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Patterson-UTI: OPEC Production Increases Create A Blurry Future (Rating Downgrade)
Seeking Alpha·2025-05-19 10:45

Patterson-UTI Energy (NASDAQ: PTEN ) is an oil and gas service provider that operates mainly in the United States. The recent decline in crude oil prices has caused several producers to slightly trim drilling activity.I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties ...