DIVIDEND ANNOUNCEMENT: Patterson-UTI Energy Inc. (NASDAQ:PTEN) on 10/22/2020 declared a dividend of $0.0200 per share

Patterson-UTI Energy Inc. (NASDAQ:PTEN) on 10/22/2020 declared a dividend of $ 0.0200 per share payable on December 17, 2020 to shareholders of record as of December 03, 2020.

Patterson-UTI Energy Inc. (NASDAQ:PTEN) has paid dividends since 2004, has a current dividend yield of 3.0651340485% and has increased its dividends for 2 successive years.

Patterson-UTI Energy Inc.'s market cap is $ 489,129,660 and has a PE ratio of 0.00. The stock price closed yesterday at $ 2.61 and has a 52 week low/high of $ 1.61 and $ 10.95.

Patterson-UTI Energy is an oilfield services company that primarily owns and operates fleets of land-based drilling rigs and a fleet of pressure pumping equipment. Co.'s business segments are: contract drilling services, which markets its contract drilling services to independent and other oil and natural gas operators; pressure pumping services, which provides pressure pumping services to oil and natural gas operators, primarily in Texas, the Mid-Continent region and the Appalachian region; and directional drilling services, which provides a suite of directional drilling services, including directional drilling and downhole performance motors in various onshore oil and natural gas basins.

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