Patterson-UTI Energy (PTEN) - Market capitalization

Market cap: $2.99 Billion USD

As of December 2024 Patterson-UTI Energy has a market cap of $2.99 Billion USD. This makes Patterson-UTI Energy the world's 3561th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Patterson-UTI Energy from 1996 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	$2.99 B	-33.55%
2023	$4.50 B	23.43%
2022	$3.65 B	100.87%
2021	$1.81 B	84.31%
2020	$0.98 B	-51.09%
2019	$2.01 B	-8.8%
2018	$2.21 B	-56.81%
2017	$5.11 B	28.37%
2016	$3.98 B	79.66%
2015	$2.21 B	-8.65%
2014	$2.42 B	-33.47%
2013	$3.65 B	34.33%
2012	$2.71 B	-12.58%
2011	$3.10 B	-6.42%
2010	$3.32 B	40.92%
2009	$2.35 B	32.49%
2008	$1.77 B	-40.78%
2007	$3.00 B	-17.37%
2006	$3.63 B	-36%
2005	$5.68 B	73.36%
2004	$3.27 B	22.91%
2003	$2.66 B	10.38%
2002	$2.41 B	34.67%
2001	$1.79 B	29.53%
2000	$1.38 B	226.01%
1999	$0.42 B	230.03%
1998	$0.12 B	-78.51%
1997	$0.59 B	370.5%
1996	$0.12 B

End of Day market cap according to different sources

On Dec 21st, 2024 the market cap of Patterson-UTI Energy was reported to be:

$2.99 Billion USD

by Nasdaq

$2.99 Billion USD

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Nabors Industries NBR	$0.51 B	-82.86%	🇧🇲 Bermuda
Helmerich & Payne HP	$3.00 B	0.41%	🇺🇸 USA
Transocean RIG	$3.09 B	3.23%	🇨🇭 Switzerland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Patterson-UTI Energy (PTEN)

Market cap: $2.99 Billion USD