Patterson Uti Energy (PTEN) Amortization of Deferred Charges (2015 - 2023)
Patterson Uti Energy (PTEN) posted Amortization of Deferred Charges of $396000.0 for Q1 2023, up 1031.43% sequentially from $35000.0 in Q4 2022, and down 1.0% YoY from $400000.0 in Q1 2022.
Patterson Uti Energy (PTEN) Amortization of Deferred Charges (2015 - 2023) Analysis & Trends
Patterson Uti Energy has reported Amortization of Deferred Charges for 9 years, with the latest figure at $396000.0 in Q1 2023.
- Quarterly Amortization of Deferred Charges fell 1.0% year-over-year to $396000.0 in Q1 2023, while the trailing twelve-month figure through Mar 2023 was $1.0 million (down 0.77% YoY) and the FY2022 annual result came in at $835000.0, changed 0.48% from the prior year.
- Amortization of Deferred Charges grew to $396000.0 in Q1 2023 per PTEN's latest filing, from $35000.0 in the prior quarter.
- Over five years, Amortization of Deferred Charges peaked at $500000.0 in Q3 2019 and troughed at $35000.0 in Q4 2022.
- A 5-year average of $281882.4 and a median of $300000.0 in 2019 frame the typical range for Amortization of Deferred Charges.
- The sharpest annual moves came in 2021 and 2022: Amortization of Deferred Charges slumped 90.87% in 2021, then jumped 95.12% in 2022.
- Over 5 years, Amortization of Deferred Charges stood at $269000.0 in 2019, then soared by 58.74% to $427000.0 in 2020, then slumped by 90.87% to $39000.0 in 2021, then slipped by 10.26% to $35000.0 in 2022, then surged by 1031.43% to $396000.0 in 2023.
- According to Business Quant data, Amortization of Deferred Charges over the past three periods registered $396000.0, $35000.0, and $300000.0 for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 396,000.00 |
| Mar 31, 2023 | 396,000.00 |
| Dec 31, 2022 | 35,000.00 |
| Dec 31, 2022 | 35,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Jun 30, 2022 | 300,000.00 |
| Jun 30, 2022 | 300,000.00 |
| Mar 31, 2022 | 400,000.00 |
| Mar 31, 2022 | 400,000.00 |
| Dec 31, 2021 | 39,000.00 |
| Dec 31, 2021 | 39,000.00 |
| Sep 30, 2021 | 300,000.00 |
| Sep 30, 2021 | 300,000.00 |
| Jun 30, 2021 | 300,000.00 |
| Jun 30, 2021 | 300,000.00 |
| Mar 31, 2021 | 205,000.00 |
| Mar 31, 2021 | 205,000.00 |
| Dec 31, 2020 | 427,000.00 |
| Dec 31, 2020 | 427,000.00 |