Patterson Uti Energy (PTEN) Finished Goods (2017 - 2023)
Patterson Uti Energy (PTEN) posted Finished Goods of $32.1 million for Q4 2023, up 16.74% sequentially from $27.5 million in Q3 2023, and up 114389.29% YoY from N/an in Q4 2022.
Patterson Uti Energy (PTEN) Finished Goods (2017 - 2023) Analysis & Trends
Patterson Uti Energy has reported Finished Goods for 7 years, with the latest figure at $32.1 million in Q4 2023.
- Quarterly Finished Goods rose 114389.29% year-over-year to $32.1 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $32.1 million (up 114389.29% YoY) and the FY2023 annual result came in at $32.1 million, up 114389.29% from the prior year.
- Finished Goods grew to $32.1 million in Q4 2023 per PTEN's latest filing, from $27.5 million in the prior quarter.
- Over five years, Finished Goods peaked at $32.1 million in Q4 2023 and troughed at $7000.0 in Q2 2019.
- A 5-year average of $3.5 million and a median of $601000.0 in 2019 frame the typical range for Finished Goods.
- The sharpest annual moves came in 2019 and 2023: Finished Goods plunged 99.72% in 2019, then surged 114389.29% in 2023.
- Over 5 years, Finished Goods stood at $105000.0 in 2019, then jumped by 471.43% to $600000.0 in 2020, then fell by 14.17% to $515000.0 in 2021, then tumbled by 94.56% to $28000.0 in 2022, then soared by 114389.29% to $32.1 million in 2023.
- According to Business Quant data, Finished Goods over the past three periods registered $32.1 million, $27.5 million, and $1.6 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.42 Bn | 6.96 Bn | 273.38 Mn |
| 2 | Transocean | 6.64 Bn | 5.84 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.42 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.12 Bn | 349.94 Mn |
| 5 | Seadrill | 2.94 Bn | 2.58 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 793.36 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 880.11 Mn | 338.91 Mn | 123.70 Mn |
| 10 | Sable Offshore | 811.86 Mn | 790.26 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 32.06 Mn |
| Sep 30, 2023 | 27.46 Mn |
| Jun 30, 2023 | 1.58 Mn |
| Mar 31, 2023 | 1.67 Mn |
| Dec 31, 2022 | 28,000.00 |
| Sep 30, 2022 | 711,000.00 |
| Jun 30, 2022 | 817,000.00 |
| Mar 31, 2022 | 912,000.00 |
| Dec 31, 2021 | 515,000.00 |
| Sep 30, 2021 | 566,000.00 |
| Jun 30, 2021 | 315,000.00 |
| Mar 31, 2021 | 866,000.00 |
| Dec 31, 2020 | 600,000.00 |
| Sep 30, 2020 | 520,000.00 |
| Jun 30, 2020 | 625,000.00 |
| Mar 31, 2020 | 243,000.00 |
| Dec 31, 2019 | 105,000.00 |
| Sep 30, 2019 | 62,000.00 |
| Jun 30, 2019 | 7,000.00 |
| Mar 31, 2019 | 602,000.00 |