Patterson Uti Energy (PTEN) Other Accumulated Expenses (2010 - 2023)
Patterson Uti Energy (PTEN) recorded Other Accumulated Expenses of $67.4 million in Q4 2023, down 0.7% from $67.85 million a year earlier and down 8.7% from the prior quarter.
Patterson Uti Energy (PTEN) Other Accumulated Expenses (2010 - 2023) Analysis & Trends
Starting with Q4 2010, Patterson Uti Energy's Other Accumulated Expenses history includes 52 quarters.
- Annual Other Accumulated Expenses has declined for five straight years, with a five-year compound annual growth rate of -4.3% (FY2018 to FY2023).
- Across earlier years, Other Accumulated Expenses came in at $67.85 million in FY2022 (-0.1%), $67.92 million in FY2021 (-4.1%), $70.85 million in FY2020 (-12.7%) and $81.11 million in FY2019 (-3.2%).
- Quarterly Other Accumulated Expenses has ranged from $61.88 million in Q2 2023 to $82.54 million in Q1 2019 over the past five years.
- On a year-over-year basis, Other Accumulated Expenses rose in three of the last eight quarters, with growth averaging 1.6%.
- Peak year-over-year performance for Other Accumulated Expenses in the last five years was growth of 11.2% in Q3 2023, against a decline of 16.8% in Q2 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $73.83 million (Q3 2023), $61.88 million (Q2 2023) and $66.12 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn |
| 10 | Patterson Uti Energy | 4.28 Bn | 3.13 Bn | 280.64 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 67.40 Mn |
| Sep 30, 2023 | 73.83 Mn |
| Jun 30, 2023 | 61.88 Mn |
| Mar 31, 2023 | 66.12 Mn |
| Dec 31, 2022 | 67.85 Mn |
| Sep 30, 2022 | 66.40 Mn |
| Jun 30, 2022 | 66.73 Mn |
| Mar 31, 2022 | 67.30 Mn |
| Dec 31, 2021 | 67.92 Mn |
| Sep 30, 2021 | 62.43 Mn |
| Jun 30, 2021 | 62.18 Mn |
| Mar 31, 2021 | 68.75 Mn |
| Dec 31, 2020 | 70.85 Mn |
| Sep 30, 2020 | 73.36 Mn |
| Jun 30, 2020 | 74.70 Mn |
| Mar 31, 2020 | 79.09 Mn |
| Dec 31, 2019 | 81.11 Mn |
| Sep 30, 2019 | 74.70 Mn |
| Jun 30, 2019 | 74.60 Mn |
| Mar 31, 2019 | 82.54 Mn |
Patterson Uti Energy Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=PTEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "PTEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();