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| Date | Value |
|---|---|
| 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 |