Patterson-UTI Energy, Inc. (PTEN) reported second-quarter 2024 adjusted net profit of 3 cents per share, down from the prior-year quarter's level of 40 cents. This year-over-year deterioration was mainly due to poor contribution from the Drilling Services segment.Total revenues of $1348.2 million missed the Zacks Consensus Estimate of $1418 million. However, the top line increased 77.7% year over year. This outperformance can be attributed to PTEN's increased year-over-year revenue contribution from its Com ...