Patterson Uti Energy (PTEN) Acquisitions (2017 - 2019)

Patterson Uti Energy's (PTEN) quarterly Acquisitions came in at $13000.0 in Q1 2019, down 99.66% year-on-year from $3.8 million in Q1 2018, and down 99.88% quarter-over-quarter from $10.4 million in Q4 2018.

Patterson Uti Energy (PTEN) Acquisitions (2017 - 2019) Analysis & Trends

Patterson Uti Energy has disclosed Acquisitions across 3 years of filings, most recently posting $13000.0 for Q1 2019.

  • Acquisitions for Q1 2019 came in at $13000.0, down 99.66% year-over-year; the trailing twelve-month figure through Dec 2019 was $13000.0 (down 99.91% YoY), and the FY2023 annual result was $65.2 million, changed N/A from the prior year.
  • Acquisitions came in at $13000.0 for Q1 2019 at Patterson Uti Energy, down from $10.4 million in the prior quarter.
  • In the past five years, Acquisitions ranged from a high of $67.8 million in Q4 2017 to a low of $13000.0 in Q1 2019.
  • The 3-year median for Acquisitions is $7.1 million (2018), against an average of $20.5 million.
  • Across the five-year window, Acquisitions sank 84.64% in 2018 and tumbled 99.66% in 2019, its largest moves.
  • Patterson Uti Energy's Acquisitions stood at $67.8 million in 2017, then tumbled by 84.64% to $10.4 million in 2018, then slumped by 99.88% to $13000.0 in 2019.
  • The last three Acquisitions figures came in at $13000.0 (Q1 2019), $10.4 million (Q4 2018), and $3.8 million (Q1 2018), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Acquisitions (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2019 13,000.00
Dec 31, 2018 10.41 Mn
Mar 31, 2018 3.80 Mn
Dec 31, 2017 67.76 Mn