--- title: "Halliburton, Patterson-UTI raised at Piper Sandler following volatile YTD" type: "News" locale: "en" url: "https://longbridge.com/en/news/292666710.md" description: "Piper Sandler upgraded Halliburton (HAL) and Patterson-UTI Energy (PTEN) to Overweight from Neutral, citing solid U.S. land drilling fundamentals and improving supply/demand dynamics despite recent oil price retreats. Analyst Derek Podhaizer highlighted attractive entry points after stock pullbacks, noting that while pricing remains below 2023 highs, frac attrition limits equipment supply. The firm sees positive earnings revision potential driven by constructive oil prices and activity growth, with HAL also benefiting from its VoltaGrid stake." datetime: "2026-07-14T19:15:51.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292666710.md) - [en](https://longbridge.com/en/news/292666710.md) - [zh-HK](https://longbridge.com/zh-HK/news/292666710.md) generator: "portal-rs" --- # Halliburton, Patterson-UTI raised at Piper Sandler following volatile YTD ### Related Stocks - [HAL.US](https://longbridge.com/en/quote/HAL.US.md) - [PTEN.US](https://longbridge.com/en/quote/PTEN.US.md) ## Related News & Research - [Patterson-UTI posts Q2 results and boosts drilling demand](https://longbridge.com/en/news/294345713.md) - [Halliburton wins major Aramco deals for Jafurah gas push](https://longbridge.com/en/news/293002688.md) - [Oil gains further, with Brent crude above $94](https://longbridge.com/en/news/296488803.md) - [Wall Street's Most Accurate Analysts Weigh In On 3 Energy Stocks With Over 3% Dividend Yields](https://longbridge.com/en/news/296613833.md) - [Halliburton Q2 revenue, adj EPS beat on growth in Europe and Africa](https://longbridge.com/en/news/293329489.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**