Does Patterson-UTI Energy provides drilling and completion services to oil and gas producers (PTEN) Pay a Dividend? (2026)
Short answer
Patterson-UTI Energy provides drilling and completion services to oil and gas producers (PTEN) pays a dividend with an approximate yield of ~4.3% (~$0.40/yr) as of early 2026, typically quarterly. A dividend is a slice of profits returned to shareholders, and the yield is that payout divided by the share price, so it drifts as both change. Figures here are approximate; verify the current number with your broker.
Does Patterson-UTI Energy provides drilling and completion services to oil and gas producers (PTEN) pay a dividend?
Yes. Patterson-UTI Energy provides drilling and completion services to oil and gas producers distributes an approximate ~4.3% (~$0.40/yr) yield (early 2026), usually quarterly. As of April 2026, PTEN traded at a low-single-digit EV/EBITDA multiple typical of cyclical oilfield services names, reflecting soft near-term activity and a first-quarter net loss. Full-year 2025 revenue of roughly $4.8 billion was down about 10% year over year, and the company held about $337 million of cash against roughly $1.23 billion of long-term debt. The valuation compresses in downturns and can expand quickly if drilling and completion demand recovers.
PTEN dividend at a glance
| 2026-03-02 | $0.1 |
| 2025-12-01 | $0.08 |
| 2025-09-02 | $0.08 |
| 2025-06-02 | $0.08 |
| 2025-03-03 | $0.08 |
| 2024-12-02 | $0.08 |
PTEN dividend data as of July 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with PTEN's investor relations page before relying on it.
How to think about PTEN's dividend
- Yield is a snapshot: ~4.3% (~$0.40/yr) today, but it moves with price and payout.
- Total return vs income: dividends are one part of return; price change is usually the bigger part for a name like PTEN.
- Reinvest or take income: a DRIP compounds; taking the cash gives income now.
- For more yield: dedicated dividend stocks and ETFs target higher payouts. See the best dividend ETFs.
The bottom line on the PTEN dividend
Patterson-UTI Energy provides drilling and completion services to oil and gas producers (PTEN) pays an approximate ~4.3% (~$0.40/yr) dividend, so it offers some income but is held mostly for total return, not yield. For the full picture see the PTEN guide. Walnut can show how PTEN fits your real portfolio. It is not an investment adviser.
Build a basket around PTEN with Walnut
Use Patterson-UTI Energy provides drilling and completion services to oil and gas producers as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.
FAQ
Does Patterson-UTI Energy provides drilling and completion services to oil and gas producers (PTEN) pay a dividend?
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Patterson-UTI Energy provides drilling and completion services to oil and gas producers has an approximate dividend yield of ~4.3% (~$0.40/yr) (early 2026). Yields move with price and payout, so treat this as a recent snapshot and verify the current figure with your broker or PTEN's investor relations page.
What is PTEN's dividend yield?
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Approximately ~4.3% (~$0.40/yr) as of early 2026 (approximate, verify). Remember a higher yield is not automatically better: it can reflect a falling share price as much as a generous payout.
How often does PTEN pay its dividend?
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US companies that pay dividends, like Patterson-UTI Energy provides drilling and completion services to oil and gas producers if it does, typically distribute them quarterly. Confirm the exact schedule and ex-dividend dates on PTEN's investor relations page before relying on the timing.
Can I reinvest PTEN dividends?
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Yes. Most brokers offer automatic dividend reinvestment (a DRIP) so any PTEN dividend buys more shares automatically. It compounds over time but is still taxable in a taxable account.
Is PTEN a good dividend stock?
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Walnut is informational, not investment advice. With an approximate ~4.3% (~$0.40/yr) yield, PTEN is more of an income name. Dedicated dividend stocks and ETFs target higher, steadier yield; match the choice to whether you want income now or growth.
Does PTEN pay a dividend?
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Yes. PTEN pays a quarterly dividend, raised 25% to $0.10 per share for 2026 (about $0.40 annualized), which translated to a yield near 4.3% as of April 2026. It also commits to returning at least 50% of adjusted free cash flow to shareholders.
Walnut is informational, not investment advice. Dividend figures are approximate and dated; verify current yield, schedule, and policy with PTEN's investor relations page or your broker.