Patterson-UTI Energy (PTEN) - Cash on Hand

Cash on Hand as of March 2024 : $0.17 B

According to Patterson-UTI Energy's latest financial reports the company has $0.17 B in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Patterson-UTI Energy - Cash on Hand chart (from 2001 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$$0.19 B	38.21%
2022-12-31	$$0.13 B	17.04%
2021-12-31	$$0.11 B	-47.75%
2020-12-31	$$0.22 B	29.12%
2019-12-31	$$0.17 B	-28.91%
2018-12-31	$$0.24 B	472.12%
2017-12-31	$$42.82 M	21.84%
2016-12-31	$$35.15 M	-68.99%
2015-12-31	$$0.11 B	163.52%
2014-12-31	$$43.01 M	-82.76%
2013-12-31	$$0.24 B	125.35%
2012-12-31	$$0.11 B	362.39%
2011-12-31	$$23.94 M	-13.28%
2010-12-31	$$27.61 M	-44.64%
2009-12-31	$$49.87 M	-38.59%
2008-12-31	$$81.22 M	365.89%
2007-12-31	$$17.43 M	30.25%
2006-12-31	$$13.38 M	-90.19%
2005-12-31	$$0.13 B	21.38%
2004-12-31	$$0.11 B	11.83%
2003-12-31	$$0.10 B	22.31%
2002-12-31	$$82.15 M	144.62%
2001-12-31	$$33.58 M

Cash on Hand for similar companies or competitors

Company	Cash on Hand	differencediff.	Country
Nabors Industries NBR	$0.42 B	149.97%	🇧🇲 Bermuda
Helmerich & Payne HP	$0.27 B	62.72%	🇺🇸 USA
Transocean RIG	$0.44 B	161.97%	🇨🇭 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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