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

Patterson Uti Energy recorded quarterly Change in Accured Expenses of -$110.3 million in Q1 2026, down 233.54% quarter-over-quarter from $82.6 million in Q4 2025, and down 4000.19% year-over-year from $2.8 million in Q1 2025.

Patterson Uti Energy's Change in Accured Expenses history runs 18 years deep, the most recent figure standing at -$110.3 million for Q1 2026.

  • In Q1 2026, Change in Accured Expenses fell 4000.19% year-over-year to -$110.3 million; the TTM figure through Mar 2026 stood at -$129.1 million (down 550.72% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$9.1 million and a median of -$4.6 million in 2024 frame the typical range for Change in Accured Expenses.
  • Across the five-year window, Change in Accured Expenses soared 3789.95% in 2022 and tumbled 9076.46% in 2024, its largest moves.
  • Patterson Uti Energy's Change in Accured Expenses stood at $80.5 million in 2022, then slumped by 40.11% to $48.2 million in 2023, then tumbled by 109.64% to -$4.6 million in 2024, then surged by 1876.33% to $82.6 million in 2025, then plunged by 233.54% to -$110.3 million in 2026.
  • According to Business Quant data, Change in Accured Expenses over the past three periods registered -$110.3 million, $82.6 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 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 -110.25 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 16.26 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 40.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 20.22 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -24.51 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 5.90 Mn

Historic Data

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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
Sep 30, 2023 -65.49 Mn
Sep 30, 2023 -65.49 Mn
Jun 30, 2023 -1.18 Mn
Jun 30, 2023 -1.18 Mn
Mar 31, 2023 -5.02 Mn
Mar 31, 2023 -5.02 Mn
Dec 31, 2022 80.48 Mn
Dec 31, 2022 80.48 Mn
Sep 30, 2022 -45.45 Mn
Sep 30, 2022 -45.45 Mn
Jun 30, 2022 -5.55 Mn
Jun 30, 2022 -5.55 Mn
Mar 31, 2022 935,000.00
Mar 31, 2022 935,000.00
Dec 31, 2021 2.07 Mn
Dec 31, 2021 2.07 Mn
Sep 30, 2021 -6.54 Mn
Sep 30, 2021 -6.54 Mn
Jun 30, 2021 -122,000.00
Jun 30, 2021 -122,000.00
Mar 31, 2021 -1.35 Mn
Mar 31, 2021 -1.35 Mn
Dec 31, 2020 -16.66 Mn
Dec 31, 2020 -16.66 Mn
Sep 30, 2020 -39.85 Mn
Sep 30, 2020 -39.85 Mn
Jun 30, 2020 10.83 Mn
Jun 30, 2020 10.83 Mn
Mar 31, 2020 -15.59 Mn
Mar 31, 2020 -15.59 Mn
Dec 31, 2019 -4.13 Mn
Dec 31, 2019 -4.13 Mn
Sep 30, 2019 -2.04 Mn
Sep 30, 2019 -2.04 Mn
Jun 30, 2019 -5.84 Mn
Jun 30, 2019 -5.84 Mn
Mar 31, 2019 2.87 Mn
Mar 31, 2019 2.87 Mn
Dec 31, 2018 3.79 Mn
Dec 31, 2018 3.79 Mn
Sep 30, 2018 887,000.00
Sep 30, 2018 887,000.00
Jun 30, 2018 -609,000.00
Jun 30, 2018 -609,000.00
Mar 31, 2018 67,000.00
Mar 31, 2018 67,000.00
Dec 31, 2017 -30.11 Mn
Dec 31, 2017 -30.11 Mn
Sep 30, 2017 28.92 Mn
Sep 30, 2017 28.92 Mn
Jun 30, 2017 -9.77 Mn
Jun 30, 2017 -9.77 Mn
Mar 31, 2017 -3.23 Mn
Mar 31, 2017 -3.23 Mn
Dec 31, 2016 8.18 Mn
Dec 31, 2016 8.18 Mn
Sep 30, 2016 -6.53 Mn
Sep 30, 2016 -6.53 Mn
Jun 30, 2016 -460,000.00
Jun 30, 2016 -460,000.00
Mar 31, 2016 -628,000.00
Mar 31, 2016 -628,000.00
Dec 31, 2015 -9.62 Mn
Dec 31, 2015 -9.62 Mn
Sep 30, 2015 7.34 Mn
Sep 30, 2015 7.34 Mn
Jun 30, 2015 -920,000.00
Jun 30, 2015 -920,000.00
Mar 31, 2015 857,000.00
Mar 31, 2015 857,000.00
Dec 31, 2014 -17.87 Mn
Dec 31, 2014 -17.87 Mn
Sep 30, 2014 10.29 Mn
Sep 30, 2014 10.29 Mn
Jun 30, 2014 13.77 Mn
Jun 30, 2014 13.77 Mn
Mar 31, 2014 -1.65 Mn
Mar 31, 2014 -1.65 Mn
Dec 31, 2013 52,000.00
Dec 31, 2013 52,000.00
Sep 30, 2013 -167,000.00
Sep 30, 2013 -167,000.00
Jun 30, 2013 17.71 Mn
Jun 30, 2013 17.71 Mn
Mar 31, 2013 -17.70 Mn
Mar 31, 2013 -17.70 Mn
Dec 31, 2012 -5.31 Mn
Dec 31, 2012 -5.31 Mn
Sep 30, 2012 10.52 Mn
Sep 30, 2012 10.52 Mn
Jun 30, 2012 972,000.00
Jun 30, 2012 972,000.00
Mar 31, 2012 -12.23 Mn
Mar 31, 2012 -12.23 Mn
Dec 31, 2011 24.76 Mn
Dec 31, 2011 24.76 Mn
Sep 30, 2011 -1.70 Mn
Sep 30, 2011 -1.70 Mn
Jun 30, 2011 601,000.00
Jun 30, 2011 601,000.00
Mar 31, 2011 -5.35 Mn
Mar 31, 2011 -5.35 Mn
Dec 31, 2010 1.02 Mn
Dec 31, 2010 1.02 Mn
Sep 30, 2010 -14.12 Mn
Sep 30, 2010 -14.12 Mn
Jun 30, 2010 15.83 Mn
Jun 30, 2010 15.83 Mn
Mar 31, 2010 506,000.00
Mar 31, 2010 506,000.00
Dec 31, 2009 -37,000.00
Dec 31, 2009 -37,000.00
Sep 30, 2009 -22,000.00
Sep 30, 2009 -22,000.00
Jun 30, 2009 23.50 Mn
Jun 30, 2009 23.50 Mn
Mar 31, 2009 -23.53 Mn
Mar 31, 2009 -23.53 Mn