PTENNasdaqGS
Patterson-UTI Energy, Inc.
$10.35
ListedNov 2, 1993
SectorEnergy
IndustryOil & Gas Drilling
CountryUnited States
Employees7900
StateTX| CityHouston| Address10713 West Sam Houston Parkway North| Phone281 765 7100
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.

Key Indicators

Key financial and dividend metrics for this stock.

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P/E Ratio
0.0
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Div. Rate
$0.40
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Div. Yield
3.57%
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Payout Ratio
213.33%
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Max Consec. Div. Years
22 years
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Longest Consec. Div.
22 years
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Div. Coverage
69%
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Div. Stability Rate
0.43
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Div. Growth Rate
50.00%
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Score
71

Dividend History

Historical dividend payments by ex-dividend date.

Jun 1, 2026
$ 0.1000
Mar 2, 2026
$ 0.1000
Dec 1, 2025
$ 0.0800
Sep 2, 2025
$ 0.0800
Jun 2, 2025
$ 0.0800
Mar 3, 2025
$ 0.0800
Dec 2, 2024
$ 0.0800
Sep 3, 2024
$ 0.0800
Jun 3, 2024
$ 0.0800
Feb 29, 2024
$ 0.0800
Nov 30, 2023
$ 0.0800
Sep 6, 2023
$ 0.0800
May 31, 2023
$ 0.0800
Mar 1, 2023
$ 0.0800
Nov 30, 2022
$ 0.0800
Aug 31, 2022
$ 0.0400
Jun 1, 2022
$ 0.0400
Mar 2, 2022
$ 0.0400
Dec 1, 2021
$ 0.0200
Sep 1, 2021
$ 0.0200
Jun 2, 2021
$ 0.0200
Mar 3, 2021
$ 0.0200
Dec 2, 2020
$ 0.0200
Sep 2, 2020
$ 0.0200
Jun 3, 2020
$ 0.0200
Mar 4, 2020
$ 0.0400
Dec 4, 2019
$ 0.0400
Sep 4, 2019
$ 0.0400
Jun 5, 2019
$ 0.0400
Mar 6, 2019
$ 0.0400
Dec 6, 2018
$ 0.0400
Sep 5, 2018
$ 0.0400
Jun 6, 2018
$ 0.0400
Mar 7, 2018
$ 0.0200
Dec 6, 2017
$ 0.0200
Sep 6, 2017
$ 0.0200
Jun 6, 2017
$ 0.0200
Mar 6, 2017
$ 0.0200
Dec 6, 2016
$ 0.0200
Sep 6, 2016
$ 0.0200
Jun 7, 2016
$ 0.0200
Mar 8, 2016
$ 0.1000
Dec 8, 2015
$ 0.1000
Sep 8, 2015
$ 0.1000
Jun 8, 2015
$ 0.1000
Mar 9, 2015
$ 0.1000
Dec 8, 2014
$ 0.1000
Sep 8, 2014
$ 0.1000
Jun 10, 2014
$ 0.1000
Mar 10, 2014
$ 0.1000
Dec 13, 2013
$ 0.0500
Sep 12, 2013
$ 0.0500
Jun 12, 2013
$ 0.0500
Mar 13, 2013
$ 0.0500
Dec 12, 2012
$ 0.0500
Sep 12, 2012
$ 0.0500
Jun 13, 2012
$ 0.0500
Mar 13, 2012
$ 0.0500
Dec 13, 2011
$ 0.0500
Sep 13, 2011
$ 0.0500
Jun 13, 2011
$ 0.0500
Mar 11, 2011
$ 0.0500
Dec 13, 2010
$ 0.0500
Sep 13, 2010
$ 0.0500
Jun 11, 2010
$ 0.0500
Mar 11, 2010
$ 0.0500
Dec 11, 2009
$ 0.0500
Sep 11, 2009
$ 0.0500
Jun 11, 2009
$ 0.0500
Mar 10, 2009
$ 0.0500
Dec 10, 2008
$ 0.1600
Sep 10, 2008
$ 0.1600
Jun 10, 2008
$ 0.1600
Mar 10, 2008
$ 0.1200
Dec 10, 2007
$ 0.1200
Sep 10, 2007
$ 0.1200
Jun 12, 2007
$ 0.1200
Mar 13, 2007
$ 0.0800
Dec 12, 2006
$ 0.0800
Sep 12, 2006
$ 0.0800
Jun 13, 2006
$ 0.0800
Mar 13, 2006
$ 0.0400
Nov 10, 2005
$ 0.0400
Aug 12, 2005
$ 0.0400
May 12, 2005
$ 0.0400
Feb 24, 2005
$ 0.0400
Nov 10, 2004
$ 0.0200
Aug 12, 2004
$ 0.0200
May 13, 2004
$ 0.0200

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