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Patterson Uti Energy (PTEN) Asset Writedowns and Impairment (2017 - 2024)

Patterson Uti Energy (PTEN) has disclosed Asset Writedowns and Impairment for 14 consecutive years, with $721000.0 as the latest value for Q3 2024.

  • Quarterly Asset Writedowns and Impairment changed N/A to $721000.0 in Q3 2024 from the year-ago period, while the trailing twelve-month figure was $5.7 million through Sep 2024, up 4872.27% year-over-year, with the annual reading at -$1.5 million for FY2021, 216.73% down from the prior year.
  • Asset Writedowns and Impairment hit $721000.0 in Q3 2024 for 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.
  • Historically, Asset Writedowns and Impairment has averaged $815333.3 across 4 years, with a median of $73000.0 in 2020.
  • Biggest five-year swings in Asset Writedowns and Impairment: soared 4923.81% in 2020 and later tumbled 5882.76% in 2021.
  • Year by year, Asset Writedowns and Impairment stood at $29000.0 in 2020, then crashed by 5882.76% to -$1.7 million in 2021, then surged by 92.9% to -$119000.0 in 2022, then soared by 705.88% to $721000.0 in 2024.
  • Business Quant data shows Asset Writedowns and Impairment for PTEN at $721000.0 in Q3 2024, -$273000.0 in Q2 2024, and $5.2 million in Q1 2024.