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Showing posts with label PTEN. Show all posts
Showing posts with label PTEN. Show all posts

Friday, March 14, 2025

Insider Trading Fri 3/14/25

Notable purchases -- CEO adds to PSEC; notable sales -- Chief Commercial Officer active in CYTK

Buyers

  • AGM Director bought 1,000 shares of Class C Non-Voting Common Stock worth approximately $196K.
  • ARCB Chief Financial Officer bought 700 shares at $74.89 worth ~$52K.
  • ARES Director bought 10,000 shares of Class A common stock at $141.00 to $141.49 worth approximately $1.4 mln.
  • CIM Director bought 12,500 shares at $13.28 - $13.40 worth approximately $166K.
  • CRGY Director bought 30,000 shares of Class A Common Stock at $10.30 - $10.75 worth approximately $317K.
  • DK Chairman of the Board and one (1) Director bought 6,780 combined shares worth approximately $99K.
  • FRST Director bought 10,000 shares at $9.94 - $10.00 worth approximately $100K.
  • LYB Director bought 3,750 Class A Ordinary Shares at $72.04 - $72.06 worth approximately $270K.
  • ONTF 10% owner Lynrock Lake and one (1) Director bought 122,766 shares combined at $5.54 - $5.84 worth approximately $696K.
  • PSEC Chief Executive Officer bought 2,000,000 shares worth approximately $8.6 mln.
  • PTEN President / Chief Executive Officer bought 25,000 shares at $7.88 - $7.89 worth approximately $197K.
  • RAPP Chief Financial Officer and one (1) Director bought 16,000 shares combined worth approximately $162K.
  • RF Director bought 2,300 shares at $21.175 worth approximately $49K.
  • TNL President & Chief Executive Officer bought 2,000 shares at $46.64 - $46.66 worth ~$93K.
  • UAN 10% owner Carl Icahn bought another 11,345 common units at $74.56 - $74.80 worth approximately $847K.
  • VG Chief Executive Officer / Founder and Executive Co-Chairman Michael Sabel, Executive Co-Chairman / Founder Robert Pender, and one (1) Director bought 512,000 shares of Class A Common Stock at $9.60 - $10.88 worth nearly $5.3 mln.
  • WSC Chief Operating Officer bought 5,000 shares at $29.14 - $29.15 worth approximately $146K.
  • ZYME 10% owner bought 1,081,980 shares at $11.11 - $12.55 worth approximately $13.1 mln.

Sellers

  • AR Senior Vice President - Accounting and Chief Accounting Officer sold 9,830 shares at $35.60 worth approximately $350K.
  • CYTK EVP, Chief Commercial Officer sold 26,771 shares at $43.62 worth approximately $1.2 mln.
  • FNA 10% owner MVM Partners sold 1,044,295 shares at $13.01 - $13.065 worth approximately $13.6 mln.
  • HURN Director sold 3,067 shares at $143.01 - $145,51 worth approximately $442K.

Thursday, July 28, 2016

=Patterson-UTI (PTEN) reported earnings on Thur 28 Jul 2016 (b/o)





Patterson-UTI beats by $0.04, reports revs in-line :
  • Reports Q2 (Jun) loss of $0.58 per share, $0.04 better than the Capital IQ Consensus of ($0.62); revenues fell 59.0% year/year to $194 mln vs the $194.39 mln Capital IQ Consensus.
  • "In contract drilling, our rig count during the second quarter averaged 55 rigs in the United States and less than one rig in Canada, compared to the first quarter average of 71 rigs in the United States and three rigs in Canada. Activity levels stabilized for both our drilling and pressure pumping businesses during the second quarter. Since reaching a bottom in late-April of 52 rigs, our rig count in the United States has improved to 58 rigs. For the month of July, we expect our average rig count will be 56 rigs in the United States and two rigs in Canada."
  • "During the second quarter, activity stabilized in both our drilling and pressure pumping businesses as commodity prices improved. We are encouraged by the recent increase in our rig count and optimistic about a continued recovery in the U.S. rig count, assuming commodity prices remain at or above recent levels."
  • "During a recovery, our operational focus shifts as we scale the Company to higher activity levels, but our priorities remain the same -- operational execution, maximizing margins, and maintaining financial flexibility. We are well positioned for a cyclical recovery with both high quality drilling rigs and pressure pumping equipment that are ready to be reactivated, as well as the financial position necessary to cover reactivation costs and increases in working capital."