Patterson Uti Energy (PTEN) Change in Inventory (2022 - 2026)
Patterson Uti Energy recorded quarterly Change in Inventory of $5.7 million in Q1 2026, down 17.32% quarter-over-quarter from $6.8 million in Q4 2025, and up 376.54% year-over-year from $1.2 million in Q1 2025.
Patterson Uti Energy's Change in Inventory history runs 5 years deep, the most recent figure standing at $5.7 million for Q1 2026.
- In Q1 2026, Change in Inventory rose 376.54% year-over-year to $5.7 million; the TTM figure through Mar 2026 stood at $9.5 million (up 911.56% YoY), while the FY2025 annual figure was $1.8 million, down 84.52% from the prior year.
- Change in Inventory came in at $5.7 million for Q1 2026 at Patterson Uti Energy, down from $6.8 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $17.1 million in Q3 2023 to a low of -$3.6 million in Q4 2024.
- A 5-year average of $3.9 million and a median of $3.0 million in 2022 frame the typical range for Change in Inventory.
- Across the five-year window, Change in Inventory soared 468.62% in 2023 and plunged 351.95% in 2024, its largest moves.
- Patterson Uti Energy's Change in Inventory stood at $5.1 million in 2022, then plunged by 71.77% to $1.4 million in 2023, then plunged by 351.95% to -$3.6 million in 2024, then soared by 288.88% to $6.8 million in 2025, then retreated by 17.32% to $5.7 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered $5.7 million, $6.8 million, and -$2.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (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 | 5.66 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 5.14 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -252,000.00 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -4.61 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.66 Mn |
| Mar 31, 2026 | 5.66 Mn |
| Dec 31, 2025 | 6.84 Mn |
| Dec 31, 2025 | 6.84 Mn |
| Sep 30, 2025 | -2.75 Mn |
| Sep 30, 2025 | -2.75 Mn |
| Jun 30, 2025 | -270,000.00 |
| Jun 30, 2025 | -270,000.00 |
| Mar 31, 2025 | -2.05 Mn |
| Mar 31, 2025 | -2.05 Mn |
| Dec 31, 2024 | -3.62 Mn |
| Dec 31, 2024 | -3.62 Mn |
| Sep 30, 2024 | 5.31 Mn |
| Sep 30, 2024 | 5.31 Mn |
| Jun 30, 2024 | -806,000.00 |
| Jun 30, 2024 | -806,000.00 |
| Mar 31, 2024 | 10.59 Mn |
| Mar 31, 2024 | 10.59 Mn |
| Dec 31, 2023 | 1.44 Mn |
| Dec 31, 2023 | 1.44 Mn |
| Sep 30, 2023 | 17.05 Mn |
| Sep 30, 2023 | 17.05 Mn |
| Jun 30, 2023 | 2.67 Mn |
| Jun 30, 2023 | 2.67 Mn |
| Mar 31, 2023 | 9.63 Mn |
| Mar 31, 2023 | 9.63 Mn |
| Dec 31, 2022 | 5.09 Mn |
| Dec 31, 2022 | 5.09 Mn |
| Sep 30, 2022 | 3.00 Mn |
| Sep 30, 2022 | 3.00 Mn |