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04.03.26 - 16:42
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Liberty Energy and Patterson-UTI: Goldman Sachs Sees Early Dislocation Opportunities in Pressure Pumping and Drilling (24/7 Wall St.)
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Goldman Sachs is sending a clear directional signal on two battered oilfield services names: it raised its price target on Liberty Energy (LBRT) to $30 and kept its Buy-equivalent Neutral stance, while lifting Patterson-UTI (PTEN) to $9 with an explicit Buy rating, citing early signs of dislocation between depressed valuations and underlying fundamentals. Three Data ... Liberty Energy and Patterson-UTI: Goldman Sachs Sees Early Dislocation Opportunities in Pressure Pumping and Drilling
The post Liberty Energy and Patterson-UTI: Goldman Sachs Sees Early Dislocation Opportunities in Pressure Pumping and Drilling appeared first on 24/7 Wall St.....
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15.01.26 - 12:24
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Archer signs agreement with Patterson-UTI to lease two high spec drilling rigs for the Vaca Muerta field in Argentina (Cision)
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Hamilton Bermuda (January 15, 2026)
Archer and Patterson-UTI (NASDAQ: PTEN) have entered into an agreement for Archer to rent 2 high spec drilling rigs from Patterson-UTI. These rigs are designed to optimize drilling efficiency in non-conventional fields such as the Vaca Muerta shale formation and will be deployed under Archer's recently announced seven-rig drilling contract with YPF (December 1st, 2025), further strengthening Archer's position as a leading provider of integrated drilling solutions.
This agreement enables both organizations to strengthen their presence in the growing...
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