Patterson-UTI Energy, Inc. (NASDAQ: PTEN) named among the 12 Best Oil and Gas Dividend Stocks to Buy Now. Following its acquisition of Nextier, PTEN is a key player in US drilling with the largest pressure pumping fleet. The company returned $51 million to shareholders in Q1 2025, offering a 5.37% annual dividend yield.

PTEN used $387 million to repurchase shares from Sep 2023 to Mar 2025, reducing share count by 8%. The company still has $741 million in remaining share repurchase authorization and aims to return at least 50% of adjusted free cash flow to shareholders. PTEN is a leading provider of drilling and completion services in the US.

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Read more at Yahoo Finance: Among the Best Oil and Gas Stocks for Dividend Income