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

Patterson Uti Energy's (PTEN) quarterly Change in Accured Expenses came in at -$110.3 million in Q1 2026, down 4000.19% year-on-year from $2.8 million in Q1 2025, and down 233.54% quarter-over-quarter from $82.6 million in Q4 2025.

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

Patterson Uti Energy has disclosed Change in Accured Expenses across 18 years of filings, most recently posting -$110.3 million for Q1 2026.

  • Change in Accured Expenses for Q1 2026 came in at -$110.3 million, down 4000.19% year-over-year; the trailing twelve-month figure through Mar 2026 was -$129.1 million (down 550.72% YoY), and the FY2025 annual result was -$21.5 million, up 28.56% from the prior year.
  • Change in Accured Expenses came in at -$110.3 million for Q1 2026 at Patterson Uti Energy, down from $82.6 million in the prior quarter.
  • In the past five years, Change in Accured Expenses ranged from a high of $95.9 million in Q3 2024 to a low of -$122.7 million in Q2 2025.
  • The 5-year median for Change in Accured Expenses is -$4.6 million (2024), against an average of -$9.1 million.
  • Across the five-year window, Change in Accured Expenses surged 3789.95% in 2022 and plunged 9076.46% in 2024, its largest moves.
  • Patterson Uti Energy's Change in Accured Expenses stood at $80.5 million in 2022, then tumbled by 40.11% to $48.2 million in 2023, then plunged by 109.64% to -$4.6 million in 2024, then jumped by 1876.33% to $82.6 million in 2025, then sank by 233.54% to -$110.3 million in 2026.
  • The last three Change in Accured Expenses figures came in at -$110.3 million (Q1 2026), $82.6 million (Q4 2025), and $21.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Accured Expenses (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 -110.25 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 16.26 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 40.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 20.22 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -24.51 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 100,000.00
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -110.25 Mn
Mar 31, 2026 -110.25 Mn
Dec 31, 2025 82.56 Mn
Dec 31, 2025 82.56 Mn
Sep 30, 2025 21.31 Mn
Sep 30, 2025 21.31 Mn
Jun 30, 2025 -122.71 Mn
Jun 30, 2025 -122.71 Mn
Mar 31, 2025 -2.69 Mn
Mar 31, 2025 -2.69 Mn
Dec 31, 2024 -4.65 Mn
Dec 31, 2024 -4.65 Mn
Sep 30, 2024 95.87 Mn
Sep 30, 2024 95.87 Mn
Jun 30, 2024 -108.37 Mn
Jun 30, 2024 -108.37 Mn
Mar 31, 2024 -12.97 Mn
Mar 31, 2024 -12.97 Mn
Dec 31, 2023 48.21 Mn
Dec 31, 2023 48.21 Mn