Patterson Uti Energy (PTEN) Change in Taxes (2009 - 2023)

Patterson Uti Energy's (PTEN) quarterly Change in Taxes came in at $1.5 million in Q1 2023, up 243.89% year-on-year from $442000.0 in Q1 2022, and down 22.13% quarter-over-quarter from $2.0 million in Q4 2022.

Patterson Uti Energy (PTEN) Change in Taxes (2009 - 2023) Analysis & Trends

Patterson Uti Energy has disclosed Change in Taxes across 15 years of filings, most recently posting $1.5 million for Q1 2023.

  • Change in Taxes for Q1 2023 came in at $1.5 million, up 243.89% year-over-year; the trailing twelve-month figure through Mar 2023 was $5.2 million (up 666.28% YoY), and the FY2022 annual result was $4.2 million, down 7.64% from the prior year.
  • Change in Taxes came in at $1.5 million for Q1 2023 at Patterson Uti Energy, down from $2.0 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $4.3 million in Q1 2021 to a low of -$3.0 million in Q2 2019.
  • The 5-year median for Change in Taxes is $138000.0 (2021), against an average of $499352.9.
  • Across the five-year window, Change in Taxes tumbled 14028.57% in 2020 and jumped 18533.33% in 2022, its largest moves.
  • Patterson Uti Energy's Change in Taxes stood at -$599000.0 in 2019, then jumped by 158.43% to $350000.0 in 2020, then slumped by 60.57% to $138000.0 in 2021, then surged by 1314.49% to $2.0 million in 2022, then slipped by 22.13% to $1.5 million in 2023.
  • The last three Change in Taxes figures came in at $1.5 million (Q1 2023), $2.0 million (Q4 2022), and $1.7 million (Q3 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (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 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 3.21 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
DateValue
Mar 31, 2023 1.52 Mn
Mar 31, 2023 1.52 Mn
Dec 31, 2022 1.95 Mn
Dec 31, 2022 1.95 Mn
Sep 30, 2022 1.68 Mn
Sep 30, 2022 1.68 Mn
Jun 30, 2022 100,000.00
Jun 30, 2022 100,000.00
Mar 31, 2022 442,000.00
Mar 31, 2022 442,000.00
Dec 31, 2021 138,000.00
Dec 31, 2021 138,000.00
Sep 30, 2021 9,000.00
Sep 30, 2021 9,000.00
Jun 30, 2021 96,000.00
Jun 30, 2021 96,000.00
Mar 31, 2021 4.27 Mn
Mar 31, 2021 4.27 Mn
Dec 31, 2020 350,000.00
Dec 31, 2020 350,000.00