Patterson-UTI Energy (NASDAQ:PTEN) Has Affirmed Its Dividend Of $0.08 [Yahoo! Finance]
Patterson-UTI Energy, Inc. (PTEN)
Last patterson-uti energy, inc. earnings: 4/23 06:01 am
Check Earnings Report
US:NASDAQ Investor Relations:
patenergy.com
Company Research
Source: Yahoo! Finance
See our latest analysis for Patterson-UTI Energy Patterson-UTI Energy's Dividend Is Well Covered By Earnings While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Based on the last payment, Patterson-UTI Energy was quite comfortably earning enough to cover the dividend. This indicates that quite a large proportion of earnings is being invested back into the business. The next year is set to see EPS grow by 197.2%. If the dividend continues on this path, the payout ratio could be 21% by next year, which we think can be pretty sustainable going forward. Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2014, the dividend has gone from $0.20 total annually to $0.32. This works out to be a compound annual growth rate (CAGR) of approximately 4.8% a year over that time. We're glad to see the dividend has risen, but with a limited rate of grow
Show less
Read more
Impact Snapshot
Event Time:
PTEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PTEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PTEN alerts
High impacting Patterson-UTI Energy, Inc. news events
Weekly update
A roundup of the hottest topics
PTEN
News
- Patterson-UTI (PTEN) Teams Up With ADNOC Drilling in the UAE [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAE [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Signs Term Sheet to Partner with ADNOC Drilling in the UAEAccesswire
- The Patterson-UTI Energy, Inc. (NASDAQ:PTEN) First-Quarter Results Are Out And Analysts Have Published New Forecasts [Yahoo! Finance]Yahoo! Finance
- Patterson-UTI Reports Drilling Activity for April 2024 [Yahoo! Finance]Yahoo! Finance
PTEN
Earnings
- 5/2/24 - Beat
PTEN
Sec Filings
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- 5/13/24 - Form 4
- PTEN's page on the SEC website