Reported 1 day ago
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) experienced a significant 14% increase in share price from June 5 to June 12, 2025, following positive investor updates about expected stronger adjusted free cash flow and a commitment to return at least 50% of it to shareholders. Analysts at RBC Capital have also maintained an 'Outperform' rating with a price target of $9.5, contributing to the stock's momentum amidst a favorable capital structure.
Source: YAHOO