Patterson-UTI Energy Inc (PTEN)
Patterson-UTI Energy Inc (PTEN) is a leading provider of oil and natural gas well construction services in the United States. Founded in 2000, the company primarily offers drilling, well servicing, and related services to exploration and production companies, supporting onshore oil and natural gas development projects. Known for its fleet of drilling rigs and focus on technological innovation, Patterson-UTI plays a significant role in the energy sector's exploration and production efforts.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| September 15, 2025 | $0.08 | 2025-09-02 | 2025-09-02 |
| June 16, 2025 | $0.08 | 2025-06-02 | 2025-06-02 |
| March 17, 2025 | $0.08 | 2025-03-03 | 2025-03-03 |
| December 16, 2024 | $0.08 | 2024-12-02 | 2024-12-02 |
| September 16, 2024 | $0.08 | 2024-09-03 | 2024-09-03 |
Dividends Summary
- Patterson-UTI Energy Inc has issued 86 dividend payments over the past 21 years
- The most recent dividend was paid 37 days ago, on September 15, 2025
- The highest dividend payed out to investors during this period was $0.16 per share
- The average dividend paid during this period was $0.06 per share.
Company News
Schlumberger, ADNOC Drilling, and Patterson-UTI have formed a joint venture to accelerate the UAE's unconventional oil and gas program, with a target of completing 144 wells by 2025.
Patterson-UTI Energy reported lower Q2 2024 earnings compared to the prior year due to weaker performance in its Drilling Services segment. The company's Completion Services segment saw strong revenue growth, but missed expectations. Patterson-UTI Energy returned $164 million to shareholders in Q2 and has $819 million remaining in its share repur...
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