Patterson-UTI Energy, Inc. underperformed its peer group in 2024. Rigs and pressure pumping are expected to see modest recoveries in 2025, helping to generate significant free cash flow. The dividend yield is already the best in the peer group, and we expect the large buyback to continue next year.
Under-the-radar stock Universal Technical Institute has gained a whopping 109% this year and is near a buy point after an earnings surge. The post This Under-The-Radar Stock Bursts Into The Limelight With A 106% Gain, Sets Up For More appeared first on Investor's Business Daily.
Universal Technical (UTI) possesses solid growth attributes, which could help it handily outperform the market.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Universal Technical (UTI) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
HOUSTON, TEXAS / ACCESSWIRE / December 5, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of November 2024, the Company had an average of 105 drilling rigs operating in the United States.
Does Universal Technical Institute (UTI) have what it takes to be a top stock pick for momentum investors? Let's find out.
Oilfield service company Patterson-UTI's market capitalization is $3.2 billion, and it pays a 3.9% dividend. It took a nearly $1 billion asset write-down in 3Q24. Although the new administration plans to encourage energy production, multi-billion-dollar upstream mergers involving most large public and private companies may condense drilling budgets.
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Let us determine whether Universal Technical's strong growth, expansion efforts and robust outlook make it a standout investment choice.
Universal Technical (UTI) possesses solid growth attributes, which could help it handily outperform the market.
Universal Technical (UTI) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Universal Technical Institute, Inc. (NYSE:UTI ) Q4 2024 Earnings Conference Call November 20, 2024 4:30 PM ET Company Participants Matt Kempton - Vice President and Corporate Finance Jerome Grant - Chief Executive Officer Christine Kline - Interim Chief Financial Officer Conference Call Participants Michael Grondahl - Northland Securities Eric Martinuzzi - Lake Street Capital Markets Raj Sharma - B. Riley Securities Jasper Bibb - Truist Securities Alexander Paris - Barrington Research Operator Good day and welcome to the Universal Technical Institute's Fourth Quarter and Full Year 2024 Earnings Call.