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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

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DateValue
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