Trade Patterson-UTI Energy, Inc. - PTEN CFD

Trading Conditions

• Type: CFD
• Spread: 0.08
• Long position overnight funding adjustment: -0.02149%
• Short position overnight funding adjustment: -0.00074%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: 10.69
• Open: 10.78
• 1-Year Change: 28.33%
• Day's Range: 10.64 - 10.9

What is Patterson UTI (PTEN)?

Patterson-UTI Energy, Inc. is a company engaged in the contract drilling of oil and natural gas wells in the United States. It provides land-based drilling services and related oilfield services primarily to exploration and production companies. The company operates a fleet of drilling rigs and offers directional drilling services, pressure pumping, and other oilfield services. Its operations span various oil and gas basins across the country, supporting the extraction and development of hydrocarbon resources. The company focuses on delivering drilling solutions that meet the technical and operational requirements of its clients. It also invests in technology and equipment to enhance drilling efficiency and safety. Patterson-UTI Energy plays a role in the energy sector by facilitating the exploration and production activities that contribute to domestic energy supply. The company’s services are integral to the upstream segment of the oil and gas industry, supporting the development of oil and natural gas reserves.

Patterson UTI Stock Price Today: Live Overview

The price today is shaped by live market activity, as Patterson UTI trades at $10.95. The intraday range runs between $10.61 and $10.9, capturing a daily change of +1.7807%.

FAQ: Patterson UTI (PTEN)

What is the current price of PTEN stock?

The current price stands at $10.95.

Does PTEN pay dividends?

Patterson UTI pays dividends via cash distributions (if applicable).

Does PTEN have a formal corporate presence or regional headquarters in the UAE?

Patterson UTI operates in the UAE through partners and distributors without an official office or subsidiary.

What is PTEN best known for?

The company is most famous for its land drilling services in the oil and gas industry.

What assets are typically shown together with PTEN?

Commonly shown alongside PTEN: China Oilfield Services, HighPeak Energy, Inc., HighPeak Energy, Inc.