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NASDAQ: PTENPatterson Uti Energy (PTEN) stock, explained like you're 5
Patterson Uti Energy trades on the Nasdaq under the ticker PTEN. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 4.3 billion dollars.
- Ticker
- PTEN
- Exchange
- Nasdaq
- Sector
- Energy
- Industry
- Oil & Gas Production
- Size
- Mid cap, about 4.3 billion dollars
Is Patterson Uti Energy a small, medium or large cap company?
No. Patterson Uti Energy is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 4.3 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Patterson Uti Energy makes money
- Producing, refining and moving oil and natural gas.
- Selling fuel and related products.
- Services for energy producers.
What moves PTEN stock
- The price of oil and natural gas.
- How much the company produces and what it costs.
- Energy policy and global demand.
In the news lately
- Patterson UTI Energy, Inc. (PTEN) stock price, news, quote and history (Yahoo Finance UK)
- Patterson UTI Energy, Inc. (PTEN) Stock Price, News, Quote & History (Yahoo! Finance Canada)
- Goldman Sachs keeps USD 12.00 target for Patterson UTI Energy stock (ad-hoc-news.de)
- A webcast will carry Patterson UTI's third quarter results discussion on Oct. 29. (Stock Titan)
- 103 U.S. drilling rigs operated on average for Patterson UTI in September; its three month average was 101. (Stock Titan)
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Questions about Patterson Uti Energy stock
What does Patterson Uti Energy do?
Patterson Uti Energy trades on the Nasdaq under the ticker PTEN. It is a mid cap company in the oil & gas production industry, part of the energy sector, with a market value of about 4.3 billion dollars.
What is the ticker symbol for Patterson Uti Energy?
Patterson Uti Energy trades under the ticker PTEN on the Nasdaq.
What is Patterson Uti Energy's market cap?
Patterson Uti Energy is a mid cap stock with a market cap of about 4.3 billion dollars.
How does Patterson Uti Energy make money?
Producing, refining and moving oil and natural gas. Selling fuel and related products. Services for energy producers.
What moves PTEN stock?
The price of oil and natural gas. How much the company produces and what it costs. Energy policy and global demand.
How can I follow PTEN stock every day?
Add PTEN to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.
