Patterson Uti Energy PTEN
NASDAQ PTEN
$12.34 +0.16 (+1.31%)
At close: Aug 21, 2026 · 4:00 PM EDT

Patterson Uti Energy (PTEN) Change in Accured Expenses (2009 - 2026)

Patterson Uti Energy (PTEN) posted Change in Accured Expenses of -$110.3 million for Q1 2026, down 238.98% sequentially from $79.3 million in Q4 2025, and up 2.52% YoY from -$107.5 million in Q1 2025.

Patterson Uti Energy (PTEN) Change in Accured Expenses (2009 - 2026) Analysis & Trends

Patterson Uti Energy has reported Change in Accured Expenses for 18 years, with the latest figure at -$110.3 million in Q1 2026.

  • Quarterly Change in Accured Expenses rose 2.52% year-over-year to -$110.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$21.9 million (down 21.47% YoY) and the FY2025 annual result came in at -$24.8 million, up 17.82% from the prior year.
  • Change in Accured Expenses fell to -$110.3 million in Q1 2026 per PTEN's latest filing, from $79.3 million in the prior quarter.
  • Over five years, Change in Accured Expenses peaked at $105.5 million in Q2 2024 and troughed at -$125.2 million in Q1 2024.
  • A 5-year average of -$9.3 million and a median of -$4.2 million in 2022 frame the typical range for Change in Accured Expenses.
  • The widest YoY moves for Change in Accured Expenses: up 2535.3% in 2022, down 41906.56% in 2022.
  • Over 5 years, Change in Accured Expenses stood at -$4.2 million in 2022, then jumped by 480.88% to $16.0 million in 2023, then soared by 491.76% to $94.4 million in 2024, then fell by 16.0% to $79.3 million in 2025, then slumped by 238.98% to -$110.3 million in 2026.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered -$110.3 million, $79.3 million, and $21.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 -8.62 Mn
4 Helmerich & Payne 4.37 Bn 4.13 Bn 349.94 Mn 36.06 Mn
5 Seadrill 2.95 Bn 2.59 Bn 234.00 Mn -12.00 Mn
6 Borr Drilling 1.39 Bn 1.17 Bn - -58.80 Mn
7 Nabors Industries 1.32 Bn 807.28 Mn 309.38 Mn 17.06 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 - 78.03 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 -8.62 Mn
Jun 30, 2026 -8.62 Mn
Mar 31, 2026 -110.25 Mn
Mar 31, 2026 -110.25 Mn
Dec 31, 2025 79.33 Mn
Dec 31, 2025 79.33 Mn
Sep 30, 2025 21.31 Mn
Sep 30, 2025 21.31 Mn
Jun 30, 2025 -12.29 Mn
Jun 30, 2025 -12.29 Mn
Mar 31, 2025 -113.10 Mn
Mar 31, 2025 -113.10 Mn
Dec 31, 2024 94.44 Mn
Dec 31, 2024 94.44 Mn
Sep 30, 2024 -104.88 Mn
Sep 30, 2024 -104.88 Mn
Jun 30, 2024 105.51 Mn
Jun 30, 2024 105.51 Mn
Mar 31, 2024 -125.19 Mn
Mar 31, 2024 -125.19 Mn