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| Date | Value |
|---|---|
| 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 |