PTEN posted a narrower-than-expected Q1 loss and beat revenue estimates, helped by stronger performance in its Drilling and Completion segments. The result was still below year-ago levels, but the revenue and earnings surprise should be modestly supportive for shares.
PTEN posted a narrower-than-expected Q1 loss and beat revenue estimates, helped by stronger performance in its Drilling and Completion segments. The result was still below year-ago levels, but the revenue and earnings surprise should be modestly supportive for shares.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.35
Ticker Sentiment
