Patterson Uti Energy (PTEN) Change in Inventory (2022 - 2026)
Patterson Uti Energy's (PTEN) quarterly Change in Inventory came in at $5.7 million in Q1 2026, up 376.54% year-on-year from $1.2 million in Q1 2025, and down 17.32% quarter-over-quarter from $6.8 million in Q4 2025.
Patterson Uti Energy (PTEN) Change in Inventory (2022 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Change in Inventory across 5 years of filings, most recently posting $5.7 million for Q1 2026.
- Change in Inventory for Q1 2026 came in at $5.7 million, up 376.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 million (up 911.56% YoY), and the FY2025 annual result 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.
- The 5-year median for Change in Inventory is $3.0 million (2022), against an average of $3.9 million.
- Across the five-year window, Change in Inventory surged 468.62% in 2023 and sank 351.95% in 2024, its largest moves.
- Patterson Uti Energy's 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 surged by 288.88% to $6.8 million in 2025, then fell by 17.32% to $5.7 million in 2026.
- The last three Change in Inventory figures came in at $5.7 million (Q1 2026), $6.8 million (Q4 2025), and -$2.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (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 | 5.66 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 5.14 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -252,000.00 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -4.61 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
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 |