Patterson Uti Energy (PTEN) Asset Writedowns and Impairment (2009 - 2026)
Patterson Uti Energy (PTEN) posted Asset Writedowns and Impairment of $721000.0 for Q3 2024, up 364.1% sequentially from -$273000.0 in Q2 2024.
Patterson Uti Energy (PTEN) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Asset Writedowns and Impairment for 14 years, with the latest figure at $721000.0 in Q3 2024.
- Quarterly Asset Writedowns and Impairment changed N/A year-over-year to $721000.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $5.7 million (changed N/A YoY) and the FY2022 annual result came in at $119000.0, down 33.15% from the prior year.
- Asset Writedowns and Impairment advanced to $721000.0 in Q3 2024 per PTEN's latest filing, from -$273000.0 in the prior quarter.
- Over five years, Asset Writedowns and Impairment peaked at $5.2 million in Q1 2024 and troughed at -$4.3 million in Q4 2020.
- A 4-year average of $577272.7 and a median of $117000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- The widest YoY moves for Asset Writedowns and Impairment: up 728.57% in 2020, down 28906.67% in 2020.
- Over 4 years, Asset Writedowns and Impairment stood at -$4.3 million in 2020, then surged by 100.02% to $1000.0 in 2021, then changed by 0.0% to $1000.0 in 2022, then jumped by 72000.0% to $721000.0 in 2024.
- According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $721000.0, -$273000.0, and $5.2 million for Q3 2024, Q2 2024, and Q1 2024 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 |
|---|---|
| Jun 30, 2026 | 1.18 Mn |
| Jun 30, 2026 | 1.18 Mn |
| Jun 30, 2025 | 30.74 Mn |
| Jun 30, 2025 | 30.74 Mn |
| Sep 30, 2024 | 721,000.00 |
| Sep 30, 2024 | 721,000.00 |
| Jun 30, 2024 | -273,000.00 |
| Jun 30, 2024 | -273,000.00 |
| Mar 31, 2024 | 5.23 Mn |
| Mar 31, 2024 | 5.23 Mn |
| Sep 30, 2022 | 1,000.00 |
| Sep 30, 2022 | 1,000.00 |
| Jun 30, 2022 | 1,000.00 |
| Jun 30, 2022 | 1,000.00 |
| Mar 31, 2022 | 117,000.00 |
| Mar 31, 2022 | 117,000.00 |
| Dec 31, 2021 | 1,000.00 |
| Dec 31, 2021 | 1,000.00 |
| Mar 31, 2021 | 147,000.00 |
| Mar 31, 2021 | 147,000.00 |