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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.
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Taiwan Bourse Due For Support On Thursday
The Taiwan stock market has finished lower in back-to-back sessions, stumbling more than 640 points or 2.3 percent in that span. The Taiwan Stock Exchange now sits just beneath the 27,720-point plateau although it may stop the bleeding on Thursday.
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1 ชม. 3 นาทีที่ผ่านมา
Singapore Shares May Find Traction On Thursday
The Singapore stock market has moved lower in two straight sessions, slumping more than 25 points or 0.6 percent along the way. The Straits Times Index now sits just beneath the 4,420-point plateau although it may find support on Thursday.
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1 ชม. 33 นาทีที่ผ่านมา
Rebound Anticipated For Malaysia Stock Market
The Malaysia stock market on Wednesday snapped the two-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,620-point plateau although it figures to bounce higher again on Thursday.
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2 ชม. 3 นาทีที่ผ่านมา
South Korea Current Account Surplus $13.47 Billion In September
South Korea posted a current account surplus of $13.47 billion in September, the Bank of Korea said on Wednesday - up from $9.15 billion.
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2 ชม. 16 นาทีที่ผ่านมา
Canadian Dollar Drops Against Most Majors
The Canadian dollar fell against its most major counterparts in the New York session on Wednesday.
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2 ชม. 17 นาทีที่ผ่านมา
Bargain Hunting Likely To Boost Japan Stock Market
The Japan stock market has moved lower in consecutive trading days, plunging nearly 2,200 points or 4.2 percent in that span. The Nikkei 225 now rests just beneath the 50,200-point plateau although it's likely to open in the green on Thursday.
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2 ชม. 18 นาทีที่ผ่านมา
Steady Start Seen For KOSPI
The South Korea stock market has finished lower in back-to-back sessions, tumbling almost 220 points or 5 percent in that span. The KOSPI sits just above the 4,000-point plateau although it's expected to halt its slide on Thursday.
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2 ชม. 33 นาทีที่ผ่านมา
Australia Trade Data Due On Thursday
Australia will on Thursday release September figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. In August, imports rose 3.2 percent on month and exports fell 7.8 percent for a trade surplus of A$1.825 billion.
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3 ชม. 3 นาทีที่ผ่านมา
