Patterson Uti Energy (PTEN) Long-Term Deferred Tax (2009 - 2024)
Patterson Uti Energy recorded quarterly Long-Term Deferred Tax of $4.8 million in Q1 2024, up 21.82% quarter-over-quarter from $3.9 million in Q4 2023, and up 34.01% year-over-year from $3.6 million in Q2 2023.
Patterson Uti Energy's Long-Term Deferred Tax history runs 14 years deep, the most recent figure standing at $4.8 million for Q1 2024.
- In Q1 2024, Long-Term Deferred Tax rose 34.01% year-over-year to $4.8 million; the TTM figure through Mar 2024 stood at $4.8 million (up 34.01% YoY), while the FY2023 annual figure 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.
- A 4-year average of $4.1 million and a median of $3.9 million in 2022 frame the typical range for Long-Term Deferred Tax.
- Across the five-year window, Long-Term Deferred Tax declined 19.25% in 2022 and surged 115.78% in 2023, its largest moves.
- Patterson Uti Energy's Long-Term Deferred Tax stood at $4.0 million in 2021, then fell by 19.25% to $3.2 million in 2022, then gained by 22.34% to $3.9 million in 2023, then grew by 21.82% to $4.8 million in 2024.
- According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $4.8 million, $3.9 million, and $7.7 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
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 |
| Dec 31, 2014 | 117.62 Mn |
| Sep 30, 2014 | -836.40 Mn |
| Jun 30, 2014 | -873.11 Mn |
| Mar 31, 2014 | -878.77 Mn |
| Dec 31, 2013 | 67.20 Mn |
| Sep 30, 2013 | -896.66 Mn |
| Jun 30, 2013 | -885.81 Mn |
| Mar 31, 2013 | -871.40 Mn |
| Dec 31, 2012 | 63.58 Mn |
| Sep 30, 2012 | -846.93 Mn |
| Jun 30, 2012 | -828.42 Mn |
| Mar 31, 2012 | -808.86 Mn |
| Dec 31, 2011 | 62.09 Mn |
| Dec 31, 2010 | -484.61 Mn |
| Dec 31, 2009 | 42.42 Mn |