets. Large-cap companies usually have a market capitalization of $10 billion and up. (NASDAQ:PTEN) earned "Outperform" rating by BMO Capital Markets on Friday, September 4. (NASDAQ:PTEN). Horizon Kinetics Limited Liability Corporation holds 493,742 shares. Seven analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company. Commonwealth Equity Svcs has invested 0% in Patterson-UTI Energy, Inc. Howard Weil downgraded the stock to "Sector Perform" rating in Monday, March 28 report. As per Friday, October 27, the company rating was maintained by Nomura. (NYSE:JPM) on Tuesday, January 17 to "Mkt Perform" rating.

Patterson-UTI Energy, Inc is an oilfield services company. Wells Fargo upgraded the shares of PTEN in report on Monday, January 11 to "Outperform" rating.

Investors sentiment decreased to 0.69 in Q3 2017. The analyst recommendations from a month ago are 16 Buy, 1 Overweight, 0 Sell, 0 Hold and 0 Underweight. It worsened, as 40 investors sold PTEN shares while 64 reduced holdings. 118 funds opened positions while 525 raised stakes. (PTEN) worth $128.14 million at the end of the most recent reporting period. Included are the S&P 500 and 450 of the next largest market cap and widely-held stocks. Parametric Assocs Limited Liability Corp accumulated 393,732 shares. (NASDAQ:PTEN). Profund Advsrs Lc owns 35,993 shares for 0.03% of their portfolio. Sg Americas reported 31,689 shares. Commercial Bank Of America Corp De reported 4.44M shares stake. After $0.91 actual earnings per share reported by J.B. Hunt Transport Services, Inc. for the previous quarter, Wall Street now forecasts 13.19% EPS growth. (NASDAQ:PTEN) or 18.65 million shares. 9,644 are held by Dupont Capital Management. (NYSE:JPM). Segment Wealth Mgmt Limited Com owns 49,379 shares or 1.25% of their U.S. portfolio. Eaton Vance Mngmt holds 158,624 shares. Putnam Limited invested in 0.01% or 267,452 shares. Cubist Systematic Strategies Limited Liability Com has 0.06% invested in Patterson-UTI Energy, Inc. (NASDAQ:PTEN) for 55,000 shares. Jarislowsky Fraser holds 0% or 3,290 shares. State Of Wisconsin Invest Board stated it has 42,404 shares. PTEN has a beta of 1.06 and therefore an above average level of market volatility. It also upped Cyrusone Inc (NASDAQ:CONE) stake by 29,389 shares and now owns 122,196 shares. Crown Castle International Corp.

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related News:

  • CES 2018 Had a Blackout and The Tweets Are Hilarious

    CES 2018 Had a Blackout and The Tweets Are Hilarious

    Intel tweeted , "Introducing Blackout TM: The biggest thing to hit #CES2018 since #5G". "[CES] Central Hall electricity went out". The CES logo is seen during CES 2018 at the Las Vegas Convention Center on January 10, 2018 in Las Vegas , Nevada.

    Lincoln National Corp Has $2.03 Million Stake in McDonald's Co. (NYSE:MCD)

    Paloma Prns Mgmt stated it has 25,202 shares or 0.05% of all its holdings. 31 funds opened positions while 136 raised stakes. The fast-food giant reported $1.76 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.75 by $0.01.
    Outside View: Proposed Korea talks should unite allies

    Outside View: Proposed Korea talks should unite allies

    He has indicated he is open to many different options, including military strikes on North Korea's launch capabilities. But South Korea and the United States has maintained that the exercises were defensive in nature.
  • Senator calls false missile alert 'inexcusable'

    It's unclear why the alert went out . "It was a false alarm based on a human error". "There is no missile threat", he tweeted. Tulsi Gabbard (D-Hawaii) also tried to calm their constituents in the message, calling it a "false alarm".
    West Ham could ditch £16m striker Hernandez

    West Ham could ditch £16m striker Hernandez

    Moyes wrote in his column for Standard Sport : "Like most , if not all managers, I don't much like this window". Yet that merely stung the Hammers into action and just 11 SECONDS after the break they were ahead once again.
    Dark Souls Remastered will feature 2K unconverted textures on the PC

    Dark Souls Remastered will feature 2K unconverted textures on the PC

    The remaster is a complete rework of the game from the ground up in a new game engine and will be available for PS4, Xbox, PC, and Switch.
  • Steelers WR expected to play Sunday despite illness

    Steelers WR expected to play Sunday despite illness

    Head coach Mike Tomlin says he kept Brown away from Friday's practice to prevent his illness from spreading to other players. But, he's officially listed as questionable on the injury report and has missed the last couple of weeks.
    What Are Analysts Report About Teva Pharmaceutical Industries Limited (TEVA)

    What Are Analysts Report About Teva Pharmaceutical Industries Limited (TEVA)

    It has underperformed by 58.40% the S&P500.The move comes after 9 months positive chart setup for the $20.36 billion company. The stock, as of last close, traded 76.22% away to its 52 week low and was at a distance of -49.60% from its 52 week high.
    Real Madrid vs. Villarreal live stream

    Real Madrid vs. Villarreal live stream

    Los Blancos now sit 16 points behind leaders FC Barcelona , after they drew 2-2 with Celta Vigo last weekend. Its next league game is on Saturday against sixth-place Villarreal .
  • Panthers claiming Cam Newton had knee injury, not concussion

    Panthers claiming Cam Newton had knee injury, not concussion

    My helmet had came down low enough over my eyelid and it got pressed by the player's stomach I believe. The NFL learned about the injury while interviewing Panthers officials over the phone this week.

    Verizon Communications Inc. (VZ) Position Cut by Private Asset Management Inc

    As per Monday, January 25, the company rating was maintained by RBC Capital Markets. (NASDAQ:SYNC) rating on Tuesday, October 18. The cell phone carrier reported $0.98 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.98.

    Investors Buy Shares of Freeport-McMoRan (FCX) on Weakness

    FCX has conspicuous measure of stock oscillations; average true range may be heating up this temperature with value of 0.57. Old West Investment Management Llc sold 111,597 shares as the company's stock declined 21.33% while stock markets rallied.


Most liked

$0.13 EPS Expected for Cabot Oil & Gas Co. (COG) This Quarter
Analysts are turning out to be more optimistic than before, with 10 of analysts who cover Dave & Buster's Entertainment, Inc. Bradley Foster & Sargent Inc increased Cabot Oil & Gas Corp Cl A (COG) stake by 13.7% reported in 2017Q3 SEC filing.

(INTC) Shares Bought by Westpac Banking Corp
Following the completion of the transaction, the insider now owns 1,536 shares in the company, valued at approximately $71,777.28. It is flat, as 52 investors sold INTC shares while 663 reduced holdings. only 127 funds opened positions while 608 raised stakes.

Army Chief: Army Ready To Call Pakistan's Nuke Bluff
The ISPR chief said Pakistan is a responsible nuclear state with a professional army, therefore India "must not remain in illusion".

Fortnite Battle Royale talks Map Update in new video
Williamson said that the different "biomes" have been divided up more clearly, so as to help distinguish them from each other. The swamp feels swampier, the mountains feel more mountain-ey...really, the different areas of the map feel more unique.

After Logan Paul incident, Google Preferred YouTube videos will face further vetting
The news comes as YouTube released a statement confirming that Paul would be punished for his misdeeds. It adds that it was taking steps to ensure similar videos are never circulated again.

Stock under Discussion: Teekay Offshore Partners LP (TOO)
It is negative, as 60 investors sold CVS shares while 571 reduced holdings. 14 funds opened positions while 13 raised stakes. Arrow Investment Advisors Llc bought 198,728 shares as the company's stock declined 38.73% while stock markets rallied.

Sanchez future uncertain as United, City circle
Manchester United manager Jose Mourinho describes Alexis Sanchez as a "phenomenal player" and offers a hint that the Arsenal forward is on his radar.

Amazon's Alexa is coming to Toyota and Lexus cars
The Vuzix Blade Augmented Reality Smart Glasses, as the company calls it, will set interested consumers back a hefty $1,000. With Alexa's entry to Windows 10 devices, the digital assistant now poses a greater threat to Siri and Google Assistant.

Sex Offender Allowed To Finish College Before Continuing Sentence
Neurauter, 21, pleaded guilty to one count of sexual interference and was sentenced last week to 89 days in jail. Giving evidence, the girl said at one point Neurauter choked her before handing over a bra as a gift.

Spartak Moscow Condemned By Anti-Racism Groups For Offensive Twitter Post
Leonid Mironov, the club's youth-team captain, was last month charged with racist behaviour towards Liverpool's Rhian Brewster during a UEFA Youth League match.

Liam Neeson says there is a "witch hunt" in sexual misconduct allegations
Dustin Hoffman has been accused of sexual assault by multiple women , of exposing himself to a minor and of sexual harassment. During his appearence on last night's Late Late Show , he also stated that "the focus was on Hollywood" at the moment.

Trump's 'shithole' comments stirred anger and condemnation, but not from everyone
Trump allegedly said after being presented with a proposal to restore protections for immigrants from the countries in question. The two men said they "do not recall the President saying those comments specifically" but also didn't deny he said them.

Vijayawada celebrates National Youth Day in style with Anil Kumble
Union Minister for Culture (Independent Charge) Mahesh Sharma will be the guest of honour on the occasion. There was a lot of propaganda against India in the West that Swami Vivekananda proved false, the PM said.

Southwest Airlines (NYSE:LUV) Cut to "Hold" at ValuEngine
Peapack Gladstone Financial Corp raised its holdings in shares of Southwest Airlines by 2.5% during the 2nd quarter. A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock.

Oh well: Trump is in excellent health, White House doctors confirm
Meanwhile, Mr Trump is in excellent health after undergoing his first medical check-up as president, according to his doctor. Farris said that the comments were "another example of him (Trump) speaking without knowing the facts".