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
DateValue
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