Patterson-UTI Energy (PTEN) - Net assets

Net assets on the balance sheet as of September 2024 : C$5.03 Billion

According to Patterson-UTI Energy's latest financial reports the company has C$5.03 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Patterson-UTI Energy - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$C$6.39 B	182.91%
2022-12-31	$C$2.26 B	10.18%
2021-12-31	$C$2.05 B	-20.21%
2020-12-31	$C$2.57 B	-30.54%
2019-12-31	$C$3.70 B	-22.5%
2018-12-31	$C$4.77 B	-4.63%
2017-12-31	$C$5.00 B	65.69%
2016-12-31	$C$3.02 B	-14.94%
2015-12-31	$C$3.55 B	5.36%
2014-12-31	$C$3.37 B	14.94%
2013-12-31	$C$2.93 B	11.73%
2012-12-31	$C$2.62 B	2.58%
2011-12-31	$C$2.55 B	17.07%
2010-12-31	$C$2.18 B	-0.17%
2009-12-31	$C$2.19 B	-15.3%
2008-12-31	$C$2.58 B	36.73%
2007-12-31	$C$1.89 B	3.97%
2006-12-31	$C$1.81 B	14.3%
2005-12-31	$C$1.59 B	37.81%
2004-12-31	$C$1.15 B	8.6%
2003-12-31	$C$1.06 B	-8.71%
2002-12-31	$C$1.16 B	6.42%
2001-12-31	$C$1.09 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Nabors Industries NBR	C$1.73 B	-65.45%	🇧🇲 Bermuda
Helmerich & Payne HP	C$4.02 B	-20.02%	🇺🇸 USA
Transocean RIG	C$14.40 B	186.34%	🇨🇭 Switzerland

What is the market capitalization of a company?

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In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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