Advertisement
Patterson-UTI Energy Sees Q4 Net Income Exceeding $100 Mln
(RTTNews) - Providing an update on the fourth quarter results on Wednesday, oilfield services provider Patterson-UTI Energy, Inc. (PTEN) announced that it expects its net income for the fourth quarter of 2022 to exceed $100 million and its adjusted EBITDA for the fourth quarter of 2022 to surpass $230 million, based on current projections.
In aggregate, the Company has returned $74.3 million to shareholders in the fourth quarter through its regularly scheduled dividend and the purchase of approximately 3.3 million shares of its common stock for $57.2 million. The Company also repurchased $22.4 million of its long-term indebtedness during the fourth quarter.
read more
Hong Kong Stocks May Run Out Of Steam On Wednesday
The Hong Kong stock market has moved higher in three straight sessions, gathering almost 750 points or 3 percent in that span. The Hang Seng Index now sits just above the 25,130-point plateau although it may be stuck in neutral on Wednesday.
RTTNews
|
11 นาทีที่ผ่านมา
Australian Market Notably Higher
Australian shares are trading notably higher on Wednesday, extending the slight gains in the previous session, with the benchmark S&P/ASX 200 moving above the 8,700 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by mining and energy stocks.
RTTNews
|
13 นาทีที่ผ่านมา
Profit Taking Expected For China Stock Market
The China stock market has finished higher in four straight sessions, collecting more than 75 points or 2.1 percent along the way. The Shanghai Composite Index now sits just above the 3,580-point plateau although it may be stuck in neutral on Wednesday.
RTTNews
|
26 นาทีที่ผ่านมา
Taiwan Shares Expected To Find Traction On Wednesday
The Taiwan stock market has tracked lower in two straight sessions, tumbling almost 400 points or 1.8 percent along the way. The Taiwan Stock Exchange now sits just beneath the 23,000-point plateau although it's due for support on Wednesday.
RTTNews
|
56 นาทีที่ผ่านมา
Rally May Stall For Singapore Stock Market
The Singapore stock market has moved higher in 12 straight sessions, improving more than 185 points or 4.7 percent along the way. The Straits Times Index now rests just beneath the 4,210-point plateau although it's likely to see profit taking on Wednesday.
RTTNews
|
1 ชม. 26 นาทีที่ผ่านมา
Malaysia Stock Market May See Support On Wednesday
The Malaysia stock market has tracked lower in two straight sessions, giving away more than 5 points or 0.3 percent in that span. The Kuala Lumpur Composite Index now sits just beneath the 1,520-point plateau although it may find traction on Wednesday.
RTTNews
|
1 ชม. 56 นาทีที่ผ่านมา
Japan Bourse Poised To End Losing Streak
The Japanese stock market has finished lower in back-to-back sessions, slumping more than 125 points or 0.3 percent along the way. The Nikkei 225 now sits just beneath the 39,775-point plateau although it may stop the bleeding on Wednesday.
RTTNews
|
2 ชม. 11 นาทีที่ผ่านมา
Mild Rebound Seen For South Korea Shares
The South Korea stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had climbed almost 40 points or 1.2 percent. The KOSPI now sits just beneath the 3,170-point plateau although it may bounce higher again on Wednesday.
RTTNews
|
2 ชม. 26 นาทีที่ผ่านมา
