Dividend Information About Patterson-UTI Energy: Everything You Need To Know Before Its Ex-Dividend Date on Sep 2, 2025

Patterson-UTI Energy (PTEN) recently announced a cash dividend of $0.080 per share, with an ex-dividend date of Sep 2, 2025. This dividend is scheduled to be paid on Sep 15, 2025, following the announcement on Jul 23, 2025. The upcoming payment is slightly higher than the average of the company’s last 10 dividends, which stood at $0.05976471 per share. The company has maintained a consistent dividend policy, with its last payout occurring on Jun 16, 2025, also at $0.080 per share, indicating a stable and predictable approach to shareholder returns.

Over the past week, Patterson-UTI Energy has seen notable developments that could influence its market performance and investor perception. One of the most significant was the substantial increase in institutional ownership, with MetLife Investment Management LLC boosting its stake in PTEN shares by 405.2% during the first quarter. This move signals growing confidence in the company’s long-term prospects despite recent market volatility. In addition, American Century Companies Inc. recently added to its position in the stock, further highlighting the appeal of PTEN to institutional investors.

Fundamentally, Patterson-UTI Energy faces a mixed landscape. While the company has maintained its dividend and executed a $20 million share repurchase, its revenue declined year-over-year, with a trailing twelve-month revenue of $5.02 billion, representing a 7.98% drop from the prior year. Analysts have noted that the stock has underperformed over the past several months, falling by 32% in that timeframe. Recently, the company reported a wider-than-expected second-quarter loss, driven by a non-cash asset impairment, which has raised concerns among investors about its near-term profitability and operational efficiency.

Since the last update, the company has also released its latest SEC filings, providing transparency into its financial structure and ongoing business strategies. These filings, which include 10-K and 10-Q forms, offer a comprehensive view of PTEN’s balance sheet, cash flows, and strategic initiatives. Investors are advised to closely monitor these filings for any signs of operational improvements or capital allocation decisions that could affect the company’s long-term trajectory.

In conclusion, Patterson-UTI Energy is navigating a challenging but not uncommon period in the energy sector, marked by fluctuating revenues and mixed investor sentiment. The company’s commitment to maintaining its dividend and repurchasing shares demonstrates its dedication to returning value to shareholders. Investors should note that the ex-dividend date of Sep 2, 2025, is the last day to purchase the stock and still receive the upcoming dividend—any purchase after this date will not be eligible for the payout.