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