Patterson Uti Energy (PTEN) Long-Term Deferred Tax (2009 - 2024)
Patterson Uti Energy's (PTEN) quarterly Long-Term Deferred Tax came in at $4.8 million in Q1 2024, up 34.01% year-on-year from $3.6 million in Q2 2023, and up 21.82% quarter-over-quarter from $3.9 million in Q4 2023.
Patterson Uti Energy (PTEN) Long-Term Deferred Tax (2009 - 2024) Analysis & Trends
Patterson Uti Energy has disclosed Long-Term Deferred Tax across 14 years of filings, most recently posting $4.8 million for Q1 2024.
- Long-Term Deferred Tax for Q1 2024 came in at $4.8 million, up 34.01% year-over-year; the trailing twelve-month figure through Mar 2024 was $4.8 million (up 34.01% YoY), and the FY2023 annual result was $3.9 million, up 22.34% from the prior year.
- Long-Term Deferred Tax came in at $4.8 million for Q1 2024 at Patterson Uti Energy, up from $3.9 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $7.7 million in Q3 2023 to a low of $2.8 million in Q2 2022.
- The 4-year median for Long-Term Deferred Tax is $3.9 million (2022), against an average of $4.1 million.
- Across the five-year window, Long-Term Deferred Tax dropped 19.25% in 2022 and jumped 115.78% in 2023, its largest moves.
- Patterson Uti Energy's Long-Term Deferred Tax stood at $4.0 million in 2021, then declined by 19.25% to $3.2 million in 2022, then rose by 22.34% to $3.9 million in 2023, then climbed by 21.82% to $4.8 million in 2024.
- The last three Long-Term Deferred Tax figures came in at $4.8 million (Q1 2024), $3.9 million (Q4 2023), and $7.7 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 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 |
| 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 |
|---|---|
| Mar 31, 2024 | 4.78 Mn |
| Dec 31, 2023 | 3.93 Mn |
| Sep 30, 2023 | 7.70 Mn |
| Jun 30, 2023 | 4.03 Mn |
| Mar 31, 2023 | 3.57 Mn |
| Dec 31, 2022 | 3.21 Mn |
| Sep 30, 2022 | 3.57 Mn |
| Jun 30, 2022 | 2.82 Mn |
| Mar 31, 2022 | 3.81 Mn |
| Dec 31, 2021 | 3.98 Mn |
| Sep 30, 2018 | 2.58 Mn |
| Jun 30, 2018 | 1.86 Mn |
| Mar 31, 2018 | 1.01 Mn |
| Dec 31, 2017 | 3.88 Mn |
| Sep 30, 2017 | 2.56 Mn |
| Jun 30, 2017 | 1.34 Mn |
| Mar 31, 2017 | 4.77 Mn |
| Dec 31, 2016 | 4.12 Mn |
| Dec 31, 2015 | 137.03 Mn |
| Mar 31, 2015 | -914.71 Mn |