DIVIDEND ANNOUNCEMENT: Patterson-UTI Energy Inc. (NASDAQ:PTEN) on 02/06/2020 declared a dividend of $0.0400 per share

Patterson-UTI Energy Inc. (NASDAQ:PTEN) on 02/06/2020 declared a dividend of $ 0.0400 per share payable on March 19, 2020 to shareholders of record as of March 05, 2020.

Patterson-UTI Energy Inc. (NASDAQ:PTEN) has paid dividends since 2004, has a current dividend yield of 1.8979833126% and has increased its dividends for 2 successive years.

Patterson-UTI Energy Inc.'s market cap is $ 1,639,989,060 and has a PE ratio of 0.00. The stock price closed yesterday at $ 8.43 and has a 52 week low/high of $ 7.56 and $ 16.27.

Patterson-UTI Energy is an oilfield services company that primarily owns and operates a fleet of land-based drilling rigs and a fleet of pressure pumping equipment. Co. has three business segments: contract drilling, which markets its contract drilling services to primary and independent oil and natural gas operators; pressure pumping, which provides pressure pumping services to oil and natural gas operators primarily in Texas, the Mid-Continent and Appalachian regions; and directional drilling, which provides a suite of directional drilling services in several onshore oil and gas basins.

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