Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023)

Patterson Uti Energy's (PTEN) quarterly Current Taxes came in at $62.2 million in Q4 2023, up 514.63% year-on-year from $10.1 million in Q4 2022, and down 7.86% quarter-over-quarter from $67.5 million in Q3 2023.

Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023) Analysis & Trends

Patterson Uti Energy has disclosed Current Taxes across 14 years of filings, most recently posting $62.2 million for Q4 2023.

  • Current Taxes for Q4 2023 came in at $62.2 million, up 514.63% year-over-year; the trailing twelve-month figure through Dec 2023 was $62.2 million (up 514.63% YoY), and the FY2023 annual result was $62.2 million, up 514.63% from the prior year.
  • Current Taxes came in at $62.2 million for Q4 2023 at Patterson Uti Energy, down from $67.5 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $67.5 million in Q3 2023 to a low of $269000.0 in Q2 2019.
  • The 5-year median for Current Taxes is $13.9 million (2023), against an average of $16.1 million.
  • Across the five-year window, Current Taxes tumbled 99.07% in 2019 and soared 9649.81% in 2020, its largest moves.
  • Patterson Uti Energy's Current Taxes stood at $342000.0 in 2019, then jumped by 7326.9% to $25.4 million in 2020, then sank by 61.92% to $9.7 million in 2021, then grew by 4.61% to $10.1 million in 2022, then jumped by 514.63% to $62.2 million in 2023.
  • The last three Current Taxes figures came in at $62.2 million (Q4 2023), $67.5 million (Q3 2023), and $17.0 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 1.35 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 81.67 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 28.00 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 29.55 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
Dec 31, 2023 62.19 Mn
Sep 30, 2023 67.50 Mn
Jun 30, 2023 16.95 Mn
Mar 31, 2023 13.88 Mn
Dec 31, 2022 10.12 Mn
Sep 30, 2022 16.25 Mn
Jun 30, 2022 803,000.00
Mar 31, 2022 569,000.00
Dec 31, 2021 9.67 Mn
Sep 30, 2021 19.57 Mn
Jun 30, 2021 18.56 Mn
Mar 31, 2021 15.02 Mn
Sep 30, 2020 25.40 Mn
Jun 30, 2020 26.23 Mn
Mar 31, 2020 341,000.00
Dec 31, 2019 342,000.00
Sep 30, 2019 535,000.00
Jun 30, 2019 269,000.00
Mar 31, 2019 1.37 Mn
Dec 31, 2018 25.32 Mn