Patterson-UTI Energy Inc is one of the substantial land rig drilling contractors in the United States. Its 2023 merger with NexTier greatly expanded its pressure pumping operations, as well, and the firm now controls nearly 20% of the North American market for drilling and completions services. The company operates under three reportable business segments: (i) drilling services, (ii) completion services, and (iii) drilling products. It also provides directional drilling services and tool rental services in united states onshore oil and gas basins.
The latest dividend from PTEN was $0.10 per share (ex-dividend 6/1/2026). The dividend yield over the last 12 months is 2,9%. Over the last 12 months there were 4 distributions, totalling $0.36 per share.