Worth Watching Stocks Watch List:Patterson-UTI Energy, Inc. (NASDAQ:PTEN), NorthStar Asset Management Group Inc (NYSE:NSAM)

On Tuesday,Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), added 4.61% and closed at $23.60 in the last trading session. The last trading range of the stock ranges between $21.77 and $24.42. Patterson-UTI Energy, Inc., through its auxiliaries, provides onshore contract drilling services to major and independent oil and natural gas operators in the United States and Canada. The company operates through three segments: Contract Drilling, Pressure Pumping, and Oil and Natural Gas. The Contract Drilling segment markets its contract drilling services mainly in Texas, New Mexico, Louisiana, Colorado, Wyoming, North Dakota, Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2015, this segment had a drilling fleet of 221 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, in addition to hydraulic and nitrogen fracturing, cementing, and acid pumping services in Texas and the Appalachian region.

NorthStar Asset Management Group Inc (NYSE:NSAM), jumped 2.32% and closed at $13.88 in the last trading session. The last trading range of the stock ranges between $13.55 and $13.96. The company’s Market capitalization is $2.58 Billion with the total Outstanding Shares of 188.94 million. Northstar Asset Management Group Inc. provides asset management and other services in the United States and internationally. It also offers securitization transaction services. The company is based in New York, New York.

Leave a Reply

Your email address will not be published. Required fields are marked *