Patterson-UTI Energy, Inc. ( PTEN ) will begin trading ex-dividend on March 07, 2018. A cash dividend payment of $0.02 per share is scheduled to be paid on March 22, 2018. Shareholders who purchased PTEN prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 8th quarter that PTEN has paid the same dividend.
The previous trading day's last sale of PTEN was $19.22, representing a -31.16% decrease from the 52 week high of $27.92 and a 29.6% increase over the 52 week low of $14.83.
PTEN is a part of the Energy sector, which includes companies such as Total S.A. ( TOT ) and PetroChina Company Limited ( PTR ). PTEN's current earnings per share, an indicator of a company's profitability, is -$.14. Zacks Investment Research reports PTEN's forecasted earnings growth in 2018 as 103.39%, compared to an industry average of 12.8%.
Interested in gaining exposure to PTEN through an Exchange Traded Fund [ETF]?
The following ETF(s) have PTEN as a top-10 holding:
- PowerShares DWA Energy Momentum Portfolio ( PXI )
- iShares U.S. Energy ETF ( IYE )
- John Hancock Multifactor Energy ETF ( JHME )
- ProShares Ultra Oil & Gas ( DIG ).
The top-performing ETF of this group is PXI with an increase of 5.6% over the last 100 days. It also has the highest percent weighting of PTEN at 2.18%.