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AAPL 206.655 1.0044% MSFT 384.86 2.7965% NVDA 106.185 3.3833% GOOGL 158.72 2.1693% GOOG 160.73 1.9084% AMZN 185.5673 2.7504% META 530.91 2.0451% AVGO 187.43 5.9465% BRK-A 795500.0 0.8495% BRK-B 530.135 0.6312% LLY 855.05 3.0901% TSLA 255.535 1.9123% TSM 163.78 3.783% V 336.305 0.5787% JPM 243.935 1.2683% UNH 426.3 -0.3879% NVO 62.61 2.137% WMT 95.78 0.8635% LVMUY 113.69 1.6632% XOM 108.77 1.3039%

mid-cap

How is Needle Moving in this NASDAQ- Listed Energy Stock: PTEN

Apr 08, 2025 | Team Kalkine
How is Needle Moving in this NASDAQ- Listed Energy Stock: PTEN
Image source: shutterstock

PTEN:NASDAQ
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) 

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) is a provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States.  As per our previous US Dailies report published on ‘PTEN’ on 11th Sep 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 7.75 based on technical analysis and the stock price has now moved down by ~29.55% since then.

Noted below are the details of support and resistance levels provided in our previous report:

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Kalkine Equities LLC, with Delaware File Number 4697384, Foreign Qualification Registration in California File Number 202109211078, and Texas File Number 805521396, is authorized to provide general advice only. The information on https://kalkine.com/ does not take into account any of your investment objectives, financial situation or needs. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. The link to our Terms and Conditions  and Privacy Policy has been provided for your reference. On the date of publishing the reports (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.

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