Patterson Uti Energy (PTEN) Change in Account Payables (2009 - 2026)
Patterson Uti Energy's (PTEN) quarterly Change in Account Payables came in at -$18.6 million in Q1 2026, down 119.0% year-on-year from $98.0 million in Q1 2025, and down 176.39% quarter-over-quarter from $24.4 million in Q4 2025.
Patterson Uti Energy (PTEN) Change in Account Payables (2009 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Change in Account Payables across 18 years of filings, most recently posting -$18.6 million for Q1 2026.
- Change in Account Payables for Q1 2026 came in at -$18.6 million, down 119.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$45.4 million (up 9.65% YoY), and the FY2025 annual result was $71.3 million, up 163.17% from the prior year.
- Change in Account Payables came in at -$18.6 million for Q1 2026 at Patterson Uti Energy, down from $24.4 million in the prior quarter.
- In the past five years, Change in Account Payables ranged from a high of $98.0 million in Q1 2025 to a low of -$87.5 million in Q4 2024.
- The 5-year median for Change in Account Payables is $14.0 million (2022), against an average of -$5.3 million.
- Across the five-year window, Change in Account Payables tumbled 249.77% in 2023 and soared 180.93% in 2024, its largest moves.
- Patterson Uti Energy's Change in Account Payables stood at -$20.5 million in 2022, then tumbled by 96.95% to -$40.3 million in 2023, then plunged by 116.99% to -$87.5 million in 2024, then soared by 127.86% to $24.4 million in 2025, then tumbled by 176.39% to -$18.6 million in 2026.
- The last three Change in Account Payables figures came in at -$18.6 million (Q1 2026), $24.4 million (Q4 2025), and $29.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Account Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -18.63 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -15.82 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 11.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -18.63 Mn |
| Mar 31, 2026 | -18.63 Mn |
| Dec 31, 2025 | 24.39 Mn |
| Dec 31, 2025 | 24.39 Mn |
| Sep 30, 2025 | 29.77 Mn |
| Sep 30, 2025 | 29.77 Mn |
| Jun 30, 2025 | -80.91 Mn |
| Jun 30, 2025 | -80.91 Mn |
| Mar 31, 2025 | 98.04 Mn |
| Mar 31, 2025 | 98.04 Mn |
| Dec 31, 2024 | -87.54 Mn |
| Dec 31, 2024 | -87.54 Mn |
| Sep 30, 2024 | 20.37 Mn |
| Sep 30, 2024 | 20.37 Mn |
| Jun 30, 2024 | -81.10 Mn |
| Jun 30, 2024 | -81.10 Mn |
| Mar 31, 2024 | 35.40 Mn |
| Mar 31, 2024 | 35.40 Mn |
| Dec 31, 2023 | -40.34 Mn |
| Dec 31, 2023 | -40.34 Mn |