Charles Schwab Launches ETF OneSource and 4 Stocks that Have Hit 52-Week Highs
Patterson-Uti Energy (NASDAQ:PTEN): Closing Price $22.90
The company reports a Q4 revenue totaling $652.8 million, consensus $600.57 million. It says that the average number of rigs operating during Q4 was 198 in the United States, exceeding expectations, and 7 rigs in Canada. The company expects to have an average of 97 rigs operating under term contracts during 2013, including an average of about 123 rigs during Q1. The shares closed at $22.90, up $2.1 or 10.1 percent on the day. They have traded in a 52-week range of $12.81 to $20.86.