Patterson-UTI Energy (PTEN) - FREE Research Report Buckner Charles Oliver who is Director at Patterson-UTI Energy sold 10,000 shares at $25.14 on Dec. 23, 2013. Following this transaction, the Director owned 11,000 shares meaning that the stake was reduced by 47.62% with the 10,000-share transaction. The shares most recently traded at $25.36, up $0.22, or 0.87% since the insider transaction. The average volume for Patterson-UTI Energy has been 2.6 million shares per day over the past 30 days. Patterson-UTI Energy has a market cap of $3.6 billion and is part of the basic materials sector and energy industry. Shares are up 34.08% year-to-date as of the close of trading on Monday. Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The stock currently has a dividend yield of 0.79%. The company has a P/E ratio of 16.2. Currently there are 4 analysts that rate Patterson-UTI Energy a buy, 2 analysts rate it a sell, and 7 rate it a hold. Exclusive Offer: Get the latest Stock Analysis on PTEN - FREE TheStreet Quant Ratings rates Patterson-UTI Energy as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Patterson-UTI Energy Ratings Report from TheStreet Quant Ratings now. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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