A number of research firms have changed their ratings and price targets for Patterson-UTI Energy (NASDAQ: PTEN):
- 12/15/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 12/10/2025 – Patterson-UTI Energy had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $6.00 price target on the stock, down previously from $7.00.
- 12/8/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 12/1/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 11/25/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 11/19/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 11/13/2025 – Patterson-UTI Energy had its “sell (d-)” rating reaffirmed by analysts at Weiss Ratings.
- 10/25/2025 – Patterson-UTI Energy was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating.
- 10/24/2025 – Patterson-UTI Energy had its price target raised by analysts at Royal Bank Of Canada from $7.00 to $8.00. They now have an “outperform” rating on the stock.
Patterson-UTI Energy Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, December 15th. Shareholders of record on Monday, December 1st were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Monday, December 1st. Patterson-UTI Energy’s dividend payout ratio (DPR) is -88.89%.
Patterson-UTI Energy, Inc, through its subsidiaries, engages in the provision of contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment provides contract and directional drilling services in onshore oil and natural gas basins, as well as engages in the service and re-certification of equipment for drilling contractors, and provision of electrical controls and automation to the energy, marine and mining industries.
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