Patterson Uti Energy PTEN
NASDAQ PTEN
$12.18 +0.12 (+1.00%)
At close: Aug 20, 2026 · 4:00 PM EDT

Patterson Uti Energy (PTEN) Divestments (2009 - 2011)

Patterson Uti Energy (PTEN) posted Divestments of $25.5 million for Q1 2011, up 318850.0% sequentially from -$8000.0 in Q4 2010, and down 40.21% YoY from $42.6 million in Q1 2010.

Patterson Uti Energy (PTEN) Divestments (2009 - 2011) Analysis & Trends

Patterson Uti Energy has reported Divestments for 3 years, with the latest figure at $25.5 million in Q1 2011.

  • Quarterly Divestments fell 40.21% year-over-year to $25.5 million in Q1 2011, while the trailing twelve-month figure through Dec 2011 was $25.5 million (down 40.19% YoY) and the FY2021 annual result came in at $41.3 million, changed N/A from the prior year.
  • Divestments grew to $25.5 million in Q1 2011 per PTEN's latest filing, from -$8000.0 in the prior quarter.
  • Over five years, Divestments peaked at $42.6 million in Q1 2010 and troughed at -$143000.0 in Q3 2009.
  • A 3-year average of $11.3 million and a median of $44500.0 in 2009 frame the typical range for Divestments.
  • The sharpest annual moves came in 2010 and 2011: Divestments soared 137467.74% in 2010, then slumped 40.21% in 2011.
  • Over 3 years, Divestments stood at -$143000.0 in 2009, then surged by 94.41% to -$8000.0 in 2010, then surged by 318850.0% to $25.5 million in 2011.
  • According to Business Quant data, Divestments over the past three periods registered $25.5 million, -$8000.0, and $42.6 million for Q1 2011, Q4 2010, and Q1 2010 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Noble 7.46 Bn 7.01 Bn 273.38 Mn -
2 Transocean 6.71 Bn 5.91 Bn 358.00 Mn -
3 Patterson Uti Energy 4.63 Bn 4.43 Bn 597.25 Mn -
4 Helmerich & Payne 4.39 Bn 4.16 Bn 349.94 Mn -
5 Seadrill 2.96 Bn 2.60 Bn 234.00 Mn -
6 Borr Drilling 1.36 Bn 1.14 Bn - -
7 Nabors Industries 1.30 Bn 792.72 Mn 309.38 Mn -
8 Precision Drilling 1.15 Bn 1.10 Bn 89.29 Mn -
9 Valaris 886.35 Mn 345.15 Mn 123.70 Mn -
10 Sable Offshore 777.33 Mn 755.73 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2011 25.50 Mn
Dec 31, 2010 -8,000.00
Mar 31, 2010 42.65 Mn
Sep 30, 2009 -143,000.00
Jun 30, 2009 58,000.00
Mar 31, 2009 31,000.00