Patterson-UTI: Choosing Cash Flow Over Expansion Into Data Centers
Source: SeekingAlpha
2026-02-09 17:18:21 ET
Investment thesis
Patterson-UTI ( PTEN ) reported its Q4 earnings last Wednesday . The beat, coupled with the 25% dividend increase – bringing the yield to 4.6% – was received positively by the market:
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Patterson-UTI: Choosing Cash Flow Over Expansion Into Data Centers
Patterson-UTI Energy Inc.
NASDAQ: PTEN
PTEN Trading
1.24% G/L:
$9.835 Last:
5,208,759 Volume:
$9.44 Open:
