Patterson Uti Energy (PTEN) Asset Writedowns and Impairment (2009 - 2024)
Patterson Uti Energy recorded quarterly Asset Writedowns and Impairment of $721000.0 in Q3 2024, up 364.1% quarter-over-quarter from -$273000.0 in Q2 2024.
Patterson Uti Energy's Asset Writedowns and Impairment history runs 14 years deep, the most recent figure standing at $721000.0 for Q3 2024.
- In Q3 2024, Asset Writedowns and Impairment changed N/A year-over-year to $721000.0; the TTM figure through Sep 2024 stood at $5.7 million (up 4872.27% YoY), while the FY2021 annual figure 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.
- A 4-year average of $806727.3 and a median of $117000.0 in 2022 frame the typical range for Asset Writedowns and Impairment.
- Across the five-year window, Asset Writedowns and Impairment surged 728.57% in 2020 and slipped 20.41% in 2022, its largest moves.
- Patterson Uti Energy's Asset Writedowns and Impairment stood at $4.6 million in 2020, then tumbled by 136.85% to -$1.7 million in 2021, then jumped by 92.9% to -$119000.0 in 2022, then surged by 705.88% 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 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2022 | -119,000.00 |
| Dec 31, 2022 | -119,000.00 |
| 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 | -1.68 Mn |
| Dec 31, 2021 | -1.68 Mn |
| Mar 31, 2021 | 147,000.00 |
| Mar 31, 2021 | 147,000.00 |
| Jun 30, 2020 | 4.55 Mn |
| Jun 30, 2020 | 4.55 Mn |
| Mar 31, 2020 | 174,000.00 |
| Mar 31, 2020 | 174,000.00 |
| Dec 31, 2019 | 9.08 Mn |
| Dec 31, 2019 | 9.08 Mn |
| Sep 30, 2019 | -21,000.00 |
| Sep 30, 2019 | -21,000.00 |
| Jun 30, 2019 | 3.59 Mn |
| Jun 30, 2019 | 3.59 Mn |
| Mar 31, 2019 | 21,000.00 |
| Mar 31, 2019 | 21,000.00 |
| Dec 31, 2018 | 346,000.00 |
| Dec 31, 2018 | 346,000.00 |
| Sep 30, 2018 | 7,000.00 |
| Sep 30, 2018 | 7,000.00 |
| Jun 30, 2018 | 466,000.00 |
| Jun 30, 2018 | 466,000.00 |
| Mar 31, 2018 | 96,000.00 |
| Mar 31, 2018 | 96,000.00 |
| Dec 31, 2017 | -443,000.00 |
| Dec 31, 2017 | -443,000.00 |
| Sep 30, 2017 | 415,000.00 |
| Sep 30, 2017 | 415,000.00 |
| Dec 31, 2015 | 1.07 Mn |
| Dec 31, 2015 | 1.07 Mn |
| Sep 30, 2015 | 45,000.00 |
| Sep 30, 2015 | 45,000.00 |
| Jun 30, 2015 | 68,000.00 |
| Jun 30, 2015 | 68,000.00 |
| Mar 31, 2015 | 46,000.00 |
| Mar 31, 2015 | 46,000.00 |
| Dec 31, 2014 | 213,000.00 |
| Dec 31, 2014 | 213,000.00 |
| Sep 30, 2014 | 16,000.00 |
| Sep 30, 2014 | 16,000.00 |
| Jun 30, 2014 | 38,000.00 |
| Jun 30, 2014 | 38,000.00 |
| Mar 31, 2014 | 283,000.00 |
| Mar 31, 2014 | 283,000.00 |
| Dec 31, 2013 | 35,000.00 |
| Dec 31, 2013 | 35,000.00 |
| Sep 30, 2013 | 39,000.00 |
| Sep 30, 2013 | 39,000.00 |
| Jun 30, 2013 | 5,000.00 |
| Jun 30, 2013 | 5,000.00 |
| Mar 31, 2013 | 10,000.00 |
| Mar 31, 2013 | 10,000.00 |
| Dec 31, 2012 | -500,000.00 |
| Dec 31, 2012 | -500,000.00 |
| Mar 31, 2012 | 1.60 Mn |
| Mar 31, 2012 | 1.60 Mn |
| Dec 31, 2011 | 992,000.00 |
| Dec 31, 2011 | 992,000.00 |
| Sep 30, 2011 | 71,000.00 |
| Sep 30, 2011 | 71,000.00 |
| Jun 30, 2011 | 102,000.00 |
| Jun 30, 2011 | 102,000.00 |
| Mar 31, 2011 | 48,000.00 |
| Mar 31, 2011 | 48,000.00 |
| Dec 31, 2010 | 40,000.00 |
| Dec 31, 2010 | 40,000.00 |
| Sep 30, 2010 | -500,000.00 |
| Sep 30, 2010 | -500,000.00 |
| Jun 30, 2010 | -1.00 Mn |
| Jun 30, 2010 | -1.00 Mn |
| Mar 31, 2010 | 350,000.00 |
| Mar 31, 2010 | 350,000.00 |
| Dec 31, 2009 | 9,000.00 |
| Dec 31, 2009 | 9,000.00 |
| Sep 30, 2009 | 285,000.00 |
| Sep 30, 2009 | 285,000.00 |
| Jun 30, 2009 | 1.75 Mn |
| Jun 30, 2009 | 1.75 Mn |
| Mar 31, 2009 | 127,000.00 |
| Mar 31, 2009 | 127,000.00 |