Analysts expect over 2024 revenue expansion Patterson-UTI Energy, relatively high dividend

Tomorrow the American Patterson-UTI Energy Energy will publish its past quarters figures. For this year the company, based in Houston revenue will be around 5.48 billion USD. This is according to the average of the analysts' estimates. The expected revenue would be the highest in her history. This is rather significant more than 2023's revenue of 4.15 billion USD.

Historical revenues and results Patterson-UTI Energy Energy plus estimates 2023

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The analysts expect for 2024 a net profit of 80 million USD. For this year most of the analysts expect a profit per share of 22 cent. The price/earnings-ratio is then 35.73.

Huge dividend Patterson-UTI Energy Energy

For this year the analysts expect a dividend of 32 cents per share. Thus the dividend yield equals 4.07 percent. The average dividend yield of the energy companies equals a good 3.33 percent.

Patterson-UTI Energy Energy's market value equals around 1.68 billion .

Historical stock prices Patterson-UTI Energy Energy

equity research patterson-utienergy

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