Patterson-UTI Energy (NASDAQ:PTEN) announces a quarterly dividend of $0.04

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Patterson-UTI Energy (NASDAQ:PTEN) to go ex-dividend.
On 2/7/2019 Patterson-UTI Energy ( NASDAQ:PTEN ) announced that it will be issuing a quarterly dividend in the amount of $0.04 up from $0.04 making the yield 1.26%.


Patterson-UTI Energy (NASDAQ:PTEN) Ex- dividend date

Patterson-UTI Energy (NASDAQ:PTEN) is set to go ex-dividend on and will be payable on 3/21/2019


Dividend History for Patterson-UTI Energy (NASDAQ:PTEN)
The next payable dividend for Patterson-UTI Energy is scheduled for 3/21/2019. There is an annual dividend of $$0.16 with a yield of 1.25% The company’s dividend has decresed by -29.50% on a 3 Year Average

Recent Dividend History for Patterson-UTI Energy (NASDAQ:PTEN)

  • On 2/8/2013 Patterson-UTI Energy announced a quarterly dividend of $0.05.
  • On 4/25/2013 Patterson-UTI Energy announced a quarterly dividend of $0.05.
  • On 7/25/2013 Patterson-UTI Energy announced a quarterly dividend of $0.05.
  • On 10/24/2013 Patterson-UTI Energy announced a quarterly dividend of $0.05.
  • On 2/7/2014 Patterson-UTI Energy announced a quarterly dividend of $0.10.
  • On 4/24/2014 Patterson-UTI Energy announced a quarterly dividend of $0.10.



About Company
Patterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and Canada. It operates through two segments, Contract Drilling and Pressure Pumping. The Contract Drilling segment markets its contract drilling services primarily in Texas, southeastern New Mexico, northern Louisiana, Colorado, Wyoming, North Dakota, western Oklahoma, Pennsylvania, Ohio, West Virginia, and western Canada. As of December 31, 2017, this segment had a drilling fleet of 295 marketable land-based drilling rigs. The Pressure Pumping segment offers pressure pumping services that consist of well stimulation and cementing for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, nitrogen, cementing, and acid pumping services in Texas, the Mid-Continent, and the Appalachian region. Patterson-UTI Energy, Inc. also manufactures and sells pipe handling components and related technology to drilling contractors in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.N/A

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Recent Analyst Rating for Patterson-UTI Energy (NASDAQ:PTEN)

  • On 1/17/2019 JPMorgan Chase & Co., Downgrade, fromOverweight to Neutral with a price target of $16.00 to $12.00
  • On 12/20/2018 UBS Group, Set Price Target, to bought with a price target of $18.00
  • On 12/19/2018 Societe Generale, Upgrade, fromHold to Buy
  • On 12/19/2018 Credit Suisse Group, Downgrade, fromOutperform to Neutral with a price target of $19.00 to $12.00
  • On 12/10/2018 Wolfe Research, Upgrade, fromMarket Perform to Buy
  • On 10/26/2018 Raymond James, Boost Price Target, fromStrong-Buy to Strong-Buy with a price target of $21.00 to $22.00



Recent Trading for Patterson-UTI Energy (NASDAQ:PTEN)
Shares of Patterson-UTI Energy closed the previous trading session at with shares trading hands.