Patterson Uti Energy (PTEN) Change in Inventory (2009 - 2026)
Patterson Uti Energy (PTEN) posted Change in Inventory of $5.7 million for Q1 2026, down 17.32% sequentially from $6.8 million in Q4 2025, and up 376.54% YoY from $1.2 million in Q1 2025.
Patterson Uti Energy (PTEN) Change in Inventory (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Change in Inventory for 10 years, with the latest figure at $5.7 million in Q1 2026.
- Quarterly Change in Inventory rose 376.54% year-over-year to $5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $9.5 million (up 911.56% YoY) and the FY2025 annual result came in at $1.8 million, down 84.52% from the prior year.
- Change in Inventory eased to $5.7 million in Q1 2026 per PTEN's latest filing, from $6.8 million in the prior quarter.
- Over five years, Change in Inventory peaked at $17.1 million in Q3 2023 and troughed at -$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.
- The sharpest annual moves came in 2023 and 2024: Change in Inventory jumped 468.62% in 2023, then sank 351.95% in 2024.
- Over 5 years, Change in Inventory stood at $5.1 million in 2022, then sank by 71.77% to $1.4 million in 2023, then sank by 351.95% to -$3.6 million in 2024, then jumped by 288.88% to $6.8 million in 2025, then decreased 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 | 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 | 12.74 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | -6.61 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | -2.33 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 | - | -98,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.74 Mn |
| Jun 30, 2026 | 12.74 Mn |
| 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 |