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.

$10.02 +0.46 (4.77%)
Dividend Yield 3.59%
Payout Frequency Quarterly

Dividend History

Pay DateAmountEx-DateRecord Date
June 15, 2026$0.102026-06-012026-06-01
March 16, 2026$0.102026-03-022026-03-02
December 15, 2025$0.082025-12-012025-12-01
September 15, 2025$0.082025-09-022025-09-02
June 16, 2025$0.082025-06-022025-06-02

Dividends Summary

Company News

Helmerich & Payne vs. Noble: Which Energy Services Stock Is a Better Buy in 2026?
The Motley Fool • Brendan Coffey • June 9, 2026

The article compares two energy services companies: Helmerich & Payne, a land-based drilling specialist, and Noble Corp., an offshore drilling contractor. While both companies benefit from strong U.S. energy markets, Helmerich & Payne is recommended as the better 2026 investment due to its 67% U.S. revenue exposure, lower valuation multiples (P/E...

A PTEN Director Sold $123K in Shares - what he kept adds context
The Motley Fool • Seena Hassouna • May 12, 2026

Patterson-UTI Energy director Jaime Cesar sold 10,000 shares (11.43% of his direct holdings) for approximately $123,000 on May 5, 2026. However, he retained $961,000 worth of stock, suggesting confidence in the company. The article characterizes this as a routine trim rather than a significant exit signal, noting it was a deliberate open-market t...

3 Cheap Mid-Cap Energy Stocks to Own as Oil Prices Surge to $100
Investing.com • Jesse Cohen • March 13, 2026

Rising geopolitical tensions in the Middle East have driven crude oil prices near $100 per barrel, creating favorable conditions for energy stocks. The article highlights three undervalued mid-cap energy companies positioned to benefit from higher oil prices and increased exploration activity.

SLB, ADNOC Drilling, Patterson-UTI Join Forces To Accelerate UAE's Unconventional Oil Program
Benzinga • Lekha Gupta • October 1, 2024

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 (PTEN) Q2 Earnings Fall Y/Y, Sales Lag Estimates
Zacks Investment Research • N/A • July 30, 2024

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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