Patterson Uti Energy (PTEN) Asset Writedowns and Impairment (2009 - 2024)

Patterson Uti Energy has disclosed Asset Writedowns and Impairment across 14 years of filings, most recently posting $721000.0 for Q3 2024.

• Asset Writedowns and Impairment for Q3 2024 came in at $721000.0, changed N/A year-over-year; the trailing twelve-month figure through Sep 2024 was $5.7 million (up 4872.27% YoY), and the FY2021 annual result was -$1.5 million, down 126.76% from the prior year.
• Asset Writedowns and Impairment came in at $721000.0 for Q3 2024 at Patterson Uti Energy, up from -$273000.0 in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $5.2 million in Q1 2024 to a low of -$1.7 million in Q4 2021.
• The 4-year median for Asset Writedowns and Impairment is $117000.0 (2022), against an average of $806727.3.
• Across the five-year window, Asset Writedowns and Impairment jumped 728.57% in 2020 and decreased 20.41% in 2022, its largest moves.
• Patterson Uti Energy's Asset Writedowns and Impairment stood at $4.6 million in 2020, then plunged by 136.85% to -$1.7 million in 2021, then soared by 92.9% to -$119000.0 in 2022, then jumped by 705.88% to $721000.0 in 2024.
• The last three Asset Writedowns and Impairment figures came in at $721000.0 (Q3 2024), -$273000.0 (Q2 2024), and $5.2 million (Q1 2024), per Business Quant data.