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Also see: PTEN Market Cap History PTEN YTD Return |
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+7.00% CAGR 
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| PTEN Stock Price Chart |
| About Patterson-UTI Energy Inc. |
| Patterson-UTI Energy is an oilfield services company that primarily owns and operates a fleet of land-based drilling rigs in the U.S. and a fleet of pressure pumping equipment. Co. provides pressure pumping services to oil and natural gas operators, primarily in Texas and the Appalachian region. Pressure pumping services consist primarily of well stimulation services (such as hydraulic fracturing) for the completion of new wells and remedial work on existing wells. Co. provides a suite of directional drilling services, including directional drilling, measurement-while-drilling and supply and rental of downhole performance motors, in various onshore oil and natural gas basins in the U.S. We show 59 historical shares outstanding datapoints in our coverage of PTEN's shares outstanding history. Understanding the changing numbers of PTEN shares outstanding — and comprehending the concept of differing number of shares outstanding in general comparing companies like PTEN versus peers — is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies. Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history. With this page we aim to empower investors researching PTEN by allowing them to research PTEN shares outstanding history as well as any other stock in our coverage universe. |
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| Video: Shares Outstanding Importance | |
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Video: Shares Outstanding Importance
| PTEN Share Performance |
| Shares Outstanding Peers |
| Patterson-UTI Energy (PTEN) is categorized under the Energy sector; to help you further research historical shares outstanding numbers, below are some other companies in the same sector:
PUMP Shares Outstanding History |
