From Yahoo Finance: 2025-06-13 03:38:00

Patterson-UTI Energy, Inc. (NASDAQ: PTEN) saw a 14% surge in share price between June 5 and June 12, 2025, landing it among the Energy Stocks that Gained the Most This Week.

The company is a top provider of drilling and completion services to oil and natural gas exploration and production firms in the U.S. and select countries.

PTEN recently announced expectations for stronger adjusted free cash flow in the latter half of 2025 and plans to return at least 50% of this to shareholders, backed by a solid capital structure.

RBC Capital analysts have maintained an ‘Outperform’ rating on PTEN, with a price target of $9.5.

While PTEN shows promise, consider other AI stocks with greater upside potential and lower downside risk.

Check out 10 Cheap Energy Stocks to Buy Now and 15 Best Large Cap Energy Stocks to Buy According to Hedge Funds.



Read more at Yahoo Finance: Here is Why Patterson-UTI Energy (PTEN) Gained This Week