Patterson-UTI Energy
NASDAQ: PTEN
Energy
Oil & Gas Drilling
Rank
#5542
Market Cap
2.25 B
Volume
12.38 M
Price
5.84
Change (%)
1.52%
Country or region
United States
United States
Patterson-UTI Energy Stock Split History Overview
This company has undergone a total of two stock splits throughout its history. Two forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 07/01/2004 with a ratio of 2-for-1. If an investor had purchased one share prior to the first split on 01/26/1998, that single share would now have grown to 4 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Patterson-UTI Energy (NASDAQ: PTEN) Stock Split History
| Date | Split Ratio | Multiple | Cumulative multiple | Type |
|---|---|---|---|---|
| 07/01/2004 | 2:1 | x2 | x4 | Forward |
| 01/26/1998 | 2:1 | x2 | x2 | Forward |
Frequently Asked Questions
If Patterson-UTI Energy (stock symbol: NASDAQ: PTEN) had never undergone any stock splits, its price per share today would be approximately 23.36 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 2-for-1) that occurred on 07/01/2004.
Patterson-UTI Energy (stock symbol: NASDAQ: PTEN) has undergone a total of two stock splits. The most recent split occurred on 07/01/2004. One share bought prior to the first split on 01/26/1998 would now equal 4.00 shares.
Patterson-UTI Energy (stock symbol: NASDAQ: PTEN) has undergone two stock splits in its history. The most recent split, a 2-for-1 split, occurred on 07/01/2004. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.
