Patterson-UTI Energy Inc (PTEN) has declared a quarterly dividend of $0.08 per share, payable to shareholders of record. The ex-dividend date is set for November 30, 2025, meaning investors must own shares before this date to qualify for the upcoming payment. Eligible shareholders will receive the dividend on December 14, 2025.
With a current dividend yield of 5.26%, this payment underscores the company's strategy of providing regular income to its shareholders. Patterson-UTI operates in the energy sector, offering drilling and pressure pumping services, along with directional drilling and rental equipment. The firm is headquartered in Houston, Texas, and employs approximately 9,200 people.
The company's Drilling Services segment delivers a suite of directional drilling services across major U.S. oil and natural gas basins, enhancing wellbore placement accuracy. Meanwhile, the Completion Services segment focuses on hydraulic fracturing and related services. The firm also manufactures drill bits through its Drilling Products segment, catering to oil and natural gas exploration as well as mining operations.
As of November 8, 2025, Patterson-UTI's market capitalization stands at $2.3 billion, with an earnings per share (EPS) of -0.35. The upcoming earnings announcements are scheduled for April 20, 2026, and July 21, 2026, with EPS estimates of -0.12 and -0.10, respectively.
Such decisions reflect the company's ongoing commitment to returning capital to shareholders, although investors should consider the sustainability of these payments in light of the company's financial health and dividend history.