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The sell off in energy shares has created a big opportunity for value investors. Patterson-UTI Energy Inc. (NasdaqGS: PTEN – News) is still expected to see triple digit earnings growth this year and now shares are cheaper than ever. This Zacks #1 Rank (strong buy) has a forward P/E of only 8.5.

Patterson is in the thick of the action as its an onshore contract driller to exploration and production companies in North America.

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Regards,

Don