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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$11.76 |
$11.93 |
$11.63 |
$11.84 |
6.70M | 03/22/2024 |
$11.85 |
$11.89 |
$11.65 |
$11.69 |
4.32M | 03/25/2024 |
$11.72 |
$12.12 |
$11.72 |
$11.84 |
5.45M | 03/26/2024 |
$11.92 |
$12.03 |
$11.66 |
$11.69 |
3.83M | 03/27/2024 |
$11.67 |
$12.06 |
$11.61 |
$12.05 |
5.26M |
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Patterson-UTI Energy is an oilfield services company that primarily owns and operates a fleet of land-based drilling rigs in the U.S. and a fleet of pressure pumping equipment. Co. provides pressure pumping services to oil and natural gas operators, primarily in Texas and the Appalachian region. Pressure pumping services consist primarily of well stimulation services (such as hydraulic fracturing) for the completion of new wells and remedial work on existing wells. Co. provides a suite of directional drilling services, including directional drilling, measurement-while-drilling and supply and rental of downhole performance motors, in various onshore oil and natural gas basins in the U.S. | |
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Patterson-UTI Energy (PTEN) has the following price history information. Looking back at PTEN historical stock prices for the last five trading days, on March 21, 2024, PTEN opened at $11.76, traded as high as $11.93 and as low as $11.63, and closed at $11.84. Trading volume was a total of 6.70M shares. On March 22, 2024, PTEN opened at $11.85, traded as high as $11.89 and as low as $11.65, and closed at $11.69. Trading volume was a total of 4.32M shares. On March 25, 2024, PTEN opened at $11.72, traded as high as $12.12 and as low as $11.72, and closed at $11.84. Trading volume was a total of 5.45M shares. On March 26, 2024, PTEN opened at $11.92, traded as high as $12.03 and as low as $11.66, and closed at $11.69. Trading volume was a total of 3.83M shares. On March 27, 2024, PTEN opened at $11.67, traded as high as $12.06 and as low as $11.61, and closed at $12.05. Trading volume was a total of 5.26M shares.
PTEN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Patterson-UTI Energy shares, starting with a $10,000 purchase of PTEN, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$31.68 |
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End price/share: |
$12.05 |
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Starting shares: |
315.66 |
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Ending shares: |
366.77 |
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Dividends reinvested/share: |
$2.02 |
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Total return: |
-55.80% |
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Average Annual Total Return: |
-7.84% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,421.01 |
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Years: |
10.00 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$31.68 |
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End price/share: |
$12.05 |
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Dividends collected/share: |
$2.02 |
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Total return: |
-55.59% |
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Average Annual Total Return: |
-7.80% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$4,440.23 |
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Years: |
10.00 |
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|
Date |
Close |
03/21/2024 | $11.84 | 03/22/2024 | $11.69 | 03/25/2024 | $11.84 | 03/26/2024 | $11.69 | 03/27/2024 | $12.05 |
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