What is the current Patterson-UTI Energy market capitalization?
The current market capitalization of Patterson-UTI Energy is 2.85 B USD.
Patterson-UTI Energy Market capitalization 2024
Patterson-UTI Energy Market capitalization
2.85 B USD
Ticker
PTEN
ISIN
US7034811015
WKN
905153
In 2024, Patterson-UTI Energy's market cap stood at 2.85 B USD, a -25.99% increase from the 3.84 B USD market cap in the previous year.
The Patterson-UTI Energy Market capitalization history
| YEAR | REVENUE (undefined USD) | GROSS MARGIN (%) | NET INCOME (undefined USD) |
|---|---|---|---|
| 2029e | 7.42 | 18,00 | 448.33 |
| 2028e | 7.16 | 18,66 | 415.43 |
| 2027e | 7.14 | 18,71 | 390.75 |
| 2026e | 6.77 | 19,71 | 622.9 |
| 2025e | 6.42 | 20,79 | 367.54 |
| 2024e | 6.03 | 22,15 | 210.93 |
| 2023 | 4.15 | 32,20 | 246.29 |
| 2022 | 2.65 | 30,25 | 154.7 |
| 2021 | 1.36 | 20,27 | -654.5 |
| 2020 | 1.12 | 28,67 | -803.7 |
| 2019 | 2.47 | 28,21 | -425.7 |
| 2018 | 3.33 | 27,79 | -321.4 |
| 2017 | 2.36 | 27,12 | 5.7 |
| 2016 | 0.92 | 29,16 | -318.6 |
| 2015 | 1.89 | 34,84 | -291.5 |
| 2014 | 3.18 | 33,50 | 161 |
| 2013 | 2.72 | 36,45 | 186.2 |
| 2012 | 2.72 | 38,76 | 296.9 |
| 2011 | 2.57 | 39,84 | 319.9 |
| 2010 | 1.46 | 38,63 | 116.1 |
| 2009 | 0.78 | 37,45 | -37.9 |
| 2008 | 2.06 | 41,93 | 343.9 |
| 2007 | 1.99 | 45,66 | 434.7 |
| 2006 | 2.35 | 53,57 | 654.3 |
| 2005 | 1.62 | 48,05 | 365.4 |
| 2004 | 1 | 32,16 | 94.3 |
Patterson-UTI Energy Aktienanalyse
What does Patterson-UTI Energy do?
Patterson-UTI Energy Inc is a US-based company specializing in the oil and gas industry. It was founded in 1978 and is headquartered in Houston, Texas. The company began as a small drilling firm in West Texas and quickly became one of the largest oilfield equipment suppliers in the country. Over the years, the company has expanded its offerings to better serve its customers. Its business model is based on providing onshore drilling and fracking services for oil and gas exploration worldwide. The company operates a fleet of modern drilling and fracking equipment and provides internal technical support to increase efficiency and effectiveness. It is involved in various business segments, including drilling services, fracking services and equipment, and natural gas storage and transportation. The company also offers solutions for natural gas storage and transportation, including underground storage and the use of pipelines. Patterson-UTI Energy Inc has experienced strong growth in recent years, largely due to increased demand for oil and gas services. It has a significant number of customers in the industry who prefer its services. Overall, Patterson-UTI Energy Inc is a leading company in the oil and gas industry, specializing in onshore drilling and fracking services. It offers a wide range of products and services and is a key source of equipment and systems in the industry. With its continuous growth and experience, it is well positioned to continue to be successful and maintain its leading position in the market. Patterson-UTI Energy ist eines der beliebtesten Unternehmen auf Eulerpool.com.Market capitalization Details
Exploring Patterson-UTI Energy's Market Capitalization
Patterson-UTI Energy's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.
Year-to-Year Comparison
A yearly comparison of Patterson-UTI Energy's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.
Impact on Investments
Patterson-UTI Energy's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.
Interpreting Market Capitalization Fluctuations
Variations in Patterson-UTI Energy’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.
Frequently Asked Questions about Patterson-UTI Energy Stock
What is market capitalization?
The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Patterson-UTI Energy.
How has the market capitalization of Patterson-UTI Energy developed in recent years?
The market capitalization of Patterson-UTI Energy has increased/decreased by -25.99% compared to the previous year.
What does market capitalization mean for investors?
The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.
Why is market capitalization an important indicator for investors?
The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.
Why does the market capitalization fluctuate?
The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.
What role does market capitalization play in the valuation of Patterson-UTI Energy?
In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.
Does the market capitalization influence the performance of Patterson-UTI Energy?
There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).
Does the market capitalization of Patterson-UTI Energy have an influence on indices?
Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).
How much dividend does Patterson-UTI Energy pay?
Over the past 12 months, Patterson-UTI Energy paid a dividend of 0.32 USD . This corresponds to a dividend yield of about 3.15 %. For the coming 12 months, Patterson-UTI Energy is expected to pay a dividend of 0.31 USD.
What is the dividend yield of Patterson-UTI Energy?
The current dividend yield of Patterson-UTI Energy is 3.15 %.
When does Patterson-UTI Energy pay dividends?
Patterson-UTI Energy pays a quarterly dividend. This is distributed in the months of October, December, March, July.
How secure is the dividend of Patterson-UTI Energy?
Patterson-UTI Energy paid dividends every year for the past 26 years.
What is the dividend of Patterson-UTI Energy?
For the upcoming 12 months, dividends amounting to 0.31 USD are expected. This corresponds to a dividend yield of 3.07 %.
In which sector is Patterson-UTI Energy located?
Patterson-UTI Energy is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Patterson-UTI Energy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Patterson-UTI Energy from 6/17/2024 amounting to 0.08 USD, you needed to have the stock in your portfolio before the ex-date on 6/3/2024.
When did Patterson-UTI Energy pay the last dividend?
The last dividend was paid out on 6/17/2024.
What was the dividend of Patterson-UTI Energy in the year 2023?
In the year 2023, Patterson-UTI Energy distributed 0.2 USD as dividends.
In which currency does Patterson-UTI Energy pay out the dividend?
The dividends of Patterson-UTI Energy are distributed in USD.
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Andere Kennzahlen von Patterson-UTI Energy
Our stock analysis for Patterson-UTI Energy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Patterson-UTI Energy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
- Patterson-UTI Energy Revenue
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- Patterson-UTI Energy P/E
- Patterson-UTI Energy P/S
- Patterson-UTI Energy EBIT
- Patterson-UTI Energy Dividend
- Patterson-UTI Energy Stocks
- Patterson-UTI Energy Market capitalization
- Patterson-UTI Energy Debt
- Patterson-UTI Energy Liabilities
- Patterson-UTI Energy Equity
- Patterson-UTI Energy AAQS
- Patterson-UTI Energy Employees
- Patterson-UTI Energy ROE
- Patterson-UTI Energy ROA
- Patterson-UTI Energy ROCE
