SmarterDividends

PTEN vs SHEL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, SHEL (Shell plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PTEN offers the higher yield at 3.48%, SHEL has the higher dividend-safety score, and PTEN looks like the better value (its fair-value estimate is 103% above its share price).

Key facts: PTEN vs SHEL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Patterson-UTI Energy, Inc. (PTEN) has the higher forward dividend yield at 3.48%, versus 2.93% for Shell plc (SHEL).
  • As of Oct 18, 2026, SmarterDividends grades PTEN's dividend safety C (59/100) and SHEL's B (74/100).
  • By SmarterDividends' count as of Oct 18, 2026, PTEN has raised its dividend for 0 consecutive years and SHEL for 5.
  • As of Oct 18, 2026, PTEN pays out 133% of its earnings as dividends and SHEL pays out 33%.
  • As of Oct 18, 2026, PTEN's fair-value estimate is 103% above its share price and SHEL's fair-value estimate is 20% below its share price, so PTEN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PTEN vs SHEL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/pten-vs-shel

MetricPTENSHEL
Forward yield3.48%2.93%
Annual dividend$0.40$3.12
Payout ratio133%33%
Years of growth0 yr5 yr
5-yr dividend growth32.0%17.2%
5-yr total return63%154%
Dividend safety score59 (C)74 (B)
Fair value estimate$23.29$85.55
Upside to fair value+103%-20%
Frequencyquarterlyquarterly
Market cap$4.4B$303.4B
P/E ratio—11.8

Higher yield

PTEN

3.48%

Safer dividend

SHEL

Grade B

Faster growth

PTEN

32.0%

Better value

PTEN

+103% upside

PTEN vs SHEL — FAQ

Is PTEN or SHEL a better dividend stock?

On the data, SHEL wins more head-to-head categories (5 vs 3). PTEN offers the higher yield (3.48%), while SHEL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, PTEN or SHEL?

PTEN has the higher forward dividend yield at 3.48%, versus 2.93% for SHEL.

Is PTEN or SHEL safer?

SHEL has the higher dividend-safety score (74/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is PTEN or SHEL better value right now?

As of Oct 18, 2026, PTEN looks like the better value: its fair-value estimate is 103% above its share price (undervalued). For SHEL, its fair-value estimate is 20% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.