Active Stocks News Alert: Patterson-UTI Energy, Inc. (NASDAQ:PTEN), Enterprise Products Partners L.P. (NYSE:EPD)

Active Stocks

Shares of Patterson-UTI Energy, Inc. (NASDAQ:PTEN), slanted 8.35% to $15.45, amid its last exchanging session.


Patterson-UTI Energy, Inc. claims and works armadas of area based boring apparatuses and an armada of weight pumping gear in the United States. The Company works in three portions: Contract Drilling; Pressure Pumping, and Oil and Natural Gas.

Patterson-UTI Energy, expressed that for the month of September 2015, the Company had a normal of 99 boring apparatuses working in the United States and four apparatuses in Canada. For the three months finished September 30, 2015, the Company had a normal of 105 boring apparatuses working in the United States and four apparatuses in Canada.

Normal boring apparatuses working expressed in the Company’s month to month statements speak to the normal number of the Company’s boring apparatuses that were working under a penetrating contract. The Company advised that various components notwithstanding normal penetrating apparatuses working can affect the Company’s working results and that a specific pattern in the quantity of boring apparatuses working could conceivably demonstrate a pattern in or be characteristic of the Company’s money related execution. The Company means to keep giving month to month reports on penetrating apparatuses working not long after the end of every month.

Shares of Enterprise Products Partners L.P. (NYSE:EPD), slanted 3.65% to $28.70, amid its last exchanging session.

Enterprise Products Partners L.P. is a supplier of midstream vitality administrations to makers and shoppers of normal gas, common gas fluids (NGLs), unrefined petroleum, petrochemicals and refined items.

Enterprise Products Partners, announced that the governing body of its general accomplice pronounced a change in the quarterly money dissemination paid to accomplices to $0.385 per regular unit, or $1.54 per unit on an annualized premise. The quarterly dissemination will be paid on Friday, November 6, 2015, to unitholders of record as of the end of business on Friday, October 30, 2015. This conveyance, which speaks to a 5.5 percent change over the appropriation pronounced concerning the second from last quarter of 2014, is the 54th circulation change since Enterprise’s first sale of stock in 1998 and the 45th progressive quarterly change.

Partners of secretly held Enterprise Products Company (“EPCO”), which by and large possess Enterprise’s general accomplice and around 34 percent of its remarkable restricted accomplice premiums, have shown to Enterprise organization that they expect to buy $50 million of basic units through Enterprise’s dissemination reinvestment arrangement in November 2015. This would acquire EPCO’s aggregate speculation Enterprise normal units to $200 million for 2015.

Enterprise will proclaim its income for the second from last quarter of 2015 on Thursday, October 29, 2015, preceding the New York Stock Exchange opens for exchanging. Taking after the declarement, the association will have a phone call at 9 a.m. CT with examiners and financial specialists to talk about profit.

Notes to the Stakeholders:

This article is the intellectual property of The purpose of penning down this article has been just to share information. Moreover, it is firmly believed that all the information that are revealed in this article are from reliable sources, however, we do not make any representations or warranties whatsoever of any kind, express or implied, as far as the completeness, accurateness, or reliability with respect to this article is concerned.

All the respectable visitors to this website are kindly advised to conduct their own independent research into individual stocks prior to making a purchase decision.

This article contains an advanced information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as well as statements regarding the forseeable frequent growth of the market for the corporation’s products, the corporation’s capability to fund its capital requirement in the close-to term and in the long term; pricing pressures; etc.

Furthermore, any statement that expresses or involves discussions with respect to forecast, expectations, beliefs, strategy, projection, objectives, aims, assumption, or future events or performance may be forward looking statements. In addition, the forward-looking statements are wholly and solely based upon expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. An easy way to identify the forward looking statements is through the use of such words as be expecting, will, foresee, guess, considered, or by statements that indicates certain actions may, could, should/might occur.


About the Author

Kristen Rose
University graduate with a bachelor's degree in business administration. Kristen is the Finance Editor, overseeing markets, economics, wealth, fintech, banking, and regulation coverage, based in London. She like to keep things simple, enjoy life, & appreciate everything around me.♡