Patterson Uti Energy (PTEN) Inventory Average (2009 - 2026)
Patterson Uti Energy (PTEN) posted Inventory Average of $155.4 million for Q1 2026, down 1.69% sequentially from $158.1 million in Q4 2025, and down 7.14% YoY from $167.4 million in Q1 2025.
Patterson Uti Energy (PTEN) Inventory Average (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Inventory Average for 18 years, with the latest figure at $155.4 million in Q1 2026.
- Quarterly Inventory Average fell 7.14% year-over-year to $155.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $155.4 million (down 7.14% YoY) and the FY2025 annual result came in at $163.7 million, down 5.9% from the prior year.
- Inventory Average retreated to $155.4 million in Q1 2026 per PTEN's latest filing, from $158.1 million in the prior quarter.
- Over five years, Inventory Average peaked at $183.7 million in Q4 2023 and troughed at $43.8 million in Q1 2022.
- A 5-year average of $127.0 million and a median of $158.1 million in 2025 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2023 and 2025: Inventory Average surged 204.59% in 2023, then declined 8.02% in 2025.
- Over 5 years, Inventory Average stood at $60.3 million in 2022, then soared by 204.59% to $183.7 million in 2023, then dropped by 7.5% to $169.9 million in 2024, then retreated by 6.93% to $158.1 million in 2025, then slipped by 1.69% to $155.4 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $155.4 million, $158.1 million, and $159.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.47 Bn | 7.02 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 381.00 Mn |
| 3 | Patterson Uti Energy | 4.67 Bn | 4.47 Bn | 597.25 Mn | 145.67 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.11 Bn | 349.94 Mn | 328.17 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 786.73 Mn | 309.38 Mn | 89.01 Mn |
| 8 | Precision Drilling | 1.17 Bn | 1.12 Bn | 89.29 Mn | 39.21 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 778.09 Mn | 756.49 Mn | - | 8.93 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 145.67 Mn |
| Mar 31, 2026 | 155.44 Mn |
| Dec 31, 2025 | 158.11 Mn |
| Sep 30, 2025 | 159.81 Mn |
| Jun 30, 2025 | 165.73 Mn |
| Mar 31, 2025 | 167.40 Mn |
| Dec 31, 2024 | 169.89 Mn |
| Sep 30, 2024 | 172.58 Mn |
| Jun 30, 2024 | 177.79 Mn |
| Mar 31, 2024 | 181.99 Mn |
| Dec 31, 2023 | 183.66 Mn |
| Sep 30, 2023 | 127.28 Mn |
| Jun 30, 2023 | 66.66 Mn |
| Mar 31, 2023 | 65.33 Mn |
| Dec 31, 2022 | 60.30 Mn |
| Sep 30, 2022 | 54.37 Mn |
| Jun 30, 2022 | 49.42 Mn |
| Mar 31, 2022 | 43.83 Mn |
| Dec 31, 2021 | 38.64 Mn |
| Sep 30, 2021 | 34.34 Mn |