Jul 01, 2004
2:1
For every share held, investors received 2. The price per share adjusted from $33.41 to $16.70.
The split itself did not change the total investment value.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) operates in the Oil & gas production industry.
Patterson-UTI Energy, Inc. company overviewPatterson-UTI Energy, Inc.'s most recent stock split was on July 1, 2004. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has split its stock 3 times: a 2-for-1 split on July 28, 1997, a 2-for-1 split on January 26, 1998, and a 2-for-1 split on July 1, 2004.
Patterson-UTI Energy, Inc. has split its stock 3 times. This history records 3 forward splits between July 28, 1997 and July 1, 2004.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Patterson-UTI Energy, Inc.'s 2-for-1 split on July 1, 2004, every share became 2 shares.
Patterson-UTI Energy, Inc. has not announced a new split in our records. Its most recent split was on July 1, 2004, 22 years ago. Companies announce splits in advance, and any new NASDAQ:PTEN split will appear on this page.